Peninsula Bangkok to open full-scale spa
The five-star hotel Peninsula Bangkok has invested US$4.7 million (Bt178.6 million) to open a full-scale spa service by December.
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LATE NEWS
PTT Exploration gets Oman block
PTT Exploration and Production (PTTEP) announced its successful bid to obtain exploration and production rights in Oman. It is anticipated that PTTEP will have signed an exploration and production sharing agreement by June.
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Executives say political strife will damage business
The majority of Thai business executives believe that opposition to the Thaksin government and the resulting political turmoil will have the biggest impact on their businesses in 2006.
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Samart Corp to build new power plant
The information technology and telecom firm, Samart Corp Plc, has clinched a deal to build a power plant in Cambodia, which will supply electricity to a cement factory being constructed by Siam Cement Industry Ltd.
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Local products to get new protection
The Commerce Ministry plans to provide protection for seven Thai products - including the well-known Thung Kula Ronghai jasmine rice - by applying for geographical indication (GI) registration to take advantage of a World Trade Organisation (WTO) agreement, said a government source.
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FARM INCOMES
Agricultural sector reaps a bounty
Crop prices are high and growers' incomes are rising at an increasingly rapid rate
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ECONOMIC OUTLOOK
April current account in deficit: BOT
Soaring oil price, overseas travel cited as some reasons contributing to the fall
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Kittiratt says Thais should be friendlier
Stock Exchange of Thailand president Kittiratt Na Ranong has asked Thais to be friendly towards foreign investors, especially those from Singapore, in order to boost their confidence about investing in the Kingdom.
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INTEREST-RATE HIKES
Limited impact on firms 'so far'
BOT executive says most companies do not rely on bank loans for financing
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STREET WISE
A distinct lack of long-term vision
First, it was Malaysia that announced a five-year economic plan. Then, yesterday, North Korea unveiled its new economic blueprint.
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Local executives wary of China's boom
In a recent survey by Grant Thornton International, Thai respondents reported the highest level of negative effects from the "Chinese economic boom".
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Viset gives assurance on diesel supplies
Diesel supply will soon return to normal, according to caretaker Energy Minister Viset Choopiban, who yesterday gave an assurance that all refineries had resumed operations to ensure there would be no shortage during the Songkran festival.
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