ASSET MANAGERS MFC expects tough 2009 NUNTAWUN POLKUAMDEE MFC Asset Management expects revenue growth of 15% to 20% this year despite difficult market conditions. But it expects performance to decline in 2009 as the global recession and heavy market losses curb investor demand. MFC reported first-ha... Read more.
INDUSTRY Bangkok Post Wednesday October 22, 2008 FTI wants weak baht to boost exports VICHAYA PITSUWAN The Thai baht should be maintained at between 33 and 35 per US dollar in order to boost the country’s competitiveness in export markets, says the Federation of Thai Industries (FTI). The weak... Read more.
ECONOMY Abhisit : Political failure takes toll DARANA CHUDASRI Bangkok Post Thailand’s competitive advantages are being distorted by the failures of the political system, according to Abhisit Vejjajiva, the leader of the opposition Democrat Party. Mr Abhisit, speaking at a conference organised... Read more.
AGRICULTURE Rice market quiet again following mid-year price spike WALAILAK KEERATIPIPATPONG Relative quiet is expected to prevail in the thai rice market over the rest of this year as buyers will opt for only small amounts, in contrast to the big lots acquired during the food crisis in the middle o... Read more.
IN Media SIAM RATH COLUMNIST WITTAYA TANTASUT : Why can’t Thais reconcile their political differences? The prolonged conflict between the government and the People’s Alliance for Democracy is hurting the country, and it must end now. If the government cannot function effectively, it will... Read more.
China milk scandal can help Thai exports Thailand’s food exports are expected to benefit from China’s tainted milk scandal as the chemical contaminated milk products also tarnished the image of other Chinese food products, according to Kasikorn Research Center (KRC). The leading think-ta... Read more.
Thai shoe makers hit hard by crisis By The Nation Thailand’s shoes and accessory exports would be hit hard by the US financial crisis, as their main markets are the United States and Europe which are reeling from the crisis, said Kasikorn Research Centre. In the first eight months of 2008, exp... Read more.
Exporters urged to trim credit lines Exim advisory linked to US fallout WICHIT CHANTANUSORNSIRI With global risks soaring due to the US financial meltdown, exporters should cut back their credit lines to buyers, reduce inventory levels and increase efforts to diversify their markets, according to Ap... Read more.
SHIPPING Request to hold fees PHUSADEE ARUNMAS The Commerce Ministry yesterday asked shippers to delay any increases in bill of lading fees and terminal handling charges until next week while authorities study the matter. The ministry’s Internal Trade Department made the request after meeting ... Read more.
In Media SIAM RATH EDITORIAL By voting down the proposed $700 billion financial bailout package, a majority of members in the US House of Representatives sent a clear statement that they didn’t want to let American taxpayers pay for the failures of financial institutions. In our opinion, US co... Read more.
