Economics

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วันที่ 19 ม.ค. 2563 ข่าวเศรษฐกิจ-ธุรกิจ #ศาสตร์เกษตรดินปุ๋ย

Published January 19, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์โพสต์ทูเดย์

https://www.posttoday.com/economy

ครม.สัญจรเตรียมเคาะเปิดร้านค้าปลอดภาษี3จังหวัดชายแดนใต้

ครม.สัญจรเตรียมเคาะเปิดร้านค้าปลอดภาษี3จังหวัดชายแดนใต้

ศอ.บต. จับมือ กระทรวงการคลังเสนอแพ็คเกจกระตุ้นเศรษฐกิจในพื้นที่ 3 จังหวัดชายแดนใต้ เปิดร้านค้าปลอดอากรให้คนไทยซื้อโดยไม่ต้องข้ามด่าน

วันที่ 19 ม.ค. 2563 เวลา 16:33 น.

ข่าวเศรษฐกิจ-ธุรกิจ

'พาณิชย์' โรดโชว์อินเดีย จับคู่การค้า หนุนส่งออกโต กวาดรายได้ 2,785 ล้านบาท

‘พาณิชย์’ โรดโชว์อินเดีย จับคู่การค้า หนุนส่งออกโต กวาดรายได้ 2,785 ล้านบาท

‘จุรินทร์’ ควงผู้ประกอบการ 80 ราย เปิดตลาดการค้าไทย-อินเดีย ลุย 2 เมือง ได้ยอดขาย 2,785 ล้านบาท แนะส่งออกผลไม้-อาหารมีโอกาสขยายตัว

วันที่ 19 ม.ค. 2563 เวลา 16:05 น.

ข่าวเศรษฐกิจ-ธุรกิจ

การรถไฟฯ ยืนยันไม่ปิดสถานีรถไฟหัวลำโพง

การรถไฟฯ ยืนยันไม่ปิดสถานีรถไฟหัวลำโพง

การรถไฟฯยืนยัน สถานีรถไฟหัวลำโพงไม่ถูกปิด แต่จะมีขบวนรถเข้ามาน้อยลง หลังเปิดให้บริการสถานีกลางบางซื่อในปี64

วันที่ 19 ม.ค. 2563 เวลา 15:39 น.

ข่าวเศรษฐกิจ-ธุรกิจ

ไทยส่งออกอาหารรั้งอันดับ 2 ในเอเชีย โกยรายได้ เฉียดล้านล้าน

ไทยส่งออกอาหารรั้งอันดับ 2 ในเอเชีย โกยรายได้ เฉียดล้านล้าน

สถาบันอาหาร กางแผนปี’63 ยกระดับเอสเอ็มอี-โอทอป สู่อุตสาหกรรมอาหารแปรรูปขั้นสูง ปักธงไทยเป็น 1 ใน 10 ผู้ส่งออกอาหารของโลก หลังปี’62 ไทยส่งออกอาหารโลกอันดับ11 มูลค่ากว่า 9.9 แสนล้านบาท

วันที่ 19 ม.ค. 2563 เวลา 15:05 น.

ข่าวเศรษฐกิจ-ธุรกิจ

'ออโต แกเลอรี่' เปิดโชว์รูมมิตซูบิชิ สาขาบางปู ใหญ่สุดใน จ.สมุทรปราการ

‘ออโต แกเลอรี่’ เปิดโชว์รูมมิตซูบิชิ สาขาบางปู ใหญ่สุดใน จ.สมุทรปราการ

กลุ่มออโต แกเลอรี่ ลงทุนกว่า 280 ล้านบาท เปิดตัวโชว์รูม มิตซูเอส บางปู บนพื้่นที่กว่า 6.5 ไร่ โชว์ต้นแบบสาขา “คอร์ปอเรท ไอเดนติตี้’ ครบวงจรสุดล้ำ แห่งแรกใหญ่ที่สุดในจังหวัดสมุทรปราการ ย้ำ ‘เซอร์วิส มายด์’ สร้างความประทับใจให้ลูกค้า ทั้งก่อนและหลังการขาย

วันที่ 19 ม.ค. 2563 เวลา 14:19 น.

ข่าวเศรษฐกิจ-ธุรกิจ

กฟผ.สั่งโรงไฟฟ้า-เขื่อน ทั่วประเทศร่วมมาตรการลดฝุ่น PM 2.5

กฟผ.สั่งโรงไฟฟ้า-เขื่อน ทั่วประเทศร่วมมาตรการลดฝุ่น PM 2.5

กฟผ.คลอด 5 มาตรการป้องกันภัยจากฝุ่นแก่ประชาชนและชุมชนโดยรอบพื้นที่ พร้อมร่วมมือกับทุกภาคส่วนคลี่คลายสถานการณ์ฝุ่นของประเทศ

วันที่ 19 ม.ค. 2563 เวลา 12:28 น.

ข่าวเศรษฐกิจ-ธุรกิจ

Returnship Program อีกทางเลือกในการจ้างาน

Returnship Program อีกทางเลือกในการจ้างาน

คอลัมน์ บริหารคนบนความต่าง

วันที่ 19 ม.ค. 2563 เวลา 11:00 น.

คอลัมนิสต์เศรษฐกิจ-ธุรกิจ

พาณิชย์ เดินสายลุยตลาดอินเดีย เจาะเมืองไซเบอร์ 'ไฮเดอราบัด'

พาณิชย์ เดินสายลุยตลาดอินเดีย เจาะเมืองไซเบอร์ ‘ไฮเดอราบัด’

จุรินทร์ บุกถึงไฮเดอราบัด กระชับมิตรรัฐเตลังกานา สร้างโอกาสไม้ยางพารา-มันสำปะหลังไทย

วันที่ 19 ม.ค. 2563 เวลา 09:00 น.

