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Anti-spec measures
necessary to avert second crisis
Prime Minister Thaksin Shinawatra has warned that action
on the over-heating stock market was essential to avert another economic
crisis.
The prime minister cautioned that the unprecedented rise
of the Thai stock market on November 4th , which pushed the volume of trade
up to a 28-year high of 63 billion baht, could lead to a second economic
bubble unless anti-speculation measures were put in place. While in part the
record-breaking volume of trade had been caused by an inflow of foreign
currency, it was also partly due to share speculation by retail investors,
the PM said.
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Singapore eyes
Thailand as MICE
tourism partner
The Singapore Tourism Board (STB) has called on the
Tourism Authority of Thailand (TAT) to act as a partner in its promotion of
meetings, incentives, conventions, and exhibitions (MICE) in the tourism
market.
Gerard Lee, director of the STB’s Planning Division,
said, “This year Singapore is launching a campaign entitled ‘Make it
Singapore’ to ensure Singapore’s continuing prominence for the MICE
market.”
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