Export hits record high ever in October

Thailand’s exports marked record high-ever of $14.45 billion in October, up 26.7 per cent from a year earlier despite reported lower economic growth, baht appreciation, and higher oil price, the Department of Export Promotion (DEP) said.
Rachane Pojanasunthorn, DEP’s director-general, told a news conference Wednesday that agricultural goods export grew 22.26 per cent in October. Industrial [...]

Apparel maker Body Glove plans IPO on alternative market

SET dropped 5.99 in line with regional slide

The Stock Exchange of Thailand composite index fell 0.70 per cent today or 5.99 points to 855.52 in line with the region’s decline over lingering U.S. sub-prime woes and global ever-changing demand for oil. Losers outnumber gainers 230 to 110 with 117 remain unchanged. “The market still waits and sees the region’s movement with close [...]

BMW powers up used cars sales program

BMW Group Thailand introduced the BMW Premium Selection (BPS) package to the market in 2004 with a remarkable sale record that accounted for 15 per cent of its annual sale figure.
With a dramatic achievement, Krisda Utamote, general manager for sales who is in charge of the program, said that expansion has been told to go [...]

CPPC plans B1bn IPO to expand bio-plastic unit

Chareon Pokphan Group’s CPPC Plc said it plans to raise one billion baht through an initial public offering of its common shares for over the next two years in an attempt to expand the growing food-packaging units.
Marss Wan Cheng Kuo, chairman of CPPC Plc, said the company is considering issuing 40 million new shares in [...]

BoT to keep current rate

Bank of Thailand Governor Tarisa Watanagase, delivered a speech Tuesday on “Thai Economic Directions and Trends Next Year” at the central bank’s office in Chaingmai, said she believes that interest rate cut remains unnecessary for the current economic situation.
Tarisa addressed economist participants that Thailand’s economy would grow steadily although it had experienced many negative impacts [...]

Abhisit challenges Samak for TV debate

Mr. Abhisit Vejjajiva, the Democrat leader, told participants during election rally at Wong Wian Yai yesterday he want to debate with the People Power party leader, Mr. Samak Sundaravej, on the talk show.
Mr. Abhisit has launched an aggressive confrontation with Mr. Samak towards general poll, accusing him of focusing more on an amnesty of 111 [...]