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BUSINESS

MoU slate to bring Chinese into EEC

Business, Lamonphet Apisitniran, Published on 23/08/2018

» The government will sign 17 memorandums of understanding (MoUs) with Chinese counterparts, expecting to capture new trade and investment for the flagship Eastern Economic Corridor (EEC) scheme.

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BUSINESS

Regulator rethinks licence conditions

Business, Komsan Tortermvasana, Published on 23/08/2018

» The telecom regulator is amending the existing terms of licence payments for the 1800- and 900-megahertz spectra to foster more competitive bidding for bandwidth left over from the most recent auction.

BUSINESS

SCG joins scheme to lift villages

Business, Lamonphet Apisitniran, Published on 23/08/2018

» The Industry Ministry has teamed up with Siam Cement Group (SCG) to gain the company's know-how for the government's 22-billion-baht Creative Industry Village (CIV) scheme.

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BUSINESS

KS recommends telecom shares

Business, Nuntawun Polkuamdee, Published on 23/08/2018

» Kasikorn Securities (KS) remains optimistic about the operating results of two major telecom companies for at least two years, saying they are expected to pay for the unsettled 900-megahertz spectrum licence or extend repayments through negotiations.

BUSINESS

SEC warns investors away from DB Hold

Business, Published on 23/08/2018

» The Securities and Exchange Commission (SEC) has warned investors to refrain from investing in shares and digital tokens of DB Hold Plc, saying the company is not licensed to sell securities and digital tokens.

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BUSINESS

Listed firms enjoy profit surge

Business, Darana Chudasri, Published on 23/08/2018

» SET-listed companies reported a combined net profit of 551 billion baht in the first half, buoyed by firms operating in the petroleum, services and financial sectors.

BUSINESS

Sansiri goes all-in on solar PV rooftops

Business, Kanana Katharangsiporn, Published on 23/08/2018

» SET-listed developer Sansiri Plc (SIRI) plans to have solar photovoltaic (PV) rooftops installed at the clubhouses of all new housing projects launched from next year to reduce the electric bill by 15%.

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THAILAND

Arrest of Myanmar women triggers fury

News, Penchan Charoensuthipan, Published on 23/08/2018

» Thai authorities are being urged to set appropriate and clear procedures for raids and arrests involving migrant workers after two Myanmar labourers were rounded up and faced deportation as well as a two-year ban for doing volunteer work.

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BUSINESS

Cabinet mulls master plan for marine safety

Business, Suchat Sritama, Published on 23/08/2018

» The Tourism and Sports Ministry has presented a new master plan to improve safety in marine tourism to the cabinet, featuring a new Marine Surveillance and Assistance Centre to offer better protection to tourists.

THAILAND

4 Singaporeans wanted over B200m trading scam

News, King-oua Laohong, Published on 23/08/2018

» Arrest warrants have been issued for four Singaporeans believed to be behind an alleged transnational investment fraud that saw victims in Thailand swindled out of 200 million baht in a foreign stock trading scam, the Department of Special Investigation (DSI) said on Wednesday.