Thai baht is set to weaken following foreign capital outflows from the stock and bond markets. The Thai baht today is traded at Bt35.13 per US dollar, gaining nearly 2 per cent since the beginning of this year. Maybank Kim Eng Securities (Thailand) expects a reversal of the trend this month due to tightening by […]
Tag Archives | Thailand Stocks
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.
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.
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.
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.
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.
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.
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.
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.
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.