LATE NEWS
Diesel to increase at least Bt0.30 per litre
The retail price for diesel will increase at least Bt0.30 per litre this week if the oil price in the Singapore market rises, said Bangchak Petroleum Plc's executive vice president Manu Siriwan.
He said that most oil refineries had started producing jet fuel instead of diesel due to a price discrepancy. That means the supply of diesel is lower than market demand, which means higher diesel prices. - The Nation.
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Mitr ethanol plant Mitr Phol Sugar Group will start construction on its second ethanol plant worth Bt800 million in the second half of this year. Its first ethanol plant will begin operating in the last quarter of this year, according to the group's president Isara Vongkusolkit. He added that the second plant would have a capacity of 200,000 litres a day, like the first plant. - The Nation.
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Egat in Bt12-bn pact Egat Plc yesterday inked a Bt12.5-billion contract with a consortium of Mitsubishi, Sino-Thai Engineering and Construction Plc, for the construction and equipment supply for its Phranakhon Tai power plant. The investment is in response to higher demand for power in the central part of the Kingdom, said Kraisi Karnasuta, Egat's chief executive. The power plant is located in Samut Prakan. - The Nation.
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Disney on IPTV Walt Disney plans to broadcast its two channels - Walt Disney and Playhouse Disney channels - through the IPTV channel after it launched the channels on another Thai cable network in February last year. Raymund T Miranda, managing director of Walt Disney International (Southeast Asia), said yesterday that the company expected to join UBC's cable television line-up soon. He said the company was also mulling providing its shows via an Internet broadband arrangement, but declined to be more specific. - The Nation.
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Dusit cuts I'nesia ties Dusit Hotels & Resorts and PT Duta Pertiwi Tbk in Indonesia - parent company of Dusit Mangga Dua (Jakarta) and Dusit Balikpapan (East Kalimantan) - have agreed that the franchise agreement between Dusit and the Indonesian hotels will not be extended beyond March 31. Khampi Suwanarat, chief operating officer of Dusit Hotels & Resorts, said the relationship with Dusit Balikpapan since 1994 and with Dusit Mangga Dua since 1996 had been successful. Hermawan Wijaya, director of PT Duta Pertiwi Tbk, said effective April 1, the hotels would be renamed Le Grandeur Mangga Dua, Jakarta, and Le Grandeur Balikpapan. All enquiries for these hotels should then be directed to www.legrandeurhotels.com. - The Nation.
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