The Securities and Exchange Commission envisions setting up a trading board for selected companies in 2013. Coupled with auditors' support in catching listed and non-listed companies' pay-offs to politicians and civil servants, the watchdog hopes it can support the private sector's effort to combat corruption.
Recap: The Stock Exchange of Thailand caught the S&P Flu along with the rest of the world last week but staged a modest rebound after the US Federal Reserve pledged to keep interest rates near zero for two more years if that's what it takes to get the world's largest economy moving again.
Total Access Communication (DTAC) will press ahead with the launch of its third-generation wireless broadband service in Bangkok this week as planned, despite a possible legal threat from its concession owner CAT Telecom.
European Food, a leading local manufacturer of confectionery products, has developed a medium-term strategy to meet the challenge of the coming Asean Economic Community, including a plan to set up its first overseas factory somewhere in the region.
The presence of a Mitsubishi Fuso truck plant will increase the chances for Thailand to assemble Subaru automobiles, according to Glenn Tan, executive director of Tan Chong International Ltd, the Hong Kong-listed motor distribution, property and trading group.
The Thai retail industry recorded an active second quarter with significant developments outside of Bangkok and a hypermarket consolidation.
Foreign and Thai buyers alike are flocking to the beaches of Pattaya, snapping up condominiums and giving the local real estate market a needed boost. As the closest beach to the capital of Bangkok and boasting top of the line amenities, the beachside city will only continue to grow in the near future, according to Property Wire.
Local price tops B25,000 for first time. As stock markets continued their sharp decline, world gold prices soared to a record $1,779 an ounce yesterday and local prices broke the 25,000-baht barrier for the first time as investors sought safer places to park their cash.
There will be no immediate impact on AsiaPacific sovereign ratings resulting from the lowering of the issuer credit ratings on the US to 'AA+' on Friday, Standard & Poor's Ratings Services said today amid selloffs across the region.
The property market will benefit from political stability and the government's policy of boosting demand in the first-home market in the second half of this year, according to property experts.
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