ข่าวเศรษฐกิจ-ธุรกิจ

Retail turmoil hits Times Square with tenants looking for exit #ศาสตร์เกษตรดินปุ๋ย

Published January 19, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380772?utm_source=category&utm_medium=internal_referral

Retail turmoil hits Times Square with tenants looking for exit

Jan 19. 2020
Pedestrians walk though Times Square in New York on Feb. 22, 2019. MUST CREDIT: Bloomberg photo by Michael Nagle,

Pedestrians walk though Times Square in New York on Feb. 22, 2019. MUST CREDIT: Bloomberg photo by Michael Nagle,
By Syndication Washington Post,  Bloomberg · Natalie Wong, Jordyn Holman · BUSINESS, RETAIL

Struggling retailers are souring on Times Square. Gap and Cover Girl are among merchants looking to leave stores in the district, where companies have historically been willing to swap high rent payments for daily exposure to hundreds of thousands of tourists and commuters.

But as shopping moves online and bricks-and-mortar spaces shrink, real estate brokers are on the hunt for new tenants to occupy a pair of adjacent flagship stores at 1530 and 1532 Broadway – one for Gap and one for its discount brand Old Navy.

There’s also space available at 30 Times Square, where beauty giant Coty Inc. opened its first-ever Cover Girl store a little more than a year ago, according to people with knowledge of the matter. Those come on top of a four-story flagship at 1551 Broadway that American Eagle Outfitters Inc. may depart.

“Some retail is just antiquated,” said Brett Herschenfeld, who oversees the retail unit of SL Green Realty Corp. It “hasn’t evolved with the times and they either fix it to the meet the consumer segment or they’re closing stores.”

While Times Square hasn’t been hit as hard as other neighborhoods by mushrooming vacancies, asking rents have slipped and some of the district’s largest merchants, including Toys “R” Us, have shuttered stores in recent years. Others are evaluating whether their outsized spaces are the best way to generate sales while giving shoppers the experiences they flock to the area for.

“The most successful approach to Times Square will be to think outside of the large box,” said Phil Granof, chief marketing officer of NewStore, operator of a mobile e-commerce platform that works with physical stores. “Breaking it down into smaller pieces, there might be more value there.”

San Francisco-based Gap Inc. has roughly 80,000 square feet at the two locations in Times Square, with leases that run through 2032, according to marketing materials seen by Bloomberg. Coty has about 10,000 square feet across five floors that is being marketed for sublease through 2021.

A representative for Coty declined to comment.

The buildings all come with massive digital billboards. But in an era when advertising has shifted to social media, companies are questioning the cost of pushing their wares in Times Square.

“The value that brands will pay for the exposure in Times Square on a permanent basis is under some pressure,” said Michael Hirschfeld, a retail broker at Jones Lang LaSalle Inc. “A lot of mass-market types of consumer brands are now reaching you directly on your phones or Instagram.”

Gap Inc., on the hunt for a permanent chief executive officer after Art Peck was fired in November, is closing stores as it struggles to revitalize a label that has fallen out of step with shoppers. Old Navy has been a bright spot for the company, but that brand has also faced challenges in recent quarters, including increased competition from other discount chains.

While Times Square may be losing its luster for some companies, there’s still plenty of interest in the area from current and prospective tenants – and that shows how powerful it remains for retailers, according to Steven Soutendijk, a broker at Cushman & Wakefield.

“It’s not just about marketing and branding anymore,” he said. “It’s about the footfall and the shoppers that are there.”

Gains from SCB Life sale pump up SCB profits #ศาสตร์เกษตรดินปุ๋ย

Published January 19, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380757?utm_source=category&utm_medium=internal_referral

Gains from SCB Life sale pump up SCB profits

Jan 18. 2020
Arthid Nanthawithaya

Arthid Nanthawithaya
By THE NATION

Siam Commercial Bank and its subsidiaries reported pre-provision operating profit (PPOP) of Bt95.6 billion last year, up 30 per cent year on year (YoY).

This strong PPOP growth over 2018 was primarily driven by the recognition of extraordinary gains from the sale of SCB Life. Nevertheless, the bank also set aside higher provisions in 2019, resulting in the annual net profit (based on unaudited consolidated financial statements) of Bt40.4 billion. The bank also announced a special dividend of Bt0.75 per share to be paid out in mid-February.

Net interest income grew at 3 per cent (YoY) to Bt99.4 billion. Despite falling interest rates in 2019 and a slight decline in the overall portfolio size, the bank was able to sustain this growth momentum by rebalancing its loan portfolio towards higher margin products.

Non-interest income surged 59 per cent (YoY) to Bt66.7 billion mainly due to large investment gains from sale of SCB Life recorded in late September. Excluding this one-off item, non-interest income would have returned to its growth trajectory of 2 per cent (YoY) with improved recurring income and a new income stream from the bancassurance partnership that commenced in the fourth quarter.

Operating expenses grew at 9 per cent (YoY) to Bt70.5 billion mainly because of one-time personnel expenses to comply with the new labour law and transformation-related expenses. With the strong top-line growth of 20 per cent (YoY), cost-to-income ratio declined to 42.5 per cent.

The Non-performing loan (NPL) ratio rose to 3.41 per cent at the end of December 2019 from below 3 per cent in the first half of 2019. This deterioration reflected a challenging business environment as economic headwinds intensified in the second half of 2019 coupled with the bank’s prudent loan classification policy.

