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BUSINESS

Airbnb’s Great Wall of China competition crumbles

Published on 08/08/2018

» Airbnb has been forced to cancel a promotion that offered competition winners the chance to spend a night on Great Wall of China after an official heritage body said it had not approved the plan.

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BUSINESS

Jeweller Pandora announces cutbacks, Thailand job losses

Published on 08/08/2018

» COPENHAGEN/BANGKOK: Shares in Danish jewellery maker Pandora plunged by a fifth to their lowest level in more than four years on Tuesday after the company issued a profit warning and announced plans to cut almost 400 jobs.

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BUSINESS

Expedia vows hotel discounts for users of newest service

Business, Suchat Sritama, Published on 08/08/2018

» Expedia, the operator of the travel booking website, has announced plans to further penetrate the Thai market with the launch of a new booking solution that promises to help travellers save money on hotel rooms.

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BUSINESS

BMW expanding EV assembly

Business, Piyachart Maikaew, Published on 08/08/2018

» BMW Group Thailand is ready to expand local assembly of electric vehicles (EVs) after the German carmaker was granted investment privileges by the Board of Investment (BoI) on July 25.

BUSINESS

SEC says stay away from Ronghui securities offers

Business, Post Reporters, Published on 08/08/2018

» The Securities and Exchange Commission (SEC) has warned investors about entering into investment contracts with Ronghui International Service, as the company lacks a securities offering licence.

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BUSINESS

TBA: Transfer glitch refunds shortened to 1 day

Business, Somruedi Banchongduang, Published on 08/08/2018

» The Thai Bankers' Association (TBA) has agreed to shorten the period for unmatched fund transfer returns in the event of mobile app glitches to one day from a few days.

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BUSINESS

TV audiences larger in July on Tham Luang cave suspense

Business, Komsan Tortermvasana, Published on 08/08/2018

» Digital TV viewership in July reached 89.4%, up slightly from June's 89.2%, as the Wild Boars cave rescue in Chiang Rai drew huge audiences for live broadcasts and news updates, says the broadcasting regulator.

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BUSINESS

MCOT branches out with SME showcase

Business, Nanat Suchiva, Published on 08/08/2018

» MCOT Plc is diversifying into real estate, logistics and trading services by hosting MCOT Mart for Thai SMEs in an effort to create new revenue sources.

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BUSINESS

Thai-Myanmar border commerce to double by 2026

Business, Taam Yingcharoen, Published on 08/08/2018

» The value of border trade between Thailand and Myanmar is expected to double to US$12 billion by 2026, says the assistant spokesman of the Prime Minister's Office.

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BUSINESS

PM orders formation of R&D ministry

Business, Chatrudee Theparat, Published on 08/08/2018

» Prime Minister Prayut Chan-o-cha has ordered the creation of a new ministry overseeing R&D and innovation, to be established before the next election.