Chang stock takes hit after Budweiser shelves IPOThapana Sirivadhanabhakdi, CEO and president of Thai Beverage Plc and son of founder Charoen, talks about the company's vision at a briefing in Bangkok in October last year. Even with the slump, ThaiBev is still the top performer on Singapore’s benchmark Straits Times Index this year. The stock had gained 42% or $4.7 billion in market value as of Friday’s close. Of the 19 analysts tracking the stock as compiled by Bloomberg, none have a sell rating on the company. Among the few options the company could pursue are cutting costs, revisiting an IPO, selling assets or cuting the dividend again.
July 15, 2019 09:11 UTC
Monsoon flooding forces thousands from homes in MyanmarYANGON: Days of heavy monsoon rain and dangerously high river levels in Myanmar have forced more than 18,000 people from their homes and flooded at least one camp for people displaced by recent fighting, authorities and a politician said on Monday. "We are working together with local authorities helping the people and providing food," said the department's director, Phyu Lai Lai Htun. More people were expected to be forced from their homes on Monday, she said. The northern state of Kachin was the worst affected, with 14,000 people forced from their homes near the banks of the Ayeyarwady river. Flooding also forced 3,000 people in the western Rakhine state to relocate, the disaster management department said.
July 15, 2019 08:43 UTC
A more substantial appetizer of steamed rice dumpling filled with naturally-caught crab and shimeji mushrooms follows. Another Thai fine dining qualifier with flying colours. But it would be a shame to lose a coconut with such a full flavour that the next dish, sous-vide tenderised Chicken Thigh in Coconut Milk and Galangal Shoot Soup, served in the husk, renders so ambrosially. The first dessert is a cooling, creamy homemade cassava sorbet with coconut milk froth and palm sugar cubes. Among the hottest Thai fine dining tickets in town, the 9-dish culinary voyage is priced @ Bt2,900++, including a complimentary berry puree cocktail.
July 15, 2019 08:03 UTC
Multinationals include vast amounts each year in their budgets on promoting their adherence to providing an inclusive workplace. There are also incentives to encourage inclusive business practices such as tax exemption. They show that a more inclusive workplace leads to increased productivity, a more satisfying work environment and greater stability for all employees. A study by Accenture, "The Disability Inclusion Advantage", used data from the American Association for People with Disabilities, along with Disability IN, the leading non-profit resource for business disability worldwide. This study goes even further, saying that companies with an inclusive workplace benefit from increased innovation, improved shareholder value and improved productivity, along with an enhanced reputation.
July 15, 2019 07:44 UTC
From January to June, the number of private cars and other transport vehicles with red number plates, allocated to brand-new vehicles which obtain registration, totalled 1,615,524, said DLT deputy director-general Janthira Buruspat. The breakdown is: 405,203 private cars with up to seven seats, up 8% year on year; 149,985 private transport vehicles, up 6%; and 8,573 private cars with more than seven seats, up 1%. Most of them - 21,051, 977 - are motorcycles, followed by 9,713,980 private cars with up to seven seats. Sellers of new cars are advised to have the necessary documents ready for submission to the DLT so licence plates can be issued quickly to the vehicle owners. Owners are reminded of a new law which prohibits new cars from carrying red number plates for more than 30 days.
July 15, 2019 07:15 UTC
Senior police, including deputy national police chief Pol Gen Chalermkiat Srivorakhan, display seized illicit drugs at the Narcotics Suppression Bureau in Bangkok on Monday. (Photo supplied)Police are tracking a money trail they believe will lead to a local politician in the South believed to have arranged finance for 459 kilogrammes of smuggled crystal methamphetamine seized recently in Bangkok. Pol Gen Chalermkiat said the four suspects were charged with possessing illegal drugs and colluding to traffick the drugs. The NSB had evidence the same politician had arranged finance for the gang at least once previously. Police were now trying to positively identify the politician by following the money trail.
July 15, 2019 07:03 UTC
Armoured pickup keeps rangers from serious bomb injurySecurity officials examine the crater left by a roadside bomb that slightly injured paramilitary rangers in Bacho district of Narathiwat on Monday morning. (Photo by Waedao Harai)NARATHIWAT: A roadside bomb exploded, slightly injuring three paramilitary rangers as their steel-reinforced pickup truck was passing in Bacho district on Monday morning. One was a six-wheeled truck carrying six rangers and the other an armour-reinforced pickup truck with four rangers. The armoured pickup truck was leading the bigger truck and took the impact of the explosion. Shrapnel also damaged a house and another pickup truck about 50 metres from the blast spot.
July 15, 2019 06:17 UTC
Djokovic vows to win fans' love with Federer record in viewNovak Djokovic holds the winner's trophy and passes runner up Roger Federer. LONDON: Novak Djokovic has vowed to convince fans that he is not public enemy number one even if he surpasses people's champion Roger Federer as the greatest Grand Slam title winner of all time. Djokovic is the first man in 71 years to win the title from match points down, saving two in the 16th game of the deciding set. Djokovic has spent the best part of his career in pursuit of Nadal and Federer and attempting to seduce fans sceptical of his character. But the one thing that probably allowed me to come back and save match points and win this match was the mental stability," admitted the champion.
