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WORLD

Brexit ‘erased £140bn from UK economy’

Published on 11/01/2024

» LONDON - London Mayor Sadiq Khan blames Brexit for costing the UK economy £140 billion ($178 billion), and is calling on the government to “urgently” rebuild relations with the European Union to stem the decline.

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WORLD

Asean envoy meets Myanmar junta chief

Published on 11/01/2024

» Myanmar junta chief Min Aung Hlaing has met with a new Asean special envoy as Laos takes over chairing the bloc, which has struggled to promote peace efforts in the country.

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WORLD

Disputed Ukraine mobilisation bill withdrawn

Published on 11/01/2024

» KYIV - A hotly debated draft law on tightening army mobilisation rules in Ukraine was returned to the government for further work, the parliamentary speaker said on Thursday.

THAILAND

NSC set to extend emergency decree again

News, Wassana Nanuam, Published on 11/01/2024

» One district in the South was removed from the severe emergency area list, while the emergency decree will likely be imposed for another three months, according to the Emergency Situation Management Committee's recent meeting at the National Security Council.

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GENERAL

Bonds worth B890bn due for redemption in 2024

Business, Nuntawun Polkuamdee, Published on 11/01/2024

» Some 890 billion baht worth of long-term corporate bonds are due for redemption this year, nearly all investment-grade bonds, with 73 billion baht holding maturity dates this month, says the Thai Bond Market Association (ThaiBMA).

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THAILAND

Navy 'needs cabinet nod for sub' deal, according to OAG

News, Wassana Nanuam, Published on 11/01/2024

» The Office of the Attorney General (OAG) has told the navy that it must seek the cabinet's approval if it wants to extend a submarine procurement contract and assess the technical aspect of any changes to a submarine engine it has ordered before deciding whether there is a critical need for it, according to a source.

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GENERAL

BoT urged to slash rates as risks mount

Business, Lamonphet Apisitniran, Published on 11/01/2024

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the Bank of Thailand to cut interest rates to better match the country's economy, which faces both internal and external risks.

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GENERAL

CPN anticipates 20% sales growth in first quarter

Business, Kanana Katharangsiporn, Published on 11/01/2024

» Driven by the Chinese New Year festival and the government's Easy E-Receipt scheme, SET-listed Central Pattana (CPN) expects retail sales growth of 20% in the first quarter, projecting a combined cash flow of 15 billion baht across all Central shopping mall branches.

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OPINION

Live and let live

News, Editorial, Published on 11/01/2024

» By throwing cold water on the Move Forward Party's (MFP) call for a live broadcast of the second reading of the 3.48-trillion-baht budget bill, the Srettha Thavisin government shows it has scant regard for transparency regarding such crucial matters.

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GENERAL

Em District posts growth at three malls

Business, Molpasorn Shoowong, Published on 11/01/2024

» Retail operator Em District is unfazed by the uncertain economy, posting growth from high-spending customers at its three malls during the final quarter of 2023.