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BUSINESS

CPN assigns B13.9bn to mixed-use trio

Business, Dusida Worrachaddejchai, Published on 17/10/2019

» SET-listed Central Pattana Plc (CPN), the property and retail developer under Central Group, plans to open three new mixed-use projects over the next three years at a cost of 13.9 billion baht.

BUSINESS

Tobacco tax gets the chop

Business, Wichit Chantanusornsiri, Published on 17/10/2019

» The Excise Department will cut the tobacco tax to 2.5 satang per gramme from 10 satang for one year, starting Jan 1, 2020, to give farmers time to adjust.

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BUSINESS

Production date for 777-8 up in the air

Business, Published on 17/10/2019

» SINGAPORE: The date of entry into service of Boeing Co's ultra-long-range 777-8 wide-body airliner would depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways to supply the plane for Sydney-London flights.

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BUSINESS

SCB pioneers pay cheque advance scheme

Business, Published on 17/10/2019

» Siam Commercial Bank (SCB) has emerged as the country's first lender allowing its payroll clients to withdraw salary in advance through its mobile banking platform.

BUSINESS

WHART plans B4.9bn capital increase to invest in 5 projects

Business, Yuthana Praiwan, Published on 17/10/2019

» WHA Premium Growth Real Estate Investment Trust (WHART) plans a fourth capital increase worth a combined 4.88 billion baht to invest in five industrial and logistics projects.

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BUSINESS

MGM sells Bellagio, Circus Circus resorts

Business, Published on 17/10/2019

» LOS ANGELES: MGM Resorts International, pressured by investors to unload its remaining company-owned casinos, agreed on Tuesday to sell the Bellagio resort in Las Vegas to Blackstone Group for $4.25 billion and will continue to operate the property under a lease arrangement.

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BUSINESS

Thailand in bottom tier for privacy protection

Business, Published on 17/10/2019

» Thailand placed in the bottom five out of 47 countries ranked for privacy protection, according to a study by Comparitech, a website that researches and compares tech services.

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BUSINESS

Singapore offers spectrum, targets standalone 5G by 2022

Published on 17/10/2019

» Singapore said it wants all four of its carriers to introduce 5G services, with half the city-state covered by a standalone network by 2022 to maintain competitiveness in developing technology.

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BUSINESS

Transport minister has plans for new vote-catching airports in South

Published on 17/10/2019

» Transport Minister Saksayam Chidchob has plans to spend about 8 billion baht building two new airports in the South, in Phatthalung and Satun, as public-private investment ventures.

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BUSINESS

UTCC advises more stimulus

Published on 17/10/2019

» The government needs to pump more money into circulation — a range of 30-50 billion baht — to reach the target of 3% economic growth this year, says the University of the Thai Chamber of Commerce (UTCC).