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BUSINESS

Iran sanction fears drive up global oil prices

Business, Yuthana Praiwan, Published on 08/05/2018

» Global oil prices have hit a new high exceeding US$70 per barrel after a sharp drop in early 2014, as more investors are concerned with whether the US will resume sanctions on Iran.

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BUSINESS

Talent shortage threatens growth

Business, Published on 08/05/2018

» Already a major issue, skilled talent shortages will continue to impede growth, and if not addressed could have a significant impact on major Asia-Pacific economies by 2030, according to a study by the global organisational consulting firm Korn Ferry.

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LIFE

High-minded brow

Life, Published on 08/05/2018

» May is a charitable month for Benefit Cosmetics, whose "Bold Is Beautiful" project invites people to contribute by having a brow wax to raise funds for charities worldwide.

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LIFE

It's play time!

Life, Published on 08/05/2018

» After the enthusiastic reception of the first edition in 2016, the Bangkok International Children's Theatre Festival (BICT Fest) is back, from May 19-27. In this edition there will be nine productions from seven countries: Germany, Japan, Belgium, Scotland, Indonesia and Thailand, with a special French Highlights programme. The menu is diverse, open and colourful, and includes a new circus, contemporary dance, puppetry and mime acts, and is fit for viewers aged two to adulthood. The venues are the Bangkok Art and Culture Centre, M Theatre and Chulalongkorn University.

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THAILAND

Carfentanil a new drug to dread

News, King-oua Laohong, Published on 08/05/2018

» A United Nations drug enforcement body has voiced concern about the possible smuggling of a powerful synthetic opioid into Thailand and the region after it was spread across the US and European countries using postal services.

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THAILAND

Top officials linked to education fund theft

News, Dumrongkiat Mala, Published on 08/05/2018

» Seven high-ranking education officials and retirees have been found to be involved in the embezzlement of more than 88 million baht from a protection fund supposed to help underprivileged children, according to an internal Education Ministry probe.

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BUSINESS

BoT pegs losses to strong baht mitigation

Business, Pathom Sangwongwanich, Published on 08/05/2018

» The Bank of Thailand has attempted to allay concerns about its accumulated losses by clarifying that they stem from its financial operations to mitigate baht appreciation through foreign currency purchases.

BUSINESS

Thai Union sees Q1 profit plunge on stronger baht

Business, Darana Chudasri, Published on 08/05/2018

» SET-listed Thai Union Group Plc (TU), the world's biggest canned and frozen tuna exporter, reported a decline in its first-quarter net profit as a result of the baht's appreciation and higher raw material costs.

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BUSINESS

Last edible-grade rice auction in the offing

Business, Phusadee Arunmas, Published on 08/05/2018

» The government is calling an auction for the final lot of edible-grade rice stocks totalling 43,700 tonnes after postponing it for almost a year.

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WORLD

Indonesia stocks bounce back, SET ends flat

Published on 07/05/2018

» Indonesian shares rose 1.6% on Monday, driven by gains in consumer stocks on the likelihood of a higher palm oil import quota from China, while the Stoc Exchange of Thailand index closed unchanged.