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Bangkok Post / Business

Today News

02

ECB keeps massive stimulus scheme in place

Bangkok Post / News

FRANKFURT: European Central Bank chief Mario Draghi warned Thursday of storm clouds on the horizon for the eurozone as fears mount of a global trade war, prompting the bank to keep its massive stimulus scheme in place.

Thursday, Apr 26

16

Juncker urges eurozone to honour Greek debt relief pledge

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ATHENS: European Commission President Jean-Claude Juncker on Thursday urged eurozone countries to honour their promises to provide debt relief to Greece, whose economy is still struggling.

14

Indonesia stocks still plummet, SET ends lower

Bangkok Post / News

Indonesian and Vietnam stock markets plunged, while the Stock Exchange of Thailand slid on Thursday, as rising US treasury yields and a stronger dollar prompted foreign investors to trim holdings in emerging market equities.

13

Poll: Debts among workers at 10-year high

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Household debts among workers have risen 4.9% year-on-year to 137,000 baht per household on average this year, the highest in a decade, according to a survey.

10

New passports to be valid for 10 years

Bangkok Post / News

The Foreign Ministry will double the current validity of new passports to 10 years, it was announced on Thursday.

05

Gold prices steady at B19,800

Bangkok Post / News

Gold prices were unchanged at 19,800.00 baht per baht-weight in Bangkok on Thursday.

04

Samsung Electronics Q1 net profits up by more than half

www.bangkokpost.com

SEOUL - South Korean telecoms giant Samsung Electronics saw net profits leap by more than half in the first quarter, it said Thursday, thanks to strong demand for memory chips and its latest high-end smartphone.

China's Huawei under US probe for Iran sanctions violations: report

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WASHINGTON - The US Justice Department has opened an investigation into suspected violations of Iran sanctions by China's Huawei Technologies, the Wall Street Journal reported Wednesday.

03

Training no-shows examined

Bangkok Post / News

The Finance Ministry will review a measure to take back the additional living allowance given to those who registered to take training programmes under the government's second phase of the welfare and subsidy scheme but failed to do so.

PTT eyes airport rail link

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PTT Plc, the national oil and gas conglomerate, is conducting a feasibility study for a high-speed railway linkage between three major airports in Bangkok and Chon Buri worth 200 billion baht.

New renewable plants to receive B2.4 feed-in tariff

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Energy policymakers announced new renewable power generators will have the same feed-in tariff as fossil-fuel power generators, 2.40 baht per kilowatt-hour, because their production cost is equal to or lower than their traditional peers.…

Onitsuka Tiger pounces on Siam Center

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Onitsuka Tiger, a popular Japanese brand of sports shoes, yesterday officially opened its biggest Southeast Asian store in Bangkok to cash in on Thailand's growing fashion market.

Insurtech hub in the works to help industry integrate

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The Office of Insurance Commission (OIC) will set up the Insurtech Centre of Thailand (ICT) over the next two months for data collection, technological exchange and insurance product development.

Quality essential to Thais piercing Chinese market

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Thai entrepreneurs should focus more on product quality than quantity and study insights into the Chinese market to pave the way for long-term market penetration, says AVG Thailand.

Mastercard eyes biometric poverty cards

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Mastercard, a leading global payments and technology company, has suggested the Thai government add biometric-based authentication when issuing welfare cards for the poor to reduce possible fraud.

02

Pre-auction for 1800MHz spectrum begins

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The acting board of the National Broadcasting and Telecommunications Commission (NBTC) will inaugurate the 1800-megahertz spectrum pre-auction process today after unanimously approving the draft of the three-licence auction Wednesday.

01

Officials reject KTB-TMB merger talk

After a week of mounting speculation over a potential consolidation between Krungthai Bank (KTB) and TMB Bank, KTB's president and TMB's chairman both dispelled the rumours Wednesday, saying there is no merger discussion plan.

Wednesday, Apr 25

00

Pruksa touts better Q1 results

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SET-listed property firm Pruksa Holding Plc (PSH) says its operating results improved in the first quarter, due to falling household debt.

SCG bearish based on baht projections

SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, is concerned its revenue is unlikely to hit its growth target of 5-6% to 472-477 billion baht because of the baht's strength.

CBD condos see improved take-up rate

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The residential condominium market in Bangkok's central business district (CBD) remains positive as the take-up rate rose significantly because of reduced supply in the first quarter this year.

Dermatologists keen on medical tourism

Thai dermatological centres are building up capacity to cope with rapidly increasing medical tourism demand, said Nantapat Supapannachart, chief executive of Apex Medical Center.

Workforce needs upgrade to suit Alibaba

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Thailand must narrow its education gap and digitise its workforce in order to take full advantage of Alibaba's planned investment, says Saovaraj Rattanakumfu, a senior researcher at the Thailand Development Research Institute (TDRI).

FTI bullish on automotive exports hitting 1 trillion baht

Bangkok Post / Auto

The Federation of Thai Industries (FTI) is confident that the export value for the automotive industry will hit 1 trillion baht in 2018 for the first time after healthy shipments in the first quarter.

WEH sees winds of change blowing yet again

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Wind Energy Holding (WEH) is preparing for a 2019 IPO, several years after the original public offering was derailed by one of the most publicised corruption scandals to hit Thailand.

16

Odds of Indonesia rate hike increase as currency tumbles

Bangkok Post / News

With Indonesia’s central bank failing to stem the slide in the currency to a two-year low, bets of a rate hike are increasing, triggering a selloff in the nation’s stocks and bonds.

15

Comcast formally takes on Murdoch with £22bn Sky bid

www.bangkokpost.com

LONDON - US cable giant Comcast formalised Wednesday its £22 billion takeover bid for pan-European satellite TV group Sky, outbidding Rupert Murdoch's 21st Century Fox, whose lower offer has hit UK antitrust hurdles.

Chinese firm eyes Cambodia market

Bangkok Post / News

Pagoda, a Chinese fruit retailer, is exploring business opportunities in Cambodia, hoping to invest in the local agriculture sector.

14

Nations need tech to sidestep US grip: Jack Ma

Bangkok Post / News

Alibaba co-founder Jack Ma argues that nations from Japan to China need to develop their own semiconductor technology to get around America’s grip on the global chip market.

13

Indonesia shares dive to over 4-month low, SET loses again

Bangkok Post / News

Indonesian shares plummeted to their lowest since mid-December on Wednesday, while the Stock Exchange of Thailand closed below 1,7800 points, as a rise in US bond

Last suspect in Magic Skin case surrenders

Bangkok Post

The final suspect in the Magic Skin cosmetics and weight loss products scandal surrendered to police on Wednesday, bringing the number of people acknowledging charges to eight.