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BUSINESS

Govt plans B50bn fund for small firms hit by pandemic

Reuters, Published on 29/06/2020

» The government will seek cabinet approval next week for a 50 billion baht fund to help small businesses affected by the coronavirus outbreak, Somkid Jatusripitak said on Monday.

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BUSINESS

Boeing 737 Max could take off Monday for commercial survival

AFP, Published on 29/06/2020

» NEW YORK: Boeing's 737 MAX plane could take its first test flight from Monday, a crucial step for the survival of the company's star model that has been grounded for 14 months.

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BUSINESS

Vietnam’s economy unexpectedly expands amid pandemic

Bloomberg News, Published on 29/06/2020

» Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic.

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BUSINESS

May factory output down 23%

Reuters, Published on 29/06/2020

» The manufacturing production index (MPI) for May dropped 23.19% from a year earlier, led by lower production of cars, petroleum and air conditioners due to the impact of the coronavirus outbreak, the industry ministry reported on Monday.

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BUSINESS

Starbucks pauses social media ads as it targets 'hate speech'

AFP, Published on 29/06/2020

» WASHINGTON: Starbucks said Sunday that it will pause its advertising on social media while it studies ways to "stop the spread of hate speech" as part of a growing corporate movement.

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BUSINESS

China's quantum progress

Asia focus, Suwatchai Songwanich, Published on 29/06/2020

» China has taken a step forward in the race to master the practical applications of quantum communications in space, using pairs of light particles called photons to send secure messages.

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BUSINESS

Accelerating cloud adoption in post-Covid-19 Asia

Asia focus, Published on 29/06/2020

» There is a cloud hovering over the Asia Pacific region. Spending on public cloud and related services is growing at a compounded annual rate of about 25% across the region, outpacing growth in the mature markets of Western Europe and the United States. Cloud computing budgets today account for approximately 5% of average IT budgets, a figure that is likely to double by 2023.

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BUSINESS

Wellness, the new luxury

Asia focus, Published on 29/06/2020

» The prolonged Covid-19 outbreak has been leaving its mark on nearly every decision we make every day, from how we work and study to what we put in our bodies.

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BUSINESS

Council raises issue of NPL surge at SFIs

Business, Wichit Chantanusornsiri, Published on 29/06/2020

» Chatchai Sirilai, chairman of the Government Financial Institutions Council, has flagged concerns about spikes in bad loans among specialised financial institutions (SFIs) after their debt relief measures expire, urging state lenders to start assessing their borrowers' repayment ability.

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BUSINESS

Rough sailing

Asia focus, Ismira Lutfia Tisnadibrata, Published on 29/06/2020

» Life aboard a Chinese fishing vessel was a nightmare of abuse for Mashuri, who says he's never going to sea again. The 22-year old Indonesian is now safely back on dry land, working as a technician at a motorcycle garage in Lumajang, East Java.