Only 16 firms on MAI in profit in '05
Of the 35 companies listed on the Market for Alternative Investment (MAI) last year, 16 earned a profit, said MAI president Chanitr Charnchainarong yesterday.
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Tax revenue beats target
The government collected Bt93.7 billion in taxes last month, 1.8 per cent above its target and 4.4 per cent more than the amount collected in the same month last year, according to the Finance Ministry.
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Finansa says no to SET info request
Finansa Plc rebuffed a request from the Stock Exchange of Thailand yesterday by insisting that it has no obligation to provide the SET with details of its recent sale of Bt298.5 million worth of BFIT Securities' convertible debentures because the sale was not a connected transaction.
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MFC Asset looks abroad for growth
MFC Asset Management aims to increase its overseas investment portfolio to about Bt100 billion following the liberalisation trend among foreign markets and more intense competition at home.
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POLITICAL UNCERTAINTY
Investment may miss forecast, BOT warns
Private investment is likely to come in 1 or 2 percentage points below expectations this year due to the weaker business sentiment brought on by political tensions, said an official with the Bank of Thailand (BOT) after it raised the policy rate 25 basis points to 4.5 per cent yesterday.
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STOCK EXCHANGE INVESTIGATION
EWC ordered to disclose loan details
Watchdog says Eastern Wire doesn't have sufficient controls over lending approval
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LATE NEWS
Road deal inked
Advanced Information Technology Plc (AIT), a systems integration and service provider, and ItraMAS Corp, an intelligent transportation system solutions provider from Malaysia, yesterday signed a preliminary agreement to work on Thai road projects.
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TOT digs heels in over 1133 service charge
TOT Plc yesterday officially informed the National Telecommunications Commission (NTC) of its refusal to comply with the regulator's order to immediately stop charging customers for its 1133 phone-directory inquiry service.
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Prinsiri seeks foreign partner
Property firm Prinsiri Plc is negotiating to sell a 20-per-cent shareholding to a foreign investor, and the deal is expected to be complete within the second quarter, said construction director Chaiwat Kovitchindachai.
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Boeing's top salesmen in town
A group of top sales executives from Boeing Commercial Airplanes is spending several days in Thailand talking to Thai Airways International, Nok Air and PB Air with high hopes of selling more aircraft.
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New McCann boss upbeat on region
Eric Einhorn, McCann Worldgroup's new director for Asia-Pacific, hopes to maintain the agency's strong performance as a leader in the global advertising industry and the No-2 player in Thailand.
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PETROL RETAILING
Gasohol price gap unrealistic - Shell
Pump station operator warns of ethanol shortage, suggests imports to fill demand
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STREET WISE
Protect your voting rights
Amid growing negative sentiment towards Singaporean investments, most Thais are scratching their heads wondering if there will be a general election at all on April 2.
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Escape clauses still relevant
Amid expectations that Temasek Holdings will wrap up its takeover of Shin Corp next Tuesday, all parties should bear in mind that the buyers could push back the date.
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Turmoil should lead to more transparency in big deals
Representatives of foreign chambers of commerce were told at a Senate meeting that the political impasse would benefit the economy in the long run because it will ensure more transparency in future big business deals.
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Economists urge S'pore, Temasek to break silence
Local economists yesterday urged the Singaporean government and Temasek Holdings to break their silence before the simmering anti-Singaporean sentiment gets out of proportion.
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IN BRIEF
Famous brand: Launch of Barbie bags and cosmetics
The makers of Barbie, the world-famous doll, yesterday announced that it would join Thailand's handbags and cosmetics market with the launch of the Barbie bag and Barbie cosmetic collections.
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Company reports
BANGKOK BANK will pay a final dividend of Bt1.25 per share for 2005 on May 11.
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Conrad Phuket opens in '07
After a two-year-delay, the Conrad Phuket Resort and Spa is scheduled to open next year.
It follows the Conrad Bangkok, which has been open for more than three years. The resort will be its sixth in Asia after Hong Kong, Singapore, Tokyo and Bali.
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New health goods n Somluck Srimalee
Beauty and wellness centre Venus Aesthetic Co Ltd has scored a contract to be the exclusive distributor of the Cellcosmet and Cellmen skin care products from Switzerland.
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SHRIMP EXPORTS TO US
Farmers slam 'double taxation'
Protest to Bush over duties plus bond
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