Business & Economy

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The largest infrastructure project in Laos, the Nam Theun 2 hydropower facility, has started commercial export of electricity to Thailand, the hydro project's operators said Wednesday.

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Thai Airways' board has approved the raising of one billion new shares in Thailand's national carrier in a public offering.


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An article in Global Post describes the difficulties of marketing condoms in Thailand and Indonesia due to the legal restrictions on promoting sex products. In order to boost sales in the Asian countries, condom makers target to market the fun asp...

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The British government announced on Thursday that it was planning to build a $45 billion high speed rail corridor between the cities of London and Birmingham, and eventually to link to the northern cities of Manchester and Leeds. The train's 250 m...


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A former IT employee has stolen information on 24,000 HSBC customers with Swiss bank accounts, the British bank said Thursday.

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Thanachart Bank will purchase a 47.58% stake in Siam City Bank PCL from the Bank of Thailand's rescue arm in a deal valued at 68 billion baht ($2.08 billion).


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Mexican telecom tycoon Carlos Slim Helu, named the world's richest man, according to a new ranking published by Forbes magazine on Wednesday.

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Thailand's central bank on Wednesday decided to maintain its policy interest rate and signaled it would consider adjusting it to normal levels during the next meeting on April 21, if no incident affects the economy.


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A senior Thai trade representative expressed the Thai government's willingness to cooperate with the World Trade Organization (WTO) in the production of low-cost generic drugs and urged US engagement in negotiations.

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In a national referendum on Saturday, Icelanders rejected a plan to repay the U.K. and the Netherlands €3.9 billion ($5.3 billion) lost in the collapse of Icesave bank in 2008.


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Kingsoft Corporation Limited, a leading developer, distributor and service provider of application and entertainment software in China, has signed a cooperation agreement with Asiasoft, the largest online game operator in Thailand, to launch the T...

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Foreign companies are less enthusiastic to invest in Thailand and look set to reduce investments from last year, suggesting the political crisis may be taking a toll.


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Around 850,000 migrant workers in Thailand have started their registration and nationality verification process, an official from the Ministry of Labour, Supat Gukun, said.

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Two German congressmen suggested on Thursday that Greece should raise money from selling some of its uninhabited islands in order to avoid bankruptcy.


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Opened on November 23, 2009, the One Start One Stop Investment Center, or OSOS, offers investors a wide range of investment-related services. The center is open to all businesses - Thai or foreign; big or small; BOI-promoted or not — interested in...

Gunning for club

Patsy Moy and Beatrice Siu The Standard 04.03.2010
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A century-old private recreation club originally set up for military personnel and occupying prime Kowloon land is taking flak from lawmakers.


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China opened its annual parliamentary season yesterday with a call from the Communist leadership to keep up economic growth, maintain social stability and tackle a yawning urban- rural income gap.

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Another financial crisis, even worse than the current one, is threatening the United States, according to a new report from a group of leading economists, financiers, and former federal regulators.


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Apple Inc. filed patent lawsuits against Taiwanese phone maker HTC Corp. on Tuesday, claiming violation 20 of its patents related the iPhone's touch screen technology and other features.

Photo: NNT

Thailand has proposed "Policy Five" to enhance bilateral cooperation and develop an economic corridor between the five northern Malaysian states of the Thai-Malay Peninsula and five southern provinces of Thailand.



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