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BUSINESS

Markets Hover Near Records Despite Growing Coronavirus Outbreak

Business, Akane Otani, Published on 17/02/2020

» The coronavirus outbreak has closed factories, curbed spending and disrupted supply chains in the world's second-largest economy. But U.S. stocks have held close to records.

BUSINESS

5G revenue to hit $7.3bn in a decade

Business, Komsan Tortermvasana, Published on 17/02/2020

» Enhanced mobile broadband, 5G smartphone usage and various kinds of rich content are major targets following the initial 5G roll-out in Thailand, while the real commercial use cases for industry should be seen next year, according to Ericsson Thailand, the local operating unit of the Swedish telecom infrastructure firm.

BUSINESS

Golden Land banking on low-rise housing projects

Business, Published on 17/02/2020

» SET-listed Golden Land Property Development Plc, a subsidiary of Frasers Property Thailand Plc, expects low-rise development to help drive revenue growth.

BUSINESS

Acer aims for more enterprise clientele

Business, Suchit Leesa-nguansuk, Published on 17/02/2020

» Acer Computer Thailand, the local operating unit of the world's fifth-largest computer maker, is embarking on a "dual transformation" strategy that develops new products and services as business engines to go beyond the computer market.

BUSINESS

ARV to deploy AI for farming, analytics

Business, Yuthana Praiwan, Published on 17/02/2020

» AI and Robotics Ventures (ARV), a subsidiary of PTT Exploration and Production (PTTEP), is diversifying into agriculture by developing AI (artificial intelligence) and data analytics systems for local farming.

BUSINESS

Mid-year funds available for more stimulus

Business, Wichit Chantanusornsiri, Published on 17/02/2020

» A mid-year budget worth 100 billion baht is available for the government to finance new economic stimulus measures while the fiscal 2020 budget is held up, says a senior official at the Finance Ministry.

BUSINESS

Dark day clouds growth outlook

Business, Pitsinee Jitpleecheep, Lamonphet Apisitniran & Narumon Kasemsuk, Published on 17/02/2020

» Feb 8, 2020 will be remembered as one of the darkest days in Thailand's history. What initially appeared to be a tranquil weekend holiday turned to terrible tragedy as many lives were lost when a distressed soldier went on a shooting rampage in Nakhon Ratchasima province.

BUSINESS

Estates confident of sufficient water supply

Business, Lamonphet Apisitniran and Yuthana Praiwan, Published on 17/02/2020

» Industrial estate owners, factories and power plants are instituting measures to reach the government's target of a 10% reduction in water use to deal with the ongoing drought crisis, though some operators say the measures may not be enough if the drought continues through the rainy season.

BUSINESS

Food exports to China rising

Business, Phusadee Arunmas, Published on 17/02/2020

» Thailand's food exports to China are likely to double in the second quarter, driven by a surge in demand after food stocks for the first quarter are depleted.

BUSINESS

Trump Administration Considers Halting GE Venture's Engine Deliveries to China

Business, Ted Mann & Bob Davis, Published on 18/02/2020

» The Trump administration is considering a proposal to halt deliveries of jet engines co-produced by General Electric Co. for a new airliner being developed in China, a potential escalation of protective trade measures that could have steep repercussions for the major American manufacturer.