Dubai group takes a 25% stake in Raimon Land
Istithmar Hotels, the hospitality asset-management arm of Dubai-based investment house Istithmar, has acquired a 24.99-per-cent shareholding in leading Thai property developer Raimon Land.
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Exporters told to brace for tougher overseas trade measures
Manufacturers and exporters need to start preparing for tougher trade measures in 2007 as key overseas markets roll out non-tariff barriers to protect their consumers, the Commerce Ministry warned yesterday.
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New Year's gifts to total Bt4.8 bn
Bangkok people are expected to spend Bt4.8 billion on New Year gifts this year, according to Kasikorn Research Centre.
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Possible pitfalls next year
Currency risks, an economic slowdown of Thailand's major trading partners, interest-rate movements and oil prices are the four main issues to watch next year, National Institute of Development Administration (Nida) scholars have warned.
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YEAR -END SPECIAL:ENTERTAINMENT
Blockbusters to lead film revival
The cinema industry is expected to enjoy strong growth of 15-20 per cent next year, thanks to strong line-ups of Thai and Hollywood blockbusters and better confidence among Thai consumers.
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Quality the key for tourism
The Ministry of Tourism and Sports and the Tourism Authority of Thailand (TAT) have set a target of receiving 14.8 million tourists next year while focusing on quality.
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