July 15, 2019 05:46 UTC
A strong, shallow earthquake struck eastern Indonesia on Sunday, damaging homes and killing at least two peopleResidents leave their homes to find higher ground following an earthquake in Ternate, North Maluku, Indonesia, on Sunday. (AP photo)JAKARTA: A strong, shallow earthquake struck eastern Indonesia on Sunday, damaging homes and killing at least two people, officials said. With a population of around 1 million, North Maluku is one of Indonesia's least populous provinces. A powerful Indian Ocean quake and tsunami in 2004 killed a total of 230,000 people in a dozen countries, most of them in Indonesia. Last week, a magnitude 6.9 undersea earthquake caused panic in parts of eastern Indonesia and triggered a tsunami warning.
July 15, 2019 05:26 UTC
SRT to extend Hua Hin hotel's land leaseThe State Railway of Thailand decides to extend the land lease granted to the Centara Grand Beach Resort in Hua Hin for another year. (Photo from Centara Grand Beach Resort)The State Railway of Thailand board has decided to extend the land lease granted to the Centara Grand Beach Resort in Hua Hin for another year, a acting SRT governor Worawut Mala said. The lease expired on May 15. The company operates the seaside resort in Hua Hin district on land leased from the SRT. Mr Worawut said the SRT is drafting a new regulation governing its land leases to be signed with businesses for more efficient management of properties.
July 15, 2019 04:52 UTC
Nervous Hong Kong millionaires move cash to SingaporeRiot police try to disperse pro-democracy protesters inside a mall after a march at Sha Tin District of East New Territories, in Hong Kong, on Sunday. Coming ChangeThe extradition fight reinforced concerns among Hong Kong investors and democracy advocates alike that the Beijing-backed government is eroding the legal wall separating the local judicial system from the mainland’s. Hong Kong police arrested more than 40 people after attempts to clear the remnants of a mass anti-government march resulted in clashes with demonstrators on Sunday. It is not unreasonable to say that they are exploring alternative locations” in case the situation in Hong Kong doesn’t improve, he added. “Hong Kong has shot itself in the foot,” said Chong, a Malaysian who has permanent residency in both Hong Kong and Singapore.
July 15, 2019 03:00 UTC
Xinjiang, a fraught region where flare-ups of interethnic violence have led to unprecedented levels of surveillance, is one of the fastest growing areas for tourism in China. Though tourists are not used to the high-level of security at first, "they adapt after a few days," she told AFP. - 'Discover Xinjiang' -Beijing's security clampdown has also squeezed Yengisar city's artisanal knife trade, said Summers. But while ethnic song and dance is showcased to tourists, Uighurs are often restricted in how they express their own culture. But I really hope that Xinjiang will become the old Xinjiang."
July 15, 2019 02:47 UTC
AJI-NO-MOTO introduces new TVC with “Rodmay-Khanungnij” the first product presenterAJI-NO-MOTO, the top market leader of seasoning manufacturer, spent the budget at an approximately 50 million Baht for marketing communications with the aim to penetrate target group of food vendor who prefers the confidence and deliciousness in cooking. Recently, AJI-NO-MOTO debuted “Rodmay-Khanungnij Jaksamithanont”as its first product presenter to reinforce brand recognition and represent the image of those who love cooking and tasty foods while introducing the new TVC under the concept of “AJI-NO-MOTO…the deliciousness that has been never changed”, expressing the AJI-NO-MOTO brand that is familiar with Thais for so long, start broadcasting as from the mid of July. Also, it plans to utilize selective media e.g. TV, online media along with numerous below-the-line and consumer promotions in convenience stores and fresh markets around the country.
July 15, 2019 02:18 UTC
Pastor confirmed with Ebola as disease spreads in DR CongoThe Red Cross says the biggest challenge is ensuring robust monitoring along the porous border with DRC. KINSHASA - The first case of Ebola has been confirmed in Goma, the biggest city to have been affected by the disease since its outbreak in eastern DR Congo last August, the health ministry said on Sunday. His symptoms first appeared last Tuesday in Butembo, one of the main towns touched by Ebola where he had been preaching. Health workers in Goma were vaccinated as early as December when the outbreak first hit Butembo some 300km (185 miles) further north. The latest Ebola outbreak in eastern Democratic Republic of Congo has so far killed 1,655 people and 694 have been cured, according to a health ministry bulletin on Saturday.
July 15, 2019 01:46 UTC
Comic-Con hits 50: from hotel basement to Hollywood hangoutSome 135,000 comic book fans will invade San Diego for the 50th edition of Comic-Con -- the world's largest celebration of pop cultureLOS ANGELES - From Peter Parker's run-in with a radioactive spider to Superman fleeing an exploding Krypton: comic book fans love a good origin story. So when 135,000 geeks and nerds invade San Diego next week for the 50th edition of Comic-Con -- the world's largest celebration of pop culture -- the event's humble beginnings will be a hot topic of discussion. We never thought we'd be around in 50 years' time," David Glanzer, Comic-Con's marketing chief, told AFP. This year San Diego will host a series of retrospective panels celebrating Comic-Con's storied past. "Yeah we do get a lot of Hollywood people, but entertainment now is very different to how it was in 1970," said Glanzer.
July 15, 2019 01:41 UTC