Tatung plans Thai hub for Asian sales
After keeping a low profile in the Thai market for almost 13 years, Taiwanese consumer electronics manufacturer Tatung yesterday announced plans to expand its market in the Kingdom.
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LATE NEWS
Hitachi Data logs sales of $2.8 bn
Hitachi Data Systems Corp, a provider of applications for optimised storage solutions and a wholly owned subsidiary of Hitachi Ltd, announced yesterday its annual business performance for fiscal year 2005 (ending March 31, 2006) with recorded revenues of US$2.8 billion (Bt107 billion).
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Tentative approval for AIS unit's overseas call service
A wholly owned subsidiary of Advanced Info Service Plc (AIS) has won approval in principle from the national telecom regulator for a licence to operate an international call service.
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Two firms up offers, set to win rice bid
Thailand's largest rice exporter, President Agri Trading, is expected to lose its bid to buy a lot of jasmine rice from the Commerce Ministry after the company refused to increase its offer price.
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TAT urged to set long-term tourism plan
The private sector has urged the Tourism Authority of Thailand (TAT) to adjust its marketing strategy this year by focusing on quality rather than quantity.
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Derma Belle plans overseas laser foray
Three weeks of successful operations have given Derma Belle the confidence to consider setting up aesthetic laser centres abroad.
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Mum TV to air health shows in hospitals
Global media communications agency Initiative has launched the "Mom Channel" at 11 hospitals and a child development centre in Bangkok. The channel starts broadcasting tomorrow.
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PETROLEUM SECTOR MERGER
ATC, RRC diversify with joint facilities
Combined revenues of the two companies expected to nearly double in 2008
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IN BRIEF
Port Authority seeks new head
The Port Authority of Thailand (PAT) will accept applications from Monday to July 13 from candidates hoping to become the agency's governor. Preference will go to those with a knowledge of logistics.
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AAPICO partners with Japanese, Singaporean investors
Thai-Malaysian joint venture AAPICO Hitech Plc - a local producer of automotive parts - yesterday announced the launch of three new partnerships with Japanese and Singaporean investors which the company predicts will turn it into a "global player".
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ASEAN COSMETICS REGULATIONS
Smaller local makers 'to be at a disadvantage'
2008 harmonisation rules will benefit multinationals: firm
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Wyncoast branches into transportation and logistics business
Wyncoast Industrial Park Plc, the property company run by the prime minister's younger sister, Yaowapa Wongsawat, is in talks with petrochemical firms in the Map Ta Put Industrial Estate to use its rail transportation services which will be launched in November.
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PTT GROUP RESTRUCTURING
Rayong Refinery may take over Aromatics
PTT president Prasert Bunsumpun has hinted that Rayong Refinery Plc (RRC) might take over Aromatics (Thailand) Plc (ATC) as part of its group restructuring plan.
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CNS sees profit dive 17% as sector struggles
Capital Nomura Securities' third-quarter earnings fell 17 per cent year on year, illustrating the doldrums in the brokerage industry.
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FIDF expects Bt700m from July stock auction
The Financial Institutions Development Fund expects to collect more than Bt700 million from next month's public auction of shares in 37 non-listed companies.
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Kasikornbank loans still performing well
Despite rising interest rates, Kasikornbank's home-loan borrowers who bought houses
from large listed developers have been able to service their loans.
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CROWN PROPERTY BUREAU
CPB 'should be more assertive'
Academics say agency should take a more active role in promoting growth
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STREET WISE
Population growth redux
It is estimated that the world's population will rise to 7.2 billion by 2015, 8.3 billion by 2030 and 9.3 billion by 2050. The population of developing countries will be 5.9 billion, 6.9 billion and 8.9 billion respectively.
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