Market Briefs
Domestic gold price could reach Bt14,600
The gold price is expected to shoot up to US$950 (Bt32,275) per ounce, taking the domestic price to Bt14,600 within the next few months, as a result of higher demand.
Kritcharat Hirunyasiri, deputy secretarygeneral of the Gold Traders Association, said the gold price was likely to improve continuously because of speculation and investment as people turned to buy the precious metal rather than the less stable US dollar. - The Nation
Milk crisis 'an opportunity for Thai firms'
Adirek Sripratak, president and CEO of Charoen Pokphand Foods, said China's milk crisis had undermined confidence in Chinese food products.
He believes this will benefit CPF and the Thai food industry, partic
Žularly through increasing orders from Japan, the US and Europe.CPF is renowned for its food safety with internationally recognised verification programmes, including GMP, HACCP, ISO 9002, ISO 14001, TIS18001, ISO17025, HALAL and Animal Welfare, he added.
CPF expects its secondhalf performance to enable it to reach its annual revenue target of Bt150 billion and is confident of good results in the first half of 2009.
- The NationJSM takes honours at HK Law Awards
JSM picked up three awards at the ALB Hong Kong Law Awards 2008 ceremony organised by Asian Legal Business magazine last week.
JSM scooped more awards than any other firm, winning the "Hong Kong Law Firm of the Year" honour for the sixth time. The company also received the "Employment Law Firm of the Year" award for sig
Žnificant work on both contentious and noncontentious employment matters in the last 12 months.Elaine Lo, chairman of Asia Board and senior partner of JSM, received the prestigious
"Managing Partner of the Year" award for her leadership, particularly during the recent combination with Mayer Brown.The ALB Hong Kong Law Awards recognises and promotes outstanding professional achievements in Hong Kong. - The Nation
OTHER BUSINESS
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Excavator plant to start in 2010
Bangkok Komatsu spent more than Bt1 billion on its second excavator-assembly plant at Bangpakong to serve.... -
Glow building 3 power plants
Glow Energy will proceed with three new power plant projects, despite the drop in quarterly net profit on the....
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