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Wed, May 10, 2006 : Last updated 20:41 pm (Thai local time)



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Wedding studios now singing the blues

The honeymoon is over for Thailand's booming wedding business, according to an executive at the Wedding Business Association.



FOREIGN RESERVES

BOT to keep basket of currencies unchanged

Central bank will not follow regional trend of diversifying holdings



RICE

Chia Meng runs for jasmine gold

Rapid expansion continues with distribution centres in China and the Philippines



iTV stock plummets after court ruling

iTV Plc's stock took a 30-per-cent nosedive yesterday after the Central Administrative Court overturned a 2004 arbitration decision and investors began a selling spree.



Cementhai looking for new foreign partners

Siam Cement Group's chemical companies will be seeking foreign partners to form new businesses at the global petrochemical conference in Thailand this month, the president of one on the group's units said yesterday.

STREET WISE

Thaksin opts for retail therapy

Politicians have different ways to chill out. Former prime minister Chuan Leekpai loves to draw cartoon caricatures, while Democrat Party leader Abhisit Vejjajiva tunes into the music of REM or Oasis.



Sony to up output for World Cup

Sony Thai Co Ltd plans to take advantage of World Cup fever in Thailand - and its demand for high-quality television viewing - by expanding its assembly plant at a cost of Bt20 million and manufacturing its Bravia range of LCD TVs in Thailand instead of importing them from Japan.



TAT wants strategic planner

The Tourism Authority of Thailand is re-organising its management team and plans to appoint a sixth deputy governor who will be responsible for strategy and planning.

CRISIS OF CONSUMER CONFIDENCE

Index plunges to four-year low

Poll shows rising worries over oil prices, political turmoil and baht appreciation

LATE NEWS

Cabinet approves proposal to speed up budget spending

The Cabinet yesterday approved the Finance Ministry's proposal acceleration of budget spending in the second half of the year as budget disbursement for the next fiscal year is likely to be put on hold until early 2007.



Asia's SMEs 'upbeat but obstacles ahead'

Asia's small- and medium-sized enterprises are bullish about the region's prospects, but they are concerned about obstacles to growth, according to a survey by UPS Asia Business Monitor.



Disease adds new woe to troubled shrimp trade

Somsak Paneetatyasai was re-elected as president of the Thai Shrimp Association (TSA) until the end of 2007 to continue his strategy to rebuild the troubled Thai shrimp industry and boost exports.



Office rents still rising in red-hot Asia

With economies in Asia expanding and new supplies of office buildings still limited across the region, commercial property rents continued their climb in the first three months of this year.

CINEPLEXES

EGV to focus on teen market

75 per cent of customers are high-spending youths



One-Two-Go makes flying easier with new prepaid card

Budget airline One-Two-Go has launched a prepaid card offering extra flexibility, particularly for travellers who like to fly at the last minute.



Biznews round-up

lRayong Refinery Plc is to issue 1.4 billion new shares via an initial public offering (IPO) to be held on May 18-19.

COMMODITY DEMAND

Afet volume hits new high

Rubber products boost trading



Thanong reviewing fuel-relief package

Fiscal measures to lessen the impact of high oil prices and rising interest rates remain pending as caretaker Finance Minister Thanong Bidaya said yesterday he would need to review the package as he had not been consulted on it yet.



SME loans top BAY agenda at Money Expo

The Bank of Ayudhya will highlight loans for small- and medium-sized enterprises (SMEs) at Money Expo, to be held this weekend.



Futures club needs a few months to mull fees

The Futures Industry Club will take one or two months to decide whether to reduce the commission fees it charges individual clients to the rate it charges institutional investors, or Bt300 per contract, chairman Pattera Dilokrungthirapop said yesterday.



Pawnshops boom before school year

Kasikorn Research Centre reported yesterday that pawnshops were the fifth most important source of cash for parents sending their children back to school this upcoming term.



Nokia makes move for stock traders

Nokia yesterday unveiled its first handset aimed primarily at stock traders, a pen-based smart phone that recognises writing - the 6708.






Top Stories



DVD, VCD piracy is worsening

Funds flowing into SET as dollar falls

THAI spending big on Suvarnabhumi

iTV stock plummets after court ruling

Cabinet considers cost cuts


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