Thai Press Reports articles from November 2008

Thai Press Reports archives from November 2008

Thailand: Consumer loan growth flat.
November 28, 2008... Section: Business News - Consumer loans expanded at a constant pace in the third quarter, indicating that consumers have tightened their belts in accordance with the economic slowdown, according to the Bank of Thailand (BOT). Consumer...

Thailand: Food exports to drop 6.7 per cent.
November 28, 2008... Section: Business News - Thailand's food exports were expected to fall to Baht 700 billion next year, down 6.7 per cent from an estimated Baht 750 billion this year in line with a decline in commodity prices and the global economic slowdown....

Thailand: Thai BMA says restoring confidence a key measure.
November 28, 2008... Section: Business News - Boosting economic confidence will be critical to helping the private sector access bank credit. Small and medium-sized enterprises have been wary of tighter loan criteria from local banks, even though the banking...

Thailand: Energy Ministry sets emission reduction target.
November 28, 2008... Section: Business News - The Energy Ministry has set a target to reduce carbon dioxide (CO2) emissions from power generation by 15-20 per cent by 2018, noting that the sector creates half of Thailand's greenhouse gas emissions, according to...

Asia: A repeat of Asian financial crisis.
November 28, 2008... Section: Research - By Chodechai Suwanaporn Asian countries are feeling the pinch of this global financial crisis. The situation in Korea and Indonesia are especially worrying. Two of the big credit rating agencies, Standard and Poor's...

Thailand: BoI mulls incentives for smelters.
November 28, 2008... Section: Investment - The Board of Investment (BoI) will discuss detailed incentives for upstream steel-smelters at its special conference today, in a move to push ahead with the delayed plan to lure huge investment to the Kingdom. Four...

Thailand: Warning three business sectors to be severely affected next year.
November 28, 2008... Section: Business News - Mr. Supavud Saicheua, Managing Director and Head of Research at Phatra Securities, said in a seminar entitled The Global Financial Crisis - Political Stability of Thailand that economic growth next year will expand...

China: China announces 3,770 items involved in 3rd export tax rebate rise.
November 28, 2008... Section: Business News - China's Ministry of Finance announced on Monday a list of 3,770 items involved in the third export tax rebate increase this year. The items include labor-intensive, mechanical and electrical products. New export...

Thailand/China: Chery signs new deal for vehicle assembly in Thailand.
November 28, 2008... Section: Business News - China-based Chery automobiles will be made in Thailand as a local motor company and the country's biggest agro-industrial conglomerate wrapped up a major deal last week. An industry source confirmed that China's...

Thailand: KBank cuts loan growth target for 2009.
November 28, 2008... Section: Business News - Kasikornbank has cut its loan growth target for 2009 to between 6% and 7% due to the global economic slowdown. Kasikornbank CEO Banthoon Lamsam said the new target was based on estimated economic growth for 2009...

Thailand: Thai textile exports continue to grow in 2009, but there is shortage of 30,000 personnel.
November 28, 2008... Section: Business News - Mr. Surat Tandaechanurat, Executive Director of the Thailand Textile Institute (THTI), has stated that Thai textile exports in 2008 will continue to grow at 10% to USD7.6-7.7 billion because they are considered...

Thailand: Outlook for 2009 Thai rice exports looks bleak.
November 28, 2008... Section: Business News - Mr. Chookiat Opaswong, President of the Thai Rice Exporters' Association, has stated that the outlook for Thai rice exports in 2009 seems dim because the record high prices earlier in the year have induced many...

China: China opens new free-trade harbor area to boost ASEAN trade.
November 28, 2008... Section: Business News - China opened a new bonded harbor on Thursday in a major step toward a free trade zone operation with the Association of Southeast Asian Nations (ASEAN). The Yangpu Bonded Harbor Area is China's fourth such...

Thailand: US policy vacuum, awaiting new US President.
November 28, 2008... Section: Economy - From now until the inauguration of President-elect Mr. Barak Obama in January 2009, the will experience a period of 'policy vacuum'. This means that financial markets may expect little from the implementation of key...

Thailand: Thai exports to China slowing for third straight month.
November 28, 2008... Section: Business News - The economic downturn in China caused by the global financial crisis will likely continue into 2009. This has already weakened the Chinese export sector and subsequently their domestic economy. As a result, China's...

