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  • Tom 8:07 pm on January 26, 2010 Permalink
    Tags: , , , barrel, , currencies, economist, , global economy, , , industrial projects, Influenza type A, , oil prices, projects, , Thai baht, , , , tourism sector, , trade partner, , , World Bank   

    World Bank projects Thai economy to grow 3.5% this year 

    Thai economy

    The World Bank has projected that the Thai economy will grow 3.5 per cent this year and 4 per cent next year, rebounding from last year, when it contracted 2.7 per cent.

    Dr Kirida Bhaopichitr, country economist for Thailand at the World Bank’s Bangkok office said Thai exports are projected to expand 15 per cent this year thanks to improved economy of Thailand’s trade partners and recovery of the tourism sector. (More …)

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  • Tom 7:48 pm on January 26, 2010 Permalink
    Tags: blue chip, , , firms, , , global economy, , , , Map, , , market value, portfolio, , , , stock market, Thai shares, Thai stock index, , Thailand stock market   

    Industrial impasse forces largest foreign sell-off in nine months 

    Thailand stock market

    Thailand’s stock market in November was affected by domestic negative factors including the suspension of Map Ta Phut Industrial projects and an unresolved political situation with the net selling of Bt 13 billion by foreign investors.

    Thai shares fell 0.59 per cent Wednesday in a market awash with concerns over domestic politics and the global economy. The Stock Exchange of Thailand (SET) composite index lost 4.11 points to 694.71, while the blue-chip SET-50 index dropped 2.97 points to 487.39. (More …)

     
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