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LEARNING

California Wow: Land seized by anti-money laundering agency

Jon Fernquest, Published on 20/01/2016

» While reporting losses transferred 1.69 billion baht (99% of all transactions) abroad & to buy Phangnga land for founder Eric Levine from 2000-2011. Cheating customers by shutting down branches while selling memberships.

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BUSINESS

Duty-free market review

Business, Wichit Chantanusornsiri, Published on 20/01/2016

» The Customs Department is considering whether to allow new players to enter the duty-free market now monopolised by King Power.

BUSINESS

Stability, state spending set to boost sector, says FTI

Business, Published on 20/01/2016

» The electrical and electronics industry is expected to rebound with 3% growth this year on the back of political stability and government spending, according to the Federation of Thai Industries (FTI).

THAILAND

State attorney indicts Philip Morris Thailand for tax evasion

News, King-oua Laohong, Published on 20/01/2016

» US tobacco giant Philip Morris could face a fine up to 80 billion baht after public prosecutors decided to bring charges to the Criminal Court against its Thai unit.

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BUSINESS

Digital TV operators seek NBTC support

Business, Nanat Suchiva, Published on 20/01/2016

» Digital TV operators have urged the National Broadcasting and Telecommunications Commission (NBTC) to come up with an action plan to help them survive.

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BUSINESS

Ezaki Glico expects warm welcome for ice cream

Business, Pitsinee Jitpleecheep, Published on 20/01/2016

» Japanese food manufacturer Ezaki Glico Co is launching its ice-cream business next week in Thailand, its first international market outside Japan, under the well-known brand Glico Pocky.

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OPINION

City Hall lit up amidst streets of darkness

News, Sirinya Wattanasukchai, Published on 20/01/2016

» True to its name, "Light of Happiness" -- two entrances, six panels, one tunnel with butterfly curtains and a few light installations on the ground -- is illuminated. All at once, Lan Khon Muang Plaza in front of the City Hall on Din So Road looks spectacular.

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BUSINESS

Tourism replaces dairy as NZ's top income earner

Business, Reuters, Published on 20/01/2016

» WELLINGTON: New Zealand's booming tourism industry is emerging as a cornerstone of an economy hit by declining dairy exports, but the hordes descending on silver screen locations such as Hobbiton are stretching the small island nation's resources.

BUSINESS

Tata kicks off heavy truck sales

Business, Piyachart Maikaew, Published on 20/01/2016

» Mumbai-based Tata Motors Ltd, India's biggest car maker, is now selling heavy-duty trucks in Thailand after the original start date was delayed by almost two years.

BUSINESS

Stylhunt raises $500,000

Business, Suchit Leesa-nguansuk, Published on 20/01/2016

» Stylhunt, a Thai discovery engine for online vendors, has raised almost US$500,000 in the pre-series A round from venture capitalists and investors in a bid to penetrate the local mobile commerce industry.