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BUSINESS

“HOT MEDICAL CARE INNOVATIONS”

Published on 24/01/2020

» Mahatma Gandhi once said: “It is health that is real wealth and not pieces of gold and silver.” Given how true his statement is, Forbes Thailand & TISCO Wealth Dinner Talk 2020, held on January 13, at The Athenee Hotel, A Luxury Collection Hotel, Bangkok, took “Medical Care Innovations: Fighting Cancer, Heart Disease, and Alzheimer’s” as its theme.

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BUSINESS

Face mask makers cancel holidays as demand rises

Business, Published on 24/01/2020

» BEIJING/SHANGHAI: Chinese face mask manufacturers are reopening factories shut for a national holiday, promising workers up to four times their normal wages as consumers emptied out stock in stores in a race to protect themselves from the new coronavirus infection.

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BUSINESS

Tax perks for investors seek cabinet approval

Business, Published on 24/01/2020

» Fresh tax measures meant to spur private investment of 100 billion baht are scheduled to go before the cabinet for approval next Tuesday.

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BUSINESS

UTCC says budget delay will hit growth

Business, Wichit Chantanusornsiri, Published on 24/01/2020

» The University of the Thai Chamber of Commerce (UTCC) has flagged concerns that the economy could expand by less than 2.5% this year if the annual budget bill for fiscal 2020 hits further snags after some MPs were reported to have voted in favour of the bill without being present in the House.

BUSINESS

Tourism and Sports Ministry mulls cutting 2020 revenue target

Business, Published on 24/01/2020

» The Tourism and Sports Ministry plans to spend the first quarter assessing three major factors affecting tourism before deciding whether the 2020 revenue target should be slashed.

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BUSINESS

LTV tweaks have minor effect

Business, Pathom Sangwongwanich, Published on 24/01/2020

» The recent tweaks to ease loan-to-value (LTV) regulations are expected to yield a limited impact in increasing property sales because of elevated household debt and banks' tighter loan approvals, say economic think tanks.

BUSINESS

US lawmakers visit NBTC

Business, Komsan Tortermvasana, Published on 24/01/2020

» Three US congressmen held talks yesterday with executives of the telecom regulator to seek ways to strengthen US business in Thailand. They also received an update on the country's move to 5G.

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BUSINESS

Swag EV lines up electric scooter plant

Business, Piyachart Maikaew, Published on 24/01/2020

» Singaporean startup Swag EV plans to establish an assembly plant for electric scooters in Thailand next year to take advantage of the large motorcycle supply chain locally, reducing assembly costs.

BUSINESS

Low confidence slows condo market

Business, Published on 24/01/2020

» The sluggish Bangkok condominium market reflects low confidence among both developers and buyers in the Thai market. Stricter mortgage regulations from the Bank of Thailand have also had a direct impact on sales.

BUSINESS

NSF goal for 2020 to ramp up membership by 29%

Business, Wichit Chantanusornsiri, Published on 24/01/2020

» The National Savings Fund (NSF) aims to increase its total members by 29% this year following a whopping 282% uptick last year.