BAY deal to boost competition: BBL
The purchase of a stake in Bank of Ayudhya by GE Capital Asia Pacific will significantly intensify competition in the banking industry, Bangkok Bank president Chartsiri Sophonpanich said yesterday.
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IN BRIEF
Rubber : China, Vietnam see growth in Laos
China and Vietnam are expanding their rubber plantations in Laos to capitalise on rising prices in their domestic markets and for export.
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Big rise in speculative trading on Afet
The Agricultural Futures Exchange of Thailand (Afet) has reached another stage in its development, with speculative traders having increased their proportion of trades from about 20 per cent when the market opened two years ago to about 50 per cent now.
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'Zero-dollar tourism' warning
So-called "zero-dollar tourism" could come back to haunt the Kingdom if the government pays more attention to the number of tourists rather than their quality, Prakit Chin-amournphong, vice chairman of the Thai Hotels Association, said yesterday.
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PROPERTY VENTURES
S'pore's CDL in major Thai expansion
Investing in residences, hotels, shopping malls
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BMW offers soft terms in hard times
Owning a BMW has never be this easy, thanks to the economic slowdown.
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LATES NEWS
Mitsubishi to rev up Triton output
Mitsubishi Motors (Thailand) is planning to increase production of its Triton pickup by 14 per cent to more than 200,000 units a year to cash in on global demand, particularly in Europe.
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Brewery hikes production of Cheers and Tiger
With consumption of premium beer having slowed along with the economy, Thai Asia Pacific Brewery Co Ltd will keep production of Heineken at last year's level while increasing output of its standard and economy brews - Tiger and Cheers.
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Stick to what you know, retailers told
Amidst the oil-price rise and political uncertainty, retailers should be cautious about business-expansion plans, manage costs and keep their focus on their areas of expertise, suggested leading retailers at a seminar yesterday organised by the University of the Thai Chamber of Commerce.
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More bottlers splash into green tea fray
Osotspa Co Ltd and Kirin Beverage Corp (Japan), two beverage giants, are set to find out if their combined strength can translate into success.
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Nascomm, Chinese IT firm ink joint-venture pact
A Shanghai-based company signed an agreement yesterday to form a joint venture with Nascomm in an effort to penetrate the Thai information-technology (IT), electricity-generating and telecom sectors.
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