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Wed, April 19, 2006 : Last updated 23:46 pm (Thai local time)



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Home > Business



 
INFRASTRUCTURE

Cabinet makes U-turn on mega-projects

Decision to suspend Bt1.8-trln programme a further blow to economy




Operations chief tasked with piloting THAI back into profitability

Thai Airways International Plc yesterday named its new president, giving him the daunting mission of turning around the national carrier's operations amid rising oil prices and fierce competition from low-cost airlines.



LATE NEWS

Cheaper fuel

The energy and transport ministers will meet tomorrow with PTT Plc officials to discuss supplying fuel at special rates to the Bangkok Mass Transit Authority and bus operators, thus helping to cushion their impact from the sharp spike in oil prices.



Fair sales to hit Bt600m

The Export Promotion Department is projecting sales of up to Bt600 million from the Bangkok International Gift Fair, Bangkok International Houseware Fair, and Otop to the World 2006.



Mahidol has top business plan

A team of graduate students from Mahidol University has won the 15th annual New Venture Championship (NVC) international business plan competition.



Asem members pledge cooperation on oil risks

Asian and European finance ministers have agreed to cooperate in creating safeguards against risks associated with spiralling oil prices, says caretaker Finance Minister Thanong Bidaya.

SPA INDUSTRY

Asian customers scared away

Local operations take a hit as foreigners avoid political crisis

IN BRIEF

Court throws out Prachai's petition

The Central Bankruptcy Court yesterday threw out Prachai Leophairatana's petition to suspend Thai Petrochemical Industry Plc (TPI)'s debt-restructuring plan to sell a 30.8-per-cent stake in TPI Polene Plc to TPI's creditors.

BANGKOK MARKETING EVENT

Siemens to show off its automation

Global giant hopes to double its business in Thailand this year thanks to the exhibition in May



Hot Stocks

Stock: Siam Cement Plc (SCC)



Fresh from rehab, BAY unit aims for growth

Fresh from its reorganisation at the end of 2005, Ayudhya JF Asset Management (AJF) is looking to expand.



Prachai dropped from board

The shareholders of Bangkok Union Insurance Plc have dropped Prachai Leophairatana as one of the company's directors following repeated threats from the Stock Exchange of Thailand.



Ex-Natural Park boss swipes at SEC

The Securities and Exchange Commission (SEC) denied yesterday that charges it filed against former executives of Natural Park Plc were an act of discrimination, adding that its officials had no personal conflicts with the targeted people.

HIRE-PURCHASE RATES

Auto loans to take a dive

Hit by rising interest rates, Tisco Bank will reduce vehicle loans this year, in order to focus more on commercial lending, the bank's chief executive said yesterday.

TRADING RESTRICTION

SET rejects IEC appeal to lift ban

Stock exchange says share-trading rules are not a matter for firm's management

STREET WISE

Cash cows and the rural poor

Like any country that sees its economy expand suddenly and rapidly, China experiencing grave trouble in the form of widening disparities in urban and rural incomes.



'Purple oil' deal will ease small fishermen's woes

Small-scale fishermen will soon be assured of a steady supply of below-market-price fuel for their boats following an agreement struck yesterday between the Energy Ministry and two refineries.



Govt won't act on baht to please exporters

The stronger baht has begun to bite into the pockets of local exporters, who say they lost 5 to 7 per cent from exchange rate losses last month.



Agency wants more Shin documents

The Business Development Department has asked Siam Commercial Bank to hand over more financial documents from the share sale of Shin Corp to Singapore's Temasek Holdings earlier this year.






Top Stories



Beefing up hotel standards through new benchmark

Cabinet makes U-turn on mega-projects

Songkran hotel bonanza

Will mass transit stay on the rails?

Boom time for fixed deposits


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