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Update: Wed, Jan 17 2018    

RS launches Lifestar BIZ direct sales

RS is expanding its Lifestar health and beauty business with the launch of Lifestar BIZ direct sales. RS’s Lifestar business saw sales rising more than 600 per cent last year. The Lifestar BIZ targets 10,000 persons applying to become its sales people in the first year.

Paris prosecutors probe Apple over 'planned obsolescence'

Paris prosecutors have launched a probe of US tech giant Apple over suspected "planned obsolescence" in some of its iPhone models, a judicial source told AFP on Monday.

Samsung projects $14.1 billion Q4 operating profits

South Korean telecom giant Samsung Electronics expects to post record operating profits of $14.1 billion in the fourth quarter, it said Tuesday.

BOT clarifies on Phillip Securities’ Bitcoin futures trading service

Phillip Securities (Thailand) has launched trading in Bitcoin futures in Thailand even as the Bank of Thailand (BOT) has questioned its advertisement, which it feels might mislead investors.

Urbanisation to drive growth in second cities

Experts say smaller cities could play important economic role

When was the last time you gave feedback that works?

Seven years ago, I broke up with my working partner because of one single piece of feedback: “I don’t feel like we are a team here.” He told me that on the last day of the five consecutive workshops we ran together. Ironically, the workshop was aiming to create collaboration and transformation for leaders during the time of organisation restructuring. 

film fun

CIMB Thai has launched a special promotional campaign for its debit card holders, allowing them to pay with their cards only Bt80 for a ticket for all movies at all participating Major Cineplex and SF branches.

Tisco Securities

The SET has made a riproaring start to the new year, jumping 2.1 per cent to a new alltime high of 1,791 in the first two trading days.

Thanawat Patchimkul Head of Research DBS Vickers Securities (Thailand)

Net liquidity injection into the global financial system could drop to zero or negative by the end of this year, according to a DBS Bank economist. The Fed’s balance sheet reduction plan is to increase the tapering amount gradually each quarter to reach US$50 billion a month in October 2018, and maintain it at that level thereafter.

Ten hot consumer trends for this year and beyond

Exploring the future from the perspective of an early adopting user perspective, Ericsson ConsumerLab has released the latest edition of its annual trend report “The 10 Hot Consumer Trends for 2018 and Beyond”.

Different approaches to bitcoin in Asia

From clampdowns to a warm embrace, regulators in Asia have taken very different approaches to dealing with the bitcoin phenomenon. Here are the developments in a few key markets:

Public warned of digital currency ‘Ponzi-like’ fraud

THE FINANCE MINISTRY has issued a warning about the high risk of investing in digital currencies, but so far there have not been any concrete measures adopted to deal with the rising popularity of bitcoin and other cryptocurrencies.

Dusit Thani to remain open all this year

Hotel and property developer Dusit International says its flagship Dusit Thani Bangkok will remain open until January 5, 2019, rather than April 16 this year as planned. It said the closing date has been extended to allow more time to add value to the replacement hotel, which will be part of a Bt36.7-billion mixed-use project being built in partnership with Central Pattana.

Trust units in Bhiraj office tower going on sale

Bhiraj Office Leasehold Real Estate Investment Trust (Bhiraj Office REIT) will be offering trust shares on leasehold rights to office space in the Bhiraj Tower at EmQuartier from January 8-11 at Bt10 per unit.

Nednapa Srisamai first Thai woman to run Starbucks Coffee (Thailand)

Starbucks Coffee (Thailand) has named Nednapa Srisamai managing director effective from January 1.

Solar energy cells sale agreement inked

Jolywood (Taizhou) Solar Technology, a mass producer of N-type bifacial solar cells, has signed a cooperation agreement with Thai engineering company IMI Industries. Under the greement, IMI Group will distribute Jolywood's premium Double-Glass Bifacial Photovoltaic Solar Panels to the Thai market.

Spotify hit with new copyright suit in US

A music publisher is seeking at least $1.6 billion from Spotify for alleged copyright violations, the latest lawsuit to hit the fast-growing streaming company.

New digital marketplaces seek to reshape economy

Regulatory approval sought for sweeping changes based on e-commerce.

Nationwide e-payments to push cashless society goal

MORE BUSINESSES SET TO ALLOW ‘SMART’ SHOPPING WITH QR CODE

PromptPay computer error causes frenzy on last day of 2017 as transfers fail

A TECHNICAL glitch knocked out the popular PromptPay money transfer service for seven hours yesterday morning, causing frenzies on social media, especially among people waiting for money transfers on the last day of 2017.