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BUSINESS

US hiring rises dramatically

The Associated Press, Published on 04/01/2019

» WASHINGTON: US employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government.

BUSINESS

China may put reforms on hold to boost economy - analysts

AFP, Published on 04/01/2019

» BEIJING: President Xi Jinping hailed China's "reconstructive reforms" in a New Year speech, but the sorely needed changes could be put on ice in favour of averting a potentially devastating economic downturn.

BUSINESS

5 fun cars for 2019

Richard Leu, Published on 04/01/2019

» While a driving icon is set to be reinvented this year, two sporty brands are charging ahead with all-electric power.

BUSINESS

Brown Line monorail gets nod under PPP framework

Business, Chatrudee Theparat, Published on 04/01/2019

» The 22-kilometre Brown Line monorail project linking Khae Rai in Nonthaburi and Lam Sali in Bangkok worth 48.38 billion baht will be developed under the public-private partnership (PPP) model.

BUSINESS

Channel for VAT refund added

Business, Wichit Chantanusornsiri, Published on 04/01/2019

» The Finance Ministry has extended a payment channel that is eligible for the government's value-added tax (VAT) refund scheme for shopping during Chinese New Year, adding QR code payment to debit cards as originally planned.

BUSINESS

BoT urges talks before passbook halt

Business, Somruedi Banchongduang, Published on 04/01/2019

» The Bank of Thailand is demanding commercial banks discuss whether they intend to cancel physical passbooks in the future because it wants to ensure banks will offer proper services to customers.

BUSINESS

Bangkok rates well as sustainable site

Business, Published on 04/01/2019

» The latest Global Destination Sustainability (GDS) Index puts Bangkok in second place among the Asian destinations ranked.

BUSINESS

Analysts: Election to sour sentiment

Business, Post Reporters, Published on 04/01/2019

» Investment sentiment in Thailand's capital market may turn negative if the general election is delayed until the end of the second quarter or the second half, says the Investment Analysts Association (IAA).

BUSINESS

SCB, KBank take cue from BoT, hike fixed-deposit rates

Business, Somruedi Banchongduang, Published on 04/01/2019

» Siam Commercial Bank (SCB) and Kasikornbank (KBank) have raised their fixed-deposit rates by 25 basis points, following in the footsteps of Government Savings Bank (GSB), which partly passed through the central bank's higher rate in December.

BUSINESS

SET could break record, hit 2,000 this year, SCBS says

Business, Darana Chudasri, Published on 04/01/2019

» The Stock Exchange of Thailand (SET) index in 2019 could surpass the all-time high reached last year, buoyed by lower external risks and slower interest-rate normalisation by the US Federal Reserve, says SCB Securities (SCBS).