Tata Steel (Thailand) Plc (TSTH.BK/TSTH TB), a unit of India's largest steelmaker, will likely remain in the red this year due to the slow recovery of government spending and on increasing imports of wire rods from China. (Bangkok Post)

IRPC Public Company Limited (IRPC.BK/IRPC TB)* Chairman of the Board of Directors and Chairman of th
17 May 12 10:18

IRPC Public Company Limited (IRPC.BK/IRPC TB)* Chairman of the Board of Directors and Chairman of the Executive Committee Prasert Bunsumpun presided over the signing ceremony for the collaborative Research and Development Project on High Performance Polymer between IRPC Company Limited and Oxford University, England. (Bangkok Post)

Italian-Thai Development (ITD.BK/ITD TB) steps closer to win the Purple Line's trackworks
17 May 12 10:18

Italian-Thai Development (ITD.BK/ITD TB) steps closer to win the Purple Line's trackworks contract worth over Bt3.0bn, on the confirmation from financier Japan International Cooperation Agency (Jica) that its competitor - Sino-Thai (STEC.BK/STEC TB) and ASV Joint Venture - is disqualified. The contract for the 23-km trackwork from Bang Yai to Bang Sue has been delayed for over a year, believed to be a cause of conflicts among top executives at Mass Rapid Transit Authority of Thailand (MRTA). (The Nation)

Advertising expenditure in the first four months maintained positive growth
17 May 12 10:18

Advertising expenditure in the first four months maintained positive growth though spending via magazines saw a 14% drop to Bt1.56bn from Bt2.12bn in the same period last year, according to the recent Nielsen media survey. (The Nation)

The Bank of Thailand's Monetary Policy Committee (MPC) expected inflation
17 May 12 10:17

The Bank of Thailand's Monetary Policy Committee (MPC) expected inflation to emerge after a subdued April, driven by the quick post-flood recovery, wage hikes and high oil prices, according to the minutes of its May 2 meeting. (Bangkok Post)