Given the current trend on asset quality as well as economic uncertainty, the bank has set aside total loan loss provisions of Bt36.2 billion for 2019. At the end of December 2019, NPL coverage was maintained at 134 per cent.

The bank’s capital adequacy ratio remained strong at 18.1 per cent. Therefore, following the sale of SCB Life shares, the board has approved a special dividend payment of Bt0.75 per share. The final dividend for 2019 will be reviewed and approved at the annual general meeting in April.

Arthid Nanthawithaya, chairman of the executive committee and CEO, said: “Given the current economic uncertainties the bank has proceeded with caution, especially in the area of loan growth, by focusing on high quality segments. With the expectation of moderate loan growth for the banking sector, the bank will continue to rebalance its loan portfolio towards higher-margin businesses with an emphasis on digital lending and wealth management, as well as improving efficiency and expense management. In addition, the bank is leveraging new capabilities from the transformation effort and working closely with various partners and leading fintech companies to build new business models that will enhance the bank’s long-term competitiveness.”

Twitter’s top lawyer is final word on blocking tweets-even Donald Trump’s #ศาสตร์เกษตรดินปุ๋ย

Published January 19, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380771?utm_source=category&utm_medium=internal_referral

Twitter’s top lawyer is final word on blocking tweets-even Donald Trump’s

Jan 19. 2020
Vijaya Gadde, chief legal officer of Twitter., listens during the Wall Street Journal Tech Live global technology conference in Laguna Beach, Calif., on Oct. 21, 2019. MUST CREDIT: Bloomberg photo by Martina Albertazzi.

Vijaya Gadde, chief legal officer of Twitter., listens during the Wall Street Journal Tech Live global technology conference in Laguna Beach, Calif., on Oct. 21, 2019. MUST CREDIT: Bloomberg photo by Martina Albertazzi.
By Syndication Washington Post, Bloomberg · Kurt Wagner · BUSINESS, COURTSLAW, MEDIA 

Whenever somebody on Twitter takes issue with the network’s rules or content policies, they almost always resort to the same strategy: They send a tweet to @jack.

A quick scan of Chief Executive Officer Jack Dorsey’s mentions show just how often he’s called upon to lay down the law for the service he helped create. But what users don’t know is that they’re imploring the wrong Twitter executive. While Dorsey is the company’s public face, and the final word on all things product and strategy, the taxing job of creating and enforcing Twitter’s rules don’t actually land on the CEO’s shoulders. Instead, that falls to Twitter’s top lawyer, Vijaya Gadde.

The Twitter logo on an Apple laptop. MUST CREDIT: Bloomberg photo by Gabby Jones.

As Twitter’s head of legal and policy issues, Gadde has one of the most difficult jobs in technology: Her teams write and enforce the rules for hundreds of millions of internet users. If people break the rules, the offending tweets can be removed, users can be suspended, or in extreme cases booted off Twitter altogether. Dorsey may have to answer for Twitter’s decisions, but he’s taken a hands-off approach to creating and enforcing its content policies.

“He rarely weighs in on an individual enforcement decision,” Gadde said in a recent interview. “I can’t even think of a time. I usually go to him and say, ‘this is what’s going to happen.'”

That leaves Gadde, 45, as the end of the line when it comes to account enforcement — a delicate position in a world where Twitter’s rules are both an affront to free speech and an invitation to racists and bigots, depending on who’s tweeting at you. “No matter what we do we’ve been accused of bias,” Gadde said. “Leaving content up, taking content down — that’s become pretty much background noise.”

Like most corporate lawyers, Gadde generally operates in the background herself, though her influence has helped shape Twitter for most of the past decade. A graduate of Cornell University and New York University Law School, Gadde spent almost a decade at a Bay Area-based law firm working with tech startups before she joined the social-media company in 2011. Her eight-plus years at Twitter are about equal to the amount of time Dorsey has worked there over the years.

But as Twitter’s role in global politics has increased, so has Gadde’s visibility. She was in the Oval Office when Dorsey met with President Donald Trump last year, and joined the CEO when he met Indian Prime Minister Narendra Modi in November 2018. When Dorsey posted a photo with the Dalai Lama from that trip, Gadde stood between the two men, holding the Dalai Lama’s hand. InStyle just put her on “The Badass 50,” an annual list of women changing the world. “Vijaya defines the word,” tweeted Twitter Chief Marketing Officer Leslie Berland.

When Gadde first joined Twitter, the internet was a different place. At the time, a lot of politicians were just getting familiar with the platform. Trump primarily used his Twitter to share announcements about his TV appearances (though this would quickly change). The official presidential account, @POTUS, wouldn’t even come into existence until 2015, under then-President Barack Obama.

When Gadde took over as general counsel in 2013, the social-media service had an “everything goes” mentality. A year prior, one of Twitter’s product managers in the U.K. famously said that Twitter viewed itself as “the free speech wing of the free speech party,” a label later repeated by then-CEO Dick Costolo. The company simply “let the tweets flow,” said one former employee.

That freedom is part of what drew Gadde to Twitter in the first place. An immigrant from India, Gadde moved to the U.S. as a child and grew up in east Texas, where her dad worked as a chemical engineer on oil refineries in the Gulf of Mexico, before moving to New Jersey in middle school. “I was the only Indian child most of my education until I went to college,” she says now. “You feel voiceless. And I think that that’s kind of what drew me to Twitter — this platform that gives you a voice, and gives you a community and gives you power.”

