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18 May 2013 : The Gold Traders Association this morning announced buying prices at 18,965.16 baht per baht-weight for gold ornaments and 19,250 baht per baht-weight for gold bar.
TELECOMMUNICATIONS All 3G operators agree to cut their tariffs
18 May 2013 : Mobile operators have bowed to pressure by the National Broadcasting and Telecommunications Commission (NBTC) to lower all their 2G and 3G tariffs by 15% as per regulatory requirements.
13 May 2013 : The Stock Exchange of Thailand main index went down 4.75 points, or 0.29%, to close at 1,617.73 points at the end of trading session this afternoon. The trade value was 42.76 billion baht, with 11.24 billion shares traded.
13 May 2013 : The baht strengthened Monday, snapping a two-day slide, as the governor of the Bank of Thailand (BoT) said steps to slow the currency's gains were not discussed at a meeting with government officials.
13 May 2013 : Imagine pouring all the profits from your business into a high-end hotel in a foreign country. The business is going well. Then overnight, your beautiful hotel is destroyed by arson. As a businessperson, do you dare start over again? Staring at the ruins, you might feel there’s no hope for the future.
13 May 2013 : Although Asia today is the centre of attraction for its economic growth, longstanding conflicts that threaten to escalate are prompting some newly rich countries to splurge on defence spending on a scale that used to be associated only with Western powers.
13 May 2013 : As the realisation of the Asean community draws closer in 2015, member states are putting the finishing touches on years of preparations for integration within a new regional context. Their focus has been mainly on building stronger economic relations through closer transport, trade and investment ties, with an eye to gaining from the free flow of goods and labour.
13 May 2013 : History was supposed to have been made on May 5, the day Malaysians came out in record numbers to vote for a new government.
13 May 2013 : The Myanmar government is prepared to relax limits on foreign ownership of breweries on a case-by-case basis, as it seeks to improve the appeal of the country to foreign investors, says a senior beer industry executive.
13 May 2013 : The Myanmar government last week introduced a new master plan for Yangon’s urban development during a conference for international investors, in order to tackle rising population density as city authorities estimate a 100% increase in the city’s residents by 2040.
Commentary: Umesh Pandey
13 May 2013 : Although it may be nothing to cheer about, as an advocate of democracy and capitalism I am for a change enjoying the drama that is shaping up in Malaysia, though I hope it does not end in the kind of showdown we have witnessed here in Thailand.
13 May 2013 : More than a decade ago, global manufacturing companies staged a mass exodus to Asia in search of low-cost alternatives to increasing domestic wage demands and operational costs. They expanded the regional supply chain that had formed in countries such as Vietnam and Indonesia, while taking advantage of low wages offered by the world’s largest exporter in China. The strategy bolstered many a bottom line, but now things are changing.
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