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BUSINESS

Thailand’s Jan-June Investment Applications Reach USD12 billion, as FDI Quadruple, E&E and Medical Sectors Continue to Expand, BOI says

Published on 09/08/2021

» In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.

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THAILAND

Ministry condemns protesters' spray-painting of Victory Monument

Wassana Nanuam, Published on 09/08/2021

» The Defence Ministry has strongly condemned anti-government protesters who on Saturday spray-painted the Victory Monument, which contains the ashes of soldiers, police and civilians who died protecting the Thai nation.

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BUSINESS

July industries sentiment at 14-month low amid Covid spike

Reuters, Published on 09/08/2021

» Industries sentiment dropped for a fourth straight month in July to a 14-month low, dented by the country's biggest Covid-19 outbreak to date and a slow vaccine rollout, an industries group said on Monday.

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THAILAND

Tonnes of mangosteen flown to North in fruit swap programme

Supapong Chaolan, Published on 09/08/2021

» SURAT THANI: The air force flew two tonnes of mangosteen from this southern province to Chiang Mai in the North on Monday, and the transport plane was to return with two tonnes of longan.

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WORLD

Nagasaki marks atomic bomb anniversary with sombre ceremony

AFP, Published on 09/08/2021

» TOKYO: The Japanese city of Nagasaki on Monday commemorated the 76th anniversary of its destruction by a US atomic bomb, with the mayor calling for the global community to build on a new nuclear ban treaty.

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BUSINESS

Investment pledges more than double in H1 - BoI

Reuters, Published on 09/08/2021

» Investment applications in the first half of this year rose 158% from a year earlier to 386 billion baht, led by the electronics and medical sectors, the country’s investment agency said on Monday.

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THAILAND

Carabao Group and CJ Express Group recognised by Deloitte’s Thailand’s Best Managed Companies 2021 Awards

Published on 09/08/2021

» Carabao Group Public Company Limited and CJ Express Group Company Limited have both received awards from Thailand’s Best Managed Companies 2021, the inaugural awards programme by Deloitte in Thailand.

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THAILAND

Thai Union sees solid second quarter growth on the back of its successful business diversification strategy

Published on 09/08/2021

» Results underpinned by a return to pre-pandemic activities in some core markets

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BUSINESS

China Telecom eyes $8.4 bn Shanghai IPO, world's biggest in 2021

AFP, Published on 09/08/2021

» SHANGHAI - China Telecom could raise more than $8 billion in a Shanghai initial public offering that would be the biggest this year, months after it was delisted in the United States amid Washington's stand-off with Beijing.

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BUSINESS

Vast infrastructure bill overcomes key hurdle in US Senate

AFP, Published on 09/08/2021

» WASHINGTON - A vast new investment plan aimed at modernizing America's infrastructure overcame a key legislative hurdle in the US Senate on Sunday, with legislation described as "historic" by President Joe Biden now almost certain to become law.