26 February 2010
First-quarter economic growth is likely to accelerate from the strong 5.8% year-on-year growth posted in the final three months of last year, says the Fiscal Policy Office. But such optimism depends on one major risk factor – that the current political tensions are resolved without widespread outbreaks of violence.
Posted in Economy, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
26 February 2010
Shin Corp and its cellular flagship, Advanced Info Service, say today’s Supreme Court verdict on the assets-seizure case of ousted prime minister Thaksin Shinawatra should have no affect on their business operations, because the case has nothing to do with them. (The Nation)
Posted in Company News, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
25 February 2010
The Siam Cement Group and its two foreign partners, Dow Chemical and Mitsui, as well as the PTT Group and BRP Steel, have won the consent of the Central Administrative Court to proceed with projects in Map Ta Phut. (The Nation)
Posted in Economy, Government & Politics, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
25 February 2010
Passenger traffic through Thailand’s six main airports in January hit 5.47m, a historic monthly high, says the Airports of Thailand Plc. The surge was thanks to the global economic recovery, reduced political unrest and peak travel demand.
Posted in Airports of Thailand, Company News, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
24 February 2010
Japanese investors still see Thailand as a promising economy, despite growing concern over political instability, according to a survey by the Japan Bank for International Co-operation (JBIC). In its prospects for Japanese companies abroad over the next three years, Thailand ranked fourth in Asia after China, India and Vietnam. Thailand rose one place from 2008, [...]
Posted in Economy, Industry News, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
24 February 2010
Although economic conditions remain blue, Thailand’s overall ICT market is expected to grow by 7.2% thus year. Computer services will likely see potential growth consecutively, but local PC makers are finding it harder to survive.
Posted in Economy, Industry News, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
23 February 2010
Bank of Thailand will gradually increase interest rate this year, said yesterday Tarisa Watanagase, central bank governor. She, however, said that the central bank has to move very carefully due to risk factors, such as stage of global economy.
Posted in Economy, Government & Politics, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
23 February 2010
His Majesty the King has approved the appointment of four new members to the National Telecommunications Commission (NTC) board, according to NTC acting secretary Thakorn Boonyasith. The four new members are Suranand Wongwittyakamjorn, Col Natee Sukolrat,Banthoon Suphakvanich and Phana Thongmeearchom. Three of them replaced members who resigned by drawing lots in 2007 after finishing half [...]
Posted in Industry News, Telecommunication, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
22 February 2010
The Mass Rapid Transit Authority Friday met with the 25 companies that purchased bidding documents for the Blue Line, to give them an overview of the project. It was the first pretender meeting for the line, which will run from Hua Lamphong-Bang Khae and Bang Sue- Tha Phra, before bids are submitted on April 29.
Posted in Industry News, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
22 February 2010
Thailand’s exports grew for the third consecutive month in January, in line with three major positive factors: the global economic recovery, increased prices for farm goods, and the elimination of tariffs under the Asean Free Trade Agreement, which is an import engine driving further economic growth. (The Nation)
Posted in Economy, Industry News, Thai Stock Market, Thai Stocks, Thailand Investments0 Comments
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