Business News

    • 'Kai fak' bill approved

      Sep 18, 2018 | 17:00 pm

      The cabinetapproved on Tuesday a long-awaited bill on sale with the right of redemption, known as kai fak, one of the government's key initiatives to protect small-scale landowners from loan sharks.

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    • China retaliates with tariffs on $60bn of US goods

      Sep 18, 2018 | 13:27 pm

      BEIJING: China Tuesday announced tariffs on US goods worth $60 billion in retaliation for President Donald Trump's decision to slap duties on $200 billion in Chinese products next week.

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    • EU targets BMW, Daimler, VW in pollution cartel probe

      Sep 18, 2018 | 04:45 am

      BRUSSELS: The EU opened an in-depth probe into alleged collusion by major German carmakers over anti-pollution technology Tuesday, a fresh blow to the scandal-hit industry three years after the notorious "dieselgate."

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    • China vows to hit back as Trump targets $200bn in goods

      Sep 18, 2018 | 04:45 am

      WASHINGTON: China on Tuesday vowed to retaliate against the United States and warned of "uncertainty" in trade talks after President Donald Trump targeted another $200 billion in Chinese imports with tariffs starting next week.

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    • Coca-Cannabis? Coke analysing cannabis in drinks

      Sep 18, 2018 | 03:05 am

      The Coca-Cola Company said Monday it is "closely watching" the expanding use of a cannabis element in drinks, another sign cannabis and cannabis-infused products are getting more acceptance in mainstream culture and a harder look from long-established pillars of American business.

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    • Bankruptcy sector 'needs streamlining'

      Sep 17, 2018 | 23:02 pm

      More needs to be done to improve the Bankruptcy Act to boost foreign confidence in Thailand's commitment to cleaning up its domestic debt situation, permanent secretary for justice Wisit Wisitsoraat has warned.

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