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Baht turns CIMB Thai to SME importers
May 24, 2013 1:00 am

Baht turns CIMB Thai to SME importers

Segment benefits from strong currency in foreign purchases

Global equities look attractive amid risks in 2nd quarter
May 23, 2013 1:00 am

Global equities look attractive amid risks in 2nd quarter

As most countries wield low-interest-rate policies, stocks are investors' most preferred choice because returns on fixed-income investment are simply too low. While inflationary pressure is lower, investment in commodity assets that can enhance...

Central Plaza ups CAPEX budget to Bt1.9 bn
May 23, 2013 1:00 am

Central Plaza ups CAPEX budget to Bt1.9 bn

Central Plaza Hotel has scaled up its capital-expenditure budget for this year to between Bt1.8 billion and Bt1.9 billion from Bt1.2 billion to invest more in the food business.

KTAM expects SET to hit 1,750 despite Q1 figures
May 23, 2013 1:00 am

KTAM expects SET to hit 1,750 despite Q1 figures

Despite lower-than-expected national economic growth in the first quarter, Krung Thai Asset Management expects the SET Index to touch 1,750 points this year on the government's Bt2-trillion infrastructure and Bt350-billion...

VGI investing in LED screens, raises target
May 22, 2013 1:00 am

VGI investing in LED screens, raises target

VGI Global Media will invest Bt540 million in new media LED screens while raising its revenue-growth target to 30 per cent from 15-20 per cent for its fiscal year 2014 on expectation of broader multimedia access.

KBank to restrain consumer lending even if policy rate cut
May 22, 2013 1:00 am

KBank to restrain consumer lending even if policy rate cut

Kasikornbank will maintain its ceiling for consumer-loan growth, especially mortgages, even if demand increases as a result of the expected policy-rate cut.

Most CEOs believe high baht hurting business, survey finds .
May 22, 2013 1:00 am

Most CEOs believe high baht hurting business, survey finds .

Four in five CEOs believe that the baht bubble is battering their business, the long-term health of the economy remains unclear and rising costs will continue to constrict liquidity, according to a survey of chief executives' sentiments for...

Market factors in 25-50 point rate cut
May 21, 2013 1:00 am

Market factors in 25-50 point rate cut

Low-growth, low-inflation environment seen supporting cut

Listed firms report a 12.8% combined jump in net profit in first...
May 21, 2013 1:00 am

Listed firms report a 12.8% combined jump in net profit in first...

Thai listed companies posted earnings of Bt241.6 billion in the first quarter, led by energy conglomerate PTT Group and financial conglomerates Siam Commercial Bank (SCB) and Kasikornbank.

Another 20 Thai stocks to be added to MSCI
May 21, 2013 1:00 am

Another 20 Thai stocks to be added to MSCI

The Stock Exchange of Thailand (SET) has announced that US-based MSCI, the global index provider, will add 20 Thai stocks as components of its MSCI Global Small Cap Indices, effective from June 1.