Foreign investors worried about baht stability

Joint Foreign Chambers of Commerce in Thailand JFCCT chairman Nandor von de Luehe said its members will not shift their investment bases to other countries because they remain confident of Thailand’s growth potential, Industry Minister Chaiwuti Bannawat said.

Cancellation of 3G in Thailand shakes investor confidence

A court decision to issue an injunction suspending the planned auctioning of Thailands third generation 3G network system has shaken confidence among foreign investors keen on investing in Thailand because they fear they could face legal barriers and regulatory risks if they invest here.

Stronger Baht drives Western condo buyers away

The baht’s appreciation against European currencies has changed the demographics of condominium…

Stock Exchange of Thailand (SET) likely to reach 1,000

Thailand Stock Exchange (SET) composite index is likely to reach 1,000 points this year if foreign capital continues flowing into the Thai bourse, according to a top securities executive. But index had risen rapidly by more than 200 points within three months, so it is expected the market is almost saturated and could face a profit-taking run at any time.

Foreign firms to co-invest with Thais on 3G network system in Thailand

Minister of Information and Communication Technology Chuti Krairiksh said he had ordered a revision on the planned bidding to launch the innovative 3G network services to allow Thai investors to co-invest with foreign firms.

Value of registered foreign businesses decreased 25% in Thailand

Foreign businesses registered in Thailand plunged 25 per cent in the first half of the year, to a value of Bt1.2 billion, the Business Development Department reported yesterday. The recent political unrest was given as the main reason.

Stock Exchange of Thailand may open trading system to foreign investors

The new president of the Stock Exchange of Thailand is pondering opening up the central trading system to foreign investors. Opening the trade system to foreign investors would be a way of boosting liquidity, particularly for the top 30 per cent of listed companies, which could be promoted to be on a par with their regional peers.

Thailand aims to be Asia’s Movie production Hub

According to the Thailand Film Office, there were 116 foreign movies which were filmed in January and February this year, generating a total income of 213 million THB. Out of this number, 40 were documentaries, 60 advertising movies, 5 feature flms, 7 TV movies, and 4 music videos.