Business & Economy
AirAsia plans Thai, Indonesia listings - paper
Malaysian low cost carrier AirAsia plans to list on the Thai stock exchange and later on in Indonesia, its chief executive Tony Fernandes told the Business Times newspaper.
Thailand Aims To Boost Private Sector Role In Stimulus Program
The Thai government is targeting a bigger role for the private sector in boosting economic growth, raising the value of projects it expects to finance in partnership with private investors to 10% of its THB1.43 trillion ($43.07 billion) investment...
Coca-Cola Thailand will launch 4 health drinks in 3 years
Coca-Cola Thailand is expanding its non-alcohol drink portfolio by planning a launch of 4 new health beverages within 3 years. This is in tandem with its worldwide ‘Live Positively’ program.
Senate Says Health Plan Will Cover Another 31 Million
WASHINGTON — Democratic leaders in the Senate on Wednesday unveiled their proposal for overhauling the health care system, outlining legislation that they said would cover most of the uninsured while reducing the federal budget deficit.
Turkish Airlines seeks Thai Airways codeshare
Turkish Airlines wants to forge a partnership with Thai Airways International as part of an aggressive growth plan centred on Asia.
Thai-made Mazda 2 exports ready to start: Free trade pacts help sales outlook
Exports of Mazda 2 five-door hatchbacks built at the AutoAlliance Thailand plant in Rayong will begin next month to Asean and Australia.
Thailand's Big C sees 2010 sales, profit higher
Thai hypermarket group Big C Supercenter BIGC.BK said on Thursday it expected growth in both net profit and sales of 6-7 percent in 2010, helped by the opening of new branches and a likely pick-up in the economy.
CIMB Thai Rises on Speculation Parent May Delist Unit
CIMB Thai Bank Pcl surged by a record in Bangkok on speculation its Malaysian parent will delist its shares, prompting the Thai exchange to urge investors to “be careful” in trading the stock.
Thailand to reconsider huge borrowing plan if economy continues to pick up: PM
The Thai government will reconsider if it still needs to borrow a fund worth 200 billion baht (6.02 billion U.S. dollars) to boost the domestic economy, if the economy continues to recover next year, Prime Minister Abhisit Vejjajiva said Thursday.
Cambodia takes over Thai-owned air traffic control firm as row deepens
Cambodia has taken over the running of the country's Thai-owned air traffic control firm, in a deepening row between the two neighbouring countries.
Thai Minor plans $120 mln expansion in 2010
Thai luxury hotel group Minor International Pcl (MINT.BK), operator of the Four Seasons and Marriott hotels in Thailand, plans a 4 billion baht ($120 million) expansion next year, a senior official said on Tuesday.
Obama Administration To Form Financial Fraud Task Force
The Obama administration announced Tuesday the formation of an interagency task force to combat financial fraud.
U.S. Economy: Production, Prices Increase Less Than Forecast
Industrial production and wholesale prices in the U.S. rose less than forecast in October, giving the Federal Reserve more reason to keep interest rates near a record low for an “extended period.”
Malaysia’s CIMB to Seek Dual Listing in Thailand
KUALA LUMPUR: Malaysia's CIMB Group Holdings is considering a Thailand stock market listing in the first half of 2010 and hopes to raise 452.20 million ringgit (US$135 million).
Health bill foes solicit funds for economic study
WASHINGTON — The U.S. Chamber of Commerce and an assortment of national business groups opposed to President Barack Obama's health care reform efforts are collecting money to finance an economic study that could be used to portray the legislation ...
N.Y. $10 Billion Budget Gap Looms as Lawmakers Return to Albany
A month after New York Governor David Paterson proposed a plan to narrow a $10 billion budget gap the state faces in the next 17 months, lawmakers are set to return to the state capital of Albany today with no agreement in place.
US government wants to oversee safety for subways, light rail
The Obama administration plans to propose that the U.S. government oversee safety for subway and light rail systems, a move prompted in part by the deadly collision of two trains in Washington this year.
IATA wants single airport for Bangkok
The International Air Transport Association is urging the government to operate a single airport for Bangkok and suggests officials build a domestic terminal at Suvarnabhumi.
GOP chairman ends abortion insurance for employees
WASHINGTON — A chagrined GOP Chairman Michael Steele has told Republican National Committee staff to immediately stop providing RNC employees with insurance for elective abortions — an option that Republicans strongly oppose as Democrats try to pa...
Thailand wants settlement of 2.5G concessions
The Thai government will ask mobile phone operators to settle concession fees for access to the domestic 2.5th-generation mobile service network for the remainder of their contracts as a precondition for the right to participate in the third-gener...