Advanced Info Service yesterday posted a third-quarter net profit of Bt4.53 billion, up 29.1 per cent year on year, due to strong growth in service revenue.
Ahead of a deluge of domestic data releases for October this week, China's State Council on Sunday approved a fiscal-stimulus package worth 4 trillion yuan (Bt20.48 trillion) through end-2010 to boost domestic demand.
Fitch Ratings predicts that the world's major advanced economies - the United States, the United Kingdom, the euro area and Japan - will next year experience the steepest decline in economic growth since World War II.
Finance Minister Suchart Thadathamrongvech has urged the Bank of Thailand (BOT) to slash its policy interest rate of 3.75 per cent to below the deposit interest rate.
He said the central bank should also reduce bond issues to financial....
The Thai bond market rallied last month, driven by a dovish Bank of Thailand monetarypolicy outlook and capital flight. The US dollar liquidity drought early in October drove foreignexchange swap points deep into discount (from premium in....
Daikin Industries, Japan's biggest maker of air-conditioners, said it may shift some production from Thailand to Australia to take advantage of the weakening Australian dollar.