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BUSINESS

Striking pilots ground majority of SAS flights

Published on 13/06/2016

» STOCKHOLM - Scandinavian airline SAS cancelled on Monday a majority of its Swedish and European flights after pilots rejected an improved pay offer and their strike pushed into a fourth day.

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BUSINESS

SET falls 7.35 points to 1,421.86

Online Reporters, Published on 13/06/2016

» The Stock Exchange of Thailand main index went down 7.35 points, or 0.51%, to close at 1,421.86 points today.

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BUSINESS

Microsoft buys professional network LinkedIn for $26bn

AFP, Published on 13/06/2016

» WASHINGTON - Microsoft said on Monday it was buying the professional social network LinkedIn for $26.2 billion in cash, a move that helps refocus the US tech giant around cloud computing and services.

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BUSINESS

Central focus shifts to Vietnam

Business, Pitsinee Jitpleecheep, Published on 13/06/2016

» After successfully acquiring Big C Vietnam from Casino Group, Central Group will temporarily delay its plans to acquire new retail stores in Europe and put more focus on expanding its retail business in Vietnam, its new strategic market.

BUSINESS

TSC expects 4% revenue drop in slow auto sector

Business, Post Reporters, Published on 13/06/2016

» Thai Steel Cable Plc (TSC) is downbeat about its sales prospects because of the distressed automotive industry.

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BUSINESS

THAI seeks more from partners

Business, Boonsong Kositchotethana, Published on 13/06/2016

» Thai Airways International (THAI) has begun to tackle one of its weaknesses -- weak revenue from its airline partners.

BUSINESS

Banks urged to cash in on CLMV growth

Business, Pathom Sangwongwanich, Published on 13/06/2016

» Thai banks have more room to penetrate neighbouring countries' banking sectors, with ample opportunities for loan growth and risk diversification, says an executive specialising in principal investments.

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BUSINESS

Gold bugs return in droves

Business, Darana Chudasri, Published on 13/06/2016

» Gold futures are returning to investors' radar screens after the price of physical gold gained nearly 20% this year.

BUSINESS

Anti-dumping duty waiver stays after Chinese probe

Business, Published on 13/06/2016

» The Thai Commerce Ministry will keep the anti-dumping tariff waiver on some categories of Chinese steel and wire rods after investigating the latest complaint from domestic producers.

BUSINESS

Satellite fee structure revamp eyed

Business, Komsan Tortermvasana, Published on 13/06/2016

» The government is considering a revamp of the operating fee structure for the satellite industry in a bid to make this aspect of the space economy generate greater benefits for the country, a government official said.