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BUSINESS

SiamSquared plans $12m ICO presale for March 22

Business, Darana Chudasri, Published on 23/02/2018

» SiamSquared Technologies, a Thai startup and developer of the StockRadars mobile application, plans to raise funds through an initial coin offering (ICO) worth US$12 million (379 million baht), with a pre-sale scheduled for March 22.

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WORLD

SET, other SE Asia stocks jittery on US rate risks

Published on 22/02/2018

» The Stock Exchange of Thailand index and other Southeast Asian shares were buffeted by a region-wide sell-off on Thursday as investors fretted over the possibility of a quickening in US interest rate hikes.

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BUSINESS

Uber will invest 'aggressively' in SE Asia after SoftBank deal

Reuters, Published on 22/02/2018

» NEW DELHI: Uber Technologies Inc's chief executive pledged to continue investing aggressively in Southeast Asia even though the US ride hailing firm expects to lose money in the fast growing market due to costly battles with rivals such as Grab.

WORLD

Indonesia first Asian country to sell green bonds

Reuters, Published on 22/02/2018

» HONG KONG/JAKARTA: Indonesia will become the first Asian country to sell "green" bonds internationally as it looks to tap into growing investor interest in climate-friendly investments.

OPINION

E-commerce tax plan causing ripples across USA

News, Published on 22/02/2018

» The year 2018 begins with a rare moment of accomplishment for the Trump administration: The United States is verging on the nation's biggest overhaul of its tax code for a generation, which will radically cut taxes on profits by US multinationals that repatriate their overseas earnings back to the US.

BUSINESS

KSAM targets 13% growth of AUM to keep position

Business, Nuntawun Polkuamdee, Published on 22/02/2018

» Krungsri Asset Management (KSAM) targets increasing its assets under management (AUM) by 13% this year, aiming to retain its top five position in the mutual fund industry.

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BUSINESS

PTT raises IRPC stake after 7-year wait

Business, Yuthana Praiwan, Published on 22/02/2018

» PTT Plc has acquired an additional stake in IRPC, the Government Savings Bank's (GSB) petrochemical business arm, for 13.8 billion baht after seven years of negotiations.

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LIFE

Building a company that lasts

Life, Usnisa Sukhsvasti, Published on 22/02/2018

» The United Nations Sustainable Development Goals (SDGs) are not merely a global agenda or war cry for sustainable development that is being taken up by governments around the world. To move forward towards global prosperity, there has to be a balance and interaction between economic and social health. As such, business corporations have an equal responsibility and, increasingly, a need, to incorporate sustainable practices into their operations and management systems. It is not just a public-relations exercise, but a factor that will give them an edge, and also provide for long-term growth in a world where business no longer caters simply to a small circle of "customers" or "shareholders", but the wider target of "stakeholders".

BUSINESS

Lloyds profits surge as bank builds on recovery

AFP, Published on 21/02/2018

» LONDON: Lloyds Banking Group on Wednesday said that its net profit soared 52% last year, when the UK lender returned fully to the private sector following a state bailout.

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ADVANCED NEWS

Unwanted advice

Gregory Morrissey, Published on 21/02/2018

» Prime Minister Prayut Chan-o-cha lashed out at a key member of the government's anti-corruption drive Tuesday who had urged him to take action over the luxury watch scandal involving Deputy Prime Minister Prawit Wongsuwon.