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THAILAND

Submarine purchase 'is above board'

News, Mongkol Bangprapa, Published on 27/07/2017

» The Office of the Ombudsman has rejected a petition asking it to scrutinise the 13.5-billion-baht Thai-Chinese submarine purchase deal, saying there are no doubts over the legitimacy of the agreement.

THAILAND

NSC nod eyed for checkpoint upgrade

News, Saiarun Pinaduang, Published on 27/07/2017

» Phayao: Provincial authorities are expected to ask the National Security Council (NSC) to approve a proposed upgrade of the Ban Huak border crossing in Phu Sang district into an international border checkpoint.

BUSINESS

Rainfall dampens SCG's growth forecast

Business, Lamonphet Apisitniran, Published on 27/07/2017

» SET-Listed Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, has revised its 2017 annual revenue growth to 3.5%, down from its previous forecast of 5-10% growth.

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THAILAND

Hua Hin tipped to get international air link

Business, Boonsong Kositchotethana, Published on 27/07/2017

» Hua Hin may soon get a long-awaited steady international air link for the first time in years with the arrival of AirAsia from Malaysia.

BUSINESS

Digital forces to usher in a new age of work

Business, Published on 27/07/2017

» A tidal wave of change is coming that will soon make the way we work almost unrecognisable to today's business leaders. The onset of Industry 4.0 and today's rapidly evolving technologies are influencing business models, demographics, customer behaviour and even workplace attitudes -- all shifting concurrently. The effects of this digital revolution will be far-reaching and transformational.

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BUSINESS

CAT pairs with SpotWerkz to offer WiFi ad service

Business, Komsan Tortermvasana, Published on 27/07/2017

» In a bid to survive a competitive market in the face of shrinking revenue, state enterprise CAT Telecom will make use of its telecom infrastructure to serve its digital business, it says.

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BUSINESS

Zuckerberg, Musk trade barbs over AI

Business, Associated Press, Published on 27/07/2017

» SAN FRANCISCO: Tech titans Mark Zuckerberg and Elon Musk recently slugged it out online over the possible threat artificial intelligence might one day pose to the human race, although you could be forgiven if you don't see why this seems like a pressing question.

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BUSINESS

BoT slaps limits on personal borrowing

Business, Published on 27/07/2017

» The Bank of Thailand has tightened rules governing credit cards and personal loans to curb overspending and household debt, including a cut in the ceiling interest rate for swiped cards to 18%.

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BUSINESS

Somkid optimistic about Q2

Business, Chatrudee Theparat, Published on 27/07/2017

» The economy is expected to maintain its momentum in the second quarter, with Deputy Prime Minister Somkid Jatusripitak expressing confidence that the second quarter's economic performance is unlikely to be lower than the 3.3% recorded in the first quarter.

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BUSINESS

Ministry looking at pilot projects

Business, Wichit Chantanusornsiri, Published on 27/07/2017

» The Finance Ministry is considering piloting smart city projects to provide electronic payment services in specific areas, to explore the digital payment, permanent secretary for finance Somchai Sujjapongse says.