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  • Tom 9:32 pm on November 29, 2009 Permalink
    Tags: , , , Dubai economic, , , gold price, , , , OPEC, , payments, Petroleum, , , , trading, , , world stock market,   

    Dubai economic collapse has little impact on Thailand economy 

    The Business Bay Executive Towers in Dubai Metropolis

    The Business Bay Executive Towers in Dubai Metropolis: Flickr.com

    Dubai economic fallout would not affect trading between Thailand and Dubai, according to the Director of the Center for Economic and Business Forecasting (CEBF) of the University of the Thai Chamber of Commerce, Mr. Thanavath Phonvichai.

    Mr Thanavath stated that the case of the Dubai World, the main investment company in Dubai,which requested the rescheduling of payments of US$59 billion (2.1 trillion baht) in debts last Friday had to be closely monitored during these two weeks although a clear process had been announced by Dubai government. However, he also said that the situation would depend on the central government of United Arab Emirates (UAE), adding the rescheduling of debt payment could affect the world stock market and gold price worldwide. Additionally, he believed that a clearer operation would bring back a normal situation in Dubai and global countries. (More …)

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  • Tom 9:19 pm on November 28, 2009 Permalink
    Tags: border, Buriram, , , , , , , , regions, retail shop, , , trading, trading points   

    Buriram and Chiang Rai to be promoted as border trading points 

    The Thai Chamber of Commerce is encouraging Chiang Mai and Buriram to open border trading points to promote trade and investment with Myanmar and Cambodia respectively.

    The Chairman of the Thai Chamber of Commerce, Mr Dusit Nontanakorn, today met with the provincial Chamber of Commerce of Buriram to discuss ways to promote trade and investment in the region.

    They also discussed the organizational development and information exchange between the Thai Chamber of Commerce in Bangkok and other regions. (More …)

     
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