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BUSINESS

Leaked Oppo data found on dark web

Post Reporters, Published on 24/01/2025

» The Chinese smartphone maker Oppo is at the centre of a new storm after a revelation that 165 gigabytes of data from Oppo Thailand, including customers’ personal data, was being offered for sale on a dark web site.

BUSINESS

London mansion seized from Saudi royals sells for £139 million

Bloomberg News, Published on 24/01/2025

» LONDON - A mansion in Regent’s Park that was seized by creditors to members of the Saudi Royal family has been sold at a 44% discount to the asking price almost two years after it was put up for sale. 

BUSINESS

Thailand to lose $29 million from China's syrup import ban

Reuters, Published on 24/01/2025

» Thai businesses are expected to incur up to 1 billion baht (US$29.5 million) in losses from China's ban on sugar syrup and premixed powder exports from the Southeast Asian nation, with shipments left stranded in Chinese ports, industry group said.

BUSINESS

Chinese tourists avoid far-flung trips over Lunar holiday

Bloomberg News, Published on 24/01/2025

» China's straitened economic circumstances are being reflected in Lunar New Year travel plans, with many choosing cheaper domestic trips or nearby destinations in Asia.

BUSINESS

Double-digit growth in Amex card spending set to persist

Business, Somruedi Banchongduang, Published on 24/01/2025

» American Express (Thai) Co projects continued double-digit growth in card spending in the Thai market, driven by the robust purchasing power of the country's high-income segment.

BUSINESS

Singapore pivots to monetary easing as it flags growth risks

Bloomberg News, Published on 24/01/2025

» SINGAPORE — Singapore's central bank loosened its monetary policy settings for the first time in nearly five years on expectations price pressures will keep abating and growth momentum will slow.

BUSINESS

CPN preps lavish Lunar New Year events

Business, Published on 24/01/2025

» Central Pattana Plc (CPN) is holding grand celebrations for Chinese New Year at CentralWorld.

BUSINESS

New marriage law boosts wedding sector

Business, Kuakul Mornkum, Published on 24/01/2025

» Legalised same-sex marriage in Thailand combined with a booming tourism sector could increase demand in the Thai wedding segment.

BUSINESS

Pundits trumpet imminent insurance co-pay scheme

Business, Nareerat Wiriyapong, Published on 24/01/2025

» The co-payment scheme, which takes effect on March 1, is critical to reducing overconsumption of medical services and will keep healthcare costs and insurance premiums affordable in the long term, say analysts.

BUSINESS

Asset World Corp unveils Yaowarat project

Business, Kanana Katharangsiporn, Published on 24/01/2025

» SET-listed Asset World Corp (AWC) has unveiled its new Woeng Nakornkasem Yaowarat project, valued at 16.5 billion baht, which took four years to plan, with construction projected to take five years.