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The US Federal Communications Commission (FCC) has voted to revoke the authorization for China Telecom’s subsidiary in the US. Citing national security concerns, officials ordered China Telecom Americas to discontinue its services in the US within 60 days.…
China’s Laobaixing and Yixintang Pharmaceutical Group are in advanced talks to create the country’s biggest drugstore chain via a share swap, three people familiar with the matter said. Laobaixing’s founders, Xie Zilong and Chen Xiulan, are expected to have a…
Kia Motors took the wraps off the 2020 XCeed, which is an urban crossover utility vehicle. Kia says that it is an alternative to regular SUVs and is as practical as an SUV and as engaging as a hatchback. It will be launched in Europe in the third quarter of…
Thailand’s National Broadcasting and Telecommunications Commission has written to AIS warning of $71,114 (2.5 million Baht) a day fines unless they complete the handover of 300,000 subscribers to TrueMove under the mobile number portability system by May…
As Thai retail conglomerate Central Group suffers a sluggish domestic economy, its owners the Chirathiwat family worry that premium customers are spending overseas rather than at home. “The upper class group is still spending money,” Chief Executive Tos…
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