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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.
INVESTMENT BoI keeps current incentives to 2014
18 May 2013 : The Board of Investment (BoI) has agreed to enforce a new investment regime by the beginning of 2015, giving more than 19 months for investors to adjust their investment plans to comply with the upcoming industrial-preference criteria.
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.
13 May 2013 : Thai stocks opened down 0.06% at the start of trade this morning.
13 May 2013 : The Gold Traders Association this morning announced buying prices at 19,905.08 baht per baht-weight for gold ornaments and 20,200 baht per baht-weight for gold bar.
13 May 2013 : The Bank of Thailand is asking for cooperation from all parties in protecting the credibility of the country's financial institutions.
13 May 2013 : The Bank for Agriculture and Agricultural Cooperatives (BAAC) may ask the government to expand the 500-billion-baht revolving fund for financing pledging schemes if the amount proves insufficient, says president Luck Wajananawat.
BRIDGING THE GAP
13 May 2013 : While waiting in the lobby of the new DKSH Healthcare office in Thailand, I came across the Hecazine Newsletter, the company's monthly internal communication journal. I read the message written by Bernd Lepper, the vice-president for health care, on the front page with great interest.
13 May 2013 : Chia Tai Co, a leading seed producer and exporter, is confident international accreditation will allow its products greater access to major markets, especially the US, Europe and Japan.
13 May 2013 : Citibank Thailand will maintain its focus on consumer finance and wealth management even as its peers are looking to expand into wholesale banking.
13 May 2013 : Commercial banks have mixed views on the Bank of Thailand's single lending limit.
HEALTH & BEAUTY
13 May 2013 : Higher demand from image-conscious young people is drawing new companies into the growing beauty products market.
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