The Bank of Thailand should not cut the policy interest rate significantly, as it could lead to bubbles in the market, economists have warned.
Deputy Prime Minister Kittiratt Na-Ranong will this week impose some of four measures suggested by the Bank of Thailand to weaken the baht.
The government has agreed to postpone a planned hike of cooking gas prices for household use for one month.
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.
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.
XI'AN : Tokio Marine Life Insurance (Thailand) is upbeat about continued strong growth this year driven by pension policies and its strong agency channel.
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.
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.
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.
The chief executive of Country Group Securities (CGS) has entered into a bidding race to take over Asia Credit Securities but insisted he will retain his top job at CGS.
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