Thailand: Three foreign doctors selected to receive the 2008 Prince Mahidol Award.
November 28, 2008... Section: General News - Brazilian, Japanese, and Chinese doctors have been selected to receive the 2008 Prince Mahidol Award, which is regarded as an international award from Thailand. The Board of Trustees of the Prince Mahidol Award...

Thailand: Study on introduction of Sharia Courts in Southern Thailand.
November 28, 2008... Section: General News - The Southern Border Provinces Administrative Center (SBPAC) has taken a keen interest in establishing Sharia courts to help ease tension in the South. The Director of SBPAC, Mr. Pranai Suwannarat, said that the...

Thailand: TRIS Rating assigns A/Positive company rating to AYCAL.
November 28, 2008... Section: Rating - TRIS Rating Co., Ltd. has assigned a A company rating with positive outlook for Ayudhya Capital Auto Lease PLC (AYCAL), formerly known as GE Capital Auto Lease PLC (GECAL). The rating is enhanced from AYCAL's standalone...

Thailand: Tourism Authority of Thailand (TAT) provides assistance to stranded passengers.
November 28, 2008... Section: General News - Due to the Airports of Thailand (AoT)'s suspension of services at Suvarnabhumi International Airport, all inbound and outbound flights have been cancelled since 04.00 hrs. during 25-26 November 2008, causing...

Thailand: TLT10NB to be registered with ThaiBMA on November 26, 2008.
November 28, 2008... Section: Bond Market - TLT10NBA, issued by Toyota Leasing Ltd., to be registered with ThaiBMA on November 26, 2008.The details are as follows: TLT10NB is 2-years bullet bond worth THB 1,200 mln with a coupon rate of 4.11 % per annum, paid...

Thailand: ISIN Code of some debentures are changed.
November 28, 2008... Section: Bond Market - ISIN Code of some debenture are changed in ThaiBMA system consisting of TMB153A, BP15NA, BP10NA, BP10NB, CK09OB, KBNK13OA, PTTC10NA, PTTC13NA, ETA095B, and ETA105A. The new ISIN Code is effective on ThaiBMA system on...

Thailand: Treasury Bill Auction Schedule in December 2008.
November 28, 2008... Section: Bond Market - Public Debt Management Office (PDMO), Ministry of Finance, announces "Treasury Bill Auction Schedule in December 2008". There are 8-Treasury Bills, totaling THB 24,000 mln to be auctioned in December. The auction date...

Thailand: S-T debentures of SCBT to be registered on November 26, 2008.
November 28, 2008... Section: Bond Market - The short-term debentures issued by Standard Chartered Bank (Thai) Public Company Limited to be registered with ThaiBMA on November 26, 2008; consisting of SCBT09225B is 91-day short-term debentures, worth of THB 150...

Thailand: S-T debentures of KBANK to be registered on November 26, 2008.
November 28, 2008... Section: Bond Market - The short-term debentures issued by Kasikornbank (Thai) Public Company Limited to be registered with ThaiBMA on November 26, consisting of KBANK09226B is 92-day short-term debentures, worth of THB 26 mln. The issue date...

Thailand: PN of BBTM to be registered on November 26, 2008.
November 28, 2008... Section: Bond Market - The Promissory Note (PN) issued by Bangkok BBTM Limited to be registered with ThaiBMA on November 26, 2008, consisting of BBTM08N261 is perpetual bond, worth of THB 255 mln. The issue date is on November 26, 2008. ...

Thailand: BE of KSL to be registered on November 26, 2008.
November 28, 2008... Section: Bond Market - The Bill of Exchange (BE) issued by Khon Kaen Sugar Industry Plc. to be registered with ThaiBMA on November 26, 2008, consisting of KSL09223A is 89-day BE, worth of THB 650 mln. The issue date is on November 26, 2008...

Thailand: S-T debentures of TLT will be registered on November 27 and December 1, 2008.
November 28, 2008... Section: Bond Market - The short-term debentures issued by Toyota Leasing (Thailand) Co., Ltd. will be registered with ThaiBMA on November 27, 2008 , consisting of TLT09225A is 90-day short-term debentures, worth of THB 360 mln. The issue...

Thailand: Auction Schedule of BOT Bond in November 2008.
November 28, 2008... Section: Bond Market - According to the announcement of "Auction Schedule of BOT Bond in November 2008", there are THB 70,000 mln of BOT bond to be auctioned. Details are following: CB08D16A Auction Date: 28/11/08 Amount (THB mln.): 70,000...

