Briefs

TUESDAY, APRIL 11, 2017
Briefs

Gold confidence index drops from March

The gold confidence index has dropped to 62.37 points this month, down 5.68 points from March, on investors’ concerns about the US Federal Reserve increasing its key interest rates and the continuing strength of the baht, according to the Gold Research Centre.
The centre estimates that the gold price will range between US$1,211 and $1,300 per ounce this year, while in Thailand it will be between Bt19,500 and Bt21,500 per gold baht.

MG reports brisk sales at Bangkok Motor Show

MG says it sold more than 1,100 vehicles at the recently concluded Bangkok International Motor Show.
The automaker said in a release that sales at the Motor Show totalled 1,125 units, comprising 563 MG3s, 169 MG5 subcompact sedans, 78 MG6 premium mid-size sedans and 315 MG GS 1.5 Turbo and 2.0 Turbo sport-utility vehicles.
Deliveries will commence next month, the company said.

Thai start-up in line 
for major funding

Founder Somsak Boonkam’s |start-up Local Alike, which matches foreign tourists’ interests to specific experiences being offered locally, is one of 10 companies selected for an accelerator programme in sustainable tourism being organised by Booking.com. 
The website yesterday published the list of finalists for its Booking.com Booster programme, through which start-ups that aim to have a positive impact on the tourism industry will be funded and mentored.