The governor of the Bank of Thailand has expressed confidence that there were no signs of bubbles in the banking sector, which witnessed average loan growth of more than 10 per cent in the first half of this year.
The Thai automotive industry is likely to miss its export target of 1 million units this year because of a shortage of car parts over the past two months resulting from the earthquake and tsunami in Japan, the Automotive Industry Club under the Federation of Thai Industries (FTI) says.
Central Food Retail Co (CFR), the operator of the Tops supermarket chain, will speed up expansion of Tops Daily stores and renovate its Tops Supermarket outlets.
Land appraisal prices in Bangkok will rise 15-30% on average in the next revision to take effect next year while condominium valuations will rise 15%, according to the Treasury department.
Hangover 2 has boosted Thai tourism by creating a new route featuring the movie's shooting locations, increasing foreign filmmakers' confidence in shooting their movies in the country.
Thai Union Frozen Plc (TUF), Thailand's largest seafood exporter, is confident it can achieve a 40% increase in sales this year to at least US$3 billion despite the European debt crisis, says president Thiraphong Chansiri.
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