Thailand leads way for Rolex Awards
Thailand has seen a surge in the number of entries for the forthcoming Rolex Awards for Enterprise, outstripping the other participating Asian nations: Indonesia, Malaysia and Singapore.
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Company reports
124 COMMUNICATIONS will continue to work on its brand communication plan for the Communications Authority of Thailand because it is the only public relations company able to meet CAT's time frame.
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Hitachi to promote more high-ticket items
Hitachi Sales (Thailand) has set aside Bt450 million to promote its higher-value products more aggressively, in an attempt to increase sales almost 17 per cent this year to Bt3.5 billion.
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Franchises want laws written quickly
Private franchise operators yesterday urged the government to accelerate the creation of laws to protect their businesses operating overseas as well as to get more foreign franchisers to invest in Thailand.
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THAI UNION INTERNATIONAL
Seafood firm aims to spawn stronger image
Company expects additional Bt100m in sales from export product My Siam
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LATE NEWS
Ethanol rises to Bt23 per litre
Oil companies and ethanol producers have agreed to set the ethanol price at Bt23 per litre, up from Bt19 under the old contracts, said Somchai Lohvisut, executive director of ethanol producer Thai Agro Energy Co Ltd.
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Thai Mobile impasse addressed
The ministries of information and communications technology and finance are collaborating to find a way around the impasse between TOT Plc and CAT Telecom Plc over the takeover cost of cellular operator Thai Mobile.
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Nation Channel converts to digital
Nation Channel operator Nation Broadcasting Corporation and cable-television operator TTV Television Co Ltd have joined to transform their broadcasting system from analogue to digital. The move will enable subscribers in Greater Bangkok to view 16 channels on top of the current three.
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Central Plaza to renovate Phuket hotel
Central Plaza Hotel Plc will spend more Bt800 million to renovate a four-star hotel in Phuket recently taken over by a newly established joint venture.
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Asian visitors to shun Songkran
Asian tourists who normally visit the Kingdom in large numbers during the famous Songkran Festival in mid-April are this year expected to flock instead to neighbouring countries, to avoid the political turmoil.
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Latest Nokia models out for music freaks and biz geeks
Mobile-phone maker Nokia has introduced nine new multimedia models in Thailand to woo music freaks and business geeks.
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Rice bidding cancelled
The Commerce Ministry yesterday cancelled the first round of bidding by exporters for the government's stocks of Khao Hom Mali, or jasmine rice, after failing to persuade bidders to increase their offers.
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GS1 aims at modernising product tags
GS1 Thailand, an arm of the Federation of Thai Industries for barcode registration, yesterday announced it had linked up with EPCglobal Inc to set up a centre for collecting additional information on product tags.
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Tact awards to come under new management
The organising committee of the 31st Top Advertising Contest of Thailand (Tact) will pass the torch to the Advertising Association of Thailand, ending three decades as the Kingdom's main advertising contest.
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COUNTER SERVICE
Expansion to add 500 branches
Bt100 million will be spent on new equipment and marketing campaign
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Biznews round-up
The Stock Exchange of Thailand has decided to extend a ban on net settlement and margin trading in shares of International Engineering Plc until June 22 because heavy speculation in the company's shares persists.
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Baht level 'appropriate'
The current level of the baht is appropriate for Thailand's exports and imports as well as overal economic conditions, the Bank of Thailand (BOT) chief pronounced yesterday.
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Poor left behind as economy grows - study
The poor should be given priority in order to narrow the widening income-distribution gap in Thailand, according to a study by a professor of economics at the National Institute Development Administration.
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Jury out on fixed-deposit effect
Mutual fund managers say it is too early to tell if banks' new fixed-deposit account interest rates will cut into their fixed-income fund business.
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BANK STAKES
FIDF to unload some holdings
The Financial Institutions Development Fund (FIDF) is to sell part of its stake in two state-owned banks, Krung Thai Bank and Siam City Bank, to retail investors.
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MARKET OUTLOOK
SET gets thumbs down from brokerages
Political turmoil, slowing economy are main factors for sentiment
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STREET WISE
Gathering of the wise men
When you climb to the highest summit - whether in politics or business - you must adopt a new approach in viewing the world down below.
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Balanced Scorecard's Kaplan to talk on activity-based costing
KI Woo talks to the co-developer of the famed Balanced Scorecard strategic management system.
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Makers crank up the deals
A flood of special deals to whip up business in a consumer environment dampened by political turmoil is one of the main features of the 27th Bangkok International Motor Show, which opened to the trade yesterday at the Bangkok International Trade and Exhibition Centre (Bitec). The show opens to the public tomorrow.
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BANGKOK INTERNATIONAL MOTOR SHOW
Uncertainty reigns as event kicks off
More than Bt20 billion is expected to change hands at this year's Bangkok International Motor Show.
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