Pylon mulls merger for growth

The global financial crisis brought together gloom and prospective outlooks. Chanes Saeng-arayakul, chairman of the construction contractor Pylon Plc (PYLON), views this transition as the opportunity as many small-and-medium-size businesses seeking for thrive amid the downstream market.
He said Pylon has been approaching by two or three non-listed companies on the Stock Exchange of Thailand (SET) [...]

MFC mulls expanding into 3 news businesses in 2009

MFC Asset Management Plc (MFC) is considering 3 new investment channels to make it portfolio different than the market offered, according to managing director Pichit Akkarathit.
Mr. Pichit said the assets management firm is considering establishing 3 three new businesses, including first, a real estate fund aiming at the private equity business; second and third, a [...]

Thailand may miss ASEAN FTA train of opportunity

The Department of Trade Negotiation said on Monday Thailand may miss the opportunity to sign the Free Trade Agreement (FTA) with Australia, India and China together with the Association of Southeast Asia Nations (ASEAN) members at a summit in Chaingmai on November 18 due to a constitutional act decree.
Trade Negotiation Permanent Secretary Chutima Boonyaprapas said [...]

Economic growth could slow to 2.9% in 2009, says TCCU

Thailand gross domestic product growth could slow to 2.9 percent in the next year, according to Thai Chamber of Commerce University (TCCU) economic and business forecast center.
Thanawath Pholvichai, president of TCCU research center, said that, in the worst case scenario, the projection for Thailand economic growth is based on the assumptions that the country’s export [...]

Rungsit University, the Federation of Thai Industries, the Securities Analyst Association, and the alliance media are holding a seminar: “Revolution and the Economic and Investment Direction for 2009” on Monday, November 24, 2008 at the university’s auditorium in Pathumthani. Leading key speakers include the Bank of Thailand deputy governor Dr. Atchana Waiquamdee. For more information [...]

The Capital Market Research Institute will hold a seminar: “Foreign Markets Investment: The Opportunity in Crisis” on Tuesday, November 18 from 13.30 to 16.30 hours at the Stock Exchange of Thailand Building. Key speakers include senior economists and analysts from leading investment institutions and securities firms in Thailand. For more information call 0-2229-2797 (Vassamon Saowakhonsathien).

TOT board meeting has been aborted in the middle of session, intensifying a row between board members over committees reshuffling and employees’ yearly bonus agenda. A board member’s resignation, which put on hold by chairman’s opinion, has sparked the rift.