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BUSINESS

Mahagitsiri Group eyes Myanmar hotel

Business, Nuntawun Polkuamdee, Published on 07/01/2013

» Mahagitsiri Group plans to invest in a five-star hotel in Myanmar but will focus on alternative energy, entertainment and technology in the Thai market.

BUSINESS

With rice scheme, BAAC a bond giant

Business, Nuntawun Polkuamdee, Published on 20/12/2012

» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has issued more than 300 billion baht worth of bonds this year, a record amount.

BUSINESS

Analysts bullish on local stocks in 2013

Business, Nuntawun Polkuamdee, Published on 19/12/2012

» The Securities Analysts Association (SAA) is upbeat that the Thai stock index will continue its strong rise to 1,471 points, forecasting earnings growth of 15.2% for listed companies and 4.6% economic growth next year.

BUSINESS

Farm sector drives BAAC bond growth

Business, Nuntawun Polkuamdee, Published on 25/10/2012

» Bonds issued by the Bank for Agriculture and Agricultural Cooperatives (BAAC) have reached a record 122 billion baht this year, more than half the combined 190 billion baht issued by all state enterprises.

BUSINESS

Plenty to cheer about as FED and EU news buoys investors

Business, Nuntawun Polkuamdee, Published on 17/09/2012

» Recap: The Stock Exchange of Thailand moved up steadily as investors worldwide cheered the long-awaited arrival of QE3 in the United States and a German court ruling that clears the way for rescue spending in the euro zone. The SET Index moved in a range of 1,244.61 and 1,279.67 points and closed at 1,276.12, up 2.4% from the week before. Liquidity improved with average trading value of 36.25 billion baht, helped by turnover of 57.21 billion on Friday.

BUSINESS

Price of gold expected to rise further

Business, Nuntawun Polkuamdee, Published on 11/09/2012

» The price of gold is expected to rise further to US$1,950 an ounce this year due to increasing demand from central banks as they shift reserves from major currencies that have greater risks to more secure assets including gold, says Tisco Wealth Management, Tisco Bank's investment advisory unit.

BUSINESS

Thai fund managers eye global market

Business, Nuntawun Polkuamdee, Published on 06/09/2012

» With Thai interest rates expected to remain low until mid-2013, fund managers are looking to global bond funds to give investors the potential for higher returns.

BUSINESS

Se-ED, Amarin agree to shelve book-distribution fee hikes

Business, Nuntawun Polkuamdee, Published on 06/08/2012

» Se-Education Plc (Se-Ed) and Amarin Book Center (Naiin), the country's two largest bookstore chains, have agreed to postpone plans to raise distribution fees charged on publishers.

BUSINESS

Capital flows to Asia seen continuing

Business, Nuntawun Polkuamdee, Published on 26/07/2012

» Equity funds are expected to continue to attract inflows in the second half of the year as capital flows shift to Asia due to weakness in the US and European markets, according to Morningstar Research (Thailand).

BUSINESS

K-Asset to raise B5bn for solar farm

Business, Nuntawun Polkuamdee, Published on 23/07/2012

» The first infrastructure fund worth 5 billion baht will be launched soon by Kasikorn Asset Management in order to invest in a solar farm operated by SPCG, Asia's largest solar cell operator.