2011-02-11

Gold contract fell off the New York market. After "Mu Barack" signal from the president resigned Egypt.

Gold market contract COMEX (Commodity Exchange) April delivery. Network. Fell $ 3 to close at 1,362.50 dollars / ounce After moving in a range of 1351.70 to 1364.50 dollars.

While the silver contract delivery month. Mar, Dropped 18.2 cents to close at 30.094 dollars / ounce
Copper contract delivery month. Mar , Increased 1.95 cents to close at 4.5435 dollars per pound.

The November contract platinum April delivery. Network. Fell 28.60 to close at U.S. $ 1,830.80 U.S. $ / oz.
Contracts and pulse Palladium delivery month. C. Decrease of $ 5.55 to close at 820.90 dollars / oz.

Disclosure of private traders in the market that
Investors sell gold contract after the president of Egypt, Moody Barack released the following statement that He will authorize the government to Vice President Omar Sulaiman Movement, which causes the expected. Smooth Barack will step down from office soon. To follow the call of the protestors. And to maintain domestic political stability.

In addition, gold contract has been under pressure from the U.S. dollar appreciated against major currencies.
Because investors have confidence in U.S. economic recovery. After the U.S. Department of Labor said. Number of unemployed receive benefits during the first week ending February 5, fell by 36,000, reaching 383,000 cases, the lowest level since early July of 2008.

2010-11-29

Ministry of Finance opened the 5-year plan to balance the statement. Increased revenue 17%

Mr. Areepong Pruchaoom Permanent Secretary, Ministry of Finance said. A balanced budget within five years of government policies that now have not spoken clearly needs to be restructuring. What a tax to increase government revenue. Is a preliminary assessment that Government expenditures during the next 5 years, totaling 10 trillion or 2 trillion per year as expenditure. The salaries of government officials. Free education policy. Care cost agricultural crops. Social Security Fund. National Savings Fund (Uoc.) while revenue was estimated from the result of tax and non tax The delivery of revenue from state enterprises. Asset Management Department of the Treasury and the Department of Lands.

By evaluating the degree of expansion of the Gross Domestic (GDP) at 5% per annum will need investment of about two billion baht in the next 5 years by excluding the investments of the state again. 1.5 billion baht to develop transport infrastructure. Support capabilities of the severe competition. Transport goods and people and tourists. Including irrigation, water management, which remains outside the Thai agricultural areas irrigated lot. The yield was still lower than the neighbors.

"To provide administrative expenditure and revenue in balance and level. The collection of revenue should be at the state level, 17% of GDP, which is still a little lower. We need to see the master plan tax Department stores and 3 Department that is what Currently, it is more common during the Fiscal Policy Office (FPO) and the Department of Revenue, including expenditure management to do the unnecessary. Investment is also required to recognize that Which part of the government will invest directly Investment by state enterprises. Or the nature of joint ventures between public and private (PPP) in the right format, "said Ari Pong said.

Mr. Satid Rungkasiri Revenue Department said that on November 29 Dental Revenue public hearing was held. To receive comments from stakeholders from the negotiating framework of the Convention or. Agreement for Avoidance of Double Taxation of the present Convention or agreement with Thailand. To the avoidance of double taxation with 54 countries, with more complex issues of tax structure. And state enforcement of laws that vary between the parties, Thailand.

In addition to the negotiations with the developed countries within the framework. Standard OECD. Meanwhile, developing countries have to follow the framework of the United Nations The new round of negotiations with countries from the new contract is necessary to consider the framework of negotiations on each issue as a standard in the box. Thailand in conjunction with the framework of international organizations such as OECD and the UN to integrate well.

"After this, the negotiation of international agreements made by the Department of Revenue. Will be based on new standards and directions to the Convention, they help remove barriers and tax issues that overlap. Help facilitate the investment. Have a positive impact on the economy and trade between countries within the framework which is acceptable to all parties will provide the framework for negotiation and success easily. The development of innovative joint beneficial to the nation and country. Parties are preparing an agreement.
,Mr. Satid Said.

