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BoT: European elections, the cause of forex volatility

BoT: European elections, the cause of forex volatility | Thailand Business News | Scoop.it

The Thai central bank chief has blamed political uncertainties in Europe for the volatility in global currency values.

Bank of Thailand (BoT)’s Governor Prasarn Trairatvorakul said that worries from elections in Europe have led to fluctuation in the world money market.

He said that political uncertainties there have scared investors to mobilize their funds to assets with lower risks, such as the US dollar.

However, Mr. Prasarn is optimistic that such volatility will be short-lived and the market will soon be able to adjust itself.

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TAT's “Discover the Other You” kicks off to Promote Creative Tourism

TAT's “Discover the Other You” kicks off to Promote Creative Tourism | Thailand Business News | Scoop.it
The Tourism Authority of Thailand (TAT) has launched “Discover the Other You” to promote creative tourism in Thailand.
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Thailand ranks11th in the world's top destinations

Thailand ranks11th in the world's top destinations | Thailand Business News | Scoop.it

Thailand last year moved up one place to 11th in the ranks of the world's top destinations by international tourism receipts, according to statistics compiled by the UN World Tourism Organization (UNWTO).

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Euro jitters rattle stocks Thai bourse joins global market sell-off

Euro jitters rattle stocks Thai bourse joins global market sell-off | Thailand Business News | Scoop.it
The latest concerns over the euro-zone crisis sent world stocks plunging, with Thai shares diving nearly 2% yesterday.
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Inequality is threatening Asia's growth miracle

Inequality is threatening Asia's growth miracle | Thailand Business News | Scoop.it
As the rest of the world struggles with sluggish growth, it is tempting to see Asia as a bright spot in the global economy.
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Thailand plans more inspections in chemical plants

Thailand plans more inspections in chemical plants | Thailand Business News | Scoop.it
3-monthly inspection planned The Nation 3,000 plants in line for more frequent checks; chemical facilities main focus...
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India to pass Thailand in rice exports

India to pass Thailand in rice exports | Thailand Business News | Scoop.it
India, the largest rice grower after China, is set to surpass Thailand to match Vietnam as the world's biggest shipper after favorable weather and higher government prices boosted the harvest to a record.
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FAO expects rice production to rise by 1.7% in 2012

FAO expects rice production to rise by 1.7% in 2012 | Thailand Business News | Scoop.it
Turning to the coming season, FAO has set its first forecast of global paddy production in 2012 at 732.3 million tonnes 488.2 million tonnes, milled basis, 1.7 percent above the revised 2011 estimate.
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Bangkok River view condos next hot spot ?

Bangkok River view condos next hot spot ? | Thailand Business News | Scoop.it
Offering views hard to beat in such a congested city, spots near the Chao Phraya are sure to receive increased attention from developers, which could lead to the area becoming a residential leader .Those of us in the property business are often...
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Thailand hosts 2012 Rotary International Convention

Thailand hosts 2012 Rotary International Convention | Thailand Business News | Scoop.it

Thailand is hosting the 2012 Rotary International Convention, with than 38,000 guests from 160 countries worldwide attending the event to exchange ideas on humanitarian and social issues.

Her Royal Highness Princess Chulabhorn Thailand presided over the opening of the grand convention, which is jointly organized by Convention & Exhibition Bureau (TCEB) and Rotary Center in Thailand. This is the 103th time the event has been held, and the first time Thailand has been given an honor to play

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Business motives versus Tax motives - Bangkok Post

Business motives versus Tax motivesBangkok PostObviously, it is illogical to disallow the entire amount of the home-office expenses allocated to Thailand by assuming they are merely meant to reduce tax liability.
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Expert Says You Need a Better Password

Expert Says You Need a Better Password | Thailand Business News | Scoop.it
Zappos.com has taken pains to assure customers that their credit card information is safe after a data breach, which was reported over the weekend, compromised information of up to 24 million customers, including names, mailing and billing...
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From Truce to Reconciliation in Thailand

From Truce to Reconciliation in Thailand | Thailand Business News | Scoop.it
No one hovers over Thai politics quite like Thaksin, Thitinan Pongsudhirak writes in an op-ed in The Wall Street Journal Asia.
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ready-to-eat food prices to be controlled

ready-to-eat food prices to be controlled | Thailand Business News | Scoop.it

The Commerce Ministry has announced a new decision to include ready-to-eat food in its list of goods with controlled prices.

Commerce Minister Boonsong Teriyapirom said on Thursday that the state-appointed central committee on goods and services prices has resolved to include ready-to-eat food into the list of controlled-price items, raising the total number of such products to 42.

