Uncategorized

As expected, the Cabinet quickly approved the huge Bt66-billion budget for its populist policies with the hope of winning majority support in the next general election.

Silver has been a lucrative investment option as its price has risen by 70% since January of last year, while analysts expect the rise to continue as the US dollar depreciates.

As forecast by many brokerages, the SET Index broke its resistance level to hit a high of 1,113.63 points last week. Continued foreign fund inflows, a positive outlook ahead of the midyear election, and robust Asian markets all drove trade.

The new government should focus more on tax restructuring, as it is the key to maintaining fiscal discipline amid greater need for infrastructure investment and spending on social programmes, economists say.

The Stock Exchange of Thailand Index is expected by some analysts to close the year at 1,200 points thanks to the rosy outlook for listed companies' earnings - a factor that continues to attract foreign funds and which helped pull the SET out of negative territory yesterday.

Ministry of Tourism and Sports released its latest tourists arrivals data for Thailand revealing a 14.9% increase for the first three months on 5,356,935 visits.

The government's land and property tax bill has passed final legal screening and is ready for parliamentary consideration, but politics will remains the key obstacle.

There is bad news for those determined to tackle global warming. No matter how desperately the world wants to reduce carbon emissions through a cut in fossil-fuel consumption, it seems an inescapable fact that such fuels will continue dominating global energy demand 20 years from now.

The baht, which last week spiked up above Bt30 per dollar for the first time since January, will continue to appreciate because of expected higher exports and more foreign direct investment, boosted by the natural disasters in Japan, according to HSBC Global Research.

The average round of golf was 29% cheaper in Thailand than in other leading golf destinations in Asia, according to a recent survey.