2010-11-28

Foreign currency flowing into China jump 79 percent in October.

While China is to control inflation is accelerating. Have currency exchange rate inflows into the economy of China. Very high second in the history of the country. Associate of April. Network. In 2008, when the capital flows from foreign exchange A total of 525,000 million yuan from the news reports of the Beijing News reported on Saturday (26 November).

Expansion of the current foreign exchange in October. In part by China's trade surplus exceeded the increase of 27,200 million U.S. dollars. And funds from foreign direct investment, or between October and SDI. equal to 7700 million U.S. dollars.

The rate of return on land dragon rose more than in developed. Make speculative capital flows. Or hot money flowing into Chinese deluge. Increase of 42,800 million U.S. dollar deficit.

Beijing News quoting you, Mr. Ching Ming, an economist Annual Construction Bank of China, "China has entered into a high interest rate cycle. And increasing pressure from the current capital inflows. "

In the past month. Chinese central bank interest rates for the first time in nearly three years, those analysts predicted that interest rates will be up again in the near future.

Signal intensity of control financial sector, China also appears out of the month (November 2010) Bank of China has the cash reserve ratio of banks to lend 18 percent of total was the second time this year, China increased its rate. cash reserves and then 3 times.

Mr. Loo Zheng Wei economist of Bank of China, Industrial. Commented that "If the capital inflows to China have continued. Add a half-percent cash reserve ratio would not be enough to control the money supply has increased. Central bank cash reserve ratio should increase from 1 percent to 1.5 points. "

The international reserves of China. Whose value is the highest in the world at the end of July. Network. Totaled 2.64 trillion U.S. dollars, compared with 2.45 trillion in June.

2010-11-17

Asian stock markets absorbed the Thai negative 10.60 points concern the interest of China inflation extracted.

Asia shares flat After the Thai stock index closed down 10.60 points at 39,357.40 Volume million after investors worried China Cho interest in extracting inflationEuropean issues, including debt.
Today (17 November) off the Stock Exchange of Thailand.
Index stood at 990.13 points, or 10.60 points to 1.06% negative trading volume. 4,561,515,000 shares traded worth 39,357.40 million baht, the index adjustment to remove the foreign market countries. China, prepared by concerned interest rates to control inflation And debt issues in Europe. Resulting in a force out by selling shares across Asia. Between the hours of trading the index 978.52 points at minimum and a maximum of 997.94 points.
For securities that are worth trading Top 5 includes PTT closed at 316.00 baht delete 5.00 U.S. PTL closed at 33.75 U.S. plus 2.25 U.S. TRUE closed at 5.95 baht plus 0.15 U.S. BANPU close at 758.00 baht remove 26.00 baht and IVL to close at 47.50 Baht
plus 0.50 Baht

2010-11-15

PTT signal to move the oil marketing year 2011

PTT signal to move the oil marketing year 2011 is 1.80 baht per liter from 1.50 baht per liter this year. Why must improve the investment pump provides a more comprehensive retail point on the year 2011 competition for service Yan PTT. No distribution policy to reduce free trade. But how to develop products that will satisfy customers.

Mr.Charan Rungkasiri Vice President of retail oil company PTT. Co., Ltd. (Thailand) said that the year 2011 are likely vendors will have to modify the value of the oil market increased to at least 1.80 Baht per liter, because the cost of the investment business improvement service stations (pump) solutions to meet the increasingly diverse customers. The average market traders have been in this year at 1.40 to 1.50 baht per liter, a level that habitable But for investment to improve the pumping of new services in the market is now considered such a low

For the year 2011 fuel retail market will be adjusted in a more competitive service. Instead of focusing on improving the old pump, a pump new investment. Due to the more than 10,000 gas stations across the country is quite mature. While oil sales will grow at a rate not much. Because part be replaced by other renewable energy. The natural gas vehicle (NGV) Gas (LGP) of biodiesel and ethanol, however, PTT has no policy to reduce the exchange distributed free by the PTT. Will focus on creating quality products and customer service. main

Mr. Manu Siriwan oil experts said the potential oil business year 2011 competition is expected to be less severe oil traders to reduce investment to create a new pump. Due to high investment. But it turned to the old pump to improve customer service integrated with each other more modern will be focused on creating products aimed at oil products to green (green profile Products) reducing pollution.

