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WORLD

Swedish firms want to adopt the euro

AFP, Published on 19/02/2012

» Swedish companies, relatively unscathed by the European debt crisis, dislike the Swedish economic model's inertia, want reforms to boost their competitiveness, and want to adopt the euro, their representatives say.

BUSINESS

Indian hotel invasion nears

Business, Nanchanok Wongsamuth, Published on 18/02/2012

» About 20 large Indian hotel chains are expected to invest in Thailand within the next 3-5 years to benefit from the growing tourism industry, says Satish Sehgal, president of the Thai-India Business Association.

BUSINESS

First Park Hyatt for Thailand on the cards

Business, Chadamas Chinmaneevong, Published on 18/02/2012

» Hyatt Hotels Corporation is positioning its future Park Hyatt Bangkok to be one of the top hotels in the capital and serve as a landmark for high-end foreign travellers.

THAILAND

Sansiri chief met PM at hotel

News, Published on 18/02/2012

» Srettha Thavisin, president of listed property developer Sansiri Plc, yesterday confirmed rumours he met Prime Minister Yingluck Shinawatra last week at Bangkok's Four Seasons Hotel.

THAILAND

Insurance for disaster

News, Soonya Vanichkorn, Published on 18/02/2012

» Natural catastrophe insurance is expected to start being sold to the public by mid-March.

BUSINESS

Diesel subsidy extended through March

Business, Soonya Vanichkorn, Published on 18/02/2012

» The government wants to hold petrol prices steady as long as possible, extending the subsidy on diesel excise tax for another month to the end of March, says Kittiratt Na-Ranong, the deputy prime minister and finance minister.

THAILAND

Srettha: 'Yes, I met PM'

Online Reporters, Published on 17/02/2012

» Property tycoon Srettha Thavisin admitted on Friday that he met Prime Minister Yingluck Shinawatra at the Four Seasons Hotel last week.

TRAVEL

Location, Location

Guru, Pornchai Sereemongkonpol, Published on 17/02/2012

» While going to the beach often means wading into the ocean with all your clothes on (for Thais) or laying on the sand till you resemble a bright red chilli pepper (for tourists), the recently opened ibis Hua Hin is perfectly situated for vacationers who want to explore the seaside town.

WORLD

Spain recession looms, bank stocks tumble

AFP, Published on 17/02/2012

» Recession concerns and banking trauma haunted Spain's struggling economy Thursday, with data showing that output shrank by 0.3 percent in the final quarter of last year.

BUSINESS

Anti-money laundering assurances urged

Business, Somruedi Banchongduang, Published on 17/02/2012

» Business leaders are again asking the government to accelerate anti-money laundering legislation to boost confidence among the international Financial Action Task Force on Money Laundering (FATF) and keep Thailand's risk level on the watch list (WL).