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Investment

Asian stocks fall as Europe anxieties flare again

BANGKOK (AP) — Asian shares were mostly lower Thursday as investors again began to doubt Europe’s ability to cauterize its worsening debt crisis.
Benchmark oil hovered above $81 a barrel while the dollar dropped against the euro but was steady against the yen.
Japan’s Nikkei 225 index shed 0.2 percent to 8,602.96 and Australia’s S&P/ASX 200 fell 1.2 [...]

Read More » No commentSeptember 29, 2011

Asian shares tumble as Europe fears deepen

Asian markets tumbled on Monday and the euro was further pressured by nagging uncertainty over the eurozone as leaders of the debt-troubled region struggle to find a plan to solve the crisis.
The week got off to a poor start as investors were left unimpressed by a commitment at the weekend from G20 finance chiefs that [...]

Read More » No commentSeptember 26, 2011

Asia stocks drop amid recession fears, debt crisis

BANGKOK (AP) — Asian stock markets fell Monday as investors grew increasingly convinced that Greece would default on its debts, an event that economists say has the potential to spark a global downturn.
Oil prices hovered below $80 per barrel while the dollar strengthened against the euro but was lower against the yen.
Japan’s Nikkei 225 index [...]

Read More » No commentSeptember 26, 2011

Asia Extends Slide

Asian stocks ended mostly lower in choppy trade Friday, extending losses amid a global market rout, but some markets came off lows as a Group of 20 nations statement gave a slight boost to sentiment.
“This type of move was inevitable. Traders are now facing up to fact that central banks could be coming to the [...]

Read More » No commentSeptember 24, 2011

Bangkok attracting fashionistas

Bangkok is becoming a leading venue attracting global fashion brands, helped by increasing affluence of local consumers and rising foreign tourist arrivals, while the traditional role of regional markets such as Singapore and Hong Kong has diminished.
After the political unrest of the past few years, the capital has witnessed a parade of the world’s most [...]

Read More » No commentSeptember 9, 2011

$400m LNG expansion

PTT doubling capacity as demand rises
MAP TA PHUT : The national oil conglomerate PTT Plc is preparing to expand its liquefied natural gas (LNG) receiving terminal at a cost of US$400 million, with construction expected to start next year.
Outgoing chief executive Prasert Bunsumpun said the expansion was necessary to cope with rising demand for the [...]

Read More » No commentSeptember 8, 2011

Apple attacked over pollution in China

Chinese environmental groups have accused Apple suppliers in the country of systemic pollution, underscoring the pressures on one of the world’s biggest companies as opposition grows in China to environmental degradation as the cost of economic growth.
In a report released on Wednesday, five Chinese non-governmental organisations said the US technology company was using suppliers with [...]

Read More » No commentSeptember 2, 2011

Oishi ready for exports

Oishi Group Plc plans to spend 1.1 billion baht to expand green tea production capacity to support future overseas growth.
President Matthew Kichodhan said the company would install new machinery at its plant in Navanakorn Industrial Estate in Pathum Thani next year to double its capacity to 360 million bottles per year. The factory also produces [...]

Read More » No commentSeptember 2, 2011

Asian interest means Africa needs new economic vision

In a much-publicized statement apparently aimed at China, during her recent visit to Africa U.S. Secretary of State Hillary Clinton warned against a “new colonialism in Africa,” where it was “easy to come in, take out natural resources, pay off leaders and leave.”
While these concerns require attention, Africa’s most important challenge is to reconstruct its [...]

Read More » No commentSeptember 1, 2011

CentralPlaza Lardprao poised to reopen in trendier fashion

Central Department Store (CDS) will reopen its Lat Phrao branch on Sunday with more than 100 brands and services aimed at stylish and trendy customers.
President Yuwadee Chirathivat yesterday said the 900-million-baht renovation of CentralPlaza Lardprao is now finished.
The five-storey building, with retail space of 41,000 square metres, has been given a new young and fun [...]

Read More » No commentAugust 23, 2011