"There is a possibility that traders will attempt to move the oil market in 2011 since the last gas station in the competition and improve customer service and high spending enough," said Manu said.
For refining the year 2010 now average well over a year ago. The estimated at U.S. $ 5-6 per barrel. Rate, which is enough to see some profits. The Outlook for 2011 is expected to be slightly higher than this year. Because forecasts global oil demand will rise from global economic growth.

2010-09-14

Investment Promotion Add 45% BOI point another billion Baht

Mr. Chaiwut Bannawat Minister of Industry said that the meeting of the Board of Investment. (Board BOI) with Prime Minister Mr Vejjajiva President on September 13 to acknowledge the survey's confidence by foreign investors that the year 2010 the BOI has นัก opinion. foreign investors to invest in Thailand. Include companies receiving and not receiving investment promotion period February - July 2010, with respondents of 686 companies found that foreign investment in Thailand. The level of confidence in all aspects over the past year. Specific results. The confidence level was increased from 71.9% confidence index of 41.5% in 2009 with just over 50% of investors plan to maintain investment in Thailand during the years 2010-2011 and to consider the year 2011. further improved while 45.1% of investors plan to expand in Thailand more. Because they believe the rights and benefits of investment. And other support measures by government, however, the 3.7% of the investment plans scaled down Because they are affected by global economic recession. And assess the market in Thailand is small.

In addition, the BOI also reported a Survey of employment, production and distribution. The company received a large investment from the BOI. And the value of all investment projects together over 500 million U.S. The survey included 400 companies as of July 2010 found that companies in all industries. Employment increased by 9.3% compared to the same period last year. Both the full-time staff and staff in the Outsource and six months from now with more than 209 companies and 52% will increase employment. Most are in automotive and electronics. While the company plans to expand investment in 2011 of 97 companies with total investments worth U.S. $ 131,535 million, distributed in all industries.

For application support direct investment abroad (FDI) in the eight months of total 527 projects totaling 122,151 million baht project increased 29.5% compared to the same period last year with 407 projects while the value of investments. increase of 43.2% over the same period in 2009 value was 85,267 million baht, up 43.5% of Japanese investors is the group to invest in Thai maximum value of 49,723 million baht, followed by a Spanish Singapore respectively.

2010-09-08

Baht appreciation last year of around 13 Years , three groups FTI industries has been the hardest.

foreign money flowing shoulder Most strong U.S. pressure touch a record 31.02 during the first 13 years of strength or direction since 1997 is to continue. Summary of Survey prepared FTI effects of coffee before export measures to tap the government if 30 points per dollar's. More impact if the 29 baht crisis certainly

Executives money from Bangkok Bank (Thailand) said the baht yesterday (9 September) moved appreciation continued throughout the day. The market opened at 31.13 to 31.14 baht per U.S. dollar. The level of depreciation end of the day. And closing at 31.02 to 31.03 baht per U.S. dollar. A level that most of the day stronger. The factors that make the baht appreciated rapidly. Due to concerns about the global economy and U.S. economy have made money. Capital flows to Asia continued. No measures are combined with measures to take care of the official U.S. currency out making money. U.S. appreciated more

For today the baht would have appreciated the same factors as well. But not fast It might be rebound value depreciation brief. , But directions to go up By looking within the 31.90 to 31.10 baht per U.S. dollar level.

Executives money from Thai Farmers Bank Ltd. (Thailand) said today that the baht appreciation during the last 13 years, touching 31.04 to 31.06 per dollar level for state Which is considered hard labor than any currency in the region. The main variables from capital inflows. Including the BOT. No measures along with the rumors out.