Olarn warns of rising unemployment ahead Deputy Prime Minister Olarn Chaipravat, who is tasked to manage economic issues, said on Wednesday that the government is trying to raise this year’s economic growth by at least five per cent because a per cent lower could leave more than 400,000 people une... Read more.
MFC sees long bear market NUNTAWUN POLKUAMDEE Bangkok Post Thursday October 23, 2008 Thai stocks are likely to remain in a bearish trend until the third quarter of 2009, according to Pichit Akrathit, the president of MFC Asset Management. He said the US financial system should stabilise by the end o... Read more.
Economic ministers unveil 6 economic measures The economic ministers have come up with six measures to manage and revive the country’s economy after being affected by the internal factors and the global financial crisis, Deputy Prime Minister overseeing economy Olarn Chaipravat said on Monday. Com... Read more.
Thailand issues economic package to offset possible global financial crisis BANGKOK (TNA) - The Thai government on Monday issued a package of economic measures aimed at cushioning the possible impact from the looming global financial crisis, according to Deputy Prime Minister Olarn Chaipravat. Esse... Read more.
INVESTING Funds foresee zero growth amid gloomy sentiment NUNTAWUN POLKUAMDEE Mutual funds are expected to post flat growth for the year, given the sharp fall in sentiment in the second half, according to Voravan Tarapoom, president of the Association of Investment Management Companies (AIMC). Asset... Read more.
Local insurance firms still strong: Suchart Finance Minister Suchart Thadathamrongvej affirmed that insurance businesses in Thailand are still stable and have not experienced financial difficulties even though foreign firms have invested in some of them. Most insurance companies in the country are l... Read more.
Local insurance firms still strong : Suchart Finance Minister Suchart Thadathamrongvej affirmed that insurance businesses in Thailand are still stable and have not experienced financial difficulties even though foreign firms have invested in some of them. Most insurance companies in the country are ... Read more.
Cabinet accepts economic mitigation plan The cabinet on Tuesday acknowledged the plan to mitigate the impact of the financial situation in the United States proposed by the committee responsible for solving the US financial crisis chaired by Deputy Prime Minister Olarn Chaipravat. Mr Olarn said the ... Read more.
MARKETS Analysts expect foreigners to keep selling Thai shares DARANA CHUDASRI Foreign net sales of Thai stocks, which have already totalled over 120 billion baht for the year to date, are projected to continue for the near future due to the turmoil in the US financial markets, according to the Secu... Read more.
MARKETS Analysts expect foreigners to keep selling Thai shares DARANA CHUDASRI Foreign net sales of Thai stocks, which have already totalled over 120 billion baht for the year to date, are projected to continue for the near future due to the turmoil in the US financial markets, according to the Secu... Read more.
