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BUSINESS

SET down 2.29 points at opening

Online Reporters, Published on 19/11/2013

» Thai stocks opened down 0.16% at the start of trade this morning.

BUSINESS

SET down 7.28 points at midday

Online Reporters, Published on 19/11/2013

» The Stock Exchange of Thailand main index went down 7.28 points, or 0.51%, to close at 1,416.68 points at the end of trading session this morning. The trade value was 14.81 billion baht, with 2.63 billion shares traded.

BUSINESS

Decree on personal tax rates approved

Online Reporters, Published on 19/11/2013

» The cabinet has approved in principle a royal decree on new progressive rates of personal income tax to be implemented for the 2013 and 2014 tax years, according to government spokesman Teerat Ratanasevi.

BUSINESS

SET index drops 11.52 points

Online Reporters, Published on 19/11/2013

» The Stock Exchange of Thailand main index went down 11.52 points, or 0.81%, to close at 1,412.44 points at the end of trading session this afternoon. The trade value was 33.07 billion baht, with 5.77 billion shares traded.

BUSINESS

NESDB slashes 2013 growth to 3%

Business, Published on 19/11/2013

» The government has cut its growth forecast for this year after the economy in the third quarter expanded at a slower pace due mainly to weakening exports and shrinking consumption and investment.

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BUSINESS

TDRI: Income gap widens despite populist outpouring

Business, Published on 19/11/2013

» Thailand's current fiscal policies have failed to address income inequality and should be redirected from populist schemes to improving social welfare for the poor, says the Thailand Development Research Institute (TDRI).

BUSINESS

Finding the Least-Worst method of mobile app taxation

Business, Lawalliance Limited Company, Published on 19/11/2013

» Smartphones and tablets make your life easier, and there are many applications and content services that can be purchased and downloaded online.

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BUSINESS

Bad-loan rate holds steady

Business, Pathom Sangwongwanich, Published on 19/11/2013

» Despite an increase in non-performing loans (NPLs) and overdue consumer loans during the third quarter, the bad-loan ratio remains stable due to an increase in loans outstanding.

BUSINESS

Myanmar confirms ITD deal still firm

Business, Nareerat Wiriyapong, Published on 19/11/2013

» The 75-year concession granted to Italian-Thai Development Plc (ITD) in Dawei remains in place, but construction of the deep-sea port has stopped while the participation of international investors is being arranged, a spokesman for the Myanmar government said.

BUSINESS

Bangkok Glass IPO next year

Business, Published on 19/11/2013

» Bangkok Glass Industry Co, one of Thailand's leading manufacturers of glass and plastic containers, plans to float 241.4 million shares in an initial public offering on the SET next year.