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WORLD

Bitcoin tumbles below $40,000 after China issues warning

AFP, Published on 19/05/2021

» BEIJING - Bitcoin plunged below $40,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them.

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BUSINESS

High asphalt prices help spur Tasco's Q1 profits

Business, Yuthana Praiwan, Published on 19/05/2021

» SET-listed Tipco Asphalt Plc (Tasco), Thailand's largest asphalt manufacturer, returned to the black after it posted a net profit of 422 million baht in the first quarter of this year, mainly due to higher asphalt prices.

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BUSINESS

Slow uptake of B6.5bn in BoT soft loan scheme

Business, Wichit Chantanusornsiri, Published on 19/05/2021

» The Thai Credit Guarantee Corporation (TCG) recorded a low number of requests for its soft loan guarantee, totalling only 6.5 billion baht out of its earmarked 100 billion.

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BUSINESS

From Bitcoin to Dogecoin: What's Driving Cryptocurrencies' Rise

Business, Published on 19/05/2021

» Cryptocurrencies such as bitcoin, ether and dogecoin have surged to highs that few investors would have predicted a year ago. The furious run has even the most optimistic traders asking: Can it last?

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SPORTS

Yang expects Asian major highs

Sports, Published on 19/05/2021

» Kiawah Island: South Korea's YE Yang believes it will not take another 12 years for the region to herald a third major champion following Hideki Matsuyama's stunning victory at the Masters last month.

BUSINESS

Goldman Taps Uber Executive to Run Its Consumer Bank

Business, Published on 19/05/2021

» Goldman Sachs Group Inc. is poaching an engineering executive from Uber Technologies Inc. to run Marcus, its digital-banking unit.

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BUSINESS

Corporate bond issuance to surpass B750bn target

Business, Darana Chudasri, Published on 19/05/2021

» Corporate bond issuance is expected to exceed the market's target of 750 billion baht this year because of excess liquidity in global money markets and readiness of financial intermediaries to comply with social distancing measures and remote work, says Ariya Tiranaprakit, deputy managing director of the Thai Bond Market Association (TBMA).

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THAILAND

Koh Samet reopens doors to visitors

News, Post Reporters, Published on 19/05/2021

» The popular island of Koh Samet was reopened to visitors yesterday after community testing found it had no new Covid-19 infections.

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BUSINESS

FTI to bring back 'Faster Payment'

Business, Lamonphet Apisitniran, Published on 19/05/2021

» The Federation of Thai Industries (FTI) is bringing back its "Faster Payment" scheme to urge large companies to speed up debt repayments in a fresh attempt to help their trading partners -- mostly small and medium-sized enterprises (SMEs) -- solve liquidity problems amid Covid-19.

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THAILAND

Phuket to ease travel restrictions

News, Achadthaya Chuenniran, Published on 19/05/2021

» Phuket has announced it will ease travel restrictions and allow visitors who have not received Covid-19 vaccines to enter the province by land, though they will have to self-quarantine.