Thailand: AYCAL assigned company rating by TRIS.
November 28, 2008... Section: Rating - TRIS Rating assigns a "A" company rating for Ayudhya Capital Lease PLC (AYCAL), formerly known as GE Capital Auto Lease PLC (GECAL). The company rating is enhanced from AYCAL's standalone rating, as AYCAL is a core strategic...

Thailand: BE of KTC to be registered on November 27 and 28, 2008.
November 28, 2008... Section: Bond Market - The Bill of Exchange (BE) issued by Krungthai Card Plc. to be registered with ThaiBMA on November 27, 2008 consisting of KTC09224A is 89-day BE, worth of THB 76 mln. The issue date is on November 27, 2008 and the...

Thailand: S-T debentures of SCBT to be registered on November 27, 2008.
November 28, 2008... Section: Bond Market - The short-term debentures issued by Standard Chartered Bank (Thai) Public Company Limited to be registered with ThaiBMA on November 27, 2008; consisting of SCBT09226B is 91-day short-term debentures, worth of THB 184...

Thailand: PEA's bond Auction Result.
November 28, 2008... Section: Bond Market - Auction result of Provincial Electricity Authority Bonds on November 27, 2008 is; PEA12DA Accepted Amount (THB mln.) 780 Coupon Rate (%) 3.595 Underwriter BAY Underwriting Fee (%) - Registrar BAY Type NG PEA :...

Thailand: Auction Schedule of BOT Bond in December 2008.
November 28, 2008... Section: Bond Market - According to the announcement of "Auction Schedule of BOT Bond in December 2008", there are THB 70,000 mln of BOT bond to be auctioned. Details are following: 1. CB09102A Auction Date: 2/12/08 Amount (THB mln.): 5,000...

Thailand: 2-Year BoT's bond auction schedule in December 2008.
November 28, 2008... Section: Bond Market - Bank of Thailand announced " 2-year BOT Bond Auction Schedule in December 2008". There is a bond totaling THB 20,000 mln to be auctioned. Details are followings: BOT10DA Auction Date: 23/12/08 Amount (THB mln.): 20,000...

Thailand: 3-Year BoT's bond auction schedule in December 2008.
November 28, 2008... Section: Bond Market - Bank of Thailand announced "3-year BOT Bond Auction Schedule in December 2008". There is a bond totaling THB 6,000 mln to be auctioned. Details are followings: BOT117A Auction Date: 12/12/08 Amount (THB mln.): 6,000...

Thailand: S-T debentures of KBANK to be registered on November 27, 2008.
November 28, 2008... Section: Bond Market - The short-term debentures issued by Kasikornbank (Thai) Public Company Limited to be registered with ThaiBMA on November 27, consisting of KBANK09224A is 89-day short-term debentures, worth of THB 40 mln. The issue date...

Thailand: BE of TK to be registered on November 27 and 28, 2008.
November 28, 2008... Section: Bond Market - The Bill of Exchange (BE) issued by Thitikorn Plc. to be registered with ThaiBMA on November 27, 2008; consisting of; TK09223A is 89-day BE, worth of THB 30 mln. The issue date is on November 26, 2008 and the maturity...

Thailand: PN of BBTM to be registered on November 27, 2008.
November 28, 2008... Section: Bond Market - The Promissory Note (PN) issued by Bangkok BBTM Limited to be registered with ThaiBMA on November 27, 2008, consisting of BBTM08N271 is perpetual bond, worth of THB 113 mln. The issue date is on November 27, 2008. ...

Thailand's Vinythai (VNT): VNT cuts PVC output; downgrade to HOLD.
November 28, 2008... Section: Stocks - VNT yesterday (November 25, 2008) announced it would cut PVC production capacity and shut some of its VCM and caustic soda units due to the economic slowdown. Consequently, 2008-10 earnings forecasts have been revised down...

Thailand's Automotive Sector: Car production falls 10% YoY in October with further drops expected.
November 28, 2008... Section: Stocks - Vehicle production fell at a rate of 0.4% MoM in October to 123,360 units, but with the industry not experiencing a significant year-end seasonal boost due to a lack of consumer confidence, it is a decline of 10.4% YoY. This...

