Association of gold baht. gold expects lower the second half

Gold Traders Association believes U.S. solid gold lower the second half to less than 20,000 baht may increase the maximum 19,000 baht of gold world market trends. If the speculators moved into the investment market weaving words I could go through resistance test at 1,300 U.S. dollars / oz.

Today (Aug 25) Mr.Chitti Tangkitpakdee. Gold Traders Association said the price of gold in the second half of this year may rise to 19,000 Baht Per 0.53 oz. each, which is the direction the world gold market. Also have the opportunity to increase the resistance was tested at 1,260 per ounce Due to speculators investing in the stock market to move the gold price speculation. If the resistance through which the will to test the U.S. $ 1,300 / oz.

The appreciation of the baht and interest rates in the rising price of gold in the pressure. Countries did not increase to much. And believe that prices this year to less than 20,000 Baht

Baht strength over the years point FTI appreciated 1% to fight waste exports in 1000 million baht.

Mr.Payungsak chartsuttipol. President, Federation of Thai Industries (FTI) said the situation on the baht appreciated continuously by the private sector agree that there is a concern, and estimate that the baht is likely to rise as long as years. Because the U.S. economy and the EU. Clearly started to slow down. And may long continue by the year 2012 may see the baht at 30 baht to tap the U.S. dollar. Enabling operators to adjust the business plan at 31 per U.S. dollar.

However, private sector confidence that the Bank of Thailand (BOT) will oversee the baht to be in line with regional private sector has not worried much problem baht. It is hard for the island group

For the export sector of the country this year also sees growth as the target. Ministry of Commerce Set at 20% from the sales and purchasing power in the first half grew well. Although in the second half. May have slowed down some. Because the export base in the past year highWith multiple products that are better targeted growth industries such as motor vehicles. Market economy because exports recover better. Especially in Asian markets.

FTI chairman also expressed its concern that the baht appreciation would affect the export car The baht adjustment appreciated every 1% will export cars lost 1,000 million from the early rise to and 8% the value of exported cars lost nearly one billion baht if appreciated. เรื่อย other.Thailand will lose the chance that Japan will move the base to Thailand.

The extension to a fixed price from the government will have to wait for the right situation and must be in accordance with market forces. To fairness to both consumers and entrepreneurs. The adjustment in price. Do not adjust too quickly.

At the same time the government should not control prices. And operators can not stay.Together also suggest that government Measures to stimulate the economy. Until you see thatNational economic recovery clearly better. Because the reduction of stimulus measures in the economic conditions have not fully recovered. Can result in negative economic growth of the country.

Ministry of Finance prepared the terms buy insurance tax not exceeding 200,000 Baht

Ministry of Finance prepared the terms buy insurance tax not exceeding two hundred thousand or 15% of the total money paid, but if the funds, not exceeding five hundred thousand expected to offer money for the year 2010 to be filed in 2011.

Have reported that Mr. Korn Chatikavanij Minister of Finance. On considering tax incentives to support and promote the life insurance money to the pension To accumulate savings for retirement in order to secure the end of life. And adding the option of saving There will be tax exempt life insurance increased by a hundred thousand today is not more than 15% of income but not exceeding two hundred thousand Baht

When combined with the money paid into fund. Government Pension Fund. Fund. And payments to buy units in the Fund for the Fund must not exceed five hundred thousand will be offered the use of annual income in 2010 for the filing in 2011.

Thailand claims ASEAN - China Development Link Logistics Company. Promote trade and investment.

Thailand claims ASEAN - China Link Development Logistics Company. In order to facilitate transportation. And expand trade between them. Information to Forum meeting. Thailand has focused on creating a network's logistics through a large investment with double tracks and railway trains will link Laos to Vietnam and southern China. Ring 5 policies to link ASEAN plus Three plus six principles of trade routes and the expansion of the five regions of Thailand and neighboring countries.
News reports of economic conference 5^th at “PEI FU of Nannging city. Guangxi Autonomous Region. Republic of China Officially began today. The senior executives of China and ASEAN member countries including 10 countries as well as businessmen. Institute of International Trade and Finance, joined thousands of people. To the economic cooperation around the Gulf of Sichuan, crabs and progress of ASEAN and China
On this occasion, Mr. Alongkorn Polabutr Deputy Minister of Commerce. Have to say on the forum. " Members called for national cooperation framework focused on the development of associated logistics in the region and the region's periphery. To facilitate transport and trade expansion between. Thailand, which has focused on creating a network's logistics through a large investment with double tracks and railway trains will link Laos to Vietnam and southern China. Ring 5 policies to link ASEAN plus Three plus six principles of trade routes and the expansion of the five regions of Thailand and neighboring countries.
In addition, the Deputy Minister. Mentioned that cooperation in agriculture. Also enhance food security both regionally and globally. Utilization of natural resources. Increasing returns to area agriculture and agricultural technology to link production to market. The Member States should give priority to the promotion of small and medium-sized or small for SMEs to help support more investment to expand the system. Thailand has confirmed the encouraging development in all aspects of the framework for such cooperation occurs in concrete

Commerce reveals top emerging business move past 4,000 Construction -Real Estate Popular.

