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BUSINESS

Singapore budget gives S$6.4 billion boost to economy

Bloomberg News, Published on 18/02/2020

» SINGAPORE: Singapore unveiled a series of support packages in its budget Tuesday to help cushion the economy against the coronavirus outbreak and job risks.

BUSINESS

Virus 'could shave 1%' off growth

Wichit Chantanusornsiri, Published on 18/02/2020

» Thailand is estimated to lose 170 billion baht in tourism income, and one percentage point off the country’s 2020 GDP growth, if the coronavirus outbreak takes six months to contain, says GSB Research.

BUSINESS

Apple shares skid on worries over coronavirus impact

AFP, Published on 19/02/2020

» WASHINGTON: Apple shares slumped on Wall Street Tuesday after the US tech giant warned of a bigger-than-anticipated financial hit from the coronavirus epidemic, roiling financial markets.

BUSINESS

DTAC teases plan for 26GHz 5G licences

Business, Komsan Tortermvasana, Published on 19/02/2020

» Total Access Communication (DTAC) vowed yesterday to launch a home-based ultra-high-speed broadband service by June on the 26-gigahertz range it secured in the 5G spectrum licence auction.

BUSINESS

Chewathai expects condo glut from Chinese exodus

Business, Kanana Katharangsiporn, Published on 19/02/2020

» Competition in the condo market will escalate as a large supply booked by Chinese buyers will return to the market, says MAI-listed developer Chewathai Plc.

BUSINESS

Bioscience lines up 3 new drugs

Business, Lamonphet Apisitniran, Published on 19/02/2020

» Thai pharmaceutical maker Siam Bioscience Group plans to produce and sell three new drugs for complicated diseases -- cancer, kidney failure and autoimmune diseases -- by 2022 both domestically and abroad.

BUSINESS

Inflight Movies: Does Anyone Really Want to Watch Them on a Phone?

Business, Barbara Peterson, Published on 19/02/2020

» When the first seatback video screens starting appearing on airplanes around 30 years ago, the screen was tinier than the average display on today's cellphones. Yet it offered that ultimate perk: relief from the tedium and claustrophobia of air travel.

BUSINESS

Singapore announces package to fight virus

Business, Reuters, Published on 19/02/2020

» SINGAPORE: Singapore on Tuesday announced around US$4.5 billion in financial package to help contain the coronavirus outbreak in the city-state and weather its economic impact, paving the way for its biggest budget deficit in over a decade.

BUSINESS

Prime targets 1,000MW output by 2023

Business, Yuthana Praiwan, Published on 19/02/2020

» Prime Road Power Plc is gearing up renewable power projects in Asia with a power generation target of 1,000 megawatts by 2023.

BUSINESS

Jeff Bezos Pledges $10 Billion to Tackle Climate Change

Business, Sebastian Herrera, Published on 19/02/2020

» Amazon.com Inc. Chief Executive Jeff Bezos says he is committing $10 billion to start a new fund to fight climate change, the biggest philanthropic move to date for the world's richest man.