Nissan cuts sales goal for the year
Siam Nissan Automobile (SNA) Co Ltd, the distributor of Nissan vehicles in Thailand, has cut its sales target for 2006 from 50,000 to between 46,000 and 48,000 units due to a combination of negative factors.
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LATE NEWS
Economic elixir
Caretaker Deputy Prime Minister and Commerce Minister Somkid Jatusripitak yesterday instructed agencies to draw up road shows to attract more investors and tourists, in a bid to boost the economy during the second half of the year.
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Company reports
POWER LINE ENGINEERING increased its holding in Today Asset (Thailand) Co Ltd by purchasing shares valued at Bt12.5 million from Thawatchai Patcharat. Its stake has risen from 20 per cent to 25 per cent as a result.
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Bt75m upgrade at TV factory
TCL Electronics (Thailand) Co Ltd has allocated Bt75 million to add a new production line of liquid-crystal-display (LCD) television sets.
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TOT gets new hardware
The board of TOT Plc has approved the purchase of equipment worth Bt975 million that will enable the agency to expand its share of the broadband Internet market.
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AOT, THAI eye small airports
Airports of Thailand Plc and Thai Airways International Plc have proposed taking over the management of some of the 26 provincial airports from the Civil Aviation Department, said caretaker Deputy Transport Minister Phumtham Wechayachai.
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EU wants cleaner food
The European Union has suggested Thai exporters focus more on EU sanitary requirements for food imports, in order to increase the export value of Thai fruits and vegetables.
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GOVT ASSISTANCE
Health sector asks for help
Hospitals, spas, herbal-product makers want a slice of global pie
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Air France, KLM trumpet new joint operation in Bangkok
Air France and KLM Royal Dutch Airlines yesterday announced the official integration of their Bangkok operations and management teams.
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IN BRIEF
AirAsia flights from Bangkok to Langkawi
Discount carrier AirAsia will soon offer direct flights between Bangkok and the Malaysian island of Langkawi, near the border with Thailand, to meet increasing demand from tourists, according to the Bernama news agency.
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Planet Thailand hits Manhattan
Thai restaurant Planet Thailand 212 or "PT212" will officially open in the Manhattan area of New York at the end of the month after a decade of successful business in its original location in Williamsburg, Brooklyn.
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Noble pre-sells 268 condominium units in a single day
Noble Development Plc plans to rethink its new project plans for this year and will possibly launch five instead of four projects, despite its success in selling condominiums worth Bt1.14 billion in just one day this week.
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NEW TELECOM REGULATIONS
Interconnection rules a blow to TOT
State firm wonders how to avoid losses
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Exchange to appeal court's IEC ruling
The Stock Exchange of Thailand (SET) will appeal the Central Administrative Court ruling which temporarily revoked the SET's order prohibiting International Engineering Co Plc (IEC)'s stock from intra-day and margin-loan trading.
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SET to probe GE Capital purchase of BAY stock
The Stock Exchange of Thailand (SET) said yesterday it would look into GE Capital Asia Pacific Ltd's purchase of shares in Bank of Ayudhya (BAY) for any breaches of insider-trading laws.
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FRIDAY BUG
Queen Victoria's marching orders
Look at what the nasty forces of capitalism have done to poor old Queen Victoria! Now that London has agreed to sell part of the British Embassy compound to Tiang Chirathivat Real Estate, part of the Central Group, the embassy must find a new location for the Queen Victoria statue.
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LONDON'S LORD MAYOR IN BANGKOK
Financial hub a distant hope
Could Bangkok ever become an international financial centre like London?
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Assistance for the North
The Fiscal Policy Office is enlisting economists at Chiang Mai University in a drive to strengthen the northern economy.
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KNOCK-ON EFFECT
SET dives on Wall Street shock
Thai stocks take a beating after heavy selling in New York panics investors
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STREET WISE
Remarkable Sri Lankan recovery
Sri Lankan Ambassador JDA Wijewardena hosted a working lunch with a group of airline and travel operators at his Sukhumvit residence yesterday, to discuss the situation in his country.
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Senoko Power plans Bt10-billion ethanol plant
Senoko Power, a Temasek Holdings-owned power-generation firm, is interested in investing in a Bt10-billion ethanol plant in Udon Thani.
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