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BUSINESS

Thai Union sees third-quarter profit rise by 50%

Business, Pathom Sangwongwanich, Published on 05/11/2020

» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.

BUSINESS

BMW sticks to assembly investment

Business, Lamonphet Apisitniran, Published on 05/11/2020

» BMW Group Thailand is continuing its investment in car assembling facilities in Thailand, even as the outbreak impact lead to a slight decrease in nine-month sales by 5% to 8,190 units year-on-year.

BUSINESS

Dutch government backs KLM bailout

Business, AFP, Published on 05/11/2020

» The Hague: The Dutch government on Tuesday approved a multi-billion-euro coronavirus bailout for struggling airline KLM after pilots agreed a five-year pay cut deal.

BUSINESS

REIC: Housing index continues decline into Q3

Business, Kanana Katharangsiporn, Published on 05/11/2020

» The housing price index in Greater Bangkok saw a continued drop in the third quarter as developers continued using discounts and campaigns to boost sales, according to the Real Estate Information Center (REIC).

BUSINESS

Advanced states of human creativity (Part 1)

Business, Detlef Reis, Published on 05/11/2020

» 'The mind is like an iceberg," said the Austrian psychoanalyst Sigmund Freud. Indeed it is, and that especially holds true for the creative mind. So let's talk about icebergs.

BUSINESS

Work-life balance elusive

Business, Published on 05/11/2020

» People in Bangkok struggle to achieve a work-life balance, with the city ranked 43rd out of 50 major cities worldwide for qualities that make working and living easier, according to Kisi, a US-based security specialist.

BUSINESS

BoI grants perks to EV manufacturers

Business, Chatrudee Theparat, Published on 05/11/2020

» The Board of Investment (BoI) chaired by Prime Minister Prayut Chan-o-cha on Wednesday approved a fresh privilege package for electric vehicles (EVs) following the expiration of the previous package in 2018.

BUSINESS

Court dismisses lawsuit against KPN co-founder

Business, Published on 05/11/2020

» Bangkok South Municipal Court has dismissed a lawsuit against Kasem Narongdej, co-founder of KPN Group, one of the defendants in a legal dispute over debt issues, filed by Wind Energy Holding (WEH)'s founder and former owner Nopporn Suppipat.

BUSINESS

Cross-border volume down

Business, Phusadee Arunmas, Published on 05/11/2020

» Thailand's cross-border trade, including transit trade, fell by 4.88% year-on-year in the first nine months of 2020, spurred on by the pandemic and the slowing economy.

BUSINESS

Shoplus: Thailand leads in Q2 social growth

Business, Suchit Leesa-nguansuk, Published on 05/11/2020

» Thailand saw the biggest second-quarter growth in social commerce across Asean, while strong social media engagement has played a monumental role in boosting live commerce in the country, says Shoplus, an artificial intelligence-powered social selling service by Taiwan-based iKala.