Tags : Capital

News

Red shirts in Chiang Mai in favour of new capital

The red shirt movement in Chiang Mai province has prepared a retreat for caretaker Prime Minister Yingluck Shinawatra should the military stage a coup d’etat. In that case, Yingluck government can be relocated to Chiang Mai, the home province of the Shinawatra clan, with the Northern city becoming the capital. Read more: The NationRead More

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Carrefour announces the disposal of its business in Thailand

Carrefour sells Thai Hypermarkets to Big C Carrefour announces today the signing of an agreement with Big C, a subsidiary of Groupe Casino, for the divestment of its operations in Thailand for an enterprise value of €868 million. This valuation corresponds to 120% of the net sales of the business that is being sold and […]Read More

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Thai Baht Retreats From 13-Year High on Intervention Risk

Sept. 23 (Bloomberg) — Thailand’s baht retreated from a 13-year high on concern policy makers will step up efforts to curb appreciation that threatens exports and tourism. The currency has strengthened 5.6 percent this quarter, Asia’s best performance, as overseas investors pumped more than $1.4 billion into the nation’s shares. Net purchases yesterday totaled $138 […]Read More

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Thai baht continues appreciation

BANGKOK, 3 September 2010 (NNT) – The Thai baht currency has continued to strengthen on massive foreign capital inflow, standing at 31.13 THB/USD, according to latest reports. A financial expert of Ayudhya Bank Plc, stated today that the Thai Baht has opened at 31.14/15 THB/USD, appreciating slightly from yesterday’s closing of 31.15/16 THB/USD. The currency […]Read More