Neo Burmese Invasion

Five months ago, Mr. Somporn Surivong, 43, was a farmer in a small remote village in Burirum province in the northeastern of Thailand or Isan as everybody called it. He decided to pack a bag containing of very few and only necessary belongings and jumped onto a cheapest bus available heading for Bangkok after receiving [...]

Thai Beverage plans listing on local bourse by yearend

Thai Beverage Plc, the country’s largest producer of spirits and Southeast Asia’s largest producer of beer by sale volume, said it is planning to file for a listing of it common shares with the Stock Exchange of Thailand (SET) by the year-end after it put the plan on hold due to protests and filed with [...]

Time to hunt for small fish

Thailand’s largest oil company PTT Plc is looking to buy into several businesses globally that are affected by the global credit crunch, assistant managing director for business development Thevin Vongvanich told a seminar held by Krungthep Thurakij business daily.
He said the global financial crisis has slowed down the world’s demand for oil, as well as [...]

Uni Venture’s future under umbrella of “Siriwattanapakdee” family

Uni Venture’s chairwoman Orradee Na Ranong is quite positive that the company’s decision to transfer the property rights over a piece of land in the golden Ploenchit district under the project of “Wires Square” to TC Land’s subsidiary TCC Luxury Hotels and Resort Co., Ltd. of the Siriwattanapakdee family is a win-win condition.
“We have considered [...]

Diamond Roofing Tiles Plc (DRT), a manufacturer of premium roof tiles, said it will spend around 75 million baht in share buyback plan, or 5 percent stake from the market to restore investors confident after the share prices plunged to lower than its fundamental value, hurt by the global stock markets crisis, said managing director [...]

Online offshore stock trading grows faster than expected, says Phillip

The online offshore stock trading has been growing faster than expected. With only two months in service, there are 108 investors registered for an online trading account, Phillip Securities (Thailand) managing director Suchai Suthasthamkul has told reporters.
“We initially expected only 100 accounts. We now look to handle over 300 accounts in the next year,” said [...]

Nine-month auto export rose 21.5%

Thailand’s nine-month automobile export has been increased by 21.5 percent year-on-year in 2008 to 599,431 units, or equivalent of 434.27 million baht when compared with the same period a previous year, the Federation of Thailand Industries’ automobile industry club reported.
“The country’s total auto production also rose 14.5 percent to 1.07 million units for the period, [...]