PM visiting Australia | Bangkok Post: business

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• PM visiting Australia

  26/05/2012 : Prime Minister Yingluck Shinawatra left Bangkok on Saturday morning for Sydney to start a four-day official visit to Australia.

• Gold prices for Saturday

  26/05/2012 : The Gold Traders Association this morning set the buying prices at 23,103.84 baht per baht-weight for gold ornaments and 23,450 baht per baht-weight for gold bar.

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• PRECIOUS METALS

  Gold fund begins today

  18/05/2012 : Thong Come Asset Management Ltd is expecting the price of gold to rebound to US$1,800 an ounce by the end of the year, compared with the current price of $1,546 an ounce.

• HSBC: Emerging markets good pick

  18/05/2012 : Emerging market equities now stand to offer more promising returns than assets in developed economies, as the latter are hobbled by limited returns and stagnant growth in times of global economic uncertainty, says Philip Poole, HSBC's global head of macro and investment strategy.

• Kittiratt vows balanced budget in 2-3 years

  18/05/2012 : Thailand will return to a balanced budget position within the next two or three years, says Finance Minister Kittiratt Na-Ranong.

• ECONOMY

  EU export growth goal maintained

  18/05/2012 : Despite the debt crisis in Greece, the Commerce Ministry is sticking to its 15% growth target for Thai exports to the EU this year.

• HOTELS

  Erawan Group foresees mid-year dip

  18/05/2012 : The SET-listed hotel developer Erawan Group (ERW) is expected to post a loss in the second and third quarters this year even though it gained extraordinary profit from its land sale in Si Racha, attributing the dip to the low season.

• SET rises 2.33 points

  17/05/2012 : The Stock Exchange of Thailand main index went up 2.33 points or 0.20% to close at 1,173.56 points at the end of trading session on Thursday afternoon. The trade value was 26.85 billion baht, with 5.27 billion shares traded.

• April car exports rise

  17/05/2012 : The number of cars exported in April totaled 55,433 units, up 6.21 per cent on April 2011, but down 38.28 per cent on March, Surapong Paisitpatanapong, spokesman of the Automotive Industry Club, said on Thursday.

• SET up 7.30 points midday

  17/05/2012 : The Stock Exchange of Thailand main index went up 7.30 points or 0.62% to close at 1,178.53 points at the end of trading session on Thursday morning. The trade value was 13.54 billion baht, with 2.70 billion shares traded.

• Industry confidence up in April

  17/05/2012 : Thai industries sentiment index for April went up to 104.0, from 102.1 reported in March, Payungsak Chartsuthipol, chairman of the Federation of Thai Industries (FTI), said on Thursday.

• PTT, Bangchak cut pump prices

  17/05/2012 : PTT and Bangchak Petroleum announced on Thursday morning that they are cutting pump prices by 0.30 baht per litre all kinds of petrol and diesel and by 0.50 baht a litre for gasohol E20.

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