The process of 3G auction under the responsibility of the National Telecommunication Commission of Thailand (NTC) has been rescheduled many times due to some complications in details of the bidding conditions and its prices. Thailand Business News
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3G service to be launched in Thailand early 2011
The output of other sectors was also affected during the recent crisis, although less markedly because they had been growing slower than the sectors linked to external demand.
The continuation of certain government policies, especially the pension to the elderly and free education should also support higher consumption levels for the poor. The longer-term goal of reducing reliance on external demand will take time, especially given political uncertainties that hinder the government’s ability to implement not only its investment program but also needed structural reforms.
Alexander Wood, a founding partner of AWR Lloyd, believes the global crisis has acted as a catalyst for a fundamental, structural change in the global capital markets. The real new players in the markets are the sovereign wealth funds.
Many Thai listed companies, while public, aren’t really public : they remain family-owned companies with low free floats.