Thailand's Finance Sector: 3Q08 data released on card loan was not too bad but next year outlook to be a concern.
November 28, 2008... Section: Stocks - The overall number of credit card in the system as of 3Q08 registered at 12.6m card, a rise of 2.6% QoQ and 9.7% YoY. This makes calculated average card/ eligible person at four card/person. Card providers witnessed a rise...

Thailand's Auto Sector: Car production hurt by global slowdown.
November 28, 2008... Section: Stocks - The auto industry has been one of the biggest victims of the global economic downturn and credit crunch. The big three auto-makers in the US are pleading for a government bail-out while in Thailand the subsidiaries of...

Thailand's Central Pattana (CPN): TP lowered to reflect delays in new projects.
November 28, 2008... Section: Stocks - A Buy rating on CPN is reiterated but target price has been cut to Bt14.50 to reflect delays to some of its projects due to the deteriorating economic outlook and slowdown in tourism arrivals. However, the company will today...

Thailand's Tourism Sector: Thai tourism is getting worse on political turmoil.
November 28, 2008... Section: Stocks - Flights from Thailand's BKK international airport have been suspended after hundreds of anti-government protesters stormed the building outside Bangkok yesterday. This is the second's political incident in a year causing...

Thailand's Charoen Pokphand Foods (CPF): 4Q08 should improve y-o-y.
November 28, 2008... Section: Stocks - Following impressive 3Q08 results, Charoen Pokphand Foods' (CPF)' 4Q08 earnings should be weaker q-o-q, but better than a year ago led by (i) stable product prices, and (ii) softer raw material prices in the quarter. Note...

Thailand: Suvarnabhumi Airport closure.
November 28, 2008... Section: Government & Politics - The Airports of Thailand (AOT) has decided to close the Suvarnabhumi airport after the anti-government protesters blocked the motorway entrance to the airport and entered passenger terminals. The closure,...

Thailand: On the brink (again).
November 28, 2008... Section: Stocks - The current situation, threatening to widen into civil unrest, cannot last significantly longer. One of the following scenarios is likely to take place this month or next: An outright coup, which appears to be unlikely after...

Thailand's MFEC Plc. (MFEC): Growth target for 2009 5-10%.
November 28, 2008... Section: Stocks - MFEC management targets the net profit to grow 5-10% next year with sales to rise by 10-20%. This will be driven by a high backlog of Bt1,311mn (Nov 17, 2008) with Bt300-400mn to be delivered on 4Q08. Next year will also be...

Thailand's Central Pattana (CPN): Central Plaza Chaengwattana opens today with 85% occupancy.
November 28, 2008... Section: Stocks - Even with a slowing economy, a positive view on Central Pattana (CPN) is maintained. The company should see ongoing revenue growth driven by: a favourable occupancy rate, rental rate adjustments for renewed short-term...

Thailand's Central Plaza Hotel (CENTEL): Downgrade to SELL on airport siege.
November 28, 2008... Section: Stocks - Despite the positive long-term earnings outlook for Central Plaza Hotel Plc. (CENTEL), the siege of Suvarnabhumi airport by protesters will hit the tourism sector hard. Despite the high travel season, street protests by the...

Thailand's Aapico Hitech (AH): Next year's prospects unclear.
November 28, 2008... Section: Stocks - AAPICO Hitech (AH) management continues to maintain its 5% sales growth target this year, supported by orders for jigs, dies and stamping, forging and plastic parts. General Motors' (Thailand) Rayong production line...

Thailand: Thai alternative market firms achieve outstanding corporate governance.
November 28, 2008... Section: SET Announcement - Nine firms listed on Thailand's Market for Alternative Investment (mai) achieved outstanding corporate governance (CG) scores in the latest Thai Institute of Directors (Thai IOD) survey. In total, 28 of 38...

Thailand: AMAC informs resignation of Audit Committee.
November 28, 2008... Section: SET Filing - This is to inform that Mr. Teerawat Chongthaweephol resigned from the Company's audit committee effective from 25 November 2008. (27 November 2008)

Thailand: TR revises in Clause7 : Entitlement to receive dividend.
November 28, 2008... Section: SET Filing - Thai Rayon Public Company Limited held its Board of Directors Meeting No. 72 on November 25, 2008 at Head Office. In Clause 7, there is some revision to be read as under : 7.Approved to fix the date of the 16th...