Mr. Alongkorn pollabutr Deputy Minister of Commerce. Business Registration Statistics revealed in July that the business was registered for a new business entity. Type of partnership company nationwide of 3,825 more, down from the same period last year were 3,961 more represent a decrease of 3%, as compared to incorporated June 2010 are incorporated throughout the country, which has 4,321 more reduced. down 11%.

The number of the establishment of new businesses established in 3825 assigned to the Authority 2273 list, Bangkok 1552 of the registered capital of 10,116 million Baht

For corporate incorporated Top 3 per cent 18 of the incorporated all of the construction of general ( construction repair residential) of 391 Next Property (such as the purchase of rental housing) of 169 more services. Other business activities ( contract) of 160 more.

Stop the entity listed nationwide. Statistics listed quit in July 2010 has 1,244 assigned to Bangkok, of 549 more regions 695 have registered capital of 11,881 million baht for a business with a number of corporate registration termination Top 3 accounted for 20% of registered quit all is. General construction of 141 cases of real estate services 5,953 Other business income.

While the statistics listed quit compared with July 2009, has 1,453 more down 209 represented 14% compared to incorporated Month June 2010 are incorporated throughout the country, which has 1,119 income increased 125 billion. 11 percent.

The number of Partnership. Limited partnership remains a country of 546,837 cases and 891 remain a public company and corporate income remains around 547,728 in total income.

Deputy Minister of Finance. Pull Chamber overseas the national agenda. Towards an ASEAN Community.

Mr. Pradit Pattarapasit. Deputy Minister of Finance. The inaugural speech to members of the Chamber with overseas in Thailand, approximately 150 people in the preparation of Thailand to move into a community economic ASEAN in 2015 at the Grand Hyatt Erawan Bangkok today indicate. the elimination of the ASEAN in early years. Pressure total exports increased 90 percent, Philippines, Indonesia and Malaysia 89 percent 62 percent by the government to rise to leadership. To help businesses take advantage when it comes to competition. By improving basic structure. And tax benefits.

The Government are confident that Thailand will compete in the ASEAN Economic Community. If businesses to share their knowledge. Understanding to create a competitive advantage. To the public via politicians. To set the national agenda with the following.

"Business must push for more. For their comments into government policy. Through the politicians. And needs to say. Include those for self-knowledge public. Thailand to compete once joined the ASEAN Economic Community. And a larger market share in international trade in the region. Value up to 1.7 trillion U.S. dollars. And statements of foreign investment in ASEAN in excess of 6 billion U.S.. "

Mr.Pradit artificial added. Thai exports to countries in the region increased very Numbers only in June. We have total exports of U.S. $ 1.8 billion and since the elimination between ASEAN At the beginning of last year. Gives us the total exports to the Philippines. Increased by 90 percent exported to Indonesia. Increased 89 percent while exports to Malaysia. Increased 62 percent.

"Top Export this better reflects that. The integration of ASEAN. Positive effect on us. And to achieve sustainable success. Thailand must be ready to move independently of the factors of production and services. As well as investment capital or labor in the ASEAN countries. "

Mr.Pradit also said that Thailand can not compete with other countries. If politicians lack understanding about the needs of businesses. And competition between regions. And between international I would like to work with the sector closely to the government. For the future of our country.

"Government must be a leader in helping enhance the competitive sector by improving infrastructure, various Including tax benefits, we also need education and health. Appropriate for future And consistent with international practices as well. "

Mr.Pradit also said plans to reform the policies that the Customs Department and Customs Department to facilitate the trade. To easily run business smoothly.

"For a new draft law of the Customs Department are sent to the Council considered that Aims to achieve transparency And the decision of the Customs Department is more equitable. Customs reform plan, this overhaul of the operation of the Customs Department the largest since its founding more than 135 years of reform and this happens from discussions with representatives of trade associations. And with foreign chambers of commerce in Thailand Listening to the needs and make suggestions, "concluded by Mr.Pradit

BOT shocked bubble Real Estate repeating itself years 1997 down condo speculators leave.

Governor of the Bank of Thailand (BOT) rising interest dreaded speculators pressured to leave down condo repeat itself in 1997 revealed the figures in the book about 25% of the condominium to be careful. If it is not real demand. If the economy turned. This group will have a problem now.

