The Bangkok Metropolitan Administration (BMA) is negotiating with the Bangkok Mass Transit System Plc (BTSC), which operates the skytrain network, to cap train fares at 65 baht as a condition of being granted a 30-year contract to operate the entire system after its concession for the original route ends in …
Read More »Monthly Archives: October 2018
New iPads, Macs: More features at higher price
NEW YORK: Apple Inc’s new iPads will more closely resemble its latest iPhones as they ditch a home button and fingerprint sensor to make more room for the screen. Source: Tech
Read More »Facebook to debut gaming creator revenue model
Facebook is drawing gaming creators in Thailand by launching a new revenue model to compete with YouTube for the younger demographic. Source: Tech
Read More »SEC tells buyers beware
The Securities and Exchange Commission (SEC) has warned investors to avoid investing in securities products via two websites and social media accounts as they are not authorised securities and futures dealers. Source: Tech
Read More »TOT and CAT spectrum rights unchanged by merger
The two state telecom firms — TOT Plc and CAT Telecom — would still have the right to use the existing spectrum ranges until the expiry of terms after they merge, according to a resolution by the board of the National Broadcasting and Telecommunications Commission (NBTC). Source: Business
Read More »BoT pours cold water on export view
The Bank of Thailand has grown more pessimistic about the prospects of achieving its export growth forecast of 9% this year as the intensifying trade dispute between the world’s top economies dampens global demand. Source: Business
Read More »MQDC requesting higher down payment for condos
Magnolia Quality Development Corporation Ltd (MQDC), a property arm of the Chearavanont family, will collect a down payment of 25% of the unit price at a new luxury condo project it will launch this weekend to prepare customers for lower loan-to-value (LTV) ratios on mortgage lending. Source: Business
Read More »TFFIF rises 3% on debut, TOT and CAT mulled for ride
Thailand Future Fund (TFFIF) saw its share price rise 3% on its first trading day yesterday, while officials are mulling including a merger between CAT Telecom Plc and TOT Plc as an underlying asset for the fund’s third batch. Source: Business
Read More »Public investment to drive 2019 growth
Thailand’s economic growth is anticipated to expand by 4.2% next year, driven by domestic economic engines such as public investment and consumer spending, says Bank of Ayudhya (BAY). Source: Business
Read More »Video game addiction up by 400%
The number of children suffering from video-game addiction surged by 400% last year, according to the Department of Mental Health, which is calling for stricter controls on playing video games, or so-called e-sports. Source: Tech
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