WAVE OF THE FUTURE
Internet protocol has telecoms aflutter
New technology to allow customers to watch video on demand on TV, computer
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Political woes hurting flag carrier
Thai Airways International Plc (THAI) expects to boost sales by as much as 8 per cent this year.
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THAI shoots down second low-cost airline plan
THAI AIRWAYS announced yesterday it had scrapped plans for a new budget airline to handle domestic and regional flights, which was part of a strategy to fight competition from budget rivals.
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Orient-Express gets SE Asia toehold with Pansea purchase
Orient-Express Hotels Ltd last week announced that it was branching out to Southeast Asia with the acquisition of Thailand's Pansea hotel group for approximately $25 million (Bt950 million).
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Bidding may be set back
Transport Minister Pongsak Ruktapongpisal said bidding for the construction of three electric-train routes may be delayed from July 27. This is because the ministry has to wait until the Cabinet thoroughly screens the requirements in bidding documents.
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Ministry miffed by cool response to rail-funding plan
The Finance Ministry's suggestion for direct government funding of the first three lines in Bangkok's mass-transit project could save Bt3 billion on the cost of the Red Line routes alone, compared with private investment, a source said yesterday.
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Airlines to resume Phuket, Krabi flights
Four regional airlines are planning to begin service to Phuket and Krabi this month and next, hoping to tap into demand from tourists returning to the post-tsunami South.
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Northern ports to be developed
Chiang Saen I Port in the North is to be redeveloped as a gateway for tourists from southern China once Chiang Saen II Port becomes fully operational.
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iTV to await court ruling on fees
Free-to-air broadcaster iTV Plc insists it will not pay the government-contested concession fees until the Supreme Administrative Court rules on the case.
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Excise Dept sets sights on food supplements
The Excise Department plans to set its tax rate on food supplements and seasoning at 20 per cent, as the products are not necessities and are generally overpriced.
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LATE NEWS
IT INDUSTRY :Firms donate software to universities
Sagitate (Thailand) Co Ltd has joined Invensys Wonderware Corp to donate industrial automation software worth up to Bt100 million to 10 public universities.
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Low-cost package tours to boost domestic tourism
To boost domestic travel, the Tourism Authority of Thailand (TAT), in alliance with various tour and travel associations, is offering special travel packages to seven tourist destinations around the Kingdom at Bt6,660 each.
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Securities firm predicts slower growth ahead for motor sales
The motor trade peaked in 2005 and now faces a period of stagnation, according to a new report Ayudhya Securities.
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SERVICE SECTOR
V Group Building to enter Phuket market
Chiang Mai's largest landlord will rely less on revenues from property with a new hotel development and shopping mall
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Kasetsart scores DNA tech advancement
On July 4, Kasetsart University added another feather to its cap with the development of standard DNA structure, making Thailand the second Asian country after Japan to do so.
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Poor investor sentiment
Ekarat to set IPO at low end of range
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