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Monthly Archives: October 2018

BTSC advised to cap train fares at B65

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 …

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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

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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

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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

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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

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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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