TCC Capital Land looks to raise Bt1 billion to cover its expansion bill
TCC Capital Land Ltd plans to increase its registered capital from Bt5 billion to Bt6 billion before the end of this year, and will spend Bt2.5 billion on new land for development in 2007.
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STREET WISE
Are teak trees seeking revenge?
Rural people have long been crying foul over their exploitation by Bangkok, which prides itself as the centre of everything.
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Tourists flock to see new statue
Asian tourists, mainly from Taiwan, China and Hong Kong, have been flocking to Bangkok to pay tribute to Than Tao Mahaphrom, whose new statue was installed at the Erawan shrine on Sunday, said a tourism association.
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Luxury goods imports boom in first quarter
The Commerce Ministry is planning stringent import restrictions on luxury goods after imports of expensive products skyrocketed to more than Bt100 billion in the first four months of the year.
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Tesco to expand house brand range
Tesco Lotus, Thailand's largest hypermarket chain, yesterday said that it would add about 700 new items to its house brand range this year.
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FLOOD DAMAGES
Businesses, banks rush to assist victims
Low-interest loans in the making to help rebuild
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IN BRIEF
Tech expansion
PTT enters ICT fray with joint venture
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CAT mobile service launch faces delay
CAT Telecom Plc might have to delay the official debut of its mobile-phone service in 51 provinces until next year, pending the readiness of a marketing plan and a billing system and availability of handsets.
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Battery distributor targets leadership
MF Auto (Thailand), the exclusive distributor of Puma car batteries, has made aggressive business plans to become Thailand's market leader in maintenance-free auto batteries within five years and to double its sales growth this year.
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SME ENERGY SAVINGS
Ministry's ambitious Bt3-bn goal
Viset wants consumption fall in 2nd half
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WORLD CUP TELECASTS
Dhospaak seeks 50% more ads
Slowdown and politics cited in failure to hit target
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Bang & Olufsen ups Asian focus
Bang & Olufsen, a high-end consumer electronics brand from Denmark, yesterday announced plans to expand its business in Asia.
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Mobiles to get 08 prefix
The National Telecommunications Commission (NTC) is to introduce a new telephone numbering system on September 1, which will see all mobile-phone numbers extended to 10 digits by adding the prefix 08.
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Shrimp sales to EU bounce back as GSP returns
Thailand lost out to Vietnam as the biggest shrimp exporter to Europe following a chain reaction after a 1999 cut in European Union import-duty privileges under the generalised system of preferences (GSP).
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AIS ringtones come with video and music
The country's largest cell-phone operator, Advanced Info Service (AIS), yesterday announced the launch of a video ringtone service. Subscribers will now be able to see a video with music on incoming calls.
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Bt9 air fares at travel show
Thai AirAsia plans to sell more than 10,000 tickets at its first ever discount travel show at the Queen Sirikit National Convention Centre in Bangkok from June 23-25.
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HOT STOCKS
Stock: Central Pattana Plc (CPN)
Recommendation: Buy
Securities house: Phatra Securities
Central Pattana reported slightly better than expected first-quarter earnings, thanks to an increase in rental rates on almost every project. Net income was Bt457 million or Bt0.21 per share, up 25.2 per cent year on year and 52.9 per cent quarter on quarter.
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SCB goes electronic
Siam Commercial Bank has been continually expanding its electronic banking business with the aim of boosting fee income from its bill payment service to Bt400 million this year - an annual growth rate of 27 per cent.
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SET extends the floor on commissions by three years
The Stock Exchange of Thailand yesterday extended the floor on brokerage commissions for three years to give brokers more time to prepare for liberalisation.
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ECONOMIC CHANGE
Adjust to survive, says Kosit
Bangkok Bank executive chairman Kosit Panpiemras has warned businesses to adjust quickly to risks in the global economic environment without waiting for government stimulus packages, which cannot guarantee business success.
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