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Economist finds fault with ex-PM’s legacy
FORMER PRIME MINISTER General Prem Tinsulanonda, who died yesterday, made great contributions to the development of the Thai economy, but one of three economists asked to comment on his legacy also feels he left the country saddled with income inequality, which has become a major problem today.

Thai exports pay price for US-China trade war
US markets the new hope after shipments slump to a 24month low last month.

Impact to host light event
Impact Exhibition Management Co Ltd in collaboration with MEX Exhibitions Pvt Ltd and EXCO Co Ltd are all set to for BMAM Expo Asia 2019, K-Fire and Safety Expo Bangkok 2019 and LED Expo Thailand 2019 + Light Asean.

Lazada aims to empower women with Women’s Festival campaign
Lazada, an e-commerce leader in Southeast Asia, has set a goal to be the No 1 shopping destination for women in the digital era to recognise their importance as influencers within the e-commerce marketplace.

EGCO posts 47% Q1 gain due to increased power generation
Electricity Generating Public Company Limited is showing Bt2,915 million in first-quarter 2019 operating profit as it looks to future growth.

Taboola seeks local partners to serve ‘search in reverse’ audience
Taboola, a leading “discovery platform”, has announced double-digit growth across Asia Pacific and is confident it will see the same growth for 2019.

Asean needs better sales pitch to realise its supply chain potential: HSBC
Southeast Asia, and particularly Thailand, cannot expect to see a wide-scale divergence of supply chains coming its way unless there are improvements in production technology and capacity, and regional integration, according to HSBC Thailand.

BCPG announces quarterly dividend payment on June 14
BCPG Public Company Limited has announced its interim dividend payment for the first quarter of this year at the rate of Bt0.16 per share, with an XD (Exclude Dividend) sign posted on June 4, 2019 and the dividend payment date set for June 14.

Thai Union strikes it rich with tuna oil
WHEN Tunyawat Kasemsuwan, the director of Global Innovation Centre (GIC), joined Thai Union Group five years ago, he saw a lot of “value” left unused at the firm’s tuna processing factory, and decided to take on the responsibility of finding ways to tap that value.

Airbnb, GSB team up to support homestays
Airbnb, the community-driven hospitality company, and the Government Savings Bank, announced last week a partnership to help promote hospitality entrepreneurs in Thailand, starting with local homestay owners.

ETDA to help antigraft body modernise its work
The Office of the National Anti-Corruption Commission (ONACC) and the Electronic Transactions Development Agency (ETDA) on Friday signed a memorandum of understanding (MoU) on digital transformation.

Samsung Myanmar sure of staying top
Amid stiff competition in the market as major smartphone brands vie for market share in Myanmar, South Korean giant Samsung Electronics remains confident that it will manage to maintain its leadership position this year, according to Zarni Win Htet, the head of mobile group at Samsung Myanmar.

Innovativeness key to be a medical hub
Philips exec says Thailand an important market for company’s new solutions

Trump delays decision on auto tariffs for up to six months
President Donald Trump on Friday announced a six-month delay in imposing steep tariffs on auto imports, seeking to pressure Europe and Japan into bargaining table concessions on trade.

World Bank team vows to support Thai business sector
The World Bank will support Thailand’s business sector since the government has conducted bureaucratic reforms to facilitate businesses.

The Nation to cease print edition and focus on digital market
THE NATION newspaper will stop its print editions and go fully online from July 1, when the independent English-language daily turns 48, to focus more on its core online readers including those based abroad, the top executive of the company that owns the paper said yesterday.

Manufacturer, distributor of MG cars promotes electric vehicles
SAIC Motor-CP Co Ltd and MG Sales (Thailand) Co Ltd, the manufacturer and distributor of MG cars in Thailand, held “EVolution of Automotive” – a seminar centred on Thailand’s readiness for the use of battery electric vehicles (BEV)s.

Bangkok Airways announces profits of over Bt500m in Q1
Bangkok Airways Public Co Ltd has announced revenues of Bt7.8 billion in the first quarter of this year, with net profits at Bt510.8 million.

Ananda announces 61% rise for Q1 net profits
Leading condominium developer Ananda Development has cited strong profits from joint venture projects for its first-quarter net profit of Bt232 million, a rise of 61 per cent on the same period last year.

Thai Union in multipronged approach 
THAI UNION GROUP, a world leader in seafood, is exploring new emerging markets to expand its business and investment, in order to enhance competitiveness.

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