2008 April | SILOM JOURNAL

Archive for April, 2008

Thailand expects about 20 billion dollars in foreign investment

By admin ⋅ April 29, 2008 ⋅ 2 comments

Thailand is expecting about 20 billion dollars in new private foreign direct investment proposals this year, similar to last year’s stellar performance, despite the September 2006 coup and ongoing political uncertainties, the investment board head said Monday. “Whether you want to invest in Thailand or not depends on business factors,” said Satit Chanjavanakul, secretary general [...]

Q1 VEHICLES, PARTS EXPORT JUMPS 34%

By admin ⋅ April 29, 2008 ⋅ Post a comment

Thailand has earned about Bt139.5 billion (US$4.3988535 billion) from the export of fully assembled cars, motorcycles and parts during the first quarter of 2008, an official said Monday.
Surapong Paisitpatnapong, spokesman of the Federation of Thai Industries (FTI) Automotive Industry Club, said that the value of exports jumped 33.66 per cent from the comparable period of [...]

Thai Tap Water sets price range for IPO at THB4.0-THB4.5 a share

By admin ⋅ April 28, 2008 ⋅ Post a comment

Thai Tap Water Supply PLC, Thailand’s largest private water supply operator, has announced the indicative price range for its initial public offering at THB4.00-THB4.50 a share, the company’s financial advisor said Monday.

Exxon Thai unit to raise $350 mln from IPO

By admin ⋅ April 23, 2008 ⋅ Post a comment

BANGKOK, April 23 (Reuters) - Esso (Thailand), a unit of Exxon Mobil Corp (XOM.N: Quote, Profile, Research), should raise 11 billion baht ($350 million) from an initial public offering this month in Thailand’s largest IPO so far this year.

Thai Market May Trade Higher

By admin ⋅ April 21, 2008 ⋅ Post a comment

The Thai stock market barely ticked to the downside on Friday, but that was enough to snap a three-day winning streak. Now the Stock Exchange of Thailand is expected to resume its climb into positive territory when the market opens for business on Monday.

Thai economy expected to grow 4.6-5.2%

By admin ⋅ April 19, 2008 ⋅ Post a comment

Thai economy is expected to grow between 4.6 and 5.2 per cent this year, driven by recovery at private consumption, Kasikorn Research Center said.
The economic research house calculated on the assumption that inflation stayed at between 4.0 and 5.5 per cent.
It projected that the first quarter expansion of 5.5-5.7 per cent is likely—a figure close [...]

Baht offshore, onshore prices gap narrows

By admin ⋅ April 19, 2008 ⋅ Post a comment

Bank of Thailand governor Tarisa Watanagase told reporters on Friday that the gap between the baht prices trading offshore and onshore markets has been tapered following 30-per cent capital reserve lifted.
She said the central bank has done nothing to keep the prices variant stable.
Thai central bank decided scrapping capital reserve regulation on March 3 following [...]