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BUSINESS

World economy to contract at least 6% in 2020: OECD

AFP, Published on 10/06/2020

» The global economy will contract at least six percent this year, with the unprecedented loss of income and "extraordinary uncertainty" caused by measures to contain the coronavirus outbreak, the OECD said Wednesday.

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NEWS

2020 Ferrari Roma: Thai pricing and specs

Richard Leu, Published on 10/06/2020

» New front-engine, rear-drive coupe created as one of the most price-affordable Ferraris available at the moment.

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BUSINESS

World Bank grim on GDP

Business, Pathom Sangwongwanich, Published on 10/06/2020

» The World Bank has slashed Thailand's GDP outlook for 2020 to a 5% contraction, a drastic cut from 2.7% growth projected previously, as supply chain disruptions and lockdown measures from the coronavirus crisis have triggered an economic downturn.

BUSINESS

MCOT mulls lawsuit against NBTC over compensation

Business, Komsan Tortermvasana, Published on 10/06/2020

» State-owned public broadcaster MCOT is threatening to sue the National Broadcasting and Telecommunications Commission (NBTC) if the telecom regulator's board meeting on Wednesday fails to reach a resolution on the amount of compensation it would give to the company for the 2600-megahertz spectrum recall.

BUSINESS

KBTG debuts contactless services

Business, Somruedi Banchongduang, Published on 10/06/2020

» Kasikorn Business Technology Group (KBTG), a technology arm under Kasikornbank (KBank), yesterday debuted new contactless technologies to build up the country's infrastructure in preparation for the "new normal".

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BUSINESS

Allianz turns to health for growth driver

Business, Darana Chudasri, Published on 10/06/2020

» Allianz Ayudhya Assurance plans to maintain business growth by focusing on health insurance premiums, a key driver for life insurance expansion, aiming to have 50% of total premiums allocated to the health insurance business.

THAILAND

Cambodia to probe activist 'abduction'

News, Bangkok Post, Published on 10/06/2020

» Cambodian police yesterday said they will investigate the case of a Thai activist who disappeared from the streets of Phnom Penh, denying any involvement in what rights group claimed was an "abduction".

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BUSINESS

Industrial group supports Thailand joining CPTPP

Business, Lamonphet Apisitniran, Published on 10/06/2020

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) supports the move to make Thailand a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost the nation's international trade in the post-pandemic period.

THAILAND

Four drug busts net hefty hauls

News, Wassayos Ngamkham, Published on 10/06/2020

» Anti-narcotics police have confiscated a large amount of drugs including 500 kilogrammes of crystal meth and 100kg of heroin, and arrested 17 people in four separate operations.

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BUSINESS

Vietnam's lychee farmers bemoan slumping prices

Business, Published on 10/06/2020

» BAC GIANG, Vietnam: Hundreds of lychee farmers sorted and graded huge piles of the tropical fruit at a busy wholesale market in northern Vietnam yesterday, but many bemoaned slumping prices as foreign traders were held up in quarantine.