Posted on 26 May 2013. Tags: Baht, CIMB, Importers, Thai, turns
CIMB Thai Bank is now targeting small and medium-sized importers for its trade finance products after exporters became less active because of the baht’s appreciation. The Nation Surachai Chitratsenee, senior executive vice president of SME banking, said yesterday that customer demand for trade financing should weaken from last year in line with the strengthening of [...]
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Posted in Local News
Posted on 17 February 2013. Tags: aims, Grey, Importers, MercedesBenz, overtake
With 34 percent sales growth and comparatively lower prices, company hopes to sell more cars than parallel imports The Nation Official distributor Mercedes-Benz (Thailand) hopes to sell more cars than grey market importers in 2013, a feat that could change the way things go around in the highly competitive luxury car market. Last year, the [...]
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Posted in Local News
Posted on 30 July 2012. Tags: Baht, Bloomberg, Buying, Dollars, Importers, more, Speculation, Thai, Weakens
Government bonds advanced. “Around 31.50 is a good level for importers to buy the dollar,” said Disawat Tiaowvanich, a foreign-exchange trader at Bangkok Bank Pcl. “We can also expect month-end dollar demand from importers. Risk sentiment … Full News here – Bangkok – Bing News
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Posted in Local News