Bangkokpost.com : Business

Release of NBTC's 3G report delayed

Mon, 28 May 2012 17:00:00 GMT

In a surprise move, the preliminary findings of the investigation by the National Broadcasting and Telecommunications Commission (NBTC) into the third-generation (3G) network deal between CAT Telecom and True Corporation has been postponed.

AoT cuts flights during runway repair

Mon, 28 May 2012 17:00:00 GMT

Airports of Thailand Plc (AoT) will curtail incremental scheduled and charter flights during the shutdown of one of the two runways at Suvarnabhumi airport for maintenance next month.

Searching for better food security

Mon, 28 May 2012 17:00:00 GMT

The importance of food and agriculture to Thailand is indisputable. About 40% of the population depends on agriculture for their livelihoods and it contributes about 10% to gross domestic product.

AIA looks to expand real estate assets

Mon, 28 May 2012 17:00:00 GMT

American International Assurance (AIA), Thailand's largest life insurer, is keen to expand its investment into real estate to make use of its massive 580 billion baht in investment assets.

Labour law update: Daily minimum wage

Mon, 28 May 2012 17:00:00 GMT

On April 1, in accordance with an announcement by the Central Wage Committee, the daily minimum wage was increased to 300 baht in seven provinces _ Bangkok, Nakhon Pathom, Nonthaburi, Pathum Thani, Phuket, Samut Prakan and Samut Sakhon. Elsewhere, the rate varies from province to province.

Release of NBTC's 3G report delayed

Mon, 28 May 2012 17:00:00 GMT

Fiscal Policy Office to expand GDP projection to surpass 5.5%

Mon, 28 May 2012 17:00:00 GMT

The Finance Ministry expects the economy will exceed its earlier growth projection of 5.5%, says Somchai Sujjapongse, director-general of the Fiscal Policy Office.

BCP posts marginal Q2 inventory loss as oil sinks

Mon, 28 May 2012 17:00:00 GMT

Bangchak Petroleum Plc (BCP), the state-owned refinery, expects some inventory loss this quarter, as the global oil price may sink to an average of US$100 a barrel on the worsening European economic situation, the prolonged Iranian nuclear talks and lower seasonal demand.

AAV owners claim shares locked up

Mon, 28 May 2012 17:00:00 GMT

The major shareholders of Asia Aviation (AAV) have denied they plan to dump their stock following the company's initial public offering (IPO).

Wage hike drives industries away

Mon, 28 May 2012 17:00:00 GMT

Last month's increase in the daily minimum wage is prompting the more labour-intensive industries such as food and textiles to relocate to border provinces and neighboring countries in a bid to cut costs.

AoT cuts flights during runway repair

Mon, 28 May 2012 17:00:00 GMT

Airports of Thailand Plc (AoT) will curtail incremental scheduled and charter flights during the shutdown of one of the two runways at Suvarnabhumi airport for maintenance next month.

No worries over Thein Sein no-show

Mon, 28 May 2012 17:00:00 GMT

President Thein Sein's no-show at the World Economic Forum in Bangkok this week is unlikely to undermine the friendly relations forged between his government and the Yingluck Shinawatra administration.

Govt says WEF not threatened by protests

Mon, 28 May 2012 17:00:00 GMT

The government is confident that this week's World Economic Forum on East Asia will proceed smoothly despite the spectre of mass street protests tomorrow.

White sugar value near 7-mth high

Mon, 28 May 2012 11:57:00 GMT

White sugar's premium over the raw variety climbed to the highest level in almost seven months on May 25 as Iraq, Sudan, Egypt and Syria stepped up purchases, according to Rolle, the Switzerland-based Swiss Sugar Brokers.

FPO ups GDP growth projection

Mon, 28 May 2012 11:04:00 GMT

The Finance Ministry's Fiscal Policy Office has increased its gross domestic product growth forecast for this year to "more than 5.5 per cent" year-on-year, FPO director-general Somchai Sajjapongse said on Monday.

Thein Sein delays Thailand visit

Mon, 28 May 2012 07:25:00 GMT

Myanmar president Thein Sein has postponed his trip to Thailand until a few days after the World Economic Forum East Asia in Bangkok, the WEF's senior director and Head of Asia Suchant Palakurthi Rao said on Monday.

SET up 0.04% midday

Mon, 28 May 2012 05:39:00 GMT

The Stock Exchange of Thailand main index gained 0.48 point, or 0.04 per cent, to stand at 1,133.31 points at the end of trading session on Monday morning. The trade value was 10.10 billion baht, with 1.34 billion shares traded.

WEF Blog: Waking up to the threat of natural disasters

Mon, 28 May 2012 04:59:00 GMT

Last year was a major wake-up call for the global economy. With natural catastrophes causing economic losses of approximately US$ 366 billion, the highest on record, the question I’m left pondering is this: Has anyone woken up yet?

WEF Blog: Waking up to the threat of natural disasters

Mon, 28 May 2012 04:59:00 GMT

WEF Blog: Goals for getting to zero on extreme poverty

Mon, 28 May 2012 04:56:00 GMT

Societies around the globe are confronting a daily sense of fragility as economic, environmental, and social forces combine to produce surprise after surprise after surprise. There is a common fear that, even in cases of rapid advance, the gains might prove illusory or unsustainable.

WEF Blog: Goals for getting to zero on extreme poverty

Mon, 28 May 2012 04:56:00 GMT

WEF Blog: mHealth: an idea whose time has come

Mon, 28 May 2012 04:06:00 GMT

Puja lives in a remote village in Bangladesh with her husband and his elderly father. She got married a year ago, and now she is pregnant with her first child. She is concerned about what diet to follow to ensure the baby is strong and healthy, but the doctor only comes by her village every second week.

WEF Blog: mHealth: an idea whose time has come

Mon, 28 May 2012 04:06:00 GMT

WEF Blog: Freedom to travel: opening markets by opening borders

Mon, 28 May 2012 04:02:00 GMT

The global economy is suffering from a prolonged downturn brought on by events ranging from fiscal crises in the West to natural disasters here in Southeast Asia. Policy debates worldwide increasingly reflect the need for economic growth and job creation. With global unemployment of 200 million and 40 million people projected to enter the labor force every year, 600 million jobs will need to be...

WEF Blog: Freedom to travel: opening markets by opening borders

Mon, 28 May 2012 04:02:00 GMT