Business

The final report on the 490-billion-baht development of the Klong Toey port area is expected to wrap up before the end of this month before it is tabled for consideration, said the Port Authority of Thailand (PAT). Source: Business

The government needs to pump more money into circulation — a range of 30-50 billion baht — to reach the target of 3% economic growth this year, says the University of the Thai Chamber of Commerce (UTCC). Source: Business

Transport Minister Saksayam Chidchob has plans to spend about 8 billion baht building two new airports in the South, in Phatthalung and Satun, as public-private investment ventures. Source: Business

LOS ANGELES: MGM Resorts International, pressured by investors to unload its remaining company-owned casinos, agreed on Tuesday to sell the Bellagio resort in Las Vegas to Blackstone Group for $4.25 billion and will continue to operate the property under a lease arrangement. Source: Business

Singapore said it wants all four of its carriers to introduce 5G services, with half the city-state covered by a standalone network by 2022 to maintain competitiveness in developing technology. Source: Business

SINGAPORE: The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner would depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways to supply the plane for Sydney-London flights. Source: Business

Fitch Ratings has revised its outlook for Total Access Communication Plc (DTAC) to negative from stable to reflect expectations that the mobile phone service provider’s financial leverage by the year-end will increase to a level that is not commensurate with current ratings. Source: Business

True Corporation plans a soft launch of 5G wireless broadband within 2-3 months via True Move H Universal Communication (TUC) following the auction of 2600-megahertz spectrum, which is expected in the first quarter of next year. Source: Business

The Commerce Ministry’s priority plans for export stimulus, an income guarantee for farmers, cost-of-living supervision and trade talks will remain intact despite the ministry’s allocated budget for fiscal 2020 being cut by 7.7% or 599 million baht to 9.812 billion baht. Source: Business

SET-listed Central Pattana Plc (CPN), the property and retail developer under Central Group, plans to open three new mixed-use projects over the next three years at a cost of 13.9 billion baht. Source: Business