Business

BANGKOK — The 6.0 magnitude earthquake that shook northern Thailand on Monday caused 2 billion baht in damages, a prominent economist has estimated.

LOS ANGELES (DPA) — A California jury handed down its verdict in the Apple-Samsung trial Friday afternoon, finding that Samsung infringed on two Apple patents.

BANGKOK — Despite the economic fallout caused by Thailand’s protracted political crisis, Thai commercial banks are still enjoying a high level of stability, a top official insists.

BANGKOK — Thailand has reached a trade agreement that will allow the kingdom to sell at least three million tonnes of rice to the Philippines over the next three years, a top official said.

BANGKOK — Facing huge financial losses, Thai Airways is slated to "encourage" 5,000 of its employees to resign in order to save operational costs, the director airline said.

BANGKOK — A former Thai Airways executive told a public forum today that privatising Thai Airways is the only way to save the debt-ridden national airline from an imminent financial collapse.

BANGKOK — Tax collection throughout the first 6 months of 2014 fiscal has missed the target by six per cent thanks to the ongoing political crisis, officials said.

(9 April) Shoppers can now browse for local goods produced by local communities across Thailand at state-sponsored shops under expressways in Bangkok.

(7 April) Green tea tycoon Tan Passakornnatee said the initial public offering of his company's stocks tomorrow will earn as much as 3.9 billion baht.

(4 April) The Japan Credit Rating Agency (JCR) has downgraded the credit status of Thailand following months of prolonged political turmoil, an official said.