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BUSINESS

Vietnam to suspend live pig imports from Thailand over African swine fever

Reuters, Published on 28/05/2021

» HANOI: Vietnam will suspend the import of live pigs from Thailand following the discovery of African swine fever in a batch of imported hogs this month, the government said in a statement on Friday.

BUSINESS

Thai Airways says court hearing on business restructuring moved to mid-June

Reuters, Published on 28/05/2021

» Thai Airways International Plc said that the Central Bankruptcy Court will decide on its restructuring proposal on June 15, after Friday's hearing was postponed to allow for the assessment of complaints filed by creditors against the plan.

BUSINESS

Nike says split with Neymar over refusal to cooperate with sex assault probe

AFP, Published on 28/05/2021

» LOS ANGELES: Nike said Thursday it parted ways with Neymar last year after the superstar Brazil attacker "refused to cooperate in a good faith investigation" as the company probed an employee's claim that he sexually assaulted her.

BUSINESS

Tencent Cloud’s Technologies & AI lead financial institutions forward to Smart BFSI

Published on 28/05/2021

» The big shift in consumers’ digital financial behaviours around the globe due to Covid-19 impacts is anticipated to remain post-pandemic. Financial institutions are more than ever expected to enable convenient transactions and access to financial products online.

BUSINESS

US hands Swiss bank red card in FIFA bribe scandal

AFP, Published on 28/05/2021

» NEW YORK: Swiss Bank Julius Baer admitted it participated in money laundering of $36 million in bribes in the "FIFAgate" scandal over television broadcast rights, US officials announced on Thursday.

BUSINESS

Concern mounts over gap in GDP inputs

Business, Wichit Chantanusornsiri, Published on 28/05/2021

» An economist is concerned that a gap in terms of contributions to the country's gross domestic product (GDP) between tourism-dependent provinces and agriculture-reliant provinces will become wider in the post-pandemic era.

BUSINESS

Nation requires a 'great overhaul'

Business, Chatrudee Theparat, Published on 28/05/2021

» Thailand is in dire need of a great overhaul in the post-Covid-19 period with a focus on narrowing economic disparity and investing in advanced technology and environmental conservation, says the state planning unit's chief.

BUSINESS

Exports to Myanmar expected to drop by up to B96.5bn

Business, Phusadee Arunmas, Published on 28/05/2021

» Exports to Myanmar are forecast to fall by 60-96.5 billion baht this year because of Myanmar's political chaos, according to the latest study by the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Interest rate cut for loan defaulters

News, Post Reporters, Published on 28/05/2021

» Parliament has approved an emergency decree to amend the Civil and Commercial Code to reduce the interest rate charged for loan defaults which has been used for almost a century.