• BUSINESS

  Stocks up 1.45% on Monday

  Online Reporters, Published on 03/02/2014

  » Thai stocks rose 18.53 points, up 1.45%, to 1,292.81 points at the end of trading session on Monday, with trade value of 25.81 billion baht.

• BUSINESS

  A rotten harvest

  Business, Published on 03/02/2014

  » In the two years since the launch of the government's rice pledging policy, where do we stand now? Silos across the country are filled to the brim with millions of tonnes of grain, as the government has become the sole buyer of rice in the country but been slow to sell. Farmers nationwide are protesting about delayed payments as the cost of the scheme soars. And taxpayers are facing hundreds of billions of baht in losses, with the bill rising with each passing day due to the fact that the programme is a bald-faced subsidy paying farmers up to 40% above the market price.

• BUSINESS

  The World Economy's Impossible Demand

  Business, Published on 03/02/2014

  » WARSAW The global economy's glory days are surely over. Yet policymakers continue to focus on short-term demand management in the hope of resurrecting the heady growth rates enjoyed before the 2008-09 financial crisis. This is a mistake. When one analyses the neoclassical growth factors labour, capital and total factor productivity it is doubtful whether stimulating demand can be sustainable over the longer term, or even serve as an effective short-term policy.

• BUSINESS

  PSL set to benefit from rate upswing

  Business, Nop Tephaval, Published on 03/02/2014

  » Shipping rates are expected to see major improvement from the end of next the quarter onwards thanks to improving global economies, benefiting Thailand's major dry-bulk carriers such as Precious Shipping Plc (PSL), say senior executives.

• BUSINESS

  Unfazed Singaporean investors still flocking to Chiang Mai

  Business, Kanana Katharangsiporn, Published on 03/02/2014

  » CHIANG MAI - Despite the political turmoil, Singaporean investors will continue property development in Chiang Mai due to growth driven by airport expansion, a new convention centre and Asean integration.

• BUSINESS

  Non-bank loan providers look afar

  Business, Somruedi Banchongduang, Published on 03/02/2014

  » Non-bank personal loan providers are keen on business expansion in neighbouring countries, where there is growth potential away from Thailand's faltering economy and political upheaval.

• BUSINESS

  GSB pares back loan growth goal

  Business, Wichit Chantanusornsiri, Published on 03/02/2014

  » The state-owned Government Savings Bank (GSB) is set to lower its lending growth target and raise loan-loss provisions this year amid the heightening economic and political uncertainties, says its top official.

• BUSINESS

  Leadership in today's ever-changing 'New Normal'

  Business, Kriengsak Niratpattanasai, Published on 03/02/2014

  » 'Coach Kriengsak, I liked the quotation you posted on your Facebook fanpage the other day: 'We're unable to say, "Normally, we do" because we have a "New Normal" every day,'" Don tells me. "That's so true. That's why I'd like to discuss uncertainty with you today."

• BUSINESS

  SET sinks on China health, Fed taper, political woes

  Business, Published on 03/02/2014

  » Recap: The rout in Asian and emerging stock markets began last week on concerns over the health of China after manufacturing dipped to a six-month low. The sharp fall in Argentina's and Turkey's currencies and another cut by the US Federal Reserve in its monthly asset purchases also sparked investors' fears of a continuing exodus of offshore funds from emerging markets. Political tensions at home also clouded Thai stock market sentiment.

• BUSINESS

  Best comes at a price

  Business, Nop Tephaval, Published on 03/02/2014

  » Advertisements for pest control are a familiar sight on electricity or telephone poles across Thailand, but Sutee Leelayou is not impressed.

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