Gold prices down 200 baht | Bangkok Post: business

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  • Gold prices down 200 baht

    20 May 2013 : The Gold Traders Association on Monday morning announced buying prices at 18,768.08 baht per baht-weight for gold ornaments and 19,050 baht per baht-weight for gold bar.

  • Economic growth slows

    20 May 2013 : Thailand's growth was slower than economists estimated in the first quarter as exports cooled, boosting the case for the central bank to cut interest rates.

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  • SET index rises 6.61 points

    15 May 2013 : The Stock Exchange of Thailand main index went up 6.61 points, or 0.41%, to close at 1,630.09 points at the end of trading session this afternoon. The trade value was 54.46 billion baht, with 14.79 billion shares traded.

  • KBank: Policy rate cut unlikely

    15 May 2013 : The meeting of the central bank’s monetary policy committee (MPC) on May 29 is likely to maintain the repurchase rate at 2.75%, Pakorn Pattanapat, executive vice president of Kasikornbank, said on Wednesday.

  • SET up 9.45 points midday

    15 May 2013 : The Stock Exchange of Thailand main index went up 9.45 points, or 0.58%, to close at 1,632.93 points at the end of trading session this morning. The trade value was 27.01 billion baht, with 8.16 billion shares traded.

  • BoT wants state banks’ lending curbed

    15 May 2013 : The Ministry of Finance will study a proposal by the Bank of Thailand that lending by state-owned banks should be controlled to curb overheated business in some sectors, Somchai Sajjapongse, director general of the Fiscal Policy Office (FPO), said on Wednesday.

  • SET up 9.50 points at opening

    15 May 2013 : Thai stocks opened up 0.59% at the start of trade this morning.

  • Gold prices unchanged

    15 May 2013 : The Gold Traders Association this morning announced buying prices at 19,753.48 baht per baht-weight for gold ornaments and 20,050 baht per baht-weight for gold bar.

  • INFRASTRUCTURE

    Landowners urged to pay higher taxes

    15 May 2013 : The government should impose higher tax on landowners who benefit from the government's 2-trillion-baht infrastructure projects, says the Finance Ministry.

  • CURRENCIES

    Much ado about nothing

    15 May 2013 : Despite measures proposed by the private sector and repeated calls to ease the pace of the baht, no concrete solution is forthcoming.

  • SET adjusts to small investors' dominance

    15 May 2013 : A recent shift marked by finicky retail investors dominating stock trading has prompted regulators to draft a five-year plan to ensure stability, according to Pakorn Peetathawatchai, chief strategist of the Stock Exchange of Thailand.

  • BANKING

    KBank SME loans stung by baht

    15 May 2013 : Kasikornbank (KBank) saw flat growth in trade finance to small and medium-sized enterprises (SMEs) as of April 30 from the end of last year in the wake of the strong baht.

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