Thailand Finance Business News and Lifestyle - SilomJournal.Com » Asides

admin — Sun, 05 Oct 2008 19:37:50 +0000

TRUE shares plunged 17.58 percent after the company rejected rumor of China Mobile’s takeover bid amid third quarter report net loss of 200 million baht due to less competitiveness and huge capital leverage in foreign currencies, which may face huge loss from exchange rate, analysts said.

admin — Fri, 03 Oct 2008 06:30:09 +0000

The Bank of Thailand said it will pursue a monetary policy that focuses on risks to the economic growth, after data on Wednesday showed inflation fell to 6.0 percent in September from 6.4 percent in August.

admin — Sun, 21 Sep 2008 01:31:15 +0000

Thai stock market is expected to continue rising in the next week trading in line with regional and the global markets. U.S.’s bailout measure holds positive stance in restoring investors’ confident. Brokers were told to monitor the return of foreign investors to buy back good fundamental shares after previously short selling.

admin — Sun, 21 Sep 2008 01:15:20 +0000

Central bank chiefs from 20 countries held convention in Bangkok to discuss measures in coping with the U.S. subprime crisis. Thai central bank governor Tarisa Watanagase assured the collapse of Lehman Brothers has no huge impact on Thailand financial market.

admin — Mon, 15 Sep 2008 01:45:17 +0000

Thai stocks are expected to move higher after the state of emergency in Bangkok lifted. However, gains are expected short-live as ongoing political tension continues to take toll on the country’s financial market, analysts said.

admin — Sat, 13 Sep 2008 00:24:56 +0000

Former Prime Minister Samak Sundaravej said he wants to end role as the ruling People Power Party leader while senior members are racing for head of the government. Mr. Samak said he had done the job well during his tenure in protecting democracy, the monarch and the economy.

admin — Wed, 10 Sep 2008 08:14:23 +0000

Constitution court disqualified Mr. Samak Sundaravej as Prime Minister for hosting a cooking show, accusing him of being an employee of the TV producer and Thailand’s premier at the same time, resulting dissolution to his cabinet. The six-party coalition government, however, confirmed they are still firmly united and next PM will come from peer member of their parties.