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Mon, July 18, 2005

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TAX ON ALCOHOL: Reform may hit local producers

Excise Department offers three formulae to balance need to reduce consumption while protecting Thai liquor industry. The Cabinet is expected to deliberate reform of the tax structure on alcoholic beverages tomorrow as part of an attempt to reduce alcohol consumption.

Firms large and small slash spending to cope with costs

Both large and small businesses across Thailand have begun to rein in their spending to cope with spiralling costs resulting from steadily climbing oil prices. Survival strategies have been adopted at large companies like Thai Airways International, which aims to cut operational costs this year by 10 per cent, or more than Bt1 billion, and smaller firms like Sammitr Motors Manufacturing Co Ltd and Big C Super-centre Plc.

MIDTOWN LIVING: Luxury condo rises near Ekamai station

Mixed-use project to have BTS link

Monday ban brings hope to city centre

Silom traffic falls 30% in one sweep

Retailers push mass transit, car pooling

Major retail outlets have launched campaigns amid rising oil prices and energy costs to encourage shoppers to use energy-saving methods when visiting their stores.

Concrete firm set on cementing share of retail sector

Chon Buri Concrete Product Plc (CCP), a manufacturer and trader of construction materials and home decorative items, plans to spend more than Bt1 billion to develop a network of retail outlets by 2007.

What the 3 options would mean

The Excise Department has studied three options for reform of the excise payable on alcoholic beverages. In all cases, the proposals exclude white “community” liquor.

STREET WISE: Hearts throb for Heartbeat

Shortly after his debut performance in the TV series “Hua Jai Lat Fa”, Ratthaphum (‘Film’) Tokongsap has become a new sweetheart to all girls in the Kingdom, regardless of their age.

LONG-TERM PLANNING: Ways for newlyweds to make dreams reality

Investment expert offers couples tips on saving and planning for their children’s education

Tax Focus: Take care with mid-year filing of corporate income tax

On August 31 each year, all juristic corporations whose accounting year ends on December 31 are required to file half-year corporate income tax returns (form Phor Ngor Dor 51) and to pay any tax due.

FOOD: Worldwide rice: A crop in a crisis

How much do you value the rice you eat every day? If the price of khao hom mali doubled, would you still buy it? If your markets ran out of rice, would you be happy eating another cereal grain, such as sorghum? Bob Hill examines worrying trends in the world’s production of rice in the first of a two-part series.

The Economic Battlefield: Prediction: That’s the name of the game

“If you don’t know where you’re going, any road will take you there.”

SPECIAL: Good corporate governance and you

We have been discussing the 15 principles of good corporate governance provided by the Stock Exchange of Thailand and how these principles can be adapted to add value to your family business, whether it is listed on the SET or not.