Consumer confidence at lowest level for five years
The Consumer Confidence Index dropped to its lowest level in five years last month, mainly because of the country's uncertain political outlook and renewed rises in oil prices, the University of the Thai Chamber of Commerce revealed yesterday.
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IN BRIEF
NEW DELHI
India-Thailand free-trade agreement looks likely by middle of the year
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North Sulawesi imports rice from Thailand
A businessman from North Sulawesi is importing 10,000 tonnes of rice from Thailand to meet local demand, according to an Antara news report.
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TELESALES
TV Direct lowers 2007 ambitions
Political, economic factors prompt less aggressive strategy
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ANALYSIS
Pressure on the baht set to ease
The Bank of Thailand's recent 50-basis-point policy interest rate cut leaves room for further reductions, but they won't be enough to attract massive offshore funds into the capital market, and this will help slow down the baht's rise.
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PERSONALITY
New CEO bids to revive BFIT
Steering a small brokerage through sluggish stock market sentiment while recovering its good name is the big challenge lying ahead for Prasit Srisuwan, 39, the new CEO of BFIT Securities.
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Warning on ATM fraud
Banking and ATM experts have issued a warning about escalating ATM fraud in Thailand and have urged cardholders to take more care in protecting their personal identification numbers (PINs).
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PROPERTY DEVELOPER
Rasa stock increases 3% on SET debut
Company is only the second to list on the bourse this year
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STREET WISE
But is it still really durian?
Thai agricultural officials have recently succeeded in their experiments to obliterate the distinctive smell from durian, the king of all fruits, in a bid to attract international consumers.
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PTTEP example eyed
The Electricity Generating Authority of Thailand (Egat) hopes to use Egat International Co to generate business from abroad in the same way that PTT Exploration and Production (PTTEP) does for PTT.
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RETAIL LEGISLATION
Reveal the whole draft: big players
Foreign giants tell focus group they must see things in the round, not piecemeal
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