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THAILAND

P-move opposes 99-year leases for foreign investors

News, Apinya Wipatayotin, Published on 17/04/2017

» Supporters of the People's Movement for a Just Society, also known as P-move, have threatened to rally in front of Government House to protest against the cabinet's resolution allowing foreign investors to lease government land in the eastern special economic development zone for up to 99 years.

OPINION

Empathy and difficult choices

Life, Pichaya Svasti, Published on 17/04/2017

» That skinny woman clad in a sari carrying an infant in her arms waited for me in front of the bus door. A few small children wearing dirty torn clothes gathered around my legs looking up at me. Like robots, they repeatedly uttered words "Sawasdee, Maharanee [meaning a queen]. Khob khun kha", begging me to give them money. These sights and sounds were common at all pilgrimage sites in India I visited recently. Initially, I felt pity for them until I asked the guide and friends if I should give them money. They warned me against more beggars' arrivals.

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AUTO

Mercedes-AMG C43 Coupe (2017) review

Life, Richard Leu, Published on 17/04/2017

» The Mercedes-AMG C43 Coupe hasn't got the mad guts of the fiery C63 — for quite a good reason.

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BUSINESS

SCB anoints new Digital Ventures head

Business, Somruedi Banchongduang, Published on 17/04/2017

» Siam Commercial Bank (SCB) has appointed Orapong Thien-Ngern, former chief executive of Microsoft Thailand, to succeed Digital Ventures head Thana Thienachariya, who has been promoted to chief marketing officer.

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BUSINESS

Japan reaches out

Asia focus, Published on 17/04/2017

» With ample liquidity supplied by its central bank and facing an anaemic economy back home, many Japanese companies do not have to look any farther west than Southeast Asia to ply their trade and expand their business empires.

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BUSINESS

Siam Park to build mini 'Bangkok City'

Business, Pitsinee Jitpleecheep, Published on 17/04/2017

» Siam Park Bangkok Co, an amusement and theme park operator, will allocate 3 billion baht to build a retail and entertainment project in Bangkok this year in a bid to expand its customer base.

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BUSINESS

CAT, DTAC bank on 2G network-sharing venture

Business, Komsan Tortermvasana, Published on 17/04/2017

» CAT Telecom hopes to enter a 2G network sharing agreement via a joint venture with Total Access Communication (DTAC) this year as the state telecom firm strives to create a new revenue stream after the end of the concession era.

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BUSINESS

Myanmar deserves our patience

Asia focus, Anchalee Kongrut, Published on 17/04/2017

» What a difference a year makes. In the same hot summer last year, Myanmar was the rosy-cheeked debutante of the democratic world after the National League for Democracy (NLD) won a landslide victory in the 2015 election, paving the way for the first civilian-led government in 54 years. Foreign investors were rushing in, lured by economic growth that hit 8.5% in 2014, an emerging market of more than 50 million consumers in a resource-rich land with seemingly endless potential.

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BUSINESS

State land rents based on ROA

Business, Wichit Chantanusornsiri, Published on 17/04/2017

» The Treasury Department has set a new rental fee calculation of a range of 3-5% for return on assets (ROA) for its land used for commercial purposes, and 1% ROA for residential property and farmland.

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WORLD

In search of unicorns

Asia focus, Published on 17/04/2017

» Indonesia-based Kejora Ventures, one of the most active startup accelerators and investors in Southeast Asia, is looking to unite the region's tech entrepreneurs to increase their competitiveness and find those rare unicorns that could be lurking.