Tag Archives | Thailand Stocks

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.

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Kittiratt pushes for policy rate cut

Deputy Prime Minister Kittiratt Na-Ranong yesterday put more pressure on the Bank of Thailand, supporting the finance minister’s view that the policy interest rate should be cut by between a quarter and one percentage point.

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Siam Makro projects B100bn sales in 2012

Siam Makro Plc, the country’s largest operator of cash-and-carry stores, expects its sales to hit 100 billion baht next year driven by higher domestic consumption stimulated by government spending and higher wages.

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THAI assured of ‘no change’

Newly-appointed Transport Minister ACM Sukampol Suwannathat vowed yesterday to press ahead with the Pheu Thai Party’s transport policies and gave an assurance that he would not introduce a management change at Thai Airways International.

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Centel has visions of Europe

Central Plaza Hotel Plc (Centel) says it will enter the European market as part of its 4.5-billion-baht expansion plan from 2012-15.

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Plea for business focus

New Finance Minister Thirachai Phuvanat-naranubala is questioning the Bank of Thailand’s hawkish focus on inflation by lifting the policy interest rate again, saying it would be a key obstacle for businesses.

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The roller-coaster continues

Recap: The Stock Exchange of Thailand caught the S&P Flu along with the rest of the world last week but staged a modest rebound after the US Federal Reserve pledged to keep interest rates near zero for two more years if that’s what it takes to get the world’s largest economy moving again.

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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.

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European Food plans expansion into Asean

European Food, a leading local manufacturer of confectionery products, has developed a medium-term strategy to meet the challenge of the coming Asean Economic Community, including a plan to set up its first overseas factory somewhere in the region.

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Subaru assembly possible in Thailand

The presence of a Mitsubishi Fuso truck plant will increase the chances for Thailand to assemble Subaru automobiles, according to Glenn Tan, executive director of Tan Chong International Ltd, the Hong Kong-listed motor distribution, property and trading group.

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