Posts Tagged ‘ Thailand ’

Thailand Remains Popular Investment Focus

December 1, 2011
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World Bank country director Annette Dixon stated that Thailand is still an investment hotspot at a press conference this week. “Globally and regionally, Thailand remains an attractive investment destination. We won’t expect a lot of business to relocate,” she said, adding that the government should work to support the flood recovery efforts as opposed to populist policies. The Bank of Thailand has been urged to reduce the policy rate to strengthen the economy in the past. Dixon said that...

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PTT Pcl Investment Plans

July 21, 2011
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PTT Pcl Investment Plans

The PTT Pcl has big plans. The firm – Thailand’s largest energy firm and third largest oil and gas company according to market value – has plans for investments of $100bn in the next decade.  According to the company’s Chief Executive Prasert Bunsumpun, at the end of this, it is anticipated that annual group revenue will reach $200bn.  The company controls over “30 petroleum, gas exploration, petrochemical and refinery businesses.” Spending Plans So, the next question is, how would...

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Property News: Thailand, China and Hong Kong

July 19, 2011
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Property News: Thailand, China and Hong Kong

Looking into various parts of Asia, one might not want to seek out a new home there just right now.  Property prices are going through the roof, excuse the pun, and wealthy Thailand is taking advantage.  According to an article in the Bangkok Post, a property developer from Thailand, Pace Development, just recently “launched sales of its luxury Bangkok project MahaNakhon to Hong Kong buyers.”  Records over a mere three days show of “sales worth 350 million baht.” On...

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Vietnamese Investment Interests

July 17, 2011
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Laos, Land of Opportunity? Just yesterday, a seminar took place on investment possibilities and cooperation at the Laos Vietnamese embassy.  Over two hundred Vietnamese business representatives were in attendance.  Ta Minh Chau, Vietnamese Ambassador, addressed the seminar and pointed out that Laos is a “peaceful country” with huge potential in many areas, especially financial.  Vietnam and Laos have a “special relationship,” with significant support from the Lao Government that has worked hard to establish optimistic and facilitative conditions for...

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Thailand Cambodian Trade News

May 3, 2011
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Border Clashes Negatively Impact Trade There’s going to be trouble with the Asian economy, and a lot of it. That’s if the situation between Thailand and Cambodia continues. Currently the border clashes there are so detrimental to good sentiments between the two countries, that even though trade is developing, without an end to these clashes, the market share of Thailand goods in Cambodia will be reduced. According to Kasikorn Research Center (KRC), what will happen is that Thai exporters...

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Foxy Financial Females?

April 28, 2011
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Are Asian Women Financially Savvy Today? Years ago the answer for sure would have been a resounding “no.” But today things are somewhat different. It seems that women in Asia (especially those married, 30+, in the workforce) know their won from their yen and their level of competence is likely to increase further “especially among the younger generation.” For example, women from Thailand topped financial planning (87) and investment (69.3) scores for financial literacy but Vietnamese women also did...

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Slowdown In Growth Expected In Thailand

December 21, 2010
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After the Thai economy’s impressive performance this year, which is forecast to have expanded by between 7 and 7.5 percent, next year is forecast to be much more difficult. According to many research houses Thailand’s economic growth next year id forecast to be about 4 to 5 percent. This is largely due to a reduction in exports resulting from a debt hangover in Europe and the weakening recovery in America. The Thailand government hopes that investment and domestic consumption...

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