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BUSINESS

TikTok Tops 1 Billion Monthly Users

Business, Published on 29/09/2021

» More than 1 billion people use TikTok every month, according to a statement posted on the video-sharing app's website Monday.

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BUSINESS

Pfizer Thailand delivers breakthrough results amid the pandemic

Business, Published on 28/09/2021

» There has never been a time when the US drugmaker and vaccine manufacturer Pfizer's purpose of "breakthroughs that change patients' lives" has been more fitting than in the midst of the Covid-19 pandemic.

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BUSINESS

Restaurant operators file B50m lawsuit against Prayut

Online Reporters, Published on 27/09/2021

» A restaurant operator has sued Prime Minister Prayut Chan-o-cha on behalf of other owners for 50 million baht in compensation for damage to business resulting from ineffective measures to combat the Covid-19 pandemic.

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BUSINESS

BAAC sparks up cannabis farming loan scheme

Business, Wichit Chantanusornsiri, Published on 25/09/2021

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has started offering loans this month to plant cannabis for community enterprises and agricultural cooperatives after parts of the plant were taken off the narcotics list.

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BUSINESS

Journeys of discovery

Asia focus, Nareerat Wiriyapong, Published on 16/08/2021

» Sipping green tea after having a Thai lunch at his house, Farid Bidgoli looks relaxed yet energetic, and ready for an interview. From his appearance and accent, the 42-year-old executive looks exactly like someone from the UK where he was born, though he is half Iranian with a spirit inherited from his father.

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BUSINESS

What's in Democrats' $3.5 Trillion Budget Plan--and How They Plan to Pay for It

Business, Published on 11/08/2021

» Senate Democrats released an outline Monday of the $3.5 trillion antipoverty, healthcare and climate plan they hope to approve this fall without Republican support. Here are details on the proposal and the steps needed to turn the broad budget framework into actual legislation and law.

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BUSINESS

AstraZeneca Loses Money on Covid-19 Vaccine for Second Straight Quarter

Business, Published on 07/08/2021

» AstraZeneca PLC narrowed losses from its Covid-19 vaccine in the second quarter but its earnings fell below forecast, highlighting the divide between it and rivals, such as Pfizer Inc., that are profiting from their shots.

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BUSINESS

Tencent Plummets as China Calls Online Gaming 'Opium for the Mind'

Business, Published on 04/08/2021

» Shares of Tencent Holdings Ltd. and rivals plummeted Tuesday after a state-owned Chinese newspaper criticized online gaming as "opium for the mind," fueling investor concerns that the companies' popular games could be swept up into a broader regulatory crackdown.

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BUSINESS

Tencent shares dive after Chinese media brand online games ‘spiritual opium’

Bloomberg News, Published on 03/08/2021

» Tencent Holdings Ltd dived as much as 11% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set its sights on online entertainment.

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BUSINESS

Analysts shrug off inflation concerns

Business, Phusadee Arunmas, Published on 29/07/2021

» Inflation rates in developed countries, particularly in the US and among nations in the European Union, have been rising since the beginning of the year, in part because of large stimulus schemes designed to rehabilitate their economies battered by the pandemic.