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Thu, May 4, 2006 : Last updated 21:20 pm (Thai local time)



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Home > Business



 
FUEL PRICES BITE

Rise in jobless as firms cut costs

More people out of work at all levels in almost all industries




Freeze on cost of cooking gas until the end of June

The price of cooking gas will be frozen until the end of June to avoid increasing the burden on consumers in the current environment of high fuel prices, the Internal Trade Department said yesterday.





Baht intervention not needed: BOT

The Bank of Thailand (BOT) said yesterday that the baht had stabilised on Tuesday without requiring its intervention.



Biznews round-up

The Finance Ministry yesterday announced that it now allows foreign companies to issue baht-denominated bonds particularly corporations in Asean-plus-three countries.

CAPITAL OK

Firm maintains growth target

Consumer finance company shrugs off uncertainty caused by political turmoil



Exim Bank's profit tumbles

The Export-Import Bank of Thailand has announced a 33-per-cent drop in net profit in the first quarter because of a 52.9-per-cent increase in loan-loss provisions.



Rich Asia Steel applies to allocate shares before IPO

Rich Asia Steel Plc has applied to the Securities and Exchange Commission to allocate initial public offering (IPO) shares ahead of its plan to list on the stock market this year.



Picnic in debt talks with Japanese bank

Picnic Corp Plc is negotiating a debt settlement with Sumitomo Mitsui Banking Corp's Bangkok branch.

FIGHTING INFLATION

Tax breaks mulled for industry

Cabinet to consider Finance Ministry's proposal to help manufacturing sector



Company Reports

PYLON has signed a Bt33.6-million construction contract with CTT Real Estate for 32 commercial buildings at the Takasilanakorn project.

IN BRIEF

Lalin Property may delay new projects as building costs rise

Lalin Property Plc may delay two more property projects in the second half of the year after launching two new projects worth Bt1.1 billion yesterday.



Intellectual property helps boost economic growth

The Government's Intellectual Property Department has a key role to play in driving economic growth, caretaker Commerce Minister Somkid Jatusripitak said yesterday.

PTTEP'S ARTHIT FIELD

Delay to hit '07 sales

'Impossible' to meet project schedule

LATE NEWS

THAI raises fees for most flights

Thai Airways International Plc is to raise fuel surcharges on most of its flights on June 1 to cope with surging oil prices.



Delta Paint eyes the high-end

Delta Paint Co Ltd has launched a new range of products under the brand name of 'Toptech Primer' to target the high-end market.



Vietnam looms as major competitor to Kingdom, says report

Vietnam will be a major competitor to Thailand in three areas - trade, tourism and investment - Kasikorn Research Centre said yesterday.

TELECOMS

Disputes forum to be set up

Customer complaints the first priority



Call problems return as firms vie for business

The national telecom regulator is to investigate a new problem being reported by mobile-phone users, of occasional failures to connect, both with subscribers of their own networks and those of other networks.

STREET WISE

When it comes to cars, size matters

During a recent visit to Bahrain, our reporter witnessed something very strange.



Diesel price may fall to help public transport

The Energy Policy and Planning Office (Eppo) expects to launch a scheme on May 15 to reduce the fuel cost burden on the public transport sector.



Pantavanij plans excursion into China

Pantavanij plans to expand its business to China next year and hopes to be ranked among the world's top five major procurement software companies.



Gold 'to hit 25-year high'

The Gold Traders' Association of Thailand has predicted the world market price for gold will surpass US$700 (Bt26,600) per ounce this month, with the domestic price reaching its highest price in 25 years at Bt11,850 per baht weight (15.16 grams).



Some spas close doors but sector bullish on growth prospects

Some small and medium-sized spas have closed down after a drop off in tourists from some countries because of the political turmoil during the first four months of the year, according to the Thai Spa Association.






Top Stories



Company Reports

BOT rings alarm as borrowing continues

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

Late budget to set back transit plan

Mazda makes plans to return to Indonesia


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