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LIFE

AWS to debut Asia-Pacific infrastructure in Bangkok

Business, Published on 19/10/2022

» Amazon Web Services (AWS), the cloud service arm under tech giant Amazon, has announced plans to roll out its Asia-Pacific infrastructure in Bangkok while vowing to invest more than US$5 billion (190 billion baht) in Thailand over the next 15 years.

BUSINESS

Nakagawa bags top job at CHR's new Osaka hotel

Business, Published on 19/10/2022

» Centara Hotels & Resorts (CHR) has appointed Shigeki Nakagawa as general manager of the Centara Grand Hotel Osaka, which is scheduled to open in July 2023.

BUSINESS

Tisco introduces fund to tap Nasdaq

Business, Nuntawun Polkuamdee, Published on 19/10/2022

» Tisco Asset Management (TISCOAM) is launching a trigger fund for investors to capture growth opportunities in the US's Nasdaq stock exchange, saying a rising interest rate cycle is approaching its end as economic conditions improve.

BUSINESS

Restoration of events sector seen next year

Business, Pitsinee Jitpleecheep, Published on 19/10/2022

» The Event Management Association expects its industry to fully recover in 2023 and generate revenue of 14 billion baht, after two years of decline during the pandemic.

BUSINESS

Ministry eyes steps to spur spending

Business, Wichit Chantanusornsiri, Published on 18/10/2022

» The Finance Ministry is considering new measures to encourage spending in a bid to maintain the Thai economic recovery, according to Pornchai Thiraveja, director-general of the Fiscal Policy Office (FPO).

BUSINESS

NBTC seeks tough measures for merger

Business, Komsan Tortermvasana, Published on 18/10/2022

» Three of the five board members of the National Broadcasting and Telecommunications Commission (NBTC) are looking into tough remedy measures to govern the amalgamation deal of True Corporation and Total Access Communication (DTAC) in what appears to be a discouragement for the merger, an industry source said.

BUSINESS

Weak pound lures Thais to buy properties in London

Business, Kanana Katharangsiporn, Published on 18/10/2022

» The British pound, which was the lowest in 20 months against the baht, might draw more wealthy Thais to purchase London properties, according to property consultant Knight Frank Thailand.

BUSINESS

Demand for cheaper Phuket travel

Business, Narumon Kasemsuk, Published on 18/10/2022

» Tourism operators in Phuket are urging airlines to slash their prices as the island's image as an expensive destination is seen as harming travel opportunities, especially without the huge Chinese market, which accounted for 40% of business before the pandemic.

BUSINESS

Floods likely to set back main rice harvest

Business, Phusadee Arunmas, Published on 18/10/2022

» Floods ravaging vast plots of farmland in many areas nationwide are likely to delay by two weeks harvesting of the main crop of the country's 2022-23 season, limiting output for the season which usually gets underway in early November.

BUSINESS

Asian stocks fall as fears of global recession keep rising

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 18/10/2022

» Asian stock markets slipped yesterday as recession fears mounted over expectations of a further tightening in global monetary policies, days after China's Communist Party sent the world a defiant message.