
True to start online phoning service

True Internet, a unit of True Corp Plc, will kick off its low-cost Internet calling service on July 20, aiming to sign up 100,000 subscribers this year and doubling that figure next year.
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LATES NEWS

Egat, Treasury dispute grids

The Treasury Department has unofficially approached Egat over ownership of the transmission grids, said Egat governor Kraisri Karnasutra.
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Panel studies customs bribery

The Foreign Trade Department has reacted swiftly to a study alleging rampant bribe-taking at the Commerce Ministry, by ordering an inquiry into the claims.
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Mango Tree hits New York

Mango Tree Thai restaurants will soon open eateries in New York and Atlanta as part of a pilot project to promote the brand's franchise business in the US.
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Reserves hit historic high

Bank of Thailand's international reserves hit the historic high of US$58.1 billion (Bt2.2 trillion) for the second time since May at the end of last month.
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Petrol passed Bt30 at most stations early this morning

All oil companies but PTT Plc raised retail petrol prices early this morning, pushing up the price of octane-95 above the Bt30 benchmark for the first time.
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Profitability behind THAI reshuffling

Wanchai Sarathulthat, chairman of Thai Airways International Plc (THAI), came out yesterday to clarify that this week's management reshuffle was aimed at increasing the company's profitability after it moves to Bangkok's new international airport later this year.
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IN BRIEF

Transport : Court puts Skytrain operator into rehabilitation with Bt38 bn in debt

The Central Bankruptcy Court yesterday placed Bangkok Mass Transit System Plc (BTS), the Skytrain operator, in rehabilitation.
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Matching Studio installs giant TVs

Matching Studio Plc director and CEO Somchai Cheewasutthanon surprised everyone yet again yesterday by flying around in a Superman costume and showing off his super powers by pushing out the big new monitor screens at the outdoor terrace between Siam Paragon and Siam Centre.
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Oil firms urged to explore desert

The Energy Ministry is encouraging Thai companies to develop oil and natural-gas sources in the Middle East, to ensure energy security amid rising oil prices, said caretaker Energy Minister Viset Choopiban.
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Taiwan forum heads to Bangkok

Bangkok Bank will be on hand to help Taiwanese investors connect with Thai businesses at the Taitronics Bangkok Exhibition scheduled for the last week of this month.
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Siam City Bank to buy more of Ratchthani Leasing

Siam City Bank will boost its stake in Ratchthani Leasing Plc from 22.82 per cent to 40.33 per cent by purchasing new shares in the second-hand-car-leasing firm at Bt1.15 per share together with free warrants.
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