Thailand's inflation was down to 3.9 per cent in October, a sharp drop from 6 per cent in the previous month, thanks to the weakening oil prices, according to the Commerce Ministry.
Thai Union Frozen Products Plc is thriving despite the global credit squeeze, as investors have shown immense interest to subscribe to its two-year bonds worth Bt1.5 billion.
Olarn Chaipravat, the deputy prime minister in charge of economic affairs, yesterday proposed the creation of what he called an Asian Financial Community to turn the global financial crisis into an opportunity.
PTT and its affiliates will not lay off employees in the face of the global economic slowdown, which has pulled down the prices of oil and petroleum products, president and CEO Prasert Bunsumpun said yesterday.
Despite the Cabinet's recent approval of a generous price-guarantee scheme for three crops, the government needs to step forward to shore up rubber and oil-palm prices otherwise Bangkok would be faced with more protests, according to Charoen Pokphand Group.
Jotun Powder Coatings (Thailand) will penetrate the hospital market for the first time and intends to increase sales volumes in China to maintain growth next year.
What have burger buns, student accommodation and power-boat racing in common? The answer is that they are all enterprises started by serial entrepreneur Asif Rangoonwala.