BANGKOK, March 26 – Thailand is now being branded as ‘the sick man of Southeast Asia’ given its low economic growth, unstable politics and lack of investors’ confidence, according to the University of the Thai Chamber of Commerce. Ath Pisalvanich, director of the university’s International Trade Studies Centre, said 480 out of 4,000 small- and […]
BEIJING – As the United States and Europe work to recover from their own economic crises, China has been one of the world’s bright spots. But recent figures show that the country’s fast economic growth is slowing. Days ago, Chinese Premier Wen Jiabao signaled that the country’s top leadership is concerned about an impending economic […]
Sinkholes delay flights; govt, AOT urged to take prompt action to prevent loss of confidence Executives in the aviation and tourism industries have called on the government and Airports of Thailand (AOT) to work together more closely to maintain Suvarnabhumi Airport’s safety standards after two sinkholes were found on the west runway on Thursday night, […]
The chronic crisis in the Euro zone is cited as the biggest downside risk for the Thai economy, as this could destabilise global financial markets and the global economy, two key committees of Bank of Thailand said. In their first joint meeting, the Monetary Policy Committee and the Financial Institutions Policy Committee agreed that volatility […]
BANGKOK, April 25 – Dr Virabongsa Ramangkura, chairperson of the Strategic Committee for Reconstruction and Future Development (SCRF), said on Wednesday he was confident Thailand will not face a repetition of last year’s flood crisis, as the government has been on the right track on water management and flood prevention. He spoke on the direction […]
DAVOS, Switzerland, Jan 28 – Thai Prime Minister Yingluck Shinawatra has convinced international business leaders that Thailand has prepared plans to prevent future flood crises and that the country has potential to be centre of the Association of Southeast Asian Nations (ASEAN) ready to offer investment privileges. Ms Yingluck was attending the 42th annual World […]
BANGKOK, Jan 27 – Thailand’s Prime Minister Yingluck Shinawatra is to attend the 42th annual World Economic Forum (WEF) today and tomorrow (Jan 27-28) in Davos, Switzerland and will take the opportunity to regain the confidence of leaders and investors in Thailand after last year’s flood crisis. Following her official visit to India as chief […]
BANGKOK, 24 January 2012 (NNT) – Gold price is expected to reach an all-time high of THB27,000; however, it is inadvisable for investors to hold on to the metal for too long a period of time, according to the Gold Traders Association. Mr. Jitti Tangsitpakdee, president of the Gold Traders Association, has revealed that gold […]
