NBTC hails telecoms salesBy The NationThe National Broadcasting and Telecommunications Commission (NBTC) will gain over Bt56.4 billion (including VAT) from selling three slots of the 700MHz spectrum to three telecoms operators on Wednesday, of which Bt36 billion will be used by the NBTC’s existing plan of easing the financial burden of the digital TV broadcasting licence holders. Subsidiaries of each of Advanced Info Service (AIS), Total Access Communication (Dtac) and True Corp all purchased each of the 700MHz slots on Wednesday when the watchdog put the slots on sale. The NBTC wants these operators to provide 5G services on the 700MHz. The 700MHz licences are valid from October 1 next year or otherwise rescheduled by the NBTC. The NBTC sold three slots at the 700MHz spectrum at a price of Bt17.6 billion each.
June 19, 2019 13:41 UTC
SET index rallies on trade row coolingThe SET index jumps 22.38 points or 1.33% on Wednesday. (Bangkok Post file photo)The Stock Exchange of Thailand (SET) index rallied on Wednesday to an eight-month high as investors priced in growing external optimism over lessened trade tensions and dovish monetary policies. “Market participants have priced in positive developments on the lower interest rate outlook and [bilateral] trade talks, but they have yet to price in results of the trade talks, which are still shrouded in uncertainty,” Mr Nuttachart said. Thailand’s benchmark index closed on Wednesday at 1,705.98 points, up 22.38 points or 1.3% from the previous day, in heavy turnover worth 107.6 billion baht. The SET index’s rally was in line with gains seen in other Asian indices, with Hong Kong’s Hang Seng up 2.6% and Japan’s Nikkei 225 up 1.7%.
June 19, 2019 13:07 UTC
After the unnamed boy heard news about the fatal assault of Tapakorn “Chaidaen” Sapsin, in which the attackers used baseball bats as weapons, he told his mother to call the police, the source said. The boy also showed police where he found the bats so divers could search for any remaining bats. Police have now arrested Nattapol, his wife and his mother-in-law. The school owner, however, maintains his innocence. The police said there had been an argument with the child and Nattapol's mother-in-law over phone use.
June 19, 2019 12:56 UTC
Economic Intelligence Centre (EIC) reported that the CLMV economy will maintain its high growth of around 6-7 per cent in 2019. Amid rising global uncertainties, especially trade war, international demand to CLMV still supports growth in exports, FDI and tourism. Rapid economic growth during the past years also leads to an expanding middle class which helps support domestic consumption going forward. FDI and exports are key growth drivers supported by EVFTA and manufacturing relocation from China to avoid the trade war. Major risks to Vietnam are slower-than-expected global growth, which may dampen exports and high credit expansion.
June 19, 2019 12:11 UTC
Yuthaporn Chittakasem, CEO, said LET has a registered capital of Bt50 million. The technology exhibition was organised under the theme of “Live Beyond” at Terminal 21 Shopping Centre to show leadership in providing centralised security technology on the aspects of the designing, System Integration Service, network system, applications, including security technology maintenance service and to gear up towards becoming the number one service provider bringing the Total Solutions, conforming to Thailand’s entering into the 4.0 era. “The significant outstanding point of LET is its own platform called Beyond Platform, collaborated with its technological expertise alliance, Brazen Company, Singapore. The development of intelligent security platform through big data, the use of rtificial intelligence for integration with drone closed circuit television, various sensor detection systems at the city, provincial and regional levels, and the centralised management through the Single Command Control Centre under the 3P concepts which are Predict, Prepare, Prevent, and 1M which is Manage to get the advanced cutting-edge solutions for helping the operators restrain threats and sustainably reduce crimes. It’s to build confidence in security for Thai people and foreign tourists, getting Thailand to become a truly safe city.” said Chittakasem.
June 19, 2019 12:00 UTC
Washington has blamed Iran for last week's attacks, releasing images and a grainy video it alleges shows Iranians on a patrol boat removing an unexploded limpet mine attached to one of the tankers. "The armed forces and the port organisation were among the first to approach the tankers after the incident for relief operations and they rescued 23 people in the first tanker," he added. Hatami added that the Iranian forces then headed to the second tanker, but the crew announced another vessel had already rescued them. Tensions between Tehran and Washington have grown since the US unilaterally quit the multilateral 2015 nuclear deal last year and reimposed sanctions on Iran. The US has bolstered its military presence in the Middle East and blacklisted Iran's Revolutionary Guards as a terrorist organisation.
June 19, 2019 11:46 UTC
Trade value also records high Bt107.56 billion, which is the second time in this year that trade value has been over Bt100 billion. Foreign, institutional and property investors recorded net profits of Bt1.80 billion, Bt9.34 billion and Bt2.37 billion respectively.
June 19, 2019 11:26 UTC
PARIS: The revolver with which Vincent van Gogh is believed to have shot himself goes under the hammer at a Paris auction house on Wednesday. Discovered by a farmer in 1965 in the same field, the gun has previously been exhibited at the Van Gogh Museum in Amsterdam. The bullet extracted from Van Gogh's chest was the same calibre as the one used by the Lefaucheux revolver. Auction Art said the farmer who found the gun in 1965 gave it to the owners of the inn at Auvers-sur-Oise, whose family are now selling it. "All these clues give credence to the theory that this is the weapon used in the suicide."
