WASHINGTON: Electric carmaker Tesla has confirmed its “Autopilot” feature was engaged during a fatal crash last week, a development set to exacerbate concerns over the safety of futuristic vehicles. Source: Business

HANOI: Prime Minister Prayut Chan-o-cha highlighted transport connectivity as being part of the development plan for the Greater Mekong Subregion (GMS) at the bloc’s summit meeting in Vietnam on Saturday. Source: Business

The state-controlled Government Savings Bank (GSB) will follow in commercial banks’ footsteps by scrapping online banking transaction fees, a move that it estimates will cost 300-400 million baht in forgone fee income. Source: Business

The Thai Credit Guarantee Corporation (TCG) board has sacked Nitid Manoonporn from the post of president after he failed to pass a performance appraisal for the third time. Source: Business

China’s state-owned CRRC Corporation Ltd (CRRC Corp) will supply tracks, electronics, machinery and locomotives for the first phase of a Thai-Chinese rail project, according to a source at the Transport Ministry. Source: Business

Eleven people have been sentenced in the Appeal Court to between three years and 20 years in prison for violating laws on securities and the stock exchange, in connection with the Bangkok Bank of Commerce (BBC) embezzlement scandal. Source: Business

Soft purchasing power caused by lower household income in both the farm and non-farm sectors has hindered a broad-based economic recovery, says a senior official at the Bank of Thailand. Source: Business

The Office of Industrial Economics (OIE) has revised up its forecast of the country’s manufacturing production index (MPI) after witnessing increased production in the industrial sector. Source: Business

The Industry Ministry next week will propose to the cabinet the second phase of a biochemical development plan to increase prices of farm products in provincial locations. Source: Business

Source: Sports