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McDonald’s cooks up plan B

McThai Co, the local operator of McDonald’s fast-food restaurant chain, set a contingency plan to reduce operational risks during the massive floods. CEO Hester Chew said it recently opened its emergency warehouses and distribution centres for frozen and dry goods on Rama II Road (Bangkok), the motorway in Chon Buri and in Chiang Mai to [...]

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Exporters worried about baht policy

Exporters are uncomfortable with the prospect of a strengthening baht, as they want a stable exchange rate to help them keep pace amid tough global competition

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Thailand aims for top 10 carmaking status by 2015

Thailand’s auto industry is targeting production of 3 million vehicles annually by 2015, pushing the country into the top 10 from its present 12th ranking.

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Ikea contract a big boon for Thai exporter

S.P.S. Group, a major local furniture exporter, is targeting 5 billion baht worth of exports in three years after being named a major supplier to Ikea, the popular Swedish do-it-yourself furniture chain.

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TTA target of hostile bid

Management of Thoresen Thai Agencies (TTA) is ready to consider every option proposed by a group of retail stock investors including a takeover bid for the country’s largest dry-bulk carrier.

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Japanese beverge firm ‘denies being part of Pepsi’

SBK issues clarification to SEC on Serm Suk holdings; says it is not involved in the conflicts between rival groups.

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Good Q1, but threats remain

The National Economic and Social Development Board warned the fragile recovery in the US economy would be a key threat to the Thai economic growth this year.

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Thailand slips to 27 in global competitiveness ranking

Translating the notion of a knowledge- and creativity-based economy into practice.

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2.5 billion Baht RCL issue

Regional Container Lines Plc (RCL), the country’s biggest listed traded sea-cargo shipper, plans to sell up to Bt2.5b worth of three-year bonds with a coupon rate of 5.9%, the company said in a filing to the SEC yesterday.

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