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Update: Mon, Nov 19 2018    

FETCO floats New funds 

FETCO has proposed to set up replacement funds for LTFs whose tax privileges will end next year. Based on its proposal, personal income tax deduction will be set at a maximum of 20 per cent of investment, but not exceeding Bt100,000 and not more than the tax amount to be paid. Fund holders must hold on to the units for a minimum of 10 years.

Pressure on SET index may ease this week 

The SET Index plummeted last week, due mainly to declines in the Dow Jones Industrial Average, drop in crude prices, global uncertainties over the trade war and panic selling in Thai property stocks.

Uptrend seen for Thai-US farm ties

Senior official says resumption of free-trade talks depends on USTR

Ambitious AIS aims to be the leading data-driven organisation

Advanced Info Service (AIS) has succeeded in spreading the use of data analytics among its staff, creating a data-savvy culture in the group with the ultimate goal of transforming the telecom operator to a “best-in-class data-driven organisation”.

New space industry emerges: on-orbit servicing

Imagine an airport where thousands of planes, empty of fuel, are left abandoned on the tarmac. That is what has been happening for decades with satellites that circle the Earth.

Sumatran elephant found dead with missing tusks in Indonesia

A Sumatran elephant has been found dead with its tusks removed in an apparent poaching case targeting the critically endangered animal, an Indonesian conservation official said Friday.

Protectionism 'doomed to failure': China's Xi

Protectionist actions are short-sighted and doomed to fail, Chinese President Xi Jinping said Saturday ahead of an APEC summit at which US-China trade tensions are likely to take centre stage.

Pharma giant Pfizer to raise some drug prices

Pfizer said Friday it would raise US prices on 41 drugs in January, reversing a price freeze implemented over the summer in the face of criticism by President Donald Trump.

Trump opens door to trade deal with China soon

President Donald Trump said Friday that China was ready to make a deal to defuse trade tensions, so he might not have to punish the country with more import tariffs.

The race for the river

Iconsiam is the newest pinnacle of progress on the Chao Phraya, but more is on the way, and some observers are nervous

Tencent expands PAYMENT horizons

WITH APP’S SUCCESS, CHINESE GIANT LOOKS INTO TAKING WECHAT PAT TO THAILAND

How data, machine learning can power energy sector

Data collection and machine learning (ML) are playing a major role in the digital transformation of the energy sector as the advanced technologies can help to maintain operational excellence, says an executive at AspenTech, a supplier of leading software for optimising asset performance.

APEC summit host urges respect for trade rules

The leader of Papua New Guinea, host of this year's APEC summit, Friday urged respect for international trade rules by "countries large and small" as spats between the US and China threatened to overshadow the gathering.

Wall Street rallies but Brexit roils pound, European markets

Wall Street stanched the bleeding on Thursday, surging out of the red as oil prices stabilized and Apple recovered some losses.

Thailand offers its support to free trade

China's efforts to deepen reform, promote cooperation among free trade zones and open up to foreign investment will make a major contribution to global cooperation, Thailand's Deputy Prime Minister Somkid Jatusripitak said.

Fed's Powell says must balance raising rates too much vs not enough

The US central bank is aiming to prolong the economic expansion but must balance the risk of raising interest rates too much or not enough, Federal Reserve Chairman Jerome Powell said Wednesday.

Victoria's Secret CEO resigns amid flagging sales and model controversy

The CEO of American clothing and lingerie brand Victoria's Secret has resigned amid flagging sales and controversy around a lack of diversity at the line's iconic annual fashion show, a source said Wednesday.

Global stocks battered as markets face more uncertainty

Another day of bad news buffeted global equities on Wednesday, sending major indices lower in Asia, Europe and New York.

Uber loss tops $1 bn as it seeks to diversify

Ride-share company Uber on Wednesday said that its net loss topped a billion dollars in the recently ended quarter as it pumped money into bikes, scooters, freight and food delivery.

60,000 foreigners eyed for nursing care in Japan

The Japanese government presented on Wednesday the estimated maximum number of foreign workers to be accepted in 14 envisaged business fields over the five years from fiscal 2019, releasing such figures as 60,000 people in nursing care, 53,000 in eating out, 40,000 in construction and 36,500 in agriculture.