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BUSINESS

Saudi Arabia Is Betting $1 Trillion It Can Become the Next Tourist Hotspot

Business, Published on 06/09/2022

» Retired Arkansas accountant Dora Jane Flesher wanted a postpandemic adventure off the beaten track. In Saudi Arabia she was mesmerized by ancient tombs carved into sandstone outcroppings in Al-Ula. She was less impressed by a museum featuring a collection of old TVs and touch-tone phones plus rocks from every U.S. state.

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BUSINESS

67 industrial estates set to be flood-proofed

News, Sunthorn Pongpao, Published on 04/09/2022

» Ayutthaya: The Industry Ministry has ordered an immediate review of anti-flood measures around 67 industrial estates nationwide, several of which remain seriously at risk of being inundated again some 11 years after the massive floods of 2011.

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BUSINESS

Lazada ready for push into Europe

Published on 01/09/2022

» Lazada is preparing to make its first foray into Europe, building on the success of the Alibaba-owned e-commerce platform in Southeast Asia, as it seeks to take on rivals such as Amazon.com and Zalando.

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BUSINESS

Volkswagen shifts gear with Oliver Blume taking wheel

AFP, Published on 01/09/2022

» FRANKFURT: Volkswagen on Thursday hands over the reins to new CEO Oliver Blume, tasked with steering the German automotive giant through challenging economic conditions after four turbulent years under his predecessor, Herbert Diess.

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BUSINESS

Tops initiative helps out longan farmers

Business, Published on 01/09/2022

» Tops, Thailand's leading food retailer, recently sent sourcing teams to the provinces of Uttaradit and Sukhothai to visit farmers, offer them advice and purchase longan from them.

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BUSINESS

SMPC expects LPG cylinder sales to reach 8m in 2022

Business, Yuthana Praiwan, Published on 01/09/2022

» SET-listed Sahamitr Pressure Container (SMPC), the world's largest liquefied petroleum gas (LPG) cylinder producer by capacity, expects sales to hit a new high of 8 million units this year, thanks to higher demand as the pandemic eases.

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BUSINESS

Russia Confounds the West by Recapturing Its Oil Riches

Business, Published on 31/08/2022

» Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money.

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BUSINESS

Singapore mulls making it harder for people to trade crypto

Published on 29/08/2022

» The Monetary Authority of Singapore (MAS) is considering restricting retail investors’ use of leverage and credit facilities to trade cryptocurrencies as it joins global regulators in forging rules to govern digital assets.

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BUSINESS

Thonburi Healthcare chairman resigns after market ban

Online Reporters, Published on 26/08/2022

» Dr Boon Vanasin, the founder and chairman of Thonburi Healthcare Group (THG), is resigning from the company’s board as he faces a market ban in connection with claims he made last year about the purchase of Pfizer coronavirus vaccines.

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BUSINESS

Taliban ban crypto in Afghanistan, arrest digital coin dealers

Bloomberg News, Published on 26/08/2022

» Afghanistan’s central bank imposed a nationwide ban on cryptocurrencies this month and the Taliban regime has arrested several dealers who defied orders to stop trading digital tokens, according to a senior police official.