Consultant to prepare IPP bidding rules
The Electricity Regulatory Board is hiring a consultant to prepare guidelines for the second round of bidding by independent power producers (IPPs).
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IN BRIEF
Public warehouse organisation: Commerce Ministry appoints acting chairman
The Commerce Ministry has appointed Yanyong Phuangrach, its deputy permanent secretary, as acting chairman of the board to smooth the operations of the Public Warehouse Organisation.
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TOT expects to finalise connection rate on Monday
TOT Plc's board expects to finish setting interconnection rates on Monday, said the agency's acting president, Chamras Tantreesukhon.
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FOOD-SUPPLEMENT COMPANY
Blackmores to freeze prices
Thai-Australian FTA cut duties, but transportation costs increase
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Rice bids open to local traders
The Commerce Ministry will open baht bidding for jasmine rice to domestic traders on Tuesday for the second time this year, as part of a plan to reduce a stockpile of 420,000 tonnes and prepare for the government's new intervention programme.
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Best Western to run Phuket hotel
Best Western International (BWI) is to manage the Supalai Resort and Spa in Phuket under a three-year agreement with the Supalai Group.
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LATE NEWS
Slaughterhouses to get upgrades
The National Bureau of Agricultural Commodity and Food Standards will upgrade standards guarantees of 25 slaughterhouses, mainly to prove the quality of their products exported to the United Arab Emirates, which could serve as the Kingdom's distribution centre to the Middle East.
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HK shopping fest starts
Hong Kong gears up tomorrow for the start of its largest annual shopping festival, with a record 7,500-plus merchants participating this year.
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Central Pattana to reorganise, expand overseas
Central Pattana Plc (CPN), the property development unit of the Central Group, is preparing a five-year plan to overhaul its operation system, which will regroup into six units, to pave the way for international expansion.
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Thai and Chinese steel firms forge alliance to mine new markets
Steel-maker MCS yesterday forged a cross shareholding agreement with Huayin Steel Structure Engineering (China) Co Ltd to increase production capacity, boost exports and tap new markets.
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SOMKID'S FRENCH VISIT
France agrees to boost trade
60-firm junket on tap for September
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UOB unit sees end to battle for depositors
The intense battle between banks to attract deposits is expected to ease off in the
second half of the year, which will put short-term fixed-interest funds back on investors' radar screens, Vana Bulbon, chief executive officer of UOB Asset Management, said
yesterday.
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BankThai appoints cultural adviser
BankThai has appointed Paothong Thongchua, an expert on Thai culture, as an adviser to the bank's president, in order to help promote the bank's "Proud of Thai with BankThai" concept.
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FRIDAY BUG
A painter's eye for the ladies
Bank of Thailand governor MR Pridiyathorn Devakula may live a life immersed in financial figures almost 24/7, but this doesn't mean that he lacks an appreciation of fine art.
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REGIONAL ASSISTANCE
BAAC to offer financial advice
The Bank for Agriculture and Agricultural Cooperatives (BAAC) announced yesterday that it would extend its role to neighbouring countries by assisting their internal financial institutions.
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CREDIT APPROVALS
Bank standards higher: BOT
Pridiyathorn says improvement will help reduce non-performing loans
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STREET WISE
Roman still on the prowl
With the purchase of Chelsea FC, Russian millionaire Roman Abramovich has proved to be a real football fan. Unlike other owners, he has been seen at nearly all his team's matches and never been a cheapskate when it comes to buying new players.
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