Local oil prices down 40 satang per litre
Substantially higher marketing margins have allowed PTT and other oil retailers to slash retail prices by 40 satang per litre from today.
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Checking system planned to enforce new voting limit
To facilitate the inspection of voting rights of foreigners, the Commerce Ministry's Business Development Department plans to establish a checking system and employ private auditors to ensure the percentage of voting rights will be reduced in line with the amended Foreign Business Act.
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Satyam Computer Services is bullish on Asia-Pacific region
Satyam Computer Services has reiterated its confidence in the Asia-Pacific region and that it is looking to expand in Thailand.
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New SME projects
The Industry Ministry will join hands with the private sector and spend Bt800 million to develop small and medium-sized enterprises by launching six projects in the current fiscal year.
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UN will send team to help Thailand fight the pirates
The United Nations Conference on Trade and Development will help Thailand fight intellectual piracy by sending an official team in the near future to assist in drafting a suppression plan against copyright violation.
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Four new condo sites for 2007
Asian Property Development continues to maintain its revenue target of Bt7 billion for this year, even though home-buyers' confidence has dropped due to the New Year's Eve bombings in Bangkok, says CEO Anuphong Assavabhokhin.
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Hanil Forging invests in Bt1-bn manufacturing plant
Hanil Forging (Thailand), a South Korean forging company, yesterday signed a contract with industrial estate developer Hemaraj Land and Development for the purchase of an 18-rai plot at its Eastern Seaboard Industrial Estate (ESIE) in Rayong.
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BOT eases its reserve requirement rule
The Bank of Thailand has relaxed its draconian reserve requirement to give some relief to Thai corporations borrowing overseas to finance their projects at home.
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Japanese to hold off on investments
The Japanese Chamber of Commerce(JCC), Bangkok, revealed yesterday that Japanese investors would delay or cancel their new investments in Thailand, in line with their long-term investment plans in the country, which are reviewed every five years.
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Foreign investors go short on SET
Foreign investors see the Thai stock market as a "trading market" this year, given the uneasy political situation and rising policy risks, say brokers.
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Late news :Cabinet to mull listing privileges
Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula plans to forward the proposed tax privileges for new market listings to the Cabinet next Tuesday.
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