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Search Result for “flood”

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BUSINESS

Full speed ahead for Continental as AEC approaches

Business, Nareerat Wiriyapong, Published on 31/01/2012

» German auto-parts maker Continental AG has confirmed plans for a 5-billion-baht investment in Thailand despite last year's flooding, aiming to capitalise on an expected surge in intra-regional trade once the Asean Economic Community (AEC) emerges in 2015.

BUSINESS

FPO: Economy up in December

Online Reporters, Published on 30/01/2012

» The Thai economy has already risen above its lowest point, which followed the worst flood in 50 years, Fiscal Policy Office (FPO) director general Somchai Sujjapongse said Monday.

BUSINESS

DKSH rethinking its logistics

Business, Pitsinee Jitpleecheep, Published on 30/01/2012

» DKSH (Thailand), a leading trading company, is revising its business strategy after its distribution centre and two factories in Ayutthaya were inundated during last year's heavy floods.

BUSINESS

Floods, wage hike to spur condo boom

Business, Kanana Katharangsiporn, Published on 30/01/2012

» PATTAYA : The condominium market is poised for a boom in the second half this year, driven by new demand from the public sector's salary increase and new buyers seeking refuge from natural disasters.

BUSINESS

Global optimism and fed view help set

Business, Published on 30/01/2012

» Recap:The Stock Exchange of Thailand went up in the middle of last week after the Federal Open Market Committee sent a signal of easing monetary policy. Global investors expected it has high possibility to have the third QE money-injection scheme. Therefore, money are moving to all risky assets and Asia's emerging markets. Foreign investors were a net buyer for three consecutive days.

BUSINESS

State seeks to improve stubbornly low rice prices

Business, Phusadee Arunmas, Published on 28/01/2012

» The government plans to push the average price of exported rice to US$700 a tonne and reap revenue of 200 billion baht by focusing on quality over quantity, says newly appointed Commerce Minister Boonsong Teriyapirom.

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BUSINESS

Kittiratt seeks doubling of flood insurance fund

Business, Published on 27/01/2012

» The government is considering whether to double to 1 trillion baht the maximum coverage of a proposed insurance fund for losses from natural catastrophes.

BUSINESS

Hana budgets US$45m for Thai and China expansion

Business, Nareerat Wiriyapong, Published on 27/01/2012

» The SET-listed Hana Microelectronics will spend US$45 million this year to expand capacity at its factories in Thailand and China as well as to recover production at its flood-hit Ayutthaya facility.

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BUSINESS

SCG allots B15bn to acquire TPC

Business, Nareerat Wiriyapong, Published on 26/01/2012

» Siam Cement Group (SCG) announced it will spend 15 billion baht to acquire all of SET-listed Thai Plastic and Petrochemicals Plc (TPC), including a mandatory tender offer as part of the group's expected capital expenditure of 35-40 billion baht this year.

BUSINESS

MPC cuts rate by quarter of a point

Business, Published on 26/01/2012

» The Bank of Thailand's seven-member Monetary Policy Committee (MPC) unanimously agreed to cut the policy interest rate by a quarter percentage point to 3%, marking a cumulative 50 basis points in rate cuts since floods ravaged the country in November.