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SE Asia stock markets rise on plans for US-China trade talk

Most Southeast Asian stock markets, including Thai shares, ended higher on Friday after China and the United States agreed to hold their first trade talks since June later this month and the Turkish lira extended its recovery from a record…

On Phuket, hotel guests check out of plastic waste

KUALA LUMPUR: For the millions of sun seekers who head to Phuket each year in search of stunning beaches and clear waters, cutting down on waste may not be a top priority.

Tourism boom spurs US hotel firm to export New York cool

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The prospect of 40 million foreign tourists coming to Thailand next year is too big a draw to ignore for boutique US hotel company Standard International.

UTCC survey finds corruption ebbing

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Thailand's corruption situation improved in the first half of the year, thanks in part to the government taking serious action with respect to the temple funds embezzlement scandal and irregularities in an embezzlement-hit welfare fund…

Top Stories in last day

16

Trump's latest target: quarterly reports

WASHINGTON: US President Donald Trump has asked stock market regulators to look into ending the requirement for businesses to issue quarterly earnings reports.

08

Google employees protest against China search engine

WASHINGTON: Hundreds of Google employees have signed a protest letter over the company's reported work on a censor-friendly search engine to get back into China.

Malaysia growth slows to 4.5% in second quarter

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KUALA LUMPUR: Malaysia's economy expanded at a much slower pace of 4.5% in the second quarter, hit by commodity production "shocks", leading the central bank to cut its full-year growth forecast for Southeast Asia's third-largest economy.

05

Gold prices down 50 baht to B18,600

The Gold Traders Association on Friday morning announced buying prices at 18,161.68 baht per baht-weight for gold ornaments and 18,500.00 baht per baht-weight for gold bars.

02

Subpar tech for sale at Banana Mega Store

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SET-listed Com7 Plc, an operator of IT retail stores, is spending 20 million baht to open Banana Mega Store, an outlet for obsolete, demonstration and clearance IT items.

Carabao aims to become top drink in Thailand

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Carabao Group, the maker of energy drinks under the Carabao Dang and Carabao trademarks, has completed its new 8.7-billion-baht production centre as it looks to tap into the growing energy drinks market at home and abroad.

Land tax law's date uncertain

The Finance Ministry says it will push the draft bill on the land and buildings tax for lawmaker approval during the Prayut Chan-o-cha government, but the law's enforcement may be delayed from the scheduled start at the beginning of 2019.

KCC targets Gen Y for credit cards

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Krungsri Credit Card (KCC) plans to expand new credit cards by 300,000 to reach 2.2 million cards this year through product rebranding and promotions targeting Generation Y.

JWD plots EEC access via port

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SET-listed JWD InfoLogistics Plc, an integrated inland logistics service provider, is interested in bidding for management of Laem Chabang seaport's Phase 3 as it seeks opportunities from the government's Eastern Economic Corridor (EEC)…

Thursday, Aug 16

Higher incomes prompting more Cambodians to travel

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The number of outbound Cambodian travellers has increased during the first half of the year due to higher incomes in the country and a more crowded aviation market, according to the latest report from the Cambodian Ministry of Tourism.

Central bank plays it cool amid Turkey worries

While Turkey is stoking the heat at emerging-market central banks already pressured by global monetary-policy tightening, Thailand is playing it cool.

KBank: Turkish crisis good for Thai bonds

Turkey's currency crisis may create an opportunity for foreign investors to snap up Thai bonds because Thailand's low inflation supports bond investment returns, says Kasikornbank (KBank).

BoT: Labour to curb GDP

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The Bank of Thailand forecasts that Thailand's ageing demography will dampen the country's annual GDP growth by 1.5 percentage points over the next 10 years. Thailand's labour growth rate averaged 5% over the past 10 years, but such growth…

Wednesday, Aug 15

Asian Games expected to bring in 25% less

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Media spending on TV during the upcoming Asian Games 2018 broadcast is expected at 80-90 million baht, a 25% decrease from the last games in 2014.

SET slips on Turkish crisis as regional currencies depreciate

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The Stock Exchange of Thailand (SET) suffered some losses on Tuesday as panic selling over Turkey's currency crisis drove the bourse lower.

Banks' fee income shrinks

Thai commercial banks witnessed a first-time contraction of 11.2% in fee-based income from fund transfers in the second quarter of the year, due to waived fees on digital banking transactions.

Tuesday, Aug 14

Chinese Mice travellers surging

The Thailand Convention and Exhibition Bureau (TCEB) is strengthening the China market with an aim to draw more than 160,000 Chinese business people to Thailand this fiscal year, which runs through September.

MVNOs ask NBTC for laxer regulations

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Mobile virtual network operators (MVNOs) have urged the telecom regulator to ease their fixed operating costs, amend burdensome regulations and promote the model as an alternative in the mobile market to foster healthy competition.

Casting a wider seafood net

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After establishing a strong foothold at home, Laem Charoen Seafood, a 39-year-old Thai-style seafood restaurant chain, is branching out into foreign markets this year.

Steering the NESDB through transition

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Thosaporn Sirisamphand was officially appointed on July 4 as the new secretary-general of the prestigious National Economic and Social Development Board (NESDB) after the position was left vacant for more than two months.

Monday, Aug 13

Gold prices steady at B19,150

Gold prices were unchanged at 19,150.00 baht per baht-weight in Bangkok on Monday.

Reordering the landscape

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The year 2020 will see a confluence of transformations for Bangkok. From its roots as a small trading post to a modern capital full of business opportunities, culture and vices, the face of Bangkok will be altered again over the next two…

Sunday, Aug 12

True IDC joins Japan's BBIX in data venture

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True IDC, a local provider of data centre and cloud services, is forming a joint venture with Japan's biggest internet exchange service provider, BBIX Inc, to prepare for tremendous growth in artificial intelligence (AI), e-commerce and…

Minimal harm to GDP seen from trade tiff

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The tit-for-tat trade dispute between the US and China is forecast to have a net negative effect on Thai economic growth of a mere 0.03 percentage points, says a source at the Finance Ministry with knowledge of the Fiscal Policy Office's…