Business News

Loan clients urged to be well-prepared for higher finance costs

By k on July 16, 2010

BANGKOK, July 16 – Loan customers, particularly small- and medium-size enterprises (SMEs), must have well-prepared business plans to cope with higher financial costs in the face of an upward interest trend, according to the Kasikorn Research Center (KRC), a leading Thai financial think tank. Kasikorn said that major domestic commercial banks had begun raising the [...]

Thai exporters urged to watch out for European economic crisis

By k on July 12, 2010

BANGKOK, 12 July 2010 (NNT) – The Ministry of Commerce has warned Thai exporters to Europe to be on alert of the current situation in the European market amidst the looming economic crisis in the region. Ms Srirat Rastapana, Director-General of the Department of Export Promotion (DEP) under the supervision of the Ministry of Commerce, [...]

Canned coffee market set to expand this year

By k on July 2, 2010

BANGKOK, July 2  – Thailand’s domestic market for canned coffee drinks is set to grow 4-6 per cent this year with a market value of around Bt10 billion, boosted by the economic recovery, diversification of product lines, and higher demand among consumers, according to the Kasikorn Research Center. The leading think tank expected the World [...]

European economic crisis to affect Thailand’s exports

By k on July 1, 2010

BANGKOK, July 1 (TNA) – The economic crisis in Europe is very likely to impact Thailand’s exports and the flow of foreign investment into the country, according to the Export and Import Bank of Thailand (EXIM). EXIM Bank president Apichai Boontherawara said he believed the European debt turmoil would dampen Thailand’s exports, particularly of luxury [...]

SET joins with Tisco, Deutsche Bank for road show in London

By k on June 30, 2010

BANGKOK, June 30 (TNA) – The Stock Exchange of Thailand (SET) has teamed up with Tisco Securities and Deutsche Bank to hold a road show in London on July 12-13 to tell and show leading European institutional investors about economic, political and investment conditions in Thailand. SET president Charamporn Jotikasthira revealed executives of 10 leading [...]

5 Border Trade Promotion Centers set up to raise trade volume

By k on June 29, 2010

BANGKOK, 29 June 2010 (NNT) – The Commerce Ministry is preparing to set up the Border Trade Promotion Center at five locations in the border provinces, in order to expand trade and investment with neighboring countries. Deputy Permanent Secretary for Commerce Kritsada Piampongsan unveiled the Ministry’s policy on border trade that five centers for border [...]

FTI: 2010 Thai food exports to expand 10%

By k on June 25, 2010

BANGKOK, 25 June 2010 (NNT) – Thailand’s food exports this year are projected to expand by 10%, with a total export value of 82 billion THB, according to the Food Industrial Group of the Federation of Thai Industries (FTI). FTI Vice Chairperson, Visit Limprana, predicted that food exports this year would grow by at least [...]

Top French firms still confident about investing in Thailand

By k on June 24, 2010

BANGKOK, June 24 (TNA) – Executives of France’s largest companies affirmed they had no plan to withdraw investment from Thailand and was considering investing more in the country, according to Foreign Minister Kasit Piromya. Mr Kasit made the revelation during his official visit to Europe as part of the government’s effort to restore foreign investor [...]

Food export value expected at Bt800 billion

By k on June 23, 2010

NONTHABURI, June 23 (TNA) – The sales value of Thai food exports this year is expected to reach Bt800 billion, an increase of around 4-6 per cent over last year’s total sales, but lower than the previous 10-per cent forecast, said National Food Institute (NFI) executive vice president Amorn Ngammongkolrat. The reasons contributing to the [...]

Securities and Exchange Commission finds irregularity in Thaicom stock trading

By k on June 21, 2010

BANGKOK, June 21 (TNA) – Thailand’s Securities and Exchange Commission (SEC) found an irregularity in communication satellite firm Thaicom Pcl stock trading last week and will probe on using inside information and alleged manipulation of its share prices, a senior SEC official said on Monday. Charuphan Intararoong, head of the SEC’s corporate affairs department said [...]

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