Contents September'07 No.305

Intelligence
- SET Launches New Campaign as SET Group
- KBANK Sets Up Funds to Invest in SME
- Assets under Sovereign Wealth Fund Jumps to $2.5 Trillion
- EXIM Bank Goes to Russia Selling Forward Guaranty

Humorist
-I come good…
- The Real Partner
- Central Bank to Relieve Discomfort

World Exclusive
- Huge and relentless inflow to China looks like an evil rather than good.
- The President, Vladimir Putin, wants new leaders to turn Russia an empire of great politics and economy, par to era of Peter, The Great.


Thailand Moving Ahead
Thailand Model of Post-election Cabinet
The next Philippines Thailand will be if the existing complex crisis is left untouched.

Editor Viewpoint.
Rating Agencies Sued on Subprime Woe
As high-rated subprime debt was hit, prestigious raters like S&P, Moody’s and Fitch are being sued by hedge funds and those institutional investors who ask for professional ethics.

Cartoon by Chai Rachavatr
Robot Era

Editor Talk

NEWS

Money&Banking News
Vietnam, the Prime Target in Time of Investing Abroad
Strong Baht, high wages, weak politics, you say it. Thai companies have too many reasons to do business in foreign countries. Weak currency, low wages, tax privilege, export base and local market of 84 million populations, you say it and see Vietnam, voted the best investment target, outpaces Thailand sooner rather than later.

Global News
London VS New York, the Fight For World Financial Hub
As financial markets struggle on subprime, the two hubs are fighting to win the challenge, the sole world financial center.

INVEST
Money Product

- Muangthai I-Link (SET50), Capital Protection Plus High Dividend
The policy provide 5-year protection, charges one-time premium, 90% participation in investment, capital protection plus return at the end of the fifth year. Life claims will get protection capital amount plus 1% return.

Stock on the Move
Stock Responses Positively on Domestic Factors
SET rises after referendum while worldwide equity recovers after sub-prime woes bottom-out. Downside looks limited as domestic factors prevail.

Learn to Earn
Invest In ETFs (Part 1)

ETF is open-ended fund holding portfolio that mimic index, eg, SET50 so its return will be as closest as that of index itself.
E-Business

Business News
e-Payment to hit bt3 billion at KBANK
K-Payment Gateway is expected to hit bt3 billion of transaction volume due mainly to large corporate accounts. The service stands out on ultimate security and multiple currency capability. TaradPay supports new shops and allows various ways of payment.

e-Business Report
Basel 2 Classes of Banks? (Part 3)

Interview

Exclusive Interview
Pakorn Malakul Na Ayudhya
Chairman of the Stock Exchange of Thailand
The bourse’s 13th chief will work out the critical mission so the exchange will make itself a pillar for national financial and economic development.

People in Business
Orawan Kerdphol

The Only Lady in Asia Taking Helm
She is the only Thai lady who is promoted to rank on top of the leading foreign financial institution in Thailand.

New Generation
Chaiwat Wittayathawornwong & Chonlada Winitchaikul
New Wave of ‘The Money Pro’ on Capital Market

The new team of fund managers who love to live with ever-changing environment of fund management. They are now ready to turn their years of tough experience to solid return.

Marketing Tips
Samsonite to Take All Markets

Samsonite will the brand of every products relating to traveling with an image of lifestyle and recognition of innovation.

Brother to Launch ‘At Your Side’ Campaign
It targets on home users and its slogan ‘At Your Side’ will make it the top3 brand.

Society
New Products
Banking gossip
Business Society
Money&Banking Society

Scoop
Cover Story

Thai Stock New Ready for Hedge Funds
Come and see our full range of instruments, derivatives, Futures/Options for leverage or hedging. Despite of subprime woes, hedge funds outlook is still bright due to trivial 5% allocation. At the end of second quarter, there are as many as 10,000 hedge funds managing $2.6 trillion of asset and some $89.6 billion of profit.

Time for Reserve Management Agency
Is it time for Thailand to set aside some $20 billion of international reserve and manage it for return as similar as other 20 countries worldwide have already enjoyed?

New Privatization Bill, Is It Anti-Privatized One?
It would be so as the legal process makes privatization a mission impossible due to more than extensive procedures.

Article
Money File
Robert Nardelli
The Tough Driver of New Chrysler

Your Life
Trans Fat, Harm Your Heart

It derives from vegetable oil smoked by hydrogen to achieve harden food, longer life and better taste. But it turns out as another type of fat that harms your hearts.

About Debt
Grey Street of Roman Abramovich (Final)

While many talk if his asset is clean and doubtful, it is the way many billionaires choose and win their fortunes from those shortcuts.

The Blessing Pass of Feng Shui
Gold Location, Mighty Power,Earning Fortune (Part 17)
Life with mindful happiness and merits is more meaningful than life with wealth and fame.

Project Specialists
Effects of New Foreign Business Law on Invesment
If enacted, what we won’t see is new inflow and what we will see is outflow from existing investments.

Outside-the –Text Economic Law
Should Foreign Business Low Be Submitted to NLA?

The draft should be reviewed by subcommittee and NLA more carefully so that it will be legitimately enacted together with investment liberalization.

Economic Report

Local Revenue and Expenditure
15 Legal Draft Withdrawn as State Coffer in Bad Shape

Commercial Bank Status Report
- MPC Holds Rate at 3.25% on Tamed Inflation and Slow Consumption

Bond Landscape
BoT Savings Bond Balloons as Depositors Crowding In

AFET Trading Summary
Rubber Price Climbs after Rainy Days

TFEX Trading Summary
Stock Crashes on U.S. Subprime, Futures Taking Helm

Exchange
Baht in Extreme Volatility as World Markets in Turmoil

Words to Know
Geo-Politics and World Trade (Part 2)


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