Major banks and the Stock Exchange of Thailand (SET) have warned that investors should keep a close watch on efforts to resolve the European Union’s escalating sovereign-debt problems, as the crisis could affect the Thai economy, including the capital market. Meanwhile, lower September inflation figures released yesterday could leave more room for the Bank of [...]
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Fears of investment drought
The turmoil in global financial markets and fears of recession in Europe and the United States may scare investors away from Thailand and other developing countries, which need capital to boost their economies, Finance Minister Thirachai Phuvanatnaranubala said yesterday. “I’m more worried about abrupt capital inflows and outflows than the impact of an export slowdown,” [...]
AoT says facelift will unclog terminals
Security checkpoints at Suvarnabhumi are undergoing dramatic changes under a 155-million-baht makeover designed to remove the bottlenecks choking traffic at one of Asia’s busiest airports. When construction of the new “centralised security screen checkpoints” is completed in March of next year, security screening for outgoing passengers will get a significant boost. The service area will [...]
Auto-makers look forward to sales boost
Although major auto-makers are expecting increased sales thanks to the government’s first-car buyer scheme, they are also considering adjusting product line-ups in order to avoid price cannibalism among models. Meanwhile, Excise Department director-general Pongpanu Svetarundra yesterday said the cost of the tax rebates on offer under the scheme could exceed Bt30 billion, in which case [...]
Bt8 bn sought for TAT’s ‘Miracle Thailand’ campaign
The Cabinet will be asked to approve the budget by next month before the new financial year kicks off in October. This new campaign will replace TAT’s long-running “Amazing Thailand” theme. Prime Minister Yingluck Shinawatra, who presented her government’s tourism policies to the Cabinet, hopes to boost total visitors to 30 million per year in [...]
CentralPlaza Lardprao poised to reopen in trendier fashion
Central Department Store (CDS) will reopen its Lat Phrao branch on Sunday with more than 100 brands and services aimed at stylish and trendy customers.
DTAC to go ahead wIth 3G launch thIs week
Total Access Communication (DTAC) will press ahead with the launch of its third-generation wireless broadband service in Bangkok this week as planned, despite a possible legal threat from its concession owner CAT Telecom.
Gold rush picks up as stocks sold
Local price tops B25,000 for first time. As stock markets continued their sharp decline, world gold prices soared to a record $1,779 an ounce yesterday and local prices broke the 25,000-baht barrier for the first time as investors sought safer places to park their cash.
Investors unconcerned about bubble as Bangkok set to have new tallest tower
Despite fears of a bubble from some experts, Bangkok’s property boom continues and a new 77-storey tower could take over from the Baiyoke Tower as Bangkok’s tallest building. Expected to be completed in 2014, the MahaNakorn’s unique design will surely be a standout on Bangkok’s skyline, according to AFP.
New lease on life for Don Mueang terminal
Everything in Terminal 1 at the old Don Mueang Airport remains intact and in good working condition after five years of inactivity during which it has faded from the memories of many travellers.
Featured Posts
Featured Posts on Thaivest Thai Stocks, Trade & Investment Research.
Betagro aims for market leadership
Betagro Group has set itself an aggressive goal to become the pork-export leader through its five-year business plan to achieve ... ∞
Betagro Group has set itself an aggressive goal to become the pork-export leader through its five-year business plan to achieve ... ∞
Expansion ahead for Major Cineplex
Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na ... ∞
Chairman Vicha Poolvaraluck said 26 of the screens would be developed at the Mega Bangna shopping complex in Bang Na ... ∞
Jay Mart dialling up growth in three markets
Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances ... ∞
Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances ... ∞
IVL supported by strong sales volumes
Indorama Ventures Plc is expected to show strong sales volume next year, with contributions from its 5 acquisitions made in ... ∞
Indorama Ventures Plc is expected to show strong sales volume next year, with contributions from its 5 acquisitions made in ... ∞
Saving remaining estates
The Kingdom's most powerful private-sector organisation has called for the government to protect the remaining industrial estates in the eastern ... ∞
The Kingdom's most powerful private-sector organisation has called for the government to protect the remaining industrial estates in the eastern ... ∞ - Pruksa takes great pride
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svend: I wonder why the Thai market doesn't follow the t...
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Manfred Miller: Same story, year after year, how about a proper ir...
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Stephen Gold: All this rise in gold prices seems to be fear driv...
