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BUSINESS

IEAT eyes development of two industrial estates

Business, Lamonphet Apisitniran, Published on 05/02/2018

» The Industrial Estate Authority of Thailand (IEAT) plans to form a partnership with two private companies to develop and operate two new industrial estates worth 9.83 billion baht.

BUSINESS

Manpower solutions for workforce challenges

Christopher Bruton, Published on 05/02/2018

» Sourcing competent, reliable and skilled workforce in a full employment situation is a major challenge for every employer, large-scale or small-scale. Offering ready-made and tested solutions is a role that has been provided for 70 years world-wide and 20 years in Thailand by the Manpower Group. Manpower operates worldwide through 3,500 offices in 80 countries, serving over 400,000 clients.

WORLD

Abducted Vietnam oil official gets another life sentence

Reuters, Published on 05/02/2018

» HANOI: A high-profile former Vietnamese oil executive was sentenced to life in jail for embezzlement on Monday, two weeks after was also imprisoned for life on similar charges in a separate case, state media reported.

WORLD

Freed Samsung heir Lee to appeal convictions

Published on 05/02/2018

» SEOUL: The lawyer for Samsung Group heir Jay Y. Lee said on Monday his client plans to appeal to the Supreme Court after he was found guilty of some charges by an appeals court, even though his sentence was suspended and he was able to walk free.

LIFE

China looks to stamp out cryptocurrency trading

AFP, Published on 05/02/2018

» BEIJING: China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores.

BUSINESS

Fed rate fears spark SET correction

Business, Darana Chudasri & Nuntawun Polkuamdee, Published on 06/02/2018

» The Stock Exchange of Thailand (SET) yesterday suffered a sharp correction as foreign investors were spooked by the possibility of a faster rate hike by the US Federal Reserve after January's upbeat US employment and wage data.

BUSINESS

SET renews pact with Korea Exchange to 2023

Business, Nuntawun Polkuamdee, Published on 06/02/2018

» Seoul: The Stock Exchange of Thailand (SET) has signed a renewal of its memorandum of understanding (MoU) with the Korea Exchange (KRX) to continue synergy efforts on capital market development and business opportunities between the two exchanges.

BUSINESS

Revenue Department targets more refunds

Business, Wichit Chantanusornsiri, Published on 06/02/2018

» The Revenue Department expects the number of individual taxpayers who receive tax refunds for the 2017 tax year will be 25% higher than 2016 at 4 million, thanks to the larger number of standard deductions and allowances and the widened income band of the 30% tax bracket and the top rate.

BUSINESS

Wall Street stocks plunge in chaotic session

AFP, Published on 06/02/2018

» NEW YORK: Wall Street stocks plunged in chaotic trading on Monday, as the Dow's gains for 2018 were erased in a brutal pullback from months of stock market euphoria that had been acclaimed by President Donald Trump.

BUSINESS

Bhutan blazes a trail for Asia in climate action

Published on 06/02/2018

» A pioneering initiative in the Himalayas could inspire Asia to act on climate change, argues Dr Wit Soontaranun from the DT Group of Companies’ Social Contributions Office.