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B20bn slated for digital plan

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The government is set to invest 20 billion baht in infrastructure projects in fiscal 2018 as part of its ambitious digital development plan.

All aboard to establish superyacht hub

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Yacht companies say that relaxing charter, tax and immigration regulations could bring millions into the government's coffers through promotion of superyacht tourism.

Gold prices steady at B20,000

The Gold Traders Association on Friday morning announced buying prices at 19,647.36 baht per baht-weight for gold ornaments and 20,000.00 baht per baht-weight for gold bar.

Ministry to forward plans for 2 Red Line extensions

The Transport Ministry will propose two Red Line electric railway extensions worth around 26.5 billion baht to the cabinet to stage bidding by this September.

Top Stories in last day

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State allots B136bn to East

The government expects to invest a combined 136 billion baht in developing the eastern region between 2017-2021, with a major portion projected to be splurged on the much-touted Eastern Economic Corridor (EEC).

Fetco: Bull run's fate tied to political news

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The stock market's bull run could be fleeting, with a sharp correction possible if there is no clarity on the general election timeline in the third quarter, says the Federation of Thai Capital Market Organizations (Fetco).

SET seeks clarity on ICOs

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The Stock Exchange of Thailand is waiting for greater clarity on initial coin offering (ICO) regulations, but the SET admits that such digital crowdfunding could be considered as a security if it falls into an exchangeable criteria.

TLAA upbeat on agent application outlook

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The Thai Life Assurance Association (TLAA) is optimistic that the economic recovery will boost the number of applicants for life insurance agent licences this year after a 10.4% decline in 2017.

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NBTC expands auction to nine blocks

The telecom regulator says it will triple the number of bandwidth slots for the planned auction of the 1800-megahertz spectrum to nine blocks to attract bids from more companies.

Workers, bosses joust over minimum wage increases

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Workers and employers are still not satisfied with increases in the minimum daily wage following seven hours of talks involving a tripartite wage committee.

15

Indonesia uses Chiang Mai umbrella festival to lure Thai tourists

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Indonesia is to erect its own pavilion at the famous Umbrella Festival in Chiang Mai in hopes of increasing the volume of Thai tourists heading south.

13

Indonesia central bank holds key rates

JAKARTA: Indonesia's central bank held its key interest rates unchanged for the fourth straight month on Thursday, as widely expected, but said would it accelerate the relaxation of its reserve requirement rules.

Indonesia, Malaysia condemn EU move to limit palm oil use

KUALA LUMPUR: Top palm oil producers Indonesia and Malaysia on Thursday criticised the European Union for backing a ban on the use of palm oil in biofuels, with a Malaysian minister calling the move a protectionist trade barrier and a form…

12

SET, Singapore shares retreat from multi-year peaks

Most Southeast Asian stock markets closed lower on Thursday, with Thailand and Singapore retreating from multi-year highs, while Indonesia extended gains to post its

11

Monetary policy should remain accommodative: BoT

The Bank of Thailand said on Thursday its Monetary Policy Committee (MPC) thought monetary policy should remain accommodative to support economic growth and help inflation get back to the target range.

09

China's economy accelerates for 1st time in 7 years, up 6.9% in 2017

China's economy accelerated for the first time in seven years in 2017, growing 6.9% from a year earlier, on the back of robust exports and household spending, official data showed Thursday.

Thursday, Jan 18

Gold prices down B150 to B20,000

The Gold Traders Association on Thursday morning announced buying prices at 19,647.36 baht per baht-weight for gold ornaments and 20,000.00 baht per baht-weight for gold bar.

Mobius still bullish on Thai equities market

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Thailand remains a stellar investment destination among emerging markets, with its bull run expected to continue because of the country's sound economic fundamentals, says veteran investor Mark Mobius.

Wednesday, Jan 17

BoT sounds alarm on baht speculation

In a rare move, the Bank of Thailand has threatened to investigate some financial institutions with operations in Thailand for possible involvement in baht speculation.

B30bn budget targeted for large-scale farm reforms

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Finance Minister Apisak Tantivorawong aims to take out a 30-billion-baht budget for farm sector reform, part of the 150-billion-baht supplementary budget for fiscal 2018, within the next six months.

Inthanin Coffee to open doors in Siem Reap, Phnom Penh

Inthanin, a Thai chain of cafes, is preparing its entrance into the booming local market, planning to open its first outlet in the kingdom this year.

Thai stocks end higher, lead Southeast Asian peers

The Stock Exchange of Thailand index ended higher and outperformed other stocks in Southeast Asia on Wednesday.

Tuesday, Jan 16

First Thai ICO en route

Jaymart subsidiary J Ventures will become the country's first SET-listed company to sell its own digital currency once it releases "JFin" through an initial coin offering (ICO) in March.

Baby-making tax breaks aim to slow population ageing

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The government has given reluctant parents a big push in the form of generous tax breaks aimed at encouraging them to have more than one child.

BoT raises foreign transfers ceiling, fights strong baht

The Bank of Thailand (BoT) has increased the size of the maximum international money transfer allowed each customer for non-commercial bank business from 200,000 baht per day to 800,000 baht per day in a move to curb the strong baht.

EEC spending forecast to reach B600bn

The government expects investment in the Eastern Economic Corridor (EEC) to increase from 500 to 600 billion baht over the next five years, fuelled by stimulus measures and infrastructure projects, says Industry Minister Uttama Savanayana.

Monday, Jan 15

Mercedes-Benz makes late EV entry

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German luxury carmaker Mercedes-Benz Thailand has finally decided to join the government's electric vehicle (EV) scheme after staying on the sidelines for five years.

SET closes at record high, outperforms SE Asian peers

Southeast Asian stock markets rose on Monday with Thailand closing at a record high, tracking gains in broader Asia after Wall Street extended its record-setting run.

Large banks embrace debt fund-raising

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Large banks have raised local and foreign currency debentures to lock in cheap costs and increase liquidity in anticipation of higher loan demand, which they expect to be driven by Thailand's positive economic momentum.

The blessing of black

Many people believe black brings bad luck, refusing to buy expensive clothes in the colour or dress in it for weddings or auspicious events.

Sunday, Jan 14

Speedboat carrying Chinese tourists explodes; 16 injured

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KRABI: Sixteen people were injured when a speedboat carrying 26 Chinese tourists exploded off Phi Phi island on Sunday.