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BUSINESS

Laos links 195MW power to Cambodia

Published on 08/01/2020

» Nearly 200 megawatts of electricity from Don Sahong Dam in Laos has been linked to Cambodia’s national grid after the dam finished tests on four electricity generators.

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LIFE

Travellers uneasy over tensions in Middle East

Published on 08/01/2020

» Thai outbound travellers are starting to be concerned about the confrontation in the Middle East, as the region is the leading aviation hub for popular destinations in Europe.

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WORLD

2019 second hottest year on record: EU

AFP, Published on 08/01/2020

» PARIS: 2019 was the second hottest year on record and ended the hottest decade in history, the European Union's climate monitoring service said Wednesday.

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WORLD

Four killed in car bombing near Somalia parliament

AFP, Published on 08/01/2020

» MOGADISHU: At least four people were killed, including a senior government official, and 10 wounded when a car bomb exploded close to a checkpoint near Somalia's parliament in the capital Mogadishu on Wednesday, police said.

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BUSINESS

Central bank to ease capital outflow rules further: governor

Bloomberg News, Published on 08/01/2020

» Thailand’s central bank will take further steps to ease restrictions on capital outflows in coming months as it tries to curb the currency’s gains, Governor Veerathai Santiprabhob said.

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THAILAND

Big Joke links gunshots to B2bn airport biometrics project

Wassayos Ngamkham, Published on 08/01/2020

» The former immigration police chief on Wednesday linked the gunshots fired into his car on Monday to his opposition to a 2 billion baht contract for biometrics equipment to screen passengers at major airports.

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BUSINESS

Thailand leads SE Asia stocks lower as Iran tensions rise

Published on 08/01/2020

» Southeast Asian equities slumped on Wednesday, with Thailand taking the biggest hit, as investors scurried from riskier assets due to rising tensions in the Middle East after Iran fired rockets at US-led forces in Iraq.

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BUSINESS

Thailand moves closer to US currency watchlist

Bloomberg News, Published on 08/01/2020

» NEW YORK: Thailand’s 12-month trade surplus with the US has exceeded US$20 billion, increasing its chance of being included on the US Treasury’s watchlist of currency manipulators, although the central bank governor said dialogue is ongoing.

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BUSINESS

PTT to vie with Central, CP for Tesco's Asia business: sources

Published on 08/01/2020

» HONG KONG/SINGAPORE: The retail unit of Thailand's biggest energy company PTT plans to bid for Tesco Plc's Asia businesses, competing with other corporate heavyweights for the operations worth up to 273 billion baht, people familiar with the situation said.

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WORLD

Indonesia's president visits island in waters disputed by China

Reuters, Published on 08/01/2020

» JAKARTA: President Joko Widodo visited an island in waters disputed by China on Wednesday to assert Indonesia's sovereignty amid a standoff between Indonesian and Chinese vessels.