June 19, 2019 11:15 UTC
Probe into major drug networks extended after singer Pookie's arrestFormer pop singer Prissana “Pookie’’ Praisaeng is interrogated over her alleged involvement in the drug trade on Tuesday. The ONCB has closely investigated Taiwanese drug trafficking networks for almost a year and found drug traffickers have been entering Thailand under the guise of businessmen, Pol Maj Suriya said. Members of the Taiwanese drug trafficking networks then sought out smaller agents for crystal meth and other substances, leading to Pookie's arrest, said the ONCB deputy secretary-general. “Now the ONCB is conducting an in-depth investigation into the money trail (of major networks trafficking drugs to Taiwan). We have obtained clues that Taiwanese drug networks are using Laos, Myanmar and Vietnam as transit routes.
June 19, 2019 11:03 UTC
King Power promised to pay Airports of Thailand more than double the expected returns from duty-free shops and commercial zones. (Bangkok Post photo)King Power has surprised Airports of Thailand (AoT) with an offer to pay the agency a much higher return than expected for operating duty-free shops and managing commercial areas at airports. King Power swept aside competing bids for operating duty-free shops and commercial zones in airports for 10 years starting from Sept 28 next year. The victory came amid growing calls for AoT to end the monopoly of King Power at its airports. The offer of unexpectly high returns from King Power boosted AoT shares, making them the most actively traded on Wednesday.
June 19, 2019 10:41 UTC
LGBT rights campaigners and activists have petitioned a House committee to usher in a panel that monitors gender protections. The petition was submitted to Thanikan Ponpongsaroj, spokeswoman of a committee responsible for drafting the rules governing the meeting of the House of Representatives. It was jointly submitted by Kittinan Tharamathat, president of the Rainbow Sky Association of Thailand, an LGBT-rights group, and human rights activists Nada Chaijit and Sirisak Chaithet. Mr Kittinan said it is necessary to have a House committee in charge of rights protection for gender diversity so as to help create understanding and policies to promote equal. Ms Thanikan said the petition and the group's proposals would be raised for consideration at the committee meeting.
June 19, 2019 10:41 UTC
Transport Ministry eyes legalising ride-hailing servicesThe Department of Land Transport is looking at legalising Grab ride-hailing services involving private cars and motorcycles. (Photo from Grab)The Department of Land Transport (DLT) is looking at legalising Grab ride-hailing services involving private cars and motorcycles. “Right now, the DLT is in the process of preparing its legal team,” said Mr Kamol. The DLT may need to study ride-hailing services provided in the United States, United Kingdom and Australia and how they are organised through mobile applications. The DLT will also have to consider whether those who provide ride-hailing services also need public driving licences and how far the agency can regulate them, Mr Kamol said.
June 19, 2019 10:36 UTC
Now AGC wants to reinforce its position in Thailand with more outstanding innovations in manufacturing sectors that enhance the lives of general consumers. Composite made with bio-based epichlorohydrinTo get the development underway, AGC is rolling out a major communications campaign dubbed “MAGIC FOR LIFE”. More people will thereby become aware that the company really understands them and wants to deliver on their aspirations. To represent the MAGIC FOR LIFE spirit, AGC has appointed actor/MC Kan Kantathavorn as its brand ambassador. The nationwide MAGIC FOR LIFE campaign will accomplish its goal through a variety of media channels, including TV commercials and online.
June 19, 2019 10:35 UTC
By 2021, Bosch plans to quadruple the number of its in-house AI experts from 1,000 to 4,000. By the middle of the next decade, 100 per cent of Bosch products will be equipped with AI, or AI will have played a part in their development and manufacturing. The three focus areas of the company that will be on display at the Techsauce Global Summit 2019 are future of mobility, Industry 4.0, and smart agriculture. Bosch is already actively involved in rolling out mobility solutions initiatives throughout the region. Bosch is capable of supporting and adding value to Thailand’s mobility eco-system, especially in the areas of digitalization and connectivity,” said Joseph Hong, managing director of Bosch in Thailand.
June 19, 2019 10:30 UTC
Bangkok Airways celebrates its recent world-class achievements which are World’s Best Regional Airline & Best Regional Airline Awards 2019 from Skytrax by offering exclusively-made and designed chocolate bites for passengers at its passenger lounges (domestic and international), Suvarnabhumi Airport during June 19-21. Moreover, the airline also launches the “Thank You for Your Love” promotion that offers special fares on both domestic and international routes. The “Thank You for Your Love” promotion fares start from just Bt1,100 per one way for domestic routes (except domestic in/out Samui). For international routes, the fare starts from just Bt1,390 Baht per one way or Bt2,190 per roundtrip. or at Bangkok Airways Ticketing Offices nationwide.
June 19, 2019 09:56 UTC