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Tag Archives | Thailand Inverstments

EU crisis leaves SET adrift

Chaiyaporn Nompitakcharoen Head of tactical research Bualuang Securities The SET Index dropped 0.97 per cent to close at 964.04 points after a week in which the market’s movements caused headaches for analysts. It seems that the market continues to react to surprises from Europe, which cause equities to wander aimlessly. A solution to the debt […]

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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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Toyota readies plants for worst-case floods

Although Toyota Motor Thailand says the worst-case scenario is unlikely, the country’s largest automobile manufacturer is still preparing flood prevention plans for its three plants, two of which face flooding risks. Vudhigorn Suriyachantananont, senior vice-president of TMT’s administration division, said Toyota had been preparing for two weeks, as it faces risks from slowly draining water. […]

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Thai floods create demand for short-term rentals in Hua Hin

Sansiri’s property management unit Plus Property Co Ltd has been approached by over 150 Thai clients in late October when the floods approached the capital, applying for short rental contracts in the resort city of Hua Hin. The units that have been shown most interest are those for a stay of under 3 months, with […]

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Global fallout of Thai floods

Thailand’s the worst flooding in half a century has forced a number of parts makers and Japanese manufacturers to halt production in Thailand, raising fears the flooding may affect manufacturing worldwide. The Yomiuri Shumbun reported today that all five key industrial zones were under water in the historic city of Ayutthaya, about a one-hour drive […]

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Electronics, autos take a soaking

California-based Western Digital, the world’s largest hard-disk drive (HDD) maker, expects its exports from Thailand will decrease by 40% this year due to the severe flooding. The company estimates a two-month production halt and then another four to six months to resume full operations, said Suwat Liptapanlop, a former deputy prime minister who chaired a […]

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Show-stopping growth for Thai developers

Many developers in Thailand are holding back on development of certain properties due to the financial results of Thailand’s top 10 stock exchange listed property companies. The results showed growth in the third quarter. The better than expected financial result is not the only reason for delays. Developers are also awaiting the changes to labour […]

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