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Dubai debacle poses a fresh threat to the global economy
November 28, 2009
... government, said it could not service its debts on schedule.Mark Mobius, head of Templeton Asset Management, which manages $25 billion in emerging market assets, is not sure if this will lead to more defaults and wreak havoc on the global financial system, which is just recovering from the 2008 Lehman Brothers...
opinion

Default no cause for alarm, says Korn
November 28, 2009
However, the global and Thai stock markets will likely be bearish for at least the next one to two months as investors are increasingly worried by the prospects of a second round of the global financial crisis.Chaiyaporn Nompitakcharoen, executive vice president for research at Bualuang Securities, said Dubai...
business

DUBAI DEBACLE
November 28, 2009
Panic spread around global financial markets yesterday as they took in the implications of Dubai World
business

Tiger Woods
November 28, 2009
...."He was admitted, treated and released today in good condition," they said.Woods, the world's top earning sportsman who revolutionized sports marketing, had returned to the greens with triumph earlier this year after being out of commission for nearly a year from knee surgery.The first police reports about the...
worldhotnews

US stocks plunge on Dubai
November 28, 2009
New York - US stocks slumped during a shortened trading day Friday amid a debt crisis in Dubai that sparked similar sell-offs in other world markets.Bank of America warned that the troubles of state-owned business conglomerate Dubai World could spark a wider debt crisis in the city- state, which in turn could...
worldhotnews

Tesco Lotus to accept road tax payments
November 27, 2009
... bill payment transactions a month currently, with growth of between 5 to 10 per cent estimated for this year, said Piyapong. He said the overall market for bill payments was estimated at about 960 million transactions per year or 80 million transactions a month. We are dealing with about 79 dealers, who...
business

Cement-makers expect rise in demand
November 27, 2009
... coming year if the government approves the budget and starts the committed construction projects. In addition, cement demand will be boosted by the market of renovated accommodations as well, said SCG Cement president Pramote Techasupatkul.He said property developers were starting to have more confidence...
business

Outdoor Innovation focuses on export to offset risks
November 27, 2009
.... I don t want to rely on outside factors we cannot control, such as the macro-economy and the political situation. We want to penetrate more export markets to offset the uncertainty of domestic sales, he said.Wasit said the camping and other outdoor products were produced by its manufacturing affiliates...
business

Outdoor Innovation export focus to offset risks
November 27, 2009
.... I don t want to rely on outside factors we cannot control, such as the macro-economy and the political situation. We want to penetrate more export markets to offset the uncertainty of domestic sales, he said.Wasit said the camping and other outdoor products were produced by its manufacturing affiliates...
business

F&N prepares to capitalise on Afta
November 27, 2009
... of F&N Dairies (Thailand). We are exporting canned milk and other beverages such as three-in-one instant coffee and bird nest syrup to those markets in Indochina and some Asean markets, he said. He said exports now represented about 30 per cent of total sales. The company expected the ratio of exports to increase...
business


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