SET mulls extending online trading hour

The Stock Exchange of Thailand (SET) is considering extending online stock trading time to be more flexible and complied with the global stock markets, board director Pattriya Benchapholchai said on Thursday.
Ms. Pattriya said the SET will need two to three months to study the possibility before filing proposal for the Securities and Exchange Commission (SEC)’ [...]

Mercedes-Benz said sales of luxury car are seen slowing down in the third and fourth quarters of the year, hit by higher fuel prices, economic recession and political uncertainties. Mercedes-Benz (Thailand) president Wolfgang Hauppenbauer projected the luxury car market this year will has total volume of 7,000-8,000 units with Mercedes-Benz captured more than 50 per [...]

Kamol Aieusivikul, president of real estate developer Mida Assets (MIDA), explained that the transferring of his 12.08 millions shares, or 9.99 per cent, in Sub Sri Thai Warehouse Plc (SST) to one of his siblings will not affect the company’s management structure.

Economy expands despite ongoing political rifts

Thai economy expanded at a satisfactory level in July despite continual decline in consumer spending and investments, the Fiscal Policy Office (FPO) said on Friday.
FPO director general Panee Sathavarodom predicted that Thailand’s consumption and investment would increase by the third quarter of the year as several indicators show that the public have become more confident.
Ms. [...]

Central bank raises rate to fight inflation

The Bank of Thailand raised its benchmark rate for a second straight month to 3.75 per cent on Wednesday in bid to tame fast increasing inflation in a decade.
The central bank ensured investors that, despite a tightening move, its policy remained supportive of the economic growth.
Economists said it could be central bank’s last rate rise [...]

Energy sets E85 price at 20.15 baht

The Energy Ministry has set a retail price for the E85 flex-fuel at 20.15 bath per liter, or 46 per cent lower than a regular gasoline.
As the result, the pump prices for the E85 ethanol will be sold at around 17.54 and 18.74 baht a liter cheaper than the premium benzene.
The ministry said it is [...]

Betagro sets to postpone SET listing

Betagro Group has put off plan to list its common shares on the Stock Exchange of Thailand from this year to focus on operations improvement, CEO Vanus Taepaisitphongse said on Monday.
The foods processor and exporter firm noted it has remodeled management strategy and it paid off impressively in performance in the recent years.
Adopting the new [...]