Month: December 2015

Dow, S&P end with losses for worst year since 2008

NEW YORK – The Dow Jones Industrial Average and the S&P 500 racked up their worst annual performance in seven years after a selloff in the final Wall Street session of 2015 Thursday.

Read more here: Bangkok Post – Business News

The post Dow, S&P end with losses for worst year since 2008 appeared first on Startup in Thailand.

Source: bangkok feed

Treasury to review land rental rates

The Treasury Department will rejig rental rates for its lessees using leased land for purposes other than stated in their contracts in order to pay less rent.

Read more here: Bangkok Post – Business News

The post Treasury to review land rental rates appeared first on Startup in Thailand.

Source: bangkok feed

Tax reform among 2016′s big changes

Other major developments include the 4G revolution, start of megaprojects, IUU decision and the AEC.

Read more here: Bangkok Post – Business News

The post Tax reform among 2016′s big changes appeared first on Startup in Thailand.

Source: bangkok feed

Origin taps unique and profitable niches for condos

The condominium developer Origin Property Plc (ORI) listed on the SET in October this year. CEO Peerapong Jaroon-ek discusses the company’s strategy and outlook.

Read more here: Bangkok Post – Business News

The post Origin taps unique and profitable niches for condos appeared first on Startup in Thailand.

Source: bangkok feed

Purple Line to run from August

This year, people in Bangkok and its outskirts will enjoy riding on the Purple Line electric trains running from Nonthaburi’s Bang Yai district to Bang Sue district in Bangkok.

Read more here: Bangkok Post – Business News

The post Purple Line to run from August appeared first on Startup in Thailand.

Source: bangkok feed

Japanese research institute earns right to name element 113

TOKYO (AP) — A world scientific body says Japanese scientists have met the criteria for naming a new element, the synthetic highly radioactive element 113.

The U.S.-based International Union of Pure and Applied Chemistry said Thursday that researchers at the Riken institute had conclusively identified and earned the right to name the element. It provisionally was named ununtrium. The new name wasn’t immediately disclosed.

A joint working group of the IUPAC and International Union of Pure and Applied Physics were due to announce decisions on naming rights to elements 113, 115, 117 and 118 in January.

Element 113 sits between copernicium and flerovium on the periodic table. A joint team of scientists in Russia and the Lawrence Livermore National Laboratory in the U.S. also were vying for naming rights for 113.

The post Japanese research institute earns right to name element 113 appeared first on Asian Correspondent.

Read more here: Asian Correspondent – AP News

The post Japanese research institute earns right to name element 113 appeared first on Startup in Thailand.

Source: Asian Correspondent

China says it is building second aircraft carrier

BEIJING (AP) — China says it is building its second aircraft carrier, this time entirely with domestic technology.

Defense Ministry spokesman Col. Yang Yujun told reporters at a news conference Thursday that the 50,000-ton vessel is being built in the northern port of Dalian.

China currently operates one refurbished aircraft carrier purchased from Ukraine but armed and equipped in China. That carrier has yet to take on its full aviation complement.

Yang said the second carrier is being built entirely with domestic technology but had drawn on China’s experience refitting its first carrier, the Liaoning.

China’s rapid naval modernization is seen as aimed at asserting its maritime claims and extending its power far from its shores.

Those ambitions have raised tensions with Japan, the U.S. and Southeast Asian nations with conflicting territorial claims.

The post China says it is building second aircraft carrier appeared first on Asian Correspondent.

Read more here: Asian Correspondent – AP News

The post China says it is building second aircraft carrier appeared first on Startup in Thailand.

Source: Asian Correspondent

Asean’s 1st rail-freight X-ray terminal opens in Chon Buri

The Customs Department has opened an X-ray scanning terminal for rail freight, the first of its kind in Southeast Asia, at the Laem Chabang port in Si Racha district of Chon Buri province.

Read more here: Bangkok Post – Business News

The post Asean’s 1st rail-freight X-ray terminal opens in Chon Buri appeared first on Startup in Thailand.

Source: bangkok feed

Air India plane returns to Mumbai after rat spotted on board

NEW DELHI (AP) — An Air India plane flying to London has been forced to return to Mumbai after passengers spotted a rat on board.

The airline said though the rat was not found, the pilot returned to Mumbai keeping passenger safety in mind. The aircraft would be fumigated and checked before it is returned to service, a spokesman said.

Passengers were later flown by a separate aircraft to London.

Air India had two other mishaps within a day. A pilot aborted takeoff from a northern Indian city after a stray dog ran onto the runway as the plane was taxiing.

And an Air India plane from Mumbai was hit by a catering van at the Newark, New Jersey, airport in the United States.

The post Air India plane returns to Mumbai after rat spotted on board appeared first on Asian Correspondent.

Read more here: Asian Correspondent – AP News

The post Air India plane returns to Mumbai after rat spotted on board appeared first on Startup in Thailand.

Source: Asian Correspondent

China Telecom chief resigns amid probe

The chairman and chief executive of one of China’s largest mobile service providers, China Telecom, has stepped down after authorities said he was under investigation just days earlier.

Read more here: BBC News – Business News Asia

The post China Telecom chief resigns amid probe appeared first on Startup in Thailand.

Source: BBC NEWS