LATE NEWS
Region's rice growers will band together to forge cooperation and stronger ties
Trade officials from five major rice exporting countries in June will attend a meeting in Vietnam to boost agricultural ties under a cooperation programme.
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Phuket's future 'hinges on renewed direct flights'
The Laguna Phuket Sheraton has asked Thai Airways International to restore direct flights to the island to pre-tsunami levels, as the hotel says it lost 15 per cent of its visitors last year as a result of reduced air traffic.
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Poor weather snarls shrimp output
Poor climate conditions and the stronger baht have led to sharp falls in Thailand's shrimp production and shrimp exports, according to the Thai Shrimp Association.
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Bt24 bn to be spent during Songkran, survey reports
Bangkokians are expected to spend Bt24 billion over the Songkran holiday, according to a survey by Kasikorn Research Centre.
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TELECOMMUNICATIONS
Standard contract approved
NTC plans to scrap validity periods for prepaid mobile-phone cards
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IN BRIEF
Ocean Glassware moves into VN
Ocean Glassware Plc, a Thai producer of glass products, opened its first representative office and showroom in Ho Chi Minh City, aimed at increasing its sales in Vietnam 20 per cent this year.
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True ups ante in price war
True Move has kicked off a new prepaid package to attract new customers and counter its competitors' heavy promotions.
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Company reports
Ratchaburi Electricity Generating Holding said its April 21 board of directors' meeting would consider the appointment of Narong Sitasuwan to replace Boonchoo Direksathapon, who is retiring as managing director.
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Drop palm oil as a fuel mix: trade group
The Association of Palm Oil Extractors yesterday urged the government to support the crop for food processing instead of using it for bio-diesel fuel, an industry that is still in its infancy.
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MINOR FOOD GROUP
Pizza Co to cook up 20 restaurants this year
To spend Bt200m to expand, refurbish
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Hot stocks
Stock: Advanced Info Service Plc (ADVANC)
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BankThai's Q1 profits jump 49%
BankThai has announced a net profit of Bt301.7 million in the first quarter of the year, an increase of 49 per cent over the first quarter last year when it recorded a net profit of Bt202.2 million.
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FOREIGN FUNDS
Rising baht hits investors
Strength against the greenback eats into fund values
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Banks start new round of rate hikes
Other large banks followed in Siam Commercial Bank's footsteps yesterday and announced interest rate hikes after the central bank's raised its official to 4.75 per cent on Monday.
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NSM cuts sales goal after missing target
Nakornthai Strip Mill has slashed its sales target this year from Bt20 billion to Bt12 billion as first-quarter sales failed to reach their goal, NSM's chairman, Sawasdi Horrungruang, said yesterday.
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FINANCE SECTOR
Globlex to pick a new partner
Founding Koohapremkit clan ready to reduce stake in deal
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STREET WISE
Giving is key to generosity
An old tradition dictates that Songkran revellers carry with them a bag of sand when they visit temples during the festival. This is to replace the sand they accidentally took away from the courtyard during their visits over the past year.
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Court postpones fee decision for iTV to next month
The Central Administrative Court yesterday delayed delivering its verdict on iTV Plc's concession fee until May 9, fuelling doubts about the television channel operator's future if it has to shoulder the original concession requirements.
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Consumer confidence falls to four-year low
Last month, the Consumer Confidence Index (CCI) dropped to its lowest level in four years, 83.7 points, and appeared set to fall gradually further, due mainly to continued increases in oil prices and the uncertain political outlook.
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