Thailand News

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NationMultimedia.com - Business

Shanghai Expo offers job opportunities to Thai students

The Shanghai World Expo offers an opportunity for a group of Thai students interested in working in China or with Thai firms doing business with that country to hone their skills. The Expo has drawn millions of visitors from around the world. Among them were Thai officials, businesspeople, journalists and tourists.

Asian Property refocuses on middle market

Asian Property Development has sharpened its competitive edge by reorganising to focus on the middle-income market with residences priced up to Bt2 million and after-sales service.

MBK believes property business will push up profit

MBK, operator of the MBK Centre, expects its net profit to jump in the next few years, buoyed by its real-estate business.

CEN ups target

Capital Engineering Network (CEN) has revised upward the revenue-growth target of its subsidiary, Rayong Wire Industries, from 10 per cent to 23 per cent.

Kim Eng sets up fund company

Kim Eng Securities (Thailand) has set up a wholly owned subsidiary, Kim Eng Asset Management (Thailand), to strengthen investment services and give value returns to clients.

Bulls likely to continue on SET

The stock market's bull-run is expected to continue, with one brokerage house foreseeing the SET Index rising to 1,100 points within six months.

Strong currency hurts gold futures trade

Gold-futures trading in the past three months dropped 10 per cent from the preceding three months because of the baht's appreciation, which pressured domestic gold prices, a brokerage said yesterday.

TAT launches online schemes to lure tourists

The Tourism Authority of Thailand (TAT) is approaching Internet users through nine digital tourism marketing campaigns, launching today. (September7).

Tops operator aims to boost its brands

Central Food Retail, operator of Tops Supermarket, plans to triple the market share of its own brands in the next three years, senior vice president Chiranun Poopat said.

New chairman seeks to expand influence of FeTCO

Paiboon Nalinthrangkurn, the new chairman of the Federation of Thai Capital Market Organisations, vows to push aggressively for FeTCO to play a broader role in the economy, starting with representation on the Joint Public Private Committee.

SET, SEC seek to protect stock trading during 3G auction

The Stock Exchange of Thailand and the Securities and Exchange Commission will discuss with the telecom regulator ways to prevent the results and related information from the 3G2.1GHz licence auction from affecting stock trading and investors.

Ministry wants 'non-harmful' Map Ta Phut projects freed up in 2 weeks

The Industrial Estate Authority of Thailand and the Department of Industrial Works, the state bodies responsible for granting operating and construction licences to the projects in Map Ta Phut, will immediately consider the details of the suspended projects outside the list of environmentally harmful activities, aiming to release those projects within two weeks.

BOT may need to recruit senior staff outside country

Many senior executives of the Bank of Thailand will retire in the next few years and could force the central bank to recruit more outsiders to fill the vacancies.

Nova deal makes Centara Hotels nation's largest chain

Centara Hotels and Resort has landed more management contracts for its two new brands "Centra" and "Centara Residence and Suites".

Telecoms to be fined Bt5m per month for missing MNP deadline

The board of the National Telecommunications Commission (NTC) yesterday made a resolution to slap a fine of Bt166,667 per day, or about Bt5 million per month, on each of five telecom operators for failing to meet the August 31 deadline jointly to get the mobile number portability (MNP) system off the ground.

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Last modified: 15 Jan 2010