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Archive for January, 2008

2007 export hit new high

Commerce Deputy Minister Kirkkrai Jirapat said the total exported in 2007 amounted to $152,477.6 million, up 17.5 per cent from a year earlier with total import of $140,010.6 million or 8.7 per cent increased, resulting to trade surplus of $12,467 million, hitting a record high-ever of1,214 per cent grew.
The export of agricultural products increased by [...]

Business sector gains confidence as new government has clearer shape

The Bank of Thailand reported business sector has shown confident in private consumption and investment improvement after an effort to achieve a coalition government by People Power Party becomes to have clearer shape.
The report was based on economic and business data exchange between the central bank and nearly a hundred business leaders in varied industries [...]

Thai stock index fell 2.47% on U.S. economic recession fear

The Stock Exchange of Thailand (SET) composite index closed 2.47 percent lower Thursday as selling spread across the board amid lingering concerns over a possible recession in the US economy.
The blue-chip stocks including banking and energy shares were down 18.24 points to 580.22, hurt by unclear coalition government formation following last month’s elections.
The SET fell [...]

KTB, BBL, BAY seen growth lower than expected

KTB has seen strongest growth in loan amongst the biggest lender with November gross loan grew averaged 2.11 per cent, adding the year’s total loan to increase 3.41 per cent year-over-year. However, the figure still missed target it previously anticipated. KTB mortgage grew 20 per cent from the year earlier or increased around 35 billion [...]

SET fell 10.34 points on U.S. recession fears

The Stock Exchange of Thailand composite index closed 1.23 per cent lower, or 10.34 points to 832.63 points on Thursday amid rising concerned over the U.S. economic recession as oil price briefly hit a record high of $100 a barrel.
The Wall Street’s Dow Industrial index tumbled more than 200 points in intraday trade following market [...]

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