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Sat, April 29, 2006 : Last updated 20:46 pm (Thai local time)



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PAPER SECTOR

Norske Skog to upgrade plant

Norwegian firm to inject $10m into local Pan Asia mill




Baht's strength 'will assure capital inflow' in the second half

Capital inflows into Thailand will continue in the second half of this year, on the back of a reallocation of dollar-denominated asset holdings, according to a local financial expert.





TFEX sees few trades in its first day

The long-awaited Thailand Futures Exchange got off to a slow start yesterday with only 161 contracts worth Bt86 million moved.



Company Reports

AROMATICS (THAILAND) posted Bt348.9 million in first-quarter net profit, down sharply from Bt2.7 billion in the same period last year.



Block-maker coifs up

Siam Cpac Block Co Ltd has modernised and re-branded its products, with the new product name of "Cpac Dsign" top replace the old moniker: "Cpac Block".



NTC tries to sooth foreign players

The national telecommunications regulator has said the draft rules to restrict foreign domination in local telecom firms are mainly intended to encourage the disclosure of information, not to deter foreign investment in Thailand.



SEC to learn from failed suit

The Securities and Exchange Commission will study the case in which the Attorney-General's Office recently dropped criminal charges against Thosapong Jaruthavee, former top executive of Natural Park. The commission's goal is to seal the legal loophole.

IN BRIEFS

Halal food

Goat farming to be promoted in South



Departing boss blasts TOT board

Departing TOT president Teerawit Charuwat has blamed the board's interference in his management as the cause of his inability to achieve TOT's business targets.



Cargill adds tapioca firm to its arsenal of starch

Cargill Thailand announced Thursday that it had finalised the acquisition of Chai Charoen Tapioca Flour Factory Co, Ltd in Borabue district, Maha Sarakham. The acquisition comprises all production assets of Chai Charoen.



S&P sets up pizza-delivery service with Italian restaurant partner

Local restaurant chain operator S&P Syndicate Plc yesterday announced that it had joined with Italian restaurant operator Zanotti (Thailand) to set up a pizza-delivery company.

PROTEST FALLOUT

Economy has weathered the political storm

The Bank of Thailand finds March was better than it and most pundits had feared

LATE NEWS

BoI investments drop 50 per cent

Investment projects approved in the first quarter by the Board of Investment dropped 52 per cent year on year to Bt85.6 billion, due mainly to political turmoil which discouraged new foreign investment.



New 4-year, Bt63-bn tourism plan ready

The Tourism and Sports Ministry has revised its national tourism master plan. The plan now calls for spending Bt63 billion over the four-year period 2007-2010 with an emphasis on tourism development projects.



TPI board names new chairman and president

Thai Petrochemical Industry Plc's new board of directors yesterday named a chairman and president, but neither has executive powers until the Commerce Ministry gives its official endorsement.



SSI's rating slips on weak finances

Fitch Ratings (Thailand) has downgraded the national long-term debt ratings of Sahaviriya Steel Industries Plc's (SSI) secured debentures, and has withdrawn the ratings due to insufficient information disclosure to maintain the ratings.






Top Stories



Pattaya booms

Baht at six-year high against the dollar

Baht expected to keep rising

Price rises inevitable

Democrats still have much prove


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