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BUSINESS

Koh Samui opts for luring Thais as foreigners flee

Business, Dusida Worrachaddejchai, Published on 19/08/2019

» A decrease in foreign visitors has prompted operators in Koh Samui to turn their focus to Thai travellers, with more affordable tourism services being arranged.

BUSINESS

AIS seeking clarity on must-carry rule

Business, Komsan Tortermvasana, Published on 19/08/2019

» Telecom operator Advanced Info Service (AIS) has urged the broadcasting regulator to clearly define the scope of its must-carry rule and whether it applies to mobile platforms.

OPINION

Understanding Papua's struggle

Asia focus, Published on 19/08/2019

» A sham referendum under the Suharto dictatorship, an ethnic population dissimilar to Indonesia's predominantly Muslim community, over half a million lives lost to genocide and unlawful killings, and myriad human rights atrocities committed against their own people -- the story of Papua presents the most convincing case for independence out of many global separatist movements. Yet, the future of Papua remains highly unpredictable.

BUSINESS

More earnings slippage likely

Business, Published on 19/08/2019

» After particularly weak second-quarter results, we could be in for more year-on-year earnings slippage in the third quarter. Although expectations for macroeconomic expansion are already diminished, if the Sino-US trade conflict escalates, Thai GDP growth could slow further.

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BUSINESS

Lower car sales on the cards

Business, Piyachart Maikaew, Published on 19/08/2019

» Overall car sales are expected to contract throughout the third quarter of 2019 after figures in July remained in the red for a second straight month, attributed to financial institutions tightening their car loan conditions in line with the Bank of Thailand's warning, say local distributors.

BUSINESS

Finance Ministry plans rejig of fuel excise tax

Business, Wichit Chantanusornsiri, Published on 19/08/2019

» The Finance Ministry wants to revamp the structure of the excise tax on fuels to base it on carbon dioxide (CO2) emissions, with the aim of reducing greenhouse gas emissions to protect the environment.

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BUSINESS

Paul prepares to take out Starbucks via coffee lovers

Business, Pitsinee Jitpleecheep, Published on 19/08/2019

» French bakery and restaurant chain Paul is ramping up its bakery and cafe business, aiming to challenge US coffee chain Starbucks.

BUSINESS

New tax poised to diminish bond activity

Business, Nuntawun Polkuamdee, Published on 19/08/2019

» Active bond trading and new debenture issuance are expected before the 15% withholding tax imposed on fixed-income funds takes effect on Tuesday, in order to avoid the latest tax tweak aimed at reducing inequality.

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BUSINESS

Are the cuts merely cosmetic?

Business, Published on 19/08/2019

» Commercial banks and state-owned financial institutions have reacted swiftly to the Bank of Thailand's recent monetary policy easing by cutting their lending rates, but the efficiency of such a move remains opaque amid lethargic economic conditions.

BUSINESS

State vows export measures

Business, Chatrudee Theparat, Published on 19/08/2019

» The government has pledged to come up with new measures to spur exports and promote investment either later this month or early next month.