Toyota ready for local NGV car production
Toyota Motors Thailand is prepared to produce passenger cars that can use natural gas for vehicles (NGV) if the Finance Ministry agrees to cut excise tax to 20 per cent, said a PTT Plc executive.
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IN BRIEF
Investors' Day
MAI, 'the new investment beat'
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TYRE BUSINESS
Goodyear to focus on high end
Pricier products to the fore to balance rising costs
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PTT won't follow price-increase blitz - for now
PTT Plc, the country's largest oil and gas conglomerate, is trying to keep its retail oil prices unchanged as long as possible, even though it means carrying a huge loss, one executive said yesterday.
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'Ink Japanese FTA by July'
The University of the Thai Chamber of Commerce yesterday urged the new government to sign a bilateral free-trade agreement (FTA) with Japan by July, to add momentum to exports and investment in the fourth quarter.
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EXPORT GROWTH
Trade surplus finally logged
State promotion agency to hold outsourcing fair
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Aromatics completes upgrades
The Aromatics (Thailand) Plc is operating at full capacity after restarting production on March 28, after a 30-day pause for "turnaround" maintenance to boost efficiency and create energy savings of US$1.5 million (Bt56.6 million) per year.
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Toilet firm sinks into mid market
Nahm Sanitaryware Co Ltd start concentrating more on the middle class in an attempt to expand sales 10 per cent to Bt560 million this year, after it missed its growth target last year.
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Samart energy deal
Samart Corp Plc will earn revenues of Bt2.4 billion within 10 years from a deal to supply electricity to a cement plant partly owned by the Siam Cement group in Cambodia's Kampot province.
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Hutchison upbeat on talks with CAT
Hong Kong's Hutchison Telecom hopes it can wrap up negotiations with Thai partner CAT Telecom Plc on a co-marketing plan for cellular services through their two separate networks this year.
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Citicorp aims for top three
Citicorp Securities (Thailand) has officially launched its securities business in Thailand, with a target to be among the top three brokers in the brokerage market within about one year.
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GHB lifts interest on fixed-rate deposits
The Government Housing Bank said yesterday that it would raise the interest paid on its 12-month fixed-rate deposits to 5.5 per cent, the industry's highest, in a bid to maintain the bank's depositor base and attract new customers.
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BANK EARNINGS
KTB profit jumps 11%
Six institutions log mixed first-quarter results, as higher corporate taxes bite
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Muang Thai's unexpected gains from rate hikes
Muang Thai Insurance has reported a higher-than-expected return of about 9 per cent from its investment portfolio in the first quarter, thanks mainly to rises in interest rates.
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FRIDAY BUG
SEC 'teacher' nets wayward students
Unruly kids have always annoyed adults, especially those who are strict with the rules of behaviour.
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THAI HEAT EXCHANGE
Company airs acquisition plan
Purchase of steel plants first step in diversification move
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STREET WISE
Able to afford a hefty subsidy
Guess what - Thailand is not the only country in the world to use subsidies to maintain low fuel prices.
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Carrier denies any wrongdoing
Bangkok Airways Co Ltd hit out yesterday at charges that its cargo project at Suvarnabhumi Airport had involved collusive bidding and failure to comply with terms of reference.
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New mag for women with hi-so ambitions
Local entertainment company RS Plc yesterday officially launched its latest magazine, Fame, for up and coming women with a yen for a life of luxury.
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