[11 Mar 2010 | No Comment | 38 views]
Thai central bank keeps policy interest unchanged at 1.25 pct

 

The Bank of Thailand (BoT) yesterday decided to keep its policy interest rate, which has come into effect since early April last year, unchanged at 1.25 percent.
The central bank’s Monetary Policy Committee (MPC) during its meeting yesterday still saw several risk factors which could hamper the continuation of global economic recovery despite the country’s economy has improved satisfactorily since the last quarter of last year.
Paiboon Kittisrikangwan, the central bank’s assistant governor, on behalf of the MPC’s secretary, said although the global economic outlook has improved and some countries have begun …

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ECONOMY, Headline, News »

[11 Mar 2010 | No Comment | 38 views]
Thai central bank keeps policy interest unchanged at 1.25 pct

 

The Bank of Thailand (BoT) yesterday decided to keep its policy interest rate, which has come into effect since early April last year, unchanged at 1.25 percent.
The central bank’s Monetary Policy Committee (MPC) during its meeting yesterday still saw several risk factors which could hamper the continuation of global economic recovery despite the country’s economy has improved satisfactorily since the last quarter of last year.
Paiboon Kittisrikangwan, the central bank’s assistant governor, on behalf of the MPC’s secretary, said although the global economic outlook has improved and some countries have begun …

EVENTS »

[1 Mar 2010 | No Comment | 126 views]
March 2010 Events

The 31st Bangkok International Motor Show — one of the highlights of March 2010 events
March 2 - 3, 2010
Event:  National Skill Standard Day 2010
Venue:  IMPACT, Muang Thong Thani
Description:
The event features an exhibition to honor His Majesty the King, skill standard test, skill competition demonstration, general-career training, career training based on Thai wisdom, products and services showcase and handing skill standard certification to enterprises.
Organiser: 
Department of Skill Development

BUSINESS, News »

[25 Feb 2010 | No Comment | 50 views]
PTT’s 2009 profit rises 15 pct to B59.5 bln

Thailand’s largest energy firm PTT Plc on Monday reported its 2009 net profit of 59.5 billion baht, an increase of 15 percent or 7.8 billion baht from that of 2008.
In a letter to the Stock Exchange of Thailand (SET), PTT’s president and chief executive officer Prasert Bunsumpun reported that the company’s consolidated net profit in 2009 rose to 59.55 billion from 51.7 billion baht a year earlier, resulting an increase in the earnings per share to 21.06 baht from 18.33 baht in 2008.
Last Friday, PTT had earlier submitted its financial …

ECONOMY, News »

[23 Feb 2010 | No Comment | 78 views]
Thai economy grows 5.8 pct in the fourth quarter last year

Thailand’s national planning agency yesterday announced that the country’s economy grew 5.8 percent in the last quarter of last year, compared with the same period of 2008, after a prolonged contraction during three previous quarters.
According to Dr. Ampon Kittiampon, secretary-general of the National Economic and Social Development Board (NESDB), the overall economy for the entire 2009 however still contracted 2.3 percent as a result from the contraction of 7.1, 4.9 and 2.7 percent in the first three quarters of the year, when compared with the corresponding periods in 2008.
The NESDB, …

Featured, PEOPLE »

[18 Feb 2010 | No Comment | 74 views]
Thiraphong Chansiri, President of Thai Union Frozen Products Plc (TUF)

Age:  45

Education:
Bachelor’s Degree (Marketing), Assumption University
Master of Business Administration (Management), University of San Francisco, USA

Other Positions:
Chairman, Thai Union Seafood Co., Ltd.
President, Thai Union International, Inc.
President, Thai Union Graphic Co., Ltd.
President, T-Holding Co., Ltd.
Executive Director, Thai Union Manufacturing Co., Ltd.
Executive Director, Songkla Canning PCL.
Director, Asian-Pacific Can Co., Ltd.
Director, Thai Union Feedmill Co., Ltd.
Director, Marine Biotech Co., Ltd.
Director, Thai Marine Development Product Co., Ltd.

BUSINESS, News »

[18 Feb 2010 | No Comment | 63 views]
TUF’s 2009 net profit grows 52 pct to record breaking B3.34 bln

Thai Union Frozen Products Plc (TUF), Thailand’s leading manufacturer and exporter of frozen and canned seafood, recently announced that its net profit for last year had reached a record breaking 3.34 billion baht, an increase of 52 percent from that of 2008.
TUF’s president Thiraphong Chansiri on Monday disclosed that the huge increase in the company’s 2009 net profit was partly the result of a dramatic profit surge in the fourth quarter from 307 million baht in 2008 to 718 million baht last year.
The company’s annual sales in US dollars for …