Thailand: GOLD appoints new directors.
November 28, 2008... Section: SET Filing - The Meeting of the Board of Directors of Golden Land Property Development Public Company Limited ("the Company") No. 7/2008 held on 27th November, 2008 has resolved that the appointment of Mr. David Desmond Tarrant as a...

Thailand: PTTAR informs closing date-register book PTTAR106A for interest payment.
November 28, 2008... Section: SET Filing - The PTT Aromatics and Refining Public Company Limited ("the Company") would like to inform that the Company will close the registered book for determining the rights of debentureholders to receive the interest payment of...

Thailand: ERAWAN sets up new subsidiary company.
November 28, 2008... Section: SET Filing - The Erawan Group Public Company Limited ("ERAWAN") has set up a new subsidiary company "The Reserve Company Limited" which has the registered and paid up capital, totaling Baht 1,000,000 (One Million Baht),divided into...

Thailand: CTARAF informs frequency of financial reports.
November 28, 2008... Section: SET Filing - Kasikorn Asset Management Co.,Ltd., the fund manager of Centara Hotels & Resorts Leasehold Property Fund would like to inform The Stock Exchange of Thailand that we will prepare and submit the audited annual financial...

Thailand: CCET informs exercise date and time no. 4/2008 of CCET-W1.
November 28, 2008... Section: SET Filing - Cal-Comp Electronics (Thailand) Plc. has allotted the 725,931,801 units of warrants for the rights to buy ordinary shares to the existing shareholders since 19 April 2006. The Company would like to notify that the...

Thailand: CCET informs exercise date and time no.2/2008 of CCET-W2.
November 28, 2008... Section: SET Filing - Cal-Comp Electronics (Thailand) Plc. has allotted the 156,000,000 units of warrants for the rights to buy ordinary shares to the employees (ESOP) since 28 September 2007. The Company would like to notify that the balance...

Thailand: SAFARI appoints Chairman of Executive Board and President.
November 28, 2008... Section: SET Filing - The Board of Directors' Meeting No.13/2008, held on November 26, 2008 at 14.00 p.m.,had resolutions required to be reported to you as follows: The Meeting unanimously adopted the Minutes of the Meeting No.12/2008, held...

Thailand: CK signs agreement development Xayaburi with Lao PDR.
November 28, 2008... Section: SET Filing - Reference is made to the fact that on November 25, 2008, CH. Karnchang Public Company Limited has signed the Agreement for the development of the Xayaburi Hydroelectric Power Project (the "Xayaburi Project") with the...

Thailand: PICNI extends deadline to submit financial statements.
November 28, 2008... Section: SET Filing - Picnic Corporation Public Company Limited (the "Company") has submitted SET the letter dated on 30 October 2008 to extend the deadline to submit the financial statements for Q1/2008 to 30 November 2008. The Company...

Thailand: TTL reports on business performance for fiscal year 2008.
November 28, 2008... Section: SET Filing - Regarding to the Company's fiscal year as from October 1, 2007 - September 30, 2008, now the Company's financial statement of the fiscal year as ended at September 30, 2008 has been audited by the Auditor. The details...

Thailand: MIDA notifies on exercise of warrants (MIDA-W1).
November 28, 2008... Section: SET Filing - Regarding to the Mida Assets Public Company Limited ("Company") has issued and offered 409,596,249 units of warrants 1 (MIDA-W1) and the exercised date to purchase the company ordinary shares of the Company every quarter...

Thailand: ASL changes of Directors.
November 28, 2008... Section: SET Filing - The Board of Directors' Meeting No. 11/2008 held on November 25, 2008 had resolutions required to be reported to you as follows: 1. The Meeting acknowledged the resignation of Mr. Craig Allan Carracher, from being...

Thailand: SIAM signs lease agreement to lease factory building.
November 28, 2008... Section: SET Filing - The Board of Directors' Meeting No.5/2008 of Siam Steel International Public Company Limited held on November 26, 2008 at 2.30 p.m. to 4.00 p.m. passed the following resolutions:- The Board of Directors has approved the...

Thailand: STHAI notifies on Director resignation.
November 28, 2008... Section: SET Filing - According to The Board of Director's Meeting of Shun Thai Rubber Gloves Industry Public Company Limited, Board Meeting No. 10/2551 dated November 12, 2008. The meeting acknowledged the resignation of SubLt. Pravit...

