The National Legislative Assembly (NLA) is likely to rework a draft bill on the land and building tax after it assigned the Finance Ministry to consider whether taxpayers can afford the new tax bills. Source: Business

11street, the South Korean online marketplace, aims to be No.1 in e-commerce in Thailand by 2022. Source: Business

The government will reconsider plans to spin off two new infrastructure companies from TOT and CAT Telecom. Source: Tech

The Commerce Ministry plans to set up a Thai silk centre in the northeastern city of Nakhon Ratchasima to serve as a magnet market to create added value to Thai silk products. Source: Business

Japan’s Suntory Group, one of the world’s leading makers of consumer products, will form a joint venture with Pepsi-Cola Thai Trading Co, the trademark owner of Pepsi, Mirinda and 7-Up, with the aim of cashing in on Thailand’s 50-billion-baht carbonated soft drink market, says an industry source. Source: Business

A new base factor and fuel tariff (Ft) rates used to calculate electricity bills for the next five years (2018-22) are due to be announced early next year, according to the Energy Regulatory Commission (ERC). Source: Business

The 12 remaining Thai-registered carriers that were unable to get their licences re-certified by yesterday’s deadline could face significant financial losses, analysts said. Source: Business

Nominal farm income registered the first contraction of the year in July, continuing to weigh down on private consumption throughout the third quarter, says a Bank of Thailand senior official. Source: Business

Fund flows are expected to continue into Thai-listed stocks for the rest of the year as investor confidence feeds off greater domestic political stability and the military-led government’s opposition weakens, says an asset management firm. Source: Business

Not content with making Neymar soccer’s most expensive player, French club Paris Saint-Germain has signed Kylian Mbappé — regarded as of one of the world’s most promising teenagers — from Monaco. Source: Sports