Twitter’s commitment to giving everyone a voice, though, has also come with a general reluctance to take it away. Twitter’s decisions in recent years to ban certain users, including conspiracy theorist Alex Jones and far-right media troll Milo Yiannopoulos, were news in part because Twitter’s decisions to act were so uncharacteristic. Gadde acknowledges the change, saying that the company has come to realize in recent years the responsibility it has to protect the safety of its users, including when they’re not using the product. “I would say that the company has shifted its approach dramatically [since I started],” she said.

Perhaps no user presents a bigger quagmire for Gadde and her team than Trump, the platform’s most famous user, whose tweets often push the boundaries of Twitter’s rules. The president’s habit of blasting messages to his 70.9 million followers has taken on a new vigor thanks to a looming impeachment trial and re-election bid. Following the U.S. drone strike in early January that killed a top Iranian general, Trump threatened Iran with military force in a number of tweets, including the targeting of cultural sites. That prompted many observers, including some former Twitter employees, to ask why he hadn’t been suspended — a cycle that has played out several times following other Trump tirades.

Last month, Trump attacked his Democratic rivals, blasted Congress over impeachment proceedings, and even mocked teenage climate activist Greta Thunberg from his @realDonaldTrump Twitter account. According to a USA Today analysis, his tweets contain more negative language than ever. The study looked at whether Trump tweeted words with positive or negative connotations, and found he “is posting fewer tweets with words that convey joy, anticipation and trust, and more that convey anger.” Trump sent or retweeted more than 1,050 messages in December, according to Hootsuite — more than any other month since taking office.

“The way he uses social media is a reflection of just how unusual a candidate, and now a president, Trump is. A big part of that is that he breaks all the rules,” said Patrick Egan, a professor of politics and public policy at New York University. “Something that a lot of people really like about him is that he says the kind of things he’s not supposed to say, and of course that’s exactly the kind of thing that can get you into trouble on social media.”

Inside Twitter, Trump’s tweets are a frequent topic of conversation among employees, and Gadde’s authority also means that she has the unique job of punishing the world’s most famous tweeter — should it ever come to that. “My team has the responsibility to do that with every single individual who uses Twitter, whether it’s the president of a country or it’s an activist or it’s somebody we don’t know,” she said. “I honestly do my best to treat everyone with that same degree of respect.”

Twitter has so far decided that Trump hasn’t crossed any lines, but the company is prepared for such a scenario. While it’s unlikely that Twitter would ever suspend a well-known politician – the company also has a newsworthiness policy, which means it’s less likely to take action on tweets from elected officials — it’s devised another penalty for world leaders: A warning screen unveiled last summer that hides a tweet from public view and limits its distribution, but still allows people to view the tweet with the click of a button. It’s a way to publicly acknowledge that a politician has violated Twitter’s rules while admitting what they said is too newsworthy to be taken down. “It’s preserving a record of what is said in the public interest,” Gadde explained.

The process is designed like this: A content moderator, who may be a third-party contractor, reviews a tweet that has been flagged and determines whether it violates Twitter’s rules. If they decide that it does, moderators can usually enforce punishment at this stage, but Twitter requires a second layer of review for offenders who are considered public figures — in this case, a verified politician with more than 100,000 followers, Gadde said.

The tweet is then sent to Twitter’s trust and safety team, and if they also agree that the post violates the rules, Twitter convenes a special group of employees from across the company to review it. This group, about a half-dozen people from various teams, is meant to bring in a diverse set of perspectives, Gadde explained. That panel then makes a recommendation to Del Harvey, Twitter’s head of trust and safety, and her boss, Gadde, for a final decision.

Barring some kind of emergency, using the label will ultimately be Gadde’s call. “Vijaya has a young kid still, so she’s very used to being woken up any hour, which is helpful,” Harvey joked to a group of reporters last summer.

Gadde won’t go so far as to say the new warning label was created with Trump in mind — “We try to think of these things globally and not just about the United States,” she said — but added that even though the screen, referred to internally as the Public Interest Interstitial, hasn’t been used since its debut last June, it will eventually make an appearance. Gadde said Twitter has used the newsworthiness policy a “handful” of times in the past as justification for leaving offending tweets up. But the company didn’t have the warning label back then, so the general public didn’t know anything had even been discussed behind the scenes, she said. “We know it happens, and that it will happen.”

Twitter actually pointed to this policy in September 2017 when answering questions about the decision to leave up a tweet from Trump that appeared to threaten North Korea with nuclear war. Twitter also has a policy against threats of violence. A White House spokesman, Steven Groves, declined to answer questions about Trump’s use of Twitter.

Historically, Twitter’s rules around free speech have been so lax that a number of celebrities and journalists, including singer Lizzo, actress Millie Bobby Brown and New York Times writer Maggie Haberman, have stepped away from the service — at least temporarily — with many citing bullying and harassment. Sen. Kamala Harris, a former Democratic candidate for president, thought Twitter’s enforcement weak enough that she implored the company to suspend Trump in a letter in October, saying he uses his account to obstruct justice and intimidate people, including the whistle-blower whose report ultimately led to his impeachment. Twitter responded that Trump’s tweets didn’t break the rules.

The newsworthiness exemption gives Twitter a lot of wiggle room when it comes to removing high-profile tweets, but Gadde said the point of the warning label, and the company’s attempt to explain it, are part of a broader effort to be more transparent about how and why the company makes decisions — something she admits hasn’t always been clear. As Twitter has grown, so has the company’s understanding that it can’t simply sit by and let people tweet whatever they want, Gadde said. It’s one of the many ways her job has evolved over the years.

“We’re trying to do so much more of our work in public,” she said. “I want people to trust this platform.”

