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THAILAND

Film star Cate Blanchett backs drive to end plight of 10m stateless

Published on 08/10/2019

» LONDON: Film star Cate Blanchett called on Monday for the world to end the "devastating" plight of millions of people with no nationality -- including almost half a million in Thailand --amid warnings that rising xenophobia is stymieing efforts to meet a 2024 deadline for eradicating statelessness.

BUSINESS

'War room' advises on external policy

Business, Phusadee Arunmas, Published on 08/10/2019

» Thailand needs to restructure the export, import and investment sectors to guard against mounting external risks, particularly from the ongoing trade war, the Brexit impasse and the mounting international geopolitical situation, says Boonyarit Kalayanamit, permanent commerce secretary.

THAILAND

Victoria Secret ruling under fire

News, King-oua Laohong, Published on 08/10/2019

» Anti-human trafficking groups yesterday petitioned Justice Minister Somsak Thepsutin to look into the Department of Special Investigation's (DSI) decision to drop human trafficking charges against two key suspects arrested in connection with the raid on Victoria Secret massage parlour last year.

BUSINESS

G Steel offers new debt plan

Business, Lamonphet Apisitniran, Published on 08/10/2019

» SET-listed G Steel Plc plans to exercise a debt-to-equity conversion scheme for its debt of 9.28 billion baht to eight creditors to reduce the company's massive liabilities worth 18.83 billion baht.

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BUSINESS

Telemedicine on cutting edge

Business, Suchit Leesa-nguansuk, Published on 08/10/2019

» High-speed internet, mobile devices, applications, the Internet of Things, artificial intelligence and mixed-reality technology are playing a major role in revolutionising telemedicine as Thailand faces a shortage of physicians and nurses.

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BUSINESS

5G panel in the works

Business, Komsan Tortermvasana, Published on 08/10/2019

» Prime Minister Prayut Chan-o-cha has assigned the Digital Economy and Society (DES) Ministry to work with related agencies to set up a national 5G committee to facilitate adoption.

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SPORTS

'We will miss Chanathip,' says Nishino

Sports, Tor Chittinand, Published on 08/10/2019

» Thailand coach Akira Nishino on Monday called up True Bangkok United striker Chananan Pombupha to replace Chanathip Songkrasin in the national team, but added that it would be "very difficult" for anyone to fill in for the injured star playmaker.

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BUSINESS

Thai banks earn high marks

Business, Somruedi Banchongduang, Published on 08/10/2019

» Thai commercial banks were rated fully compliant by the Financial Sector Assessment Programme (FSAP), jointly conducted by the World Bank and the IMF, but the multilateral lenders pointed out that household debt, specialised financial institutions (SFIs) and cooperatives still need to improve.

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BUSINESS

Developers dropping prices to shift units

Business, Kanana Katharangsiporn, Published on 08/10/2019

» New condo projects being launched in the final quarter of the year should offer prices below market value and match customer needs if they want a good sales rate, suggests a property consultant.

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BUSINESS

BoT unswayed by LTV relaxation requests

Business, Somruedi Banchongduang, Published on 08/10/2019

» Even though property developers have asked for a relaxation of loan-to-value (LTV) regulations, the Bank of Thailand sees no need to do so.