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New era dawns for Thai retail industry

New era dawns for Thai retail industry | Thailand Business News | Scoop.it
New era dawns for Thai retail industry The Nation Retailers, suppliers face uncertainty...
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How to Show Your Customers a Little Extra Love - Business - Thailand Business News

How to Show Your Customers a Little Extra Love - Business - Thailand Business News | Thailand Business News | Scoop.it
I deal often with early-stage startups, and many of these don’t have any customers yet (but wish they did), so it’s not surprising they still don’t think of customers as their friends.
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Thailand's Automotive Industry Holds the Key to...

Thailand's Automotive Industry Holds the Key to... | Thailand Business News | Scoop.it

 -- Global automotive giants are recognizing Thailand's suitability as a R&D hub to manufacture fuel injection...

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Foreign Investment in Thailand on the Rise

Foreign Investment in Thailand on the Rise | Thailand Business News | Scoop.it
A report from the Office of the Board of Investment (BOI) indicates that foreign direct investment in Thailand is on the rise.

According to the report, foreign companies seeking promotional privileges from BOI between January and March 2012 increased by 91 percent in value, from 70.1 billion baht to 134.2 billion baht over the same period of 2011.

In terms of volume, the number of applications for promotional privileges grew by 23 percent, from 254 to 312 projects. The rise in foreign investment is also attributed to the implementation of the Government’s flood protection projects. It reflects foreign investor confidence in Thailand, despite the impacts of the severe floods in 2011.

During the first quarter of 2012, the electrical and electronics industry attracted foreign investment most, with 73 projects worth almost 48.2 billion baht. Coming second were metal, machinery, and transport equipment industries, which involved 91 projects worth 27.5 billion baht.

Japan remained the largest group of foreign investors in Thailand, with investments worth 78 billion baht in 173 projects. The value accounted for an increase of 121 percent over the same period of last year. Malaysia came second with investments totaling 10.7 billion baht in 11 projects, followed by the United States, which submitted applications for 17 projects worth 9.1 billion baht.
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Marriott to open three new properties in Thailand - Corporate - Thailand Business News

Marriott to open three new properties in Thailand - Corporate - Thailand Business News | Thailand Business News | Scoop.it
The Rayong Marriott Resort & Spa, The Bangkok Marriott Hotel Sukhumvit and the Marriott Executive Apartments Bangkok – Sukhumvit Thonglor will all open in 2012, adding to an already extensive portfolio of hotels and brands.
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PM orders review of safety measures at all industrial estates

PM orders review of safety measures at all industrial estates | Thailand Business News | Scoop.it

Following three major industrial safety and workplace accidents in the past week, Prime Minister Yingluck Shinawatra ordered the Ministry of Industry to review safety measures at all industrial estates in the eastern province of Rayong.

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Traffic up for Thai AirAsia

Traffic up for Thai AirAsia | Thailand Business News | Scoop.it
BANGKOK, 4 May 2012: Thai AirAsia posted a 87% load factor during the first quarter of 2012 and carried over 2 million passengers.
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Cha-am gets a Grek style new attraction

Cha-am gets a Grek style new attraction | Thailand Business News | Scoop.it
Santorini Park in Cha-am, a 500-million-baht venture that had its official opening last Saturday, is the latest addition to tourist attractions in Phetchaburi province.
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Special Report: The making of flood prevention plan

Special Report: The making of flood prevention plan | Thailand Business News | Scoop.it

Prime Minister Yingluck Shinawatra has stressed that all water management projects should be completed before the end of August in order to prepare the country for a possible runoff during the rainy season.

Also in her statement, the Prime Minister said she was hoping to attract foreign investors to invest in Thailand’s water resources management plan. Meanwhile, Thailand has requested the Chinese government for experts on flood, Ms. Yingluck added, to help examine and verify the effectiveness of the flood prevention strategy in the country.

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David 's comment, May 21, 2012 11:56 PM
thank you for your awesome information
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ASEAN: Trading Preview Singapore, Thailand, Hong Kong, China

ASEAN: Trading Preview Singapore, Thailand, Hong Kong, China | Thailand Business News | Scoop.it
ASEAN Markets will rebound today after a better overnight performance in the USA, Most U.S.
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Ford opens new $450 million plant in Thailand

Ford opens new $450 million plant in Thailand | Thailand Business News | Scoop.it
Ford Motor Company celebrated the official opening of its Ford Thailand Manufacturing (FTM) plant in Rayong, Thailand.
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