Lagarde’s year of listening may see ECB get earful on prices #ศาสตร์เกษตรดินปุ๋ย

Published January 19, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380768?utm_source=category&utm_medium=internal_referral

Lagarde’s year of listening may see ECB get earful on prices

Jan 19. 2020
Christine Lagarde, president of the European Central Bank (ECB), pauses during the central bank's rate decision news conference in Frankfurt, Germany, on Dec. 12, 2019. MUST CREDIT: Bloomberg photo by Alex Kraus.

Christine Lagarde, president of the European Central Bank (ECB), pauses during the central bank’s rate decision news conference in Frankfurt, Germany, on Dec. 12, 2019. MUST CREDIT: Bloomberg photo by Alex Kraus.
By Syndication Washington Post, Bloomberg · Craig Stirling, Catherine Bosley 

If European Central Bank officials use their review of monetary policy this year as a chance to connect with ordinary people, they need to be ready for some plain truths.

At the heart of the assessment, likely to be announced on Jan. 23, is how price stability should be defined and targeted. But ask citizens how they feel about inflation and they’re likely to come up with wildly varying answers. In fact, as the Federal Reserve found in its own recent consultation, many may be less convinced than central bankers that prices are rising too slowly.

While President Christine Lagarde says she wants to hear diverse views, it’s not yet clear how much that will involve people outside of economic and banking circles, nor how seriously policymakers will take the opinions submitted. If they did want consumers’ perceptions to influence how the review reshapes monetary policy, that could conceivably put the institution on a different path from the ultra-accommodative stance it has adopted for years.

“It’s definitely going to add to the knowledge the ECB has about the inflation process, and the ways inflation affects different groups in society,” said Florian Hense, an economist at Berenberg in London. “How much that is actually going to affect the overhaul or the result of that overhaul is a bit difficult to say.”

Lagarde, who wants to agree on the review at next week’s policy meeting, insisted last month that it will tap more than “the usual suspects.”

“It will also include consulting with Members of Parliament and I’ve committed to that with the European Parliament. It will reach out to the academic community, of course. It will reach out to civil society representatives, and it will aim at not just preaching the gospel that we think we master, but also listening.”

One example she might follow is that of the Fed, which held “community listening sessions” last year in places including San Francisco and Atlanta. The “Fed Listens” initiative heard how officials’ desire for higher prices wasn’t shared by lower-income workers, who fret about their living costs.

Such an exercise would appeal to Bank of France Governor Francois Villeroy de Galhau, who insisted last week that what consumers and businesses think, particularly on inflation, is crucial for the review’s credibility. “They are the ones that ultimately set prices and wages,” he said.

The approach has its problems though. A Bundesbank study published in December found “large differences” between German households on inflation perceptions depending on factors such as earnings, education, home ownership, job type and recent experience of price trends.

Housing is a key area of contention. It is significantly underweighted in the European Union’s official inflation measure because of the challenge of collecting data, yet it’s also a major expense for many individuals. Property values and rents have tended to outstrip inflation in recent years. Data on Thursday showed annual prices of homes in the euro region rose 4.1% in the third quarter — roughly four times the pace of consumer inflation at the time.

Households not only tend to predict more inflation than investors, they also overestimate it. In July, former ECB Executive Board member Benoit Coeure cited a survey of citizens who believed annual price increases were near 9% in the 14 years through 2018, when the figure was actually 1.6%.

Coeure still noted that consumers are good at identifying shifts in inflation, and that their expectations can be “a better proxy” of company pricing decisions than financial markets. Under former ECB President Mario Draghi, policy makers tended to emphasize indicators of future inflation generated by investor bets, such as five-year, five-year forwards.

“The mood has changed, also because the policy space is reduced,” said Marco Valli, an economist at UniCredit in Milan. “There’s more inclination to look at different types of inflation expectations — especially households.”

Lagarde’s strategy rethink is also an opportunity to better explain what the ECB is trying to achieve. Villeroy argues that if people can’t understand its goals, the effectiveness of its policies is blunted.

“They are less convinced than economists of the need to boost price growth from 1% to 2%,” he told an audience in Paris. “I believe the economic analyses and theories; but I also believe that they only have a real-world impact if they are perceived, accepted and assimilated by common sense and public opinion.”

Building a coherent view from a mass of public opinions is likely to be challenging, but it might be worth a try. At a time when many people in richer countries are furious at negative interest rates and quantitative easing, increasing the emphasis on their views could ultimately push the ECB to find more palatable ways to support the economy.

In any case, addressing erroneous perceptions of the ECB, as Villeroy suggests, will likely require more outreach. Lagarde has acknowledged as much, saying that bringing the central bank closer to citizens in an age of populism is a priority.

“It is important to me that our focus on connecting with the people we serve continues and grows stronger,” she told lawmakers in December. “Communication is a two-way street.”

วันที่ 18 ม.ค. 2563 ข่าวเศรษฐกิจ-ธุรกิจ #ศาสตร์เกษตรดินปุ๋ย

Published January 18, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์โพสต์ทูเดย์

https://www.posttoday.com/economy

รถยนต์ปีนี้ทรุดคาดยอดขายต่ำกว่า1ล้านคัน

รถยนต์ปีนี้ทรุดคาดยอดขายต่ำกว่า1ล้านคัน

ทีเอ็มบีคาดยอดขายรถยนต์ในประเทศหดตามสภาพเศรษฐกิจ ชี้ยังมีดีมานด์เปลี่ยนรถใหม่

วันที่ 18 ม.ค. 2563 เวลา 14:06 น.

