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Showing results for tags 'economy'.
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American born entrepreneur William Heinecke, 64, makes his debut among the world’s billionaires, thanks to a surge in the value of his Minor International hotel and food company. Shares of the outfit, in which he has a one third stake, were up 5% on Thursday; they have nearly doubled in the past...
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Until last year, business was good for Charoen Laothamatas, the president of Thai rice exporter Uthai Produce. With Thailand dominating the global market for rice exports, Uthai enjoyed strong demand. In 2012, though, Charoen had to cut his workforce by 40Â percent. Thailand’s Farmer-Friendly Rice...
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Thailand’s economy is rapidly gaining momentum on loose monetary and fiscal policies, but it may be growing too quickly for its own good, according to Nomura Research. Thai authorities have insisted that they remain conscious of not compromising fiscal sustainability. Economy may be growing too fas...
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Bernanke: recession could end in '09 WASHINGTON ? America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview. In carefully hedged remarks in a taped interview with C...
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Interesting read. http://sunbeltasia.com/contents.aspx?page=aa9957d2-85b2-4062-a7e7-69f53ffc6e58 [ATTACH=CONFIG]119873[/ATTACH]
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Thailand's status as the world's top rice exporter is under threat from a controversial scheme to boost farmer incomes that has resulted in a growing mountain of unsold stocks, experts warn. Prime Minister Yingluck Shinawatra's year-old policy to buy rice from farmers for 50 percent more than the m...
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Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/03/13/bloomberg_articlesM0STY06S972A01-M0T7S.DTL#ixzz1p7LUalFT
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At this point;2 AM bkk time, it is the time of almost closing bell of stock markets in the US. All of the exchanges are negative while gold price is climbing up.I just can't sleep and want to think about how Thai stock market will perform tomorrow. What would your ideas on how to manage your mone...
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http://www.google.com/hostednews/ap/article/ALeqM5idiOE0aYmMcMWf6ulViZ_AmW728g?docId=32689c37168c47fa8dd8c68ff286648f Interesting to see this story covered in the international press because most of the local press (Bangkok Post, The Nation) have portrayed the rice subsidies as being a huge benefit...
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Nice in depth look at the world wide economic crisis. If you only have time for one, click on number four below. BTW, each of these are 45 minutes long, and last one pretty much sums up the previous 3 links.
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It started out as a subprime issue in the US. Now, it is likely the US will enter a recession. Not only that, but the subprime fallout is also affecting credits worldwide - and this could possibly lead many countries into a recession as well. There is going to be major cutbacks (sackings) wo...
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The price of driving a car keeps going up and up :shock: Someone is getting rich :twisted: What are you paying now for a litre :?: Thailand about 26 baht US about 31 baht UK about 75 baht :shock: :shock:
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Is it just me or does this Government Housing Bank deal offering zero interest for the first two years on home purchases under 3 million baht sound like a housing bubble in its last stages? http://www.bangkokpost.com/news/local/236184/first-home-buyers-flock-to-interest-free-loan-offer Nearly 6,...
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My friend took a taxi last week, and the taxi driver thought my friend was glad about PTP. policy. Minimum wage for new graduated BA. 15000 / month. and minimum wage will be 300 baht / day. My friend told him it doesn't matter, cuz cost of living would gain up. It's disappointed why most of Thai p...
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The ‘food bubble’ is bursting, says Lester Brown, and biotech won’t save us http://www.grist.org/article/food-2011-01-12-lester-brown-the-food-bubble-is-bursting by Tom Philpott 12 Jan 2011 3:53 PM Camp in HaitiHaitians awaiting food distribution from a U.N. food program.Photo: U.N./Sophi...
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Where can I get the best exchange rate in BKK, Samui and Chiang Mai? Thank you.
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I was so happy when I read today my Newsweek Magazine, at last people realized how dangerious are the chinese goods for both the health and the enviroment. I expect the same strong movements will grow eventually into Europe and other parts of Asia, where consumers are so tired from the poor quality...
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Starbucks will close 70% of its Australian stores and slash more than half of its workforce as the once-mighty coffee giant battles an economic downturn in the US, its own rapid expansion and local competition. Across the country, the company's 84 cafes closed yesterday at 2pm. Employees were summo...
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By 2050 solar power could end U.S. dependence on foreign oil and slash greenhouse gas emissions By Ken Zweibel, James Mason and Vasilis Fthenakis Scientific American Magazine, December 2007 ABOUT THE AUTHOR(S) Ken Zweibel, James Mason and Vasilis Fthenakis met a decade ago while working on life-...
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07 March 2007 How many baht is a dollar worth today? 32.7986 - www.xe.com/ucc/convert.cgi 32.63 - www.thailandfriends.com/index.php?name=Portal 34.88-35.53 - www.bangkokbank.com 35.20-25 - www.bangkokpost.com 35.53 - 32.63 = 2.9 baht per dollar difference depending on where you are buying a...
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Hello ! Just wondering about one thing, what trade area in Thailand generates the most income for the country. Most people here in the west would say the tourist industry, i am not sure that is true. Tourism is without doubt a important industry for Thailand, but i'm not sure that it is generati...