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BUSINESS

Line launches cheap smartphone service in Japan

Kyodo News, Published on 05/09/2016

» TOKYO - Messaging app provider Line Corp said on Monday it started offering a cheap smartphone service starting from 500 yen (170 baht or $4.80) a month in Japan to a limited number of subscribers.

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BUSINESS

Building Japanese elements

Business, Kanana Katharangsiporn, Published on 05/09/2016

» Apiwich Vongsavan, a third-year civil engineering student from Chulalongkorn University, says the way Japanese do construction reflects the personality and character of the people: neat and highly disciplined.

BUSINESS

BoT set to appoint fintech overseer

Business, Pathom Sangwongwanich, Published on 05/09/2016

» The Bank of Thailand will appoint a new assistant governor to supervise financial technology (fintech) in a bid to regulate the growing industry and push forward the national electronic payment scheme, says an informed source.

BUSINESS

Equities hit by us interest rate speculation again

Business, Published on 05/09/2016

» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.

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BUSINESS

New land tax gets closer

Business, Wichit Chantanusornsiri, Published on 05/09/2016

» The land development tax would be a one-off levy imposed on owners selling or transferring real estate whose value has been boosted by nearby infrastructure projects, a source at the Finance Ministry says.

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BUSINESS

Halal cosmetics: The next big beauty trend

Business, Published on 05/09/2016

» Some of the world's biggest consumer groups are making halal face creams and shampoos for Indonesia ahead of a new labelling law, part of a broader push to cater to growing Muslim populations as sales in many Western markets slow.

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BUSINESS

Can Laos stand the spotlight?

Asia focus, Achara Ashayagachat, Published on 05/09/2016

» Laos has adopted the efficient practice of hosting two Asean summits at one go. Why bother organising two events months apart? We already have a lot of domestic homework and who wants to meet world leaders that often, especially if all they're going to do is nag us about democracy and human rights?

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BUSINESS

Macho men

Asia focus, Published on 05/09/2016

» A handful of unabashedly macho politicians have begun to redefine global politics through their partiality for blunt pragmatism over political correctness. From Rodrigo Duterte in the Philippines and Prayut Chan-o-cha in Thailand to Donald Trump in the United States and Vladimir Putin in Russia, the modus operandi of these tell-it-like-it-is tough guys more closely resembles the threats of a high school bully than the smooth textbook patter of a diplomat.

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BUSINESS

Safer streets ... but at what cost?

Asia focus, Nopporn Wong-Anan, Published on 05/09/2016

» Businessman Melvin Odicta Sr, accompanied by his wife Meriam and their lawyers, showed up at the office of Interior Secretary Ismael Sueño on Aug 25 to deny accusations of his involvement in illegal drug trade.

BUSINESS

Japan vs the Currency Speculators

Business, Published on 05/09/2016

» With Japan's economy struggling to escape its deflationary torpor, the economic-revitalisation plan that Prime Minister Shinzo Abe launched in 2012 has come under growing scrutiny. But Japan's current travails, which have brought a concomitant decline in Japan's stock market, stem from the yen's appreciation -- 24% over the last year -- against major currencies. "Abenomics" -- which included substantial monetary and fiscal expansion -- has nothing to do with it.