Thailand money & law on Hua Hin Today

Prachuap Khirikhan academicians and businessmen asked for the master plan from the Government & local administration to set up the right Hua Hin – Prachuap Khirikhan tourist attractions as well as insisting that a “casino” was not for Hua Hin, but other places would be better!

Profit surge supported by strong capacity and passenger growth Qantas Group Airline Jetstar, one of the first value based long haul carriers in the world, has released details of a record profit before tax result for the 2008 financial half year of AUD$113 million, rising fourfold from the prior year.

The overall efficiency of Thai listed companies in Q4/2007 improved considerably on Q4/2006, particularly in regard to capital deployment and increased returns on equity. Net profit margins rose as firms were less burdened by interest and their cash flows and financial risks were in better condition, according to The Stock Exchange of Thailand (SET)’s Corporate Update report.

Visa Inc. (NYSE: V) announced today that it has priced the initial public offering of 406,000,000 shares of Class A common stock at $44 per share. Visa's shares will begin trading on March 19, 2008, on the New York Stock Exchange under the ticker symbol "V". The closing of the offering is scheduled to take place on March 25, 2008. Visa expects net proceeds from the offering, afterdeducting underwriting discounts and commissions and estimated offering expenses, to be approximately $17.3 billion.

Krungthai Car Rent and Lease Plc (KCAR) has reported operating income of more than 1.2 billion baht for 2007, an increase of 22% over 2006. The reported results include net profit of more than 200 million baht.

Bangkok Bank issues Baht 1 billion loan to Posco (Thailand), one of the world’s largest steel producers, for construction of a third plant in Thailand

Thailand's economy may expand by more than 5 percent in 2008, spurred by exports and government spending, Finance Minister Chalongphob Sussangkarn said. Shipments will continue to grow at a "double-digit rate" next year, Chalongphob told reporters in Bangkok today. The economy may expand by at least 5 percent this quarter, taking 2007 growth to more than 4.5 percent, he said.