UTCC: Policy rate cut unlikely

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UTCC: Policy rate cut unlikely

25 May 2013 : The Bank of Thailand is not likely to reduce its benchmark interest rate on Wednesday even though economic growth has not been as strong as expected, says economist Thanavath Phonvichai.
PM hopes for Japan investment

25 May 2013 : Prime Minister Yingluck Shinawatra said she hoped more Japanese investors would take part in the government's infrastructure megaprojects following her visit to Japan.

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Industry confidence down again
17 May 2013 : The Thai Industries Sentiment Index (TISI) was down from 93.5 in March to 92.9 in April, Payungsak Chartsuthipol, chairman of the Federation of Thai Industries (FTI), said on Friday.
Bond chief favours interest-rate cut
17 May 2013 : An interest-rate cut may be the best option to slow inflows that drove the baht to a 16-year high as capital controls would deter investors and push up funding costs, according to the Thai Bond Market Association.
SET up 9.92 points midday
17 May 2013 : The Stock Exchange of Thailand main index went up 9.92 points, or 0.61%, to close at 1,627.81 points at the end of trading session this morning. The trade value was 27.75 billion baht, with 5.96 billion shares traded.
Govt tax revenue exceeds target
17 May 2013 : Government revenue from tax collection in April totalled 127.58 billion baht, exceeding the earlier estimate by 10.58 billion baht, or nine percent, Somchai Sajjapongse, director general of the Fiscal Policy Office at the Finance Ministry, said on Friday.
Rinehart: 'learn from Singapore PM'
17 May 2013 : Asia’s richest woman Gina Rinehart has said Australia should follow the example of Singapore’s former prime minister to stimulate economic development in its northern regions.
SET down 3.92 points at opening
17 May 2013 : Thai stocks opened down 0.24% at the start of trade this morning.
Gold prices up 150 baht
17 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.
BROADCASTING
Mono to bid on 3 digital TV channels
17 May 2013 : Mono Technology Plc, the mobile content and internet company, plans to bid for three digital TV channels as it believes this will drive its revenue growth above 30% the next few years.
Cable TV battle royal
17 May 2013 : Two giant pay-TV operators, Cable Thai Holding (CTH) and TrueVisions, are waging a marketing battle to lure customers.
TECHNOLOGY
Chinese firms tipped to win tablet bid
17 May 2013 : Shenzhen Scope and Yingtao of China are tipped to win the electronic auction to supply 1.63 million tablet computers worth 4.61 billion baht under the state's One Tablet per Child scheme.