NESDB: Gold price drop temporary

Business > All-Article

Latest updates

NESDB: Gold price drop temporary

21 May 2013 : The decline in the global gold price will be only temporary and comes on the back of speculation that Italy and other countries in Europe could sell gold reserves for debt repayment, the secretary general of the Office of the National Economic and Social Development Board (NESDB), Arkom Tempitayapaisit, said on Tuesday.
SET down 0.99 point midday

21 May 2013 : The Stock Exchange of Thailand main index went down 0.99 point, or 0.06%, to close at 1,642.41 points at the end of trading session this morning. The trade value was 27.05 billion baht, with 4.61 billion shares traded.

Sponsor links

See your ads here

All Stories

SET up 4.35 points at opening
21 May 2013 : Thai stocks opened up 0.26% at the start of trade this morning.
Gold prices up 450 baht
21 May 2013 : The Gold Traders Association this morning announced buying prices at 19,222.88 baht per baht-weight for gold ornaments and 19,500 baht per baht-weight for gold bar.
TV Direct to look overseas
21 May 2013 : The MAI-listed TV Direct Plc plans to accelerate business development by joining hands with foreign partners, said CEO Songpol Chanmatkit.
TELECOMMUNICATIONS
NBTC slams slow 3G speed
21 May 2013 : A consumer protection panel of the National Broadcasting and Telecommunications Commission (NBTC) is slamming mobile operators for failing to deliver their claimed service promises on third-generation broadband speed.
TOURISM
More Thais head to Japan
21 May 2013 : The number of Thais visiting Japan is expected to reach 300,000 this year, up 51.5% from 2012, thanks to the strong baht vis-a-vis the Japanese yen.
ECONOMY
NESDB cuts GDP growth view
21 May 2013 : Thailand's economic growth projection has been cut to between 4.2% and 5.2% this year from 4.5% and 5.5% as previously forecast by the government's planning agency, as exports are expected to be much lower than earlier projected.
Observers foresee quarter-point interest rate cut
21 May 2013 : The weaker-than-expected first-quarter gross domestic product growth could prompt the Bank of Thailand's Monetary Policy Committee (MPC) to cut the policy rate by as much as 50 basis points in the upcoming policy rate call, economists said.
TAX CORNER
New personal income rates too late for 2013?
21 May 2013 : In December last year, the cabinet approved new personal income tax rates to help people deal with the higher cost of living resulting from several factors including the rise in the minimum wage, and to make Thai personal income tax rates more competitive relative to those in other Asian countries.
EQUITIES
SET firms net record Q1 profits
21 May 2013 : SET-listed companies posted a combined record net profit of 241.61 billion baht in the first quarter, up 12.80% from the same period last year, thanks to higher sales and improved profitability.
TRADE
Thai, British SMEs ink partnership
21 May 2013 : The government expects to double trade and investment value between Thai and British small and medium-sized enterprises (SMEs) in five years, Industry Minister Prasert Boonchaisuk said yesterday.