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THAILAND

AIS names Singaporean Hui president

Business, Published on 05/10/2016

» Advanced Info Service (AIS) has announced the appointment of Hui Weng Cheong in the newly reinstated position of president, in a move viewed by telecom industry veterans as a bid by Singapore Telecommunication (SingTel) to take a greater role in the Thai company.

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BUSINESS

Bluport ups retail rivalry in Hua Hin

Business, Pitsinee Jitpleecheep, Published on 05/10/2016

» The opening of Bluport Resort Mall has intensified competition in Hua Hin's retail market.

BUSINESS

Ticon freezes shares to finalise new deal

Business, Lamonphet Apisitniran, Published on 05/10/2016

» Ticon Industrial Connection Plc, a SET-listed developer of ready-made factories and warehouses, has requested that the Stock Exchange of Thailand (SET) suspend the trading of its shares during the period of Oct 4-7, in order to avoid speculation on share prices as it is in talks to seal a deal, according to the company's statement to the SET.

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BUSINESS

Makkasan: SRT to go it alone

Business, Wichit Chantanusornsiri, Published on 05/10/2016

» The debt-ridden State Railway of Thailand (SRT) plans to develop the 497-rai Makkasan plot by itself after revoking the debt-for-land deal with the Finance Ministry's Treasury Department.

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WORLD

TrueMoney goes international, targeting Myanmar

Business, Suchit Leesa-nguansuk, Published on 05/10/2016

» Local mobile payment companies are gearing up to extend their payment services overseas after the Bank of Thailand eased foreign exchange rules.

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BUSINESS

Global art sales suffer sharp fall

Business, AFP, Published on 05/10/2016

» Paris: Global contemporary art sales slowed by a quarter in the year to July 2016 as demand in China dried up, according to online art price database Artprice.

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OPINION

Making the best of life in the flood lane

News, Sirinya Wattanasukchai, Published on 05/10/2016

» I am sure brake lights and wheels of cars -- be they Japanese, European or American -- are the latest hip art fad in Bangkok. In the past few weeks, my Facebook wall has been bombarded with photos of a flooded Bangkok with commuters stuck in paralysed traffic. (Actually, bad traffic is one of the rare occasions when rich and poor people share the same plight that may last for hours. The rich are far better off though, confined in an air-conditioned private space with some music and probably nice food.)

BUSINESS

Correction

Business, Published on 05/10/2016

» Yesterday's front-page article entitled "Risks keep shippers cautious" wrongly stated that the World Trade Organization cut its forecast for global economic growth to 1.7% this year from its earlier projection of 2.8% and next year's economic growth of 1.8-3.1% from 3.6%. In fact, all figures forecast by the WTO are for global trade. We regret the error.

BUSINESS

NBTC independence pledged in draft bill

Business, Komsan Tortermvasana, Published on 05/10/2016

» The government has insisted the National Broadcasting and Telecommunications Commission (NBTC) will remain an independent organisation to ensure transparency and accountability on the governing of national digital resources.

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BUSINESS

TPIPP nod on year-end listing

Business, Published on 05/10/2016

» TPI Polene Power Plc (TPIPP) is going ahead with its plan to list on the Stock Exchange of Thailand by the end of the year, says chief executive Prachai Leophairatana.