ThaiVest Editorial Team

Thailand's exports jumped 31 per cent in February on year to US$18.86 billion, the highest monthly amount in history, according to the Commerce Ministry.

Thailand’s Asian Property Development (AP) is eyeing revenue growth of 25 per cent to THB17 billion (US$559 million) this year, with plans to launch 20 new projects focusing on both condominiums and low-rise developments.

Property firms have enjoyed a high rate of presales in the first quarter of this year despite the Bank of Thailand's measure limiting loans to 90% of the value of condominium units, which came into force on January 1. A survey by The Nation early this week found that the top 10 listed property developers recorded presales worth nearly Bt40 billion between January 1 and the middle of this month.

Nissan's move follows that of Mitsubishi Motor Corporation, which introduced its i-MiEV electric vehicle after completing fleet testing in Thailand under an agreement it struck with the government late last year.

True Corporation is moving aggressively into high-speed fibre-optic networking for corporate customers with the introduction of up to 10-gigabit ethernet service to meet demand for greater bandwidth.

The Housing Finance Association expects growth in new home loans this year to slow to 8%, down from 9.2% last year, because of rising interest rates and cessation of tax incentives.

Thai Union Frozen Products (TUF), the country's largest exporter of frozen and canned seafood, projects its first-quarter revenue will grow by at least 30% year-on-year as destruction from massive quakes may prompt more orders from Japan.