Thailand: TUF reports on BOD approve investment in Avanti Feeds Ltd.
November 28, 2008... Section: SET Filing - The board of directors of Thai Union Frozen Products PCL. at a meeting No. 7/2551 (2008) held on November 26, 2008 passed the following resolutions: 1.To certify the minutes made at Board of Directors No. 6/2551 (2008)...

Thailand: TTL abstains dividend payment.
November 28, 2008... Section: SET Filing - The Board of Directors' meeting No. 5/2008 held on November 26, 2008 has considered and passed the following resolutions : 1. Due to business performance for the 42nd Company's Fiscal Year (October 1, 2007 - September...

Thailand: Declaration by presidency of Council of European Union on situation in Thailand.
November 28, 2008... Section: General News - The Presidency of the Council of the European Union expresses serious concerns about the further deterioration of the political situation in Thailand, in particular with the siege of the international airport of...

Unrest Thailand: Statement by British Foreign Office Minister, Bill Rammell.
November 28, 2008... Section: General News - Foreign Office Minister, Bill Rammell, has commented on the current situation in Thailand urging 'all sides to this political dispute to resolve their differences peacefully and legally, respecting Thailand's...

Solomon Islands: Solomon Islands to improve safety and efficiency of domestic maritime services.
November 28, 2008... Section: General News - The Asian Development Bank (ADB) is extending a $14 million grant to help improve shipping services in the Solomon Islands to spur rural development and provide poor residents with greater access to markets and public...

Asia-Pacific: Public and private sector cooperation to combat corruption in Asia-Pacific.
November 28, 2008... Section: General News - Corruption in business transactions decreases competition, deters investment, and increases the cost of goods and services in the Asia-Pacific region. Attendees at the 6th Regional Anti-Corruption Conference for...

India: More lights for rural India powered by ADB loan.
November 28, 2008... Section: General News - The Asian Development Bank (ADB) has approved a loan of up to $225 million to support India's rural electrification program bringing steady and affordable power to mostly poor households. The loan will have a maturity...

Indonesia: ADB releases more funds for Indonesia's infrastructure sector reform.
November 28, 2008... Section: General News - The Asian Development Bank (ADB) is providing an additional $280 million loan to support ongoing critical reforms in Indonesia's infrastructure sector to further fuel economic growth and narrow the disparity gap. ...

Vietnam: Da Nang port eyes world status.
November 28, 2008... Section: Business News - Da Nang Port, advantageously located and upgraded in recent years, hopes to become a modern international container port, its chief has said. Nguyen Thu, its general director, says the port has a target of...

Vietnam: Authorities oppose draft regulations.
November 28, 2008... Section: General News - Abolishing licences for advertisements on boards and banners, proposed in a draft law on advertising drawn up by the Ministry of Culture, Sports and Tourism in a bid to further develop the advertising industry,...

Vietnam: Ministry rejects rise in vehicle fees.
November 28, 2008... Section: General News - The Ministry of Finance has turned down a proposal by the Ho Chi Minh City People's Committee which aimed to reduce traffic jams in Hanoi and Ho Chi Minh City. The proposal sought to raise vehicle-registration fees...

Vietnam: Taxis to be fined for meter fixing.
November 28, 2008... Section: General News - A fine of VND 13-20 million (US$812-1,250) would be levied on taxi drivers who tamper with meters to increase the number of kilometres, or otherwise raise the fare, said Hoang Van Manh, deputy chief inspector of...

Thailand: Bangkok flights cancelled.
November 28, 2008... Section: General News - As many as 15 flights between Hanoi and Bangkok were cancelled yesterday after Thai protesters besieged Suvarnabhumi Airport, shutting it down. More than 700 passengers were stranded after already checking in at...

Thailand: FDI makes big 2008 gains.
November 28, 2008... Section: Business News - Vietnam lured US$59 billion in foreign director investment (FDI) in the first 11 months of the year, including $726 million in November alone, the Foreign Investment Agency (FIA) of the Ministry of Planning and...

Thailand: Lower interest rates ease access to credit.
November 28, 2008... Section: Business News - Sharp cuts in both deposit and lending interest rates have spurred investment in several sectors, according to independent market researchers. The central bank's prime rate, cut to 11 per cent per year, has led...

Thailand: Plan for VND200 a minute phone calls.
November 28, 2008... Section: General News - The Ministry of Information and Communications has recommended that landline phone tariffs for domestic users be unified. If approved, in the new year, home users will pay just VND200 per minute irrespective of...