ข่าวเศรษฐกิจ-ธุรกิจ

จุรินทร์ นำคณะสำรวจสินค้า เจาะห้างดัง Food Hall กว่า 2,000 สาขา ลุยตลาดอินเดีย

จุรินทร์ นำคณะสำรวจสินค้า เจาะห้างดัง Food Hall กว่า 2,000 สาขา ลุยตลาดอินเดีย

รมว. พาณิชย์ คว้าตะหลิวโชว์ ต้มยำกุ้ง กลางห้าง Foodhall อินเดีย ส่งเสริมการค้า ไทย

วันที่ 18 ม.ค. 2563 เวลา 13:36 น.

ข่าวเศรษฐกิจ-ธุรกิจ

“สนธิรัตน์” ขับเคลื่อนมิติพลังงาน สู่ชุมชนหนองจอก

“สนธิรัตน์” ขับเคลื่อนมิติพลังงาน สู่ชุมชนหนองจอก

กระทรวงพลังงาน หนุนแนวคิด พลังงานยั่งยืน ในชุมชน ลงพื้นที่ชุมชน ชุมชนคอยรุดดีน เขตหนองจอก กรุงเทพฯ ต้นแบบธุรกิจเพื่อสังคม

วันที่ 18 ม.ค. 2563 เวลา 13:14 น.

ข่าวเศรษฐกิจ-ธุรกิจ

เศรษฐกิจจีนปี 2562 เติบโตต่ำสุดในรอบ 29 ปี

เศรษฐกิจจีนปี 2562 เติบโตต่ำสุดในรอบ 29 ปี

ศูนย์วิจัยกสิกรไทย ระบุเศรษฐกิจจีนในปีที่ผ่านมา เติบโต 6.1% หดตัวจากช่วงเดียวกันในปี 61 อยู่ที่ 6.6% และประเมินว่าจะยังชะลอตัวต่อเนื่องในปี 2563

วันที่ 18 ม.ค. 2563 เวลา 11:11 น.

ข่าวเศรษฐกิจ-ธุรกิจ

วันที่ 17 ม.ค. 2563 ข่าวเศรษฐกิจ-ธุรกิจ #ศาสตร์เกษตรดินปุ๋ย

Published January 18, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์โพสต์ทูเดย์

https://www.posttoday.com/economy

MONO เลย์ออฟพนักงาน 200 คน ฝ่ายข่าว-บันเทิง-บริการลูกค้า หลังรายได้ปีนี้พลาดเป้า

MONO เลย์ออฟพนักงาน 200 คน ฝ่ายข่าว-บันเทิง-บริการลูกค้า หลังรายได้ปีนี้พลาดเป้า

บริษัท โมโน เทคโนโลยี จำกัด (มหาชน) หรือ MONO เจ้าของช่องทีวีดิจิทัล MONO29 เขย่าโครงสร้างองค์กร ปรับลดพนักงานล็อตใหญ่ 200 คน รับรายได้พลาดเป้าหมายในปีนี้ รายงาน

วันที่ 17 ม.ค. 2563 เวลา 18:29 น.

ข่าวเศรษฐกิจ-ธุรกิจ

อดใจไว้ไปเติมพรุ่งนี้!! ปตท.-บางจาก ลดราคาแก๊สโซฮอล์ทุกชนิด 40 สตางค์ E85 ลด 20 สตางค์

อดใจไว้ไปเติมพรุ่งนี้!! ปตท.-บางจาก ลดราคาแก๊สโซฮอล์ทุกชนิด 40 สตางค์ E85 ลด 20 สตางค์

PTT Station ปรับลดราคาขายปลีกน้ำมันกลุ่มเบนซินและแก๊สโซฮอลล์ทุกชนิดลง 0.40 บาทต่อลิตร เว้น E85 ลดลง 0.20 บาทต่อลิตร ส่วน กบุ่มดีเซลคงเดิม มีผล 18 ม.ค. 2563 เวลา 05.00 น. เป็นต้นไป โดยราคาขายปลีกจะเป็นดังนี้ ULG = 33.76, GSH95 = 26.35, E20 = 23.34, GSH91 = 26.08, E85 = 19.49, ดีเซล = 27.49, HSD-B10 = 25.49, HSD-B20 = 24.49, ดีเซลพรีเมี่ยม = 31.34 บาทต่อลิตรโดยราคาขายปลีกข้างต้นยังไม่รวมภาษีบำรุงกรุงเทพมหานคร

วันที่ 17 ม.ค. 2563 เวลา 16:37 น.

ข่าวเศรษฐกิจ-ธุรกิจ

สขค. เกาะติดบิ๊กค้าปลีกไทย จ่อประมูลซื้อ เทสโก้ฯ ป้องผูกขาด

สขค. เกาะติดบิ๊กค้าปลีกไทย จ่อประมูลซื้อ เทสโก้ฯ ป้องผูกขาด

สำนักงานคณะกรรมการการแข่งขันทางการค้า (สขค.) ตั้งคณะทำงานพิเศษ ติดตามการรวมธุรกิจ กรณีห้างเทสโก้โลตัส อย่างใกล้ชิด ห่วงเข้าข่ายเกิดการรวมธุรกิจ สร้างอำนาจเหนือตลาด ผูกขาดค้าปลีกไทย

วันที่ 17 ม.ค. 2563 เวลา 16:11 น.

ข่าวเศรษฐกิจ-ธุรกิจ

ข่าวดีประเทศไทย!! สหรัฐฯ-จีน ลงนามข้อตกลงเศรษฐกิจการค้าระยะแรก กระตุ้นส่งออกไทย

ข่าวดีประเทศไทย!! สหรัฐฯ-จีน ลงนามข้อตกลงเศรษฐกิจการค้าระยะแรก กระตุ้นส่งออกไทย

พาณิชย์ ระบุการลงนามในข้อตกลงเศรษฐกิจการค้าระยะแรก ระหว่างสหรัฐฯและจีน ครอบคลุม 7 ประเด็นเศรษฐกิจการค้าสำคัญ ช่วยกระตุ้นภาคการส่งออกของไทย

วันที่ 17 ม.ค. 2563 เวลา 15:43 น.

