Both the stock market and the baht yesterday rose to their highest levels since mid-2008 on foreign investors' confidence the red-shirt protests would not escalate into violence.
The Commerce Ministry will soon introduce a price-control system for sugar across the country to ensure fair treatment for consumers after finding abnormally high retail prices and a supply shortage in 42 provinces.
Most Asean destinations, including Thailand, increased the prices of their travel packages by 8 to 17 per cent at this year's International Tourism Bourse (ITB), which was held in Berlin last week.
The Japan External Trade Organisation is
focusing on enhancing the Thai industrial |
sector's competitiveness and Thailand's role as
the hub of the Greater Mekong Subregion and
Asean, as it strengthens its operations here
following its 50th anniversary in the Kingdom.
The Free-Trade Agreement Fund has distributed Bt25.31 million to help reduce the impact on the dairy, logistics and tourism sectors from FTAs, besides increasing their competitiveness.
Telecom share prices skyrocketed yesterday, with Advanced Info Service (AIS) the most active after Finance Minister Korn Chatikavanij was quoted in a local newspaper as saying that the government would not file civil compensation claims against telecom companies for losses related to past concession amendments.
Ebeling Heffernan Investment Management, a New York fund manager, plans to create an Asean fund to invest in local privately held firms, listed companies and US-based firms relocating to Thailand.
The Tourism Authority of Thailand has reassured international operators and worldwide media that the government will ensure the safety of all tourists staying in the Kingdom.
Total Access Communication (DTAC)
has promoted an executive of
Norwegian telecom giant Telenor as
its new chief commercial officer,
replacing Thai veteran Thana
Thienachariya.
Indonesia stands ready to import more sugar from Thailand following yesterday's signing of a memorandum of understanding with Thai Sugar Millers Corp (TSMC).
Over the past two weeks, I have had a chance to meet some self-made business tycoons from other countries. I was greatly impressed not only by their professionalism but also by their humility. Although they created their own business empires, they selflessly attributed their success to their colleagues. This cemented my belief that it requires humility to be a great leader.
The Stock Exchange of Thailand plans roadshows to Singapore, London, New York and Boston in June, following the successful roadshow in Tokyo which attracted over 1,000 investors.
Bayer Schering Pharma (BSP) Asia Pacific witnessed 13 per cent sale growth, with sale reaching 1.04 billion euro in 2009, which makes Asia Pacific the fastest growing region for the German pharmaceutical company.
The Stock Exchange of Thailand ended the morning session 17.37 points or 2.36 per cent higher, as investors perceive the market would continue the bullishness on the back of softening political rallies.
Sathorn Gardens condominium, a freehold condominium project on Sathorn road by Pacific Star International (Thailand), successfully reaped sales of Bt140 million from the House and Condo expo.
Thailand Stock Market - Information on the Stock Exchange of Thailand
