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Wed, April 5, 2006 : Last updated 20:12 pm (Thai local time)



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Home > Business



 
POLITICAL EFFECTS

SET jumps on Thaksin rumours

Talk of stepping down spurs buying




Businessmen behind Somkid as next prime minister

Businessmen believe that caretaker Deputy Prime Minister Somkid Jatusripitak is the right choice to become the next prime minister, if Thaksin Shinawatra really decides to step down as he said he might do on Monday night. They would prefer to see Somkid at the helm as, in their view, he is capable of moving the economy forward.



LATE NEWS

Bahraini junket

A 20-member trade delegation led by officials from the Ministry of Commerce's Department of Export Promotion arrived in Bahrain yesterday to meet with representatives of that country's private sector.



TAT plans big tourism sale

The Tourism Authority of Thailand and NCC Exhibition Organiser Co (NEO) will host the largest annual exposition of the best Thai products and services, which will be offered at special discounts of 10-60 per cent.



Interconnection rules this month

The telecom regulator is expected to introduce the rules governing interconnection charges this month for all local telecom operators, not just its licence holders.



Kenya Airways upbeat on Asian routes

Kenya Airways sees strong business potential flying between Africa and Asia, including Thailand, since Asians have upped their investments significantly in the African country.



Tariff cuts boost printing sector

The Thai printing industry has become more competitive since the finance minister ended tariffs on printing items last year.

TRADE & INVESTMENT

Business as usual for NZ

Wellington doesn't see big policy change if Thaksin resigns

IN BRIEF

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Srisawad International Ltd, a hire-purchase firm for used cars, has invested Bt30 million to renovate its 130 branches and open 10 new outlets this year, president Chatchai Kaewbotta said.



Precise Biometrics lands Thai ID-card contract

Precise Biometrics, a Swedish public company that develops and sells biometric security solutions based on fingerprints and smart cards, has received a new order from Thai authorities for biometrics for national identification (ID) cards.



Home-building growth halts

The home-building market will show zero growth this year as a result of the political crisis, according to Home Builder Association secretary Sitthiporn Suwansut. He said new home orders had been delayed because most customers were concerned about how the current political problems will affect the economy.



Mobile marketing war heats up further

Advanced Info Service Plc has introduced new prepaid and post-paid mobile-phone service packages mainly for existing subscribers, as it fights to hold on to customers.



fast-food sector McDonald's set to beef up its presence

50 new outlets, double sales targetted



TFI shareholders told to check land sale

The Stock Exchange of Thailand (SET) urged shareholders of Thai Film Industry Plc (TFI) to obtain detailed information from its management at the company's annual shareholders' meeting in regard to a move to sell two land plots totalling 88 rai to Lakewood Land Co Ltd.



BOT ignores politics in data review

The Bank of Thailand (BOT) is reviewing its forecasts for this year's economic indicators without taking the country's political turmoil into account, the central bank's governor, MR Pridiyathorn Devakula, said yesterday.

STOCK TRADING PROBE

Picnic back under SET scrutiny

The Stock Exchange of Thailand has asked Picnic Corp Plc to provide additional information concerning past-due trade account receivables and other deals last year, which might fall under "connected transactions".



Firms put IPOs on back burner

The Securities and Exchange Commission is scrutinising the initial share allocation applications of 30 companies, and has already given the nod to the applications of another eight firms.



Tax expert urges review of Shin deal

A tax law lecturer at Chulalongkorn University has urged acting Prime Minister Thaksin Shinawatra to order the Revenue Department to review tax issues on transactions involving Shin Corp Plc, his children - Panthongtae and Pinthongta - and relevant parties.

SHAREHOLDING IN SCB

Temasek stake 'not to exceed 5%'

Bank president says Singapore-based company unlikely to buy a bigger slice



Pump prices set for further rise this week

Oil traders are prepared to jack up prices this week in response to spikes in the global price, raising further fears over inflation.

STREET WISE

Productivity falls as protests grow

Productivity usually drops during an economic downturn. That is understandable when people are working under duress set against a discouraging climate marked by a negative employment outlook.



Sweet plan for Cadbury exports

After 40 years of sweet-making in Thailand, the US-based manufacturer of Halls sweets, Cadbury Adams, has set a five-year target to build the country as an export base throughout the Asia-Pacific.






Top Stories



Firm to build Khmer airport

Residential sales 'likely to fall 26% this year'

Kingdom takes US to WTO over shrimp

Price war set to heat up as AIS fights back

Business light as 'Siam' malls reopen


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