Burma political issue holding up EU-Asean free-trade talks
The political situation in Burma is the key obstacle in the European Union's desire to start negotiations for a free-trade deal with Asean, according to an EU trade envoy in Bangkok.
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BOT lowers economic growth forecasts
The Bank of Thailand (BOT) has lowered its forecast for economic growth to 4-5 per cent for this year and 4-5.3 per cent for next year, citing political uncertainty and rising oil prices.
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Retail body calls for early reconciliation
The Thai Retailers Association has called for the formation of an elected government as soon as possible, asking all parties to end their political agitation after the election date given that the crisis has already done enough economic damage to the nation.
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Watch sellers hope thriller at Paragon can turn back time
Those making a living from the Bt8-billion luxury-watch business are pinning their hopes on the Bangkok World Watch Fair 2006.
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LATE NEWS
Stored jasmine rice auctioned
The country's latest jasmine-rice bid of 290,708 tonnes has been won by 89 traders at an average price of Bt9,300-Bt9,700 per tonne.
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Sunwood hopes to floor domestic rivals
Sunwood Industries Co Ltd, a manufacturer and distributor of teak furniture, expects sales this year of Bt1.3 billion - up 8.3 per cent from last year - once its new Bt100-million plant starts operating this month, the company's CEO Taweesak Wayakornwichit said this week.
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Afet gets nod to trade online
The Agricultural Futures Trading Commission has granted the Agricultural Futures Exchange of Thailand (Afet) permission to start online trading service in a bid to raise Afet's trading volume.
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IT industry sticks to 10% growth forecast for 2006
The IT product market this year is expected to see only relatively slight growth, due to the slowing economy.
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Big increase in Thai investors mulling business in Cambodia
The number of new Thai investors coming to do business in Cambodia has increased in 2006 compared with previous years, the Phnom Penh Post reports in its current issue.
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IN BRIEF
Ratch reports Bt1.45-bn profit
Ratchaburi Electricity Generating Holding Plc yesterday announced a net profit of Bt1.45 billion in the second
quarter of this year, down by Bt396 million or 21 per cent from its net profit of Bt1.85 billion in the same period last year.
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