Mrs.Tarisa Wattanagate Governor of the Bank of Thailand (BOT), the inaugural speech at the Seminar on Business Association to build a house "With the economic crisis on Big Idea" on the topic overall Thai economy in 2010 how to adjust timely that even now do not see any problems in the real estate bubble. But also found that The total purchase housing that does not stay true proportion to 25%, while supply is all the more condominiums. So I remind operators that the watch closely. Because if the economy turned. With the prospect of rising interest rates. Will cause problems like soap bubbles in 1997.

Through interest rate policy is at a low level for a long time. If the real interest rate. Inflation already broken out. Will find that the interest will be negative. The cause of the BOT.'re Concerned that interest should not be too low. This may cause people to borrow money for speculation. Instead of the money to expand. While the deposit interest rate minus This is scary. This is another reason that makes the bot. Adjust the interest rate policy The trend is rising interest rates may lead to a relax Su Downs Real Estate, especially condominiums. May sell property left Down's for existing.

"Top a condominium since 2007 seemed to have a volume increase Wrong with the house that does not increase continuously. Is that all relevant issues must be considered carefully and closely Because we know that is true or not as good. And do not want to build up a demand that exists. "

Mrs.Tarisa Wattanagate said that in addition to sales and total purchase price is a weight factor that indicates the key. Na is the symbol at the bubble or not. There are also indicators of price fall, compared with prior periods.

Believes export push. Economic growth for the second half.
Mrs.Tarisa Wattanagate said if you look ahead. Or half the rest of this year. Believe that the economy would continue to be good. Because economic data indicates that the Thai economy to go well. Especially exports are machinery to drive economic importance in the quarter was 2 / 2010 exports in May rose up to 35% and as of June grew to 46%, which rose to a record. And the international markets especially important. G-3 countries like U.S., Europe and Japan slow down any economic problems. This reflects that the exports of Thailand has adaptation With markets spread to countries other than G-3 countries have increasingly turned to trade and increasingly in the region. Especially China, the proportion of Thai exports to 11%.

For inflation this year, inflation is not an issue on the economy. But next year, inflation is expected to have the opportunity to adjust the height and the people within the 3% so it is essential that the bot.'ll Have to take care inflation. With rising interest rates since early It will lead to more interest in the market fully may take up to two years or eight quarters because it is too late for a monetary policy may require or high interest rates to increase inflation time to care. This will affect the economy much.

Ministry of Finance accelerate legislation. About land tax And to fund old age.

Sources from the Ministry of Finance said that while this bill Fund savings for old age (Uoc.) still under consideration by the Council of State are set at 12 which is due to a financial expert and former Minister of Finance Permanent Secretary for many people. Considered in making the details of the fund. Payment of contributions and endowments. Including the payment of the approaches to solve problems without interest to workers. Member Fund. The past has called the Council of State officials to clarify several times. But I have not concluded that the bill will be sent back to the Government when

"Draft law to fund savings for old age (Uoc.). Be sent to the State for several months. But now it does not seem to have returned to the government to push for. Consideration by the Council during the meeting that to this By understanding that the draft law may be amended or the many new steps to dismantle. New draft of the ordinance, even Uoc set. Considered is the new Minister of Finance Committee understands that all good I hope the law out the best and most complete. But resulted in a delay from the original. "

Based on evaluation. Laws of the State Council is currently setting up a savings fund sector is still behind it than the months January 2011 through the Council and I understand the need to target. Take some time. Ministry of Finance, which last only a public hearing related only And the government itself that is not enough.

In addition, the draft law, other Pending the State still does not progress as well, especially Act (Act) tax land and buildings of the proposed Act ... about 3 months ago by the Board is investigating. detailed legal examination and is in comparison. The draft law was originally proposed to prepare and then once to see the advantages. Disadvantage and the burden of the people.

The Ministry of Finance will have to understand that improving the laws differ from No offer to not less. It also must be a public hearing process again. Not sure whether to see the draft law of the Ministry of Finance No one will enter. Council's consideration in this session which will begin in August - October this bill, including finance new constitution by And if that law approved State Ministry of Finance has requested the proposed draft Tax Act, the Minister of Environment to continue driving.

However, consider driving bill savings fund for old age (Uoc.). A policy of Minister. Ministry of Finance. With the intention to leave the force soon to help. Supports behind the retired workers. Continue to be driven by politics in order to go forward faster. The role of the State understand that the act proposed by the government to scrutinize laws. But now consider a somewhat more authority to determine in detail And revise laws for new Although the bill will benefit more robust, but in turn it makes. Delay. Enabling bill, ordinance backlog that many.