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BUSINESS

Government bans face mask exports

Business, Phusadee Arunmas, Published on 22/02/2020

» The government has slapped a ban on face mask exports to ensure sufficient domestic supply.

BUSINESS

U.S. Steel's Turnaround Plan Runs Through Big River Mill

Business, Bob Tita, Published on 22/02/2020

» United States Steel Corp. is betting its future on an efficient new mill along the Mississippi River, not far downstream from one of the old plants that have long defined its labor-intensive approach to steelmaking.

BUSINESS

TikTok Owner's Plan: Be More Than Just TikTok

Business, Shan Li, Published on 22/02/2020

» ByteDance Inc. is looking to ride the momentum of its blockbuster video app TikTok by launching new apps and expanding into e-commerce, games and other areas, as the company tries to compete against tech giants globally.

BUSINESS

IRPC invests in better efficiency

Business, Yuthana Praiwan, Published on 22/02/2020

» IRPC is setting aside a 2020 budget of 1.46 billion baht to improve production costs and enhance efficiency at its Rayong facilities.

BUSINESS

Subpar earnings trend to continue

Business, Bualuang Securities, Published on 22/02/2020

» The fourth-quarter 2019 earnings announcement season finishes this coming week. Of the firms that have reported to date, many have missed market expectations. The numbers have been similarly disappointing among US listed firms.

BUSINESS

Fresh virus spikes give investors pause

Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 22/02/2020

» Recap: Most Southeast Asian stock markets ended lower yesterday, with Indonesia losing the most and Thailand the sole gainer, as a sharp rise in new coronavirus cases dented the appeal of riskier assets.

BUSINESS

Standing out in the crowd of alternative financiers

Business, Darana Chudasri & Pathom Sangwongwanich, Published on 22/02/2020

» Having flown 1,400 kilometres from Singapore to Bangkok with a mission to empower small businesses through online equity crowdfunding, Hong Sin Kwek came a long way to establish one of the country's licenced crowdfunding platforms, whose untapped potential is ample.

BUSINESS

Carriers trim costs as flights decline

Business, Narumon Kasemsuk & Dusida Worrachaddejchai, Published on 22/02/2020

» Airlines are scrambling to shave costs as the slump in travel demand caused by the coronavirus cuts deep into revenue, with some airlines opting to reduce pilots' and crew members' salaries.

BUSINESS

FPO: Prime city plot iffy for farm tax rate

Business, Wichit Chantanusornsiri, Published on 22/02/2020

» An empty plot of prime Bangkok real estate on Ratchadaphisek Road, recently turned into a lime farm to avoid the highest land and buildings tax bracket, is likely subject to the tax rate for vacant land, says the chief of the Fiscal Policy Office (FPO).

LIFE

AIS the first operator to launch 5G

Business, Komsan Tortermvasana, Published on 22/02/2020

» Advanced Info Service (AIS) has launched 5G ultra-fast internet service on the 2600-megahertz range it acquired from the recent auction, saying thousands of its cell sites are compatible with the frequency band.