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BUSINESS

Prasarn: Data must be checked

Business, Post Reporters, Published on 22/05/2013

» The Bank of Thailand stands ready to ease its monetary policy if the country's economic growth loses momentum but must first consider in detail what is causing the weaker-than-expected growth before making any decision, says governor Prasarn Trairatvorakul.

BUSINESS

Big policy rate cut 'may cause bubbles'

Business, Published on 22/05/2013

» The Bank of Thailand should not cut the policy interest rate significantly, as it could lead to bubbles in the market, economists have warned.

BUSINESS

Kittiratt to introduce measures to cool baht

Business, Published on 22/05/2013

» Deputy Prime Minister Kittiratt Na-Ranong will this week impose some of four measures suggested by the Bank of Thailand to weaken the baht.

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BUSINESS

Cooking-gas hike delayed

Business, Published on 22/05/2013

» The government has agreed to postpone a planned hike of cooking gas prices for household use for one month.

BUSINESS

INTUCH risks being ineligible for MSCI

Business, Published on 22/05/2013

» The unclear nationality of one of the major shareholders of Shin Corporation Plc (INTUCH) may cause the stock to be ineligible for the MSCI Index, according to a statement by MSCI Inc, a global provider of investment-decision support tools.

BUSINESS

Changing retail logistics in vietnam

Business, Published on 22/05/2013

» Retail has been at the forefront of economic development in Vietnam in recent years. According to AT Kearney's Global Retail Development Index (GRDI), Vietnam ranked 30th last year, down from ninth in 2009, reflecting the impact of the global economic slowdown. Despite that setback, the potential for growth is still there based on the high ratio of affluent young professionals and a steady increase of new middle-class consumers, especially in urban areas.

BUSINESS

Tokio Marine keeps the ship steady

Business, Charoen Kittikanya, Published on 22/05/2013

» XI'AN : Tokio Marine Life Insurance (Thailand) is upbeat about continued strong growth this year driven by pension policies and its strong agency channel.

BUSINESS

Aussie firms seek partners

Business, Published on 22/05/2013

» With foreign investment flowing into Myanmar, Australian companies are keen to find Thai partners to gain a solid investment foothold in the previously military-ruled neighbour, particularly in areas that are closed to foreign firms in Thailand.

BUSINESS

VGI ramps up skytrain, Airport Rail Link coverage

Business, Chadamas Chinmaneevong, Published on 22/05/2013

» VGI Global Media Plc, the advertising space provider under the BTS Group, will begin selling ads in cross-category packages for the skytrain on Oct 1.

BUSINESS

MAI companies post 54% profit jump

Business, Published on 22/05/2013

» MAI-listed companies posted a combined net profit of 1.98 billion baht for the first quarter, up by 54.3% year-on-year, thanks to better profit margins.