ข่าวเศรษฐกิจ-ธุรกิจ

"CRC" เปิดขายหุ้น IPO 40 - 43 บาท ทุบสถิติหุ้นค้าปลีกใหญ่สุดในโลก รอบ 10 ปี

“CRC” เปิดขายหุ้น IPO 40 – 43 บาท ทุบสถิติหุ้นค้าปลีกใหญ่สุดในโลก รอบ 10 ปี

เซ็นทรัล รีเทล คอร์ปอเรชั่น เดินหน้าแผนการเสนอขายหุ้น IPO จำนวนรวมไม่เกิน 1,860.1 ล้านหุ้น คิดเป็นมูลค่าเสนอขายรวมไม่เกิน 7.9 หมื่นล้านบาท แต่ไร้ความชัดเจนร่วมประมูลซื้อเทสโก้

วันที่ 17 ม.ค. 2563 เวลา 14:48 น.

ข่าวเศรษฐกิจ-ธุรกิจ

ภัยแล้งปี63นี้ ทำอุตฯหีบอ้อยเฉา-ลุ้นราคาน้ำตาลโลกฟื้นตามราคาน้ำมันแพง

ภัยแล้งปี63นี้ ทำอุตฯหีบอ้อยเฉา-ลุ้นราคาน้ำตาลโลกฟื้นตามราคาน้ำมันแพง

โรงงานน้ำตาลทราย คาดภัยแล้งฉุดหีบอ้อยปี 62/63 ไม่สดใส หลังประเมินอ้อยเข้าหีบปีนี้หดเหลือต่ำกว่า 100 ล้านตันอ้อย ดันต้นทุนการผลิตเฉลี่ยต่อหน่วยพุ่ง ลุ้นราคาน้ำตาลในตลาดโลกฟื้นตัวหากราคาน้ำมันแพง

วันที่ 17 ม.ค. 2563 เวลา 13:48 น.

ข่าวเศรษฐกิจ-ธุรกิจ

Private-debt market offers rare 12% yields, but there’s a catch #ศาสตร์เกษตรดินปุ๋ย

Published January 18, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380750?utm_source=category&utm_medium=internal_referral

Private-debt market offers rare 12% yields, but there’s a catch

Jan 18. 2020
Scott Bluestein
By Syndication Washington Post, Bloomberg · Lisa Lee · BUSINESS 

Scott Bluestein has a favorite type of debt investment: companies with no profits, no cash flow, and in some cases even no revenue.

While that may seem like a recipe for disaster for most fixed-income money managers, it’s perfectly normal in the world of venture debt. And few companies in the space have been more successful in recent years than Bluestein’s Hercules Capital Inc., the largest nonbank lender in the business.

The market for venture debt operates largely in the shadow of venture equity, the segment of startup financing famous for providing early funding for technology giants such as Facebook and Alibaba Group Holding. Winning wagers tend to not produce the sort of eye-popping payouts the equity side has become renowned for, but they’re also less risky, relatively speaking. Flying under the radar also has its benefits, according to Bluestein.

While investors have plowed hundreds of billions of dollars into direct-lending funds over the past few years amid a global hunt for yield, the $15 billion venture debt market has yet to see the same influx of cash. As a result it’s largely avoided the intense competition, record dry powder and pricing pressures seen in other corners of private credit. In fact, the Hercules chief executive expects core loan yields to keep pace with the long-term average of about 12% going forward.

“Venture debt has historically mystified the direct-lending market,” Bluestein said in an interview. “We have the opportunity to partner with and help finance some of the most exciting growth-stage technology and life-sciences companies in the world.”

Hercules’s current borrowers include rare-disease drug developer BridgeBio Pharma Inc. and fake-meat producer Impossible Foods Inc.

Lending to such companies requires a unique blend of credit, equity and industry expertise, according to Bluestein. The ability to assess why the companies are burning cash is critical.

“Venture lending is a pretty esoteric, specialized part of the market,” Bluestein said. “It requires significant domain expertise. It requires an achievement of scale from a performance perspective.”

Hercules originally provided BridgeBio a $35 million secured term loan in June 2018. The financing had grown to $75 million by the time BridgeBio went public a year later. Since then, its market capitalization has ballooned to $4.3 billion.

As for Impossible Foods, Hercules closed a $50 million commitment in the second quarter of 2018. A year later, the meat-substitute company reached a $2 billion valuation. In both deals, Hercules made equity investments alongside the loans. In others, it often receives equity kickers in the form of stock warrants.

Of course, the lender’s record isn’t spotless. Portfolio company Sungevity Inc. filed for bankruptcy in 2017, and the debt was subsequently converted into equity of the company that bought some of its assets. BIND Therapeutics Inc. went bust in 2016, though Hercules says it was able to fully recover its outstanding commitment.

Last year, the company’s main challenge was unrelated to its investments. Founder and then-CEO Manuel Henriquez was forced to step aside after being charged by federal prosecutors in March for participating in the college-admissions cheating conspiracy.

Wall Street was quick to cut its expectations for publicly-traded Hercules’s shares, worried that access to capital and origination growth may be hurt. The stock has since recovered, and the company said earlier this week it had surpassed more than $10 billion in committed debt capital since its inception in 2003. Assets under management stood at $2.3 billion as of Sept. 30.

