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World Bank forecasts Thailand’s GDP growth to 6.2 per cent in 2010

All in all, a more favorable external environment should help boost real GDP growth to 6.2 percent in 2010. After this year, slower growth in developed countries, emerging capacity constraints as capacity idled during the crisis is quickly put to use, and the weight of the ongoing political turmoil on new investment, should likely keep growth below Thailand’s historical average of 5.1 percent Thailand Business News

Thailand’s opposition rally losses three hundred million baht

Businesses stand to lose two or three hundred million baht in revenue today because of the anti-government rally blocking Ratchaprasong intersection, Thanawat Polwichai, director of the Economic and Business Broadcasting Centre at the University of Thai Chamber of Commerce, said on Saturday. Thailand Business News

Small and medium enterprises are making up 99.7% of Thai companies

Small and medium enterprises are the beating heart of  Thai business, making up 99.7% of companies operating in the country. The semi-governmental agency that offers them support is known as OSMEP, or the Office of ... Thailand Business News

Standard Chartered Regional Head hints on Real Estate in Thailand

Mr. Fergal G Harris, is Regional Head, Commercial Real Estate, South East Asia Wholesale Banking, Standard Chartered How would you rate the Thailand luxury property sector’s performance in 2008 and early 2009 and what were the major issues ... Thailand Business News

Online ad spending expected to increase more than 30 per cent

The boom in online social media is expected to lead to an increase of more than 30 per cent in online-advertising spending this year. The increasing number of people engaged in the social networks and more time being spent online by Internet users are two main factors being used to convince marketers to spend more on online advertising, according to marketing agencies.

Property developer Tanayong acquires BTS for 40 billion baht

The SET-listed property developer Tanayong Plc will pay 40 billion baht to raise its shareholding in Bangkok Mass Transit System BTSC, the operator of the capitals elevated train system, to 94.6% from 0.38% at present.Under ... Thailand Business News

Thailand visa rules and regulation survival guide

The rules and regulation regarding Thai visa obtainment can be changing and therefore misunderstood. The reason for this complexity is due to the fact that the rules have been constantly in a state of flux for years. The first aspect of Thai Immigration procedure that throws many people off is...

Government urged to get moving soon on draft retail and wholesale act

Members of Parliament and the Board of Trade of Thailand have urged the government to move quickly on amending the draft retail and wholesale business law to allow small retailers to survive as giant modern retailers pursue aggressive expansion plans.