Business News

Business community disagrees with House dissolution

By k on March 16, 2010

BANGKOK, Mar 16  (TNA) – Most Thai businesspeople disagree with the call by the Red Shirt movement to dissolve the House because it will negatively affect the overall economy, according to Thai Chamber of Commerce Deputy Secretary-General Pornsilp Patcharintanakul.
Should the House be dissolved, he said, it would take at least six months to put the [...]

Stock exchange rebound into positive after PM rejects House dissolution

By k on March 15, 2010

BANGKOK, 15 March 2010 (NNT) – The Thai stock market has moved into the positive zone after the prime minister refused to dissolve the House by noon today as demanded by the anti-government United Front of Democracy Against Dictatorship (UDD).
The activity in the stock exchange fluctuated up and down to both negative and positive zones, [...]

Thai stock indexes to fluctuate in narrow range next week

By k on March 14, 2010

BANGKOK, 14 March 2010 (NNT) – Thai stock indexes were expected to swing in a narrow range next week as a result of the domestic political affair, according to the Kasikorn Research center (KResearch). KResearch predicted the movement of Thai stock indexes from 15 to 19 March, reporting that the indexes would slightly [...]

New trading policy to boost number of Japanese investors

By k on March 12, 2010

BANGKOK, 12 March 2010 (NNT) - Japanese investors will likely pay attention to the new trading policy rather than political problems.
According to Finance Minister Korn Chatikavanich, current political problem would not hurt investor confidence and would not raise any concerns during his trip to Japan on 12-13 March. Japanese investors would rather be attentive to [...]

Consumer confidence plunges first time in 4 months

By k on March 11, 2010

BANGKOK, 11 March 2010 (NNT) – February’s consumer confidence index stands at 78.4% which declined for the first time since November last year, according to the University of Thai Chamber of Commerce (UTCC).
UTCC Vice Rector for research affairs, Saowanee Thairungroj, said the consumer confidence has been moving under the 100 mark for 67 consecutive months [...]

Thailand’s Consumer Confidence Index in February drops 1st time in 4 months

By k on March 11, 2010

BANGKOK, March 11 (TNA) – Thailand’s Consumer Confidence Index (CCI) in February dropped for the first time since November last year, according to a survey conducted by University of the Thai Chamber of Commerce (UTCC).
The CCI in February fell to stay at 78.4, which was the 67th consecutive month it was under 100, according to [...]

Security act invocation to affect confidence in short run: Thai central bank

By k on March 10, 2010

BANGKOK, March 10 (TNA) – The Cabinet decision to Implement Thailand’s Internal Security Act (ISA) in the capital and its environs to prevent any eruption of violence during the Red Shirt protests later this week may negatively affect investor confidence and domestic spending, according to the Bank of Thailand (BoT), but it will last only [...]

Thailand approves $19 million loan to Laos for road construction

By k on March 9, 2010

Thailand approves $19 million loan to Laos for road construction

BANGKOK, March 9 (TNA) – The Thai Cabinet on Tuesday gave a green light to lend Bt655 million (US$19.8 million) to neighbouring Laos PDR for two road improvement projects, according to Finance Ministry.

The Neighbouring Countries Economic Development Cooperation Agency (NEDA) reported that financial assistance worth Bt655 [...]

Optimistic growth claimed for gems and jewelry industry

By k on March 8, 2010

BANGKOK, 8 March 2010 (NNT) - The Department of Export Promotion is optimistic that the Thai gems and jewelry industry has potential for expansion on the Italian market.
Director General of the Department of Export Promotion, Ministry of Commerce, Srirat Rastapana stated that the export trend of gems and jewelry in Thailand was likely to expand [...]

Commerce Ministry urges exporters to use Australia, NZ, ASEAN trade pact

By k on March 6, 2010

BANGKOK, March 6 (TNA) — Thailand’s Commerce Ministry has urged exporters to better understand more on benefits offered under the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) agreement which will take effect March 12, a senior ministry official said.
Foreign Trade Department director-general Vichak Visetnoi said the agency will hold a seminar in Khon Kaen Thursday to [...]

Next Page »