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BUSINESS

Tesla fights to save Musk’s mammoth pay package

Bloomberg News, Published on 12/03/2025

» Tesla Inc has urged the highest court in Delaware to salvage Elon Musk’s record-setting pay package after a lower-court judge rejected it twice, taking his epic legal battle over tens of billions of dollars in stock options to the next level.

BUSINESS

Regulator aims for collusion-free mobile spectrum auction

Komsan Tortermvasana, Published on 12/03/2025

» The National Broadcasting and Telecommunications Commission (NBTC) is working on a plan to ensure an upcoming auction of six mobile spectrum bands in May is free of collusion.

BUSINESS

Vietnam, Singapore agree to boost ties, cooperation on subsea cables

Reuters, Published on 12/03/2025

» HANOI — Singapore and Vietnam on Wednesday have agreed to enhance cooperation in subsea cables, finance and energy, marking an upgrade in their relations to Vietnam's highest level, during a visit by its Communist Party Chief To Lam to the city-state.

BUSINESS

Korean Air rebrands after completing merger

Reuters, Published on 12/03/2025

» SEOUL - Korean Air has launched new aircraft livery and corporate branding that will be introduced across the company as it combines with South Korean rival Asiana Airlines to become one of Asia’s biggest carriers.

BUSINESS

Stimulus lifts Thai industrial sentiment to 20-month high

Reuters, Published on 12/03/2025

» Thai industrial sentiment rose to its highest level in nearly two years in February due to lower interest rates, government stimulus measures and tourism, the Federation of Thai Industries (FTI) said on Wednesday.

BUSINESS

Thailand benefiting from trade war, finance minister says

Reuters, Published on 12/03/2025

» Thailand is benefiting from the global trade war as more foreign investments flow in, Finance Minister Pichai Chunhavajira said on Wednesday.

BUSINESS

Organiser expects 1.3m at book fair

Business, Kuakul Mornkum, Published on 12/03/2025

» The Publishers and Booksellers Association of Thailand (Pubat) has announced the upcoming 53rd National Book Fair and 23rd Bangkok International Book Fair 2025, aiming to draw more than 1.3 million visitors.

BUSINESS

Songkran music festival set to attract 100,000 Thais

Business, Published on 12/03/2025

» One Asia Ventures, a global leader in music festivals and live events, is investing 250 million baht to host the Siam Songkran Music Festival 2025 for the fourth consecutive year.

BUSINESS

Stock markets extend losses over US tariffs, recession fears

AFP, Published on 12/03/2025

» NEW YORK - Global stock markets extended losses on Tuesday as US President Donald Trump waffled on the size of tariffs he will levy on Canadian steel, aggravating concerns his trade policies could push the United States toward recession.

BUSINESS

Fruit exports produce $6.51bn

Business, Phusadee Arunmas, Published on 12/03/2025

» Fruit was the most valuable agricultural export last year, with the value of durian shipments surpassing 134 billion baht, according to the Trade Policy and Strategy Office (TPSO).