Others are also growing in the space. Avenue Capital has sought to raise about $500 million for a venture debt fund, Reuters reported in November. Specialty lenders in the business also include TriplePoint and Horizon Technology Finance, while Silicon Valley Bank is seen as an industry pioneer.

Still, the strategy isn’t for everyone. Direct-lending giant Ares Capital Corp. exited the space in 2017, offloading its $125 million portfolio of venture loans to Hercules. CEO Kipp deVeer at the time attributed the exit to the overwhelming challenge of overseeing so many small and complicated financings.

Along with being relatively small, maturities on the loans tends to be short. That makes for a fast-churn, research-intensive business. The average tenor of a Hercules loans is 36 to 48 months, but the actual average duration is just a year-and-a-half, according to Bluestein.

“Our portfolio turns about every 18 months,” Bluestein said. “The treadmill is set at 10, and you can’t stop.”

While recent high-profile venture-capital stumbles such as WeWork may make investors wary of startup financing broadly, Bluestein welcomes the greater scrutiny and caution, acknowledging there have been a number of so-called unicorns where valuations reached extreme levels.

“It’s a positive. It puts more focus on fundamentals,” Bluestein said. “Anything that makes the market more realistic is good for business.”

Walmart reshuffles leadership as nervous investors await results #ศาสตร์เกษตรดินปุ๋ย

Published January 18, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380749?utm_source=category&utm_medium=internal_referral

Walmart reshuffles leadership as nervous investors await results

Jan 18. 2020
File Photo

File Photo
By Syndication Washington Post, Bloomberg · Matt Townsend, Matthew Boyle 

Walmart’s new U.S. chief wasted no time putting his stamp on the unit, appointing his former top lieutenant as second in command and parting ways with the retailer’s head of merchandising.

Dacona Smith, a company veteran who most recently served as chief operating officer for Walmart’s Sam’s Club, will become COO under John Furner, according to a memo seen by Bloomberg News. Steve Bratspies, who ran the retailer’s merchandising unit for nearly five years, will leave the company and be replaced by long-time executive Scott McCall, the memo showed. The company also named its first ever chief product officer in Meng Chee, who joins from JPMorgan Chase & Co.

The world’s largest retailer typically makes leadership moves in January, in the weeks before its fiscal year ends. The rejig, which sent Walmart shares down nearly 1%, will focus more attention on the company as it prepares to report its fourth-quarter results on Feb. 18. All eyes are on Walmart after a slew of lackluster holiday results from retailers including Kohl’s Corp., Target Corp. and J.C. Penney Co. If Walmart follows suit, that will raise more concerns about the health of the American consumer.

Toshiba completes NuFlare takeover, snubs minority holders #ศาสตร์เกษตรดินปุ๋ย

Published January 18, 2020 by SoClaimon

#ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

https://www.nationthailand.com/business/30380728?utm_source=category&utm_medium=internal_referral

Toshiba completes NuFlare takeover, snubs minority holders

Jan 18. 2020
By Syndication Washington Post, Bloomberg · Pavel Alpeyev, Yuki Furukawa

Toshiba Corp. said it completed a takeover of NuFlare Technology Inc. despite a higher competing offer, in a snub to minority shareholders.

The Japanese conglomerate acquired 5,450,695 shares of NuFlare, clearing the 14.27% minimum needed for its bid to succeed, Toshiba said in a statement on Friday. While the 11,900 yen per share price it paid is a 45% premium to where the stock traded before news of the deal broke in November, it’s less than the 12,900 yen Hoya Corp. was prepared to pay.

Toshiba was already NuFlare’s biggest shareholder with 52.4% when it initiated the buyout. Toshiba Machine Co., an independent company that retains the former parent’s name and the second-largest NuFlare stockholder, late on Wednesday said it will sell its 15.8% stake to Toshiba.

“Just because the stock went up, it doesn’t mean it was done right,” said Travis Lundy, a special-situations analyst who writes for Smartkarma. “A lot of Japanese companies trade inexpensively precisely because shareholders don’t expect to be treated fairly.”

Hoya offered to spend as much as 148 billion yen ($1.35 billion) for NuFlare, seeking a minimum of 66.7% of the chip-equipment manufacturer. At the time, Hoya said it hadn’t discussed the bid with NuFlare or Toshiba in advance for fear of the information leaking out and driving up the price. Toshiba Chief Executive Officer and Chairman Nobuaki Kurumatani has said that NuFlare wouldn’t be able to survive outside of the group and he has no plans to sell his stake. After Toshiba’s announcement, Hoya said it would not pursue its tender any further.

“We saw it as a 50-50 chance to begin with,” said Taishi Arashida, a spokesman for Hoya. Arashida said there is still room to discuss acquisition or some kind of a partnership with Toshiba.

NuFlare dominates the market for mask writers, which are used for imprinting patterns on glass squares slightly bigger than a CD case that act as a stencil for semiconductor designs. Hoya is one of only two companies in the world — the other being Japanese compatriot AGC Inc. — capable of making the blank masks used in next-generation extreme ultraviolet lithography, and it sees a lot of synergy between itself and the acquisition target.

Toshiba hasn’t explained how it arrived at the offer price and it’s not clear how NuFlare fits into the company’s business portfolio, since chip manufacturing hasn’t been core to its business after it spun off memory operations in 2018. NuFlare has said that it saw Toshiba’s bid as the best way to increase the company’s value and that the two of its 10 board directors who had connections to Toshiba group recused themselves from voting on the matter.

“The burden was on NuFlare management and its board to look at the competing bid,” Lundy said. “This conflict of interest between parent-subsidiary and minority shareholders won’t go away.”

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