SPECIAL
Garment industry hunts for new plant sites in other Asian nations
To stay one step ahead of stiff international competition, Thai garment manufacturers are hedging their bets through foreign expansions, to take avantage of lower costs and market access
India, China and Vietnam have a high potential to become sites for Thailand's next offshore garment-manufacturing plants, following the uncertain outcome of the Thai-US free-trade agreement, reports Achara Pongvutitham.
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Banks cool to government's loan plan
Major commercial banks have reacted coolly to the caretaker government's plan to stimulate consumer-oriented loan extension during this half of the year as a means of boosting the country's decelerating economy.
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Iranian supplies to hit petrochemical sector profits
The earnings of the petrochemical sector are expected to come under pressure over the next year or two, after a new Iranian petrochemical supply comes on stream, say analysts.
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SIAM CEMENT
SCC earnings set to tumble - brokerage
Siam Cement Plc (SCC)'s second-quarter net profit is expected to fall 12 per cent from the first quarter and 4 per cent year on year to Bt8.38 billion.
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ANALYSIS
Ministry bastardises bid process
When a firm wins an auction, it is pressed for more
Although the Commerce Ministry often conducts auctions it seems to misunderstand the criteria and never follows the rules, reports Petchanet Pratruangkrai.
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STREET WISE
Somchai back to his old stunts
Few businessmen willingly fall from a great height under public scrutiny, but Matching Studio boss Somchai Cheewasutthanon is an exception.
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Janjaree takes consulting to new level
After spending nearly 20 years as a marketing academic and working for multinational companies, Janjaree Thanma last year decided to set up her own training and consulting agency, She (Thailand) Co Ltd.
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Somkid lobbies the US to extend GSP
Caretaker Deputy Prime Minister Somkid Jatusripitak urged the US Trade Representative and the country's Commerce Department to consider extending preferential tariffs on Thai imports to ensure the continuos flow of trade between the two countries.
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MEDIA OUTLOOK
Strong signals for TV stations
Revenue growth and lower costs forecast for all free-to-air operators, except iTV
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LATE NEWS
Thailand hires Cambodians
Thailand will allow an increase in the number of Cambodians working here.
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Soap firm is adding bubbles
Is Am Are Products Co Ltd, the maker and distributor of Body & Mind personal-care products, will launch seven new products in the second half of this year.
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Disunity afflicts CAT Telecom
Some former CAT Telecom Plc board directors have tried hard to be reappointed to their posts, despite heavy criticism of the board's failure to protect the state agency's interests, said a CAT source.
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Non-bank lenders should be encouraged to expand
Non-bank financial institutions (NBFIs) or non-bank businesses are internationally recognised as financial institutions or intermediaries that provide several forms of financial services within the economic system, and which require specialised expertise in those areas.
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Tourism bosses boast 400,000 rise in first half
The Association of Thai Travel Agents (ATTA) reported that international tourists using its travel agents reached 1.4 million during the first half of the year, up 400,000 from the same period last year.
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Amway to focus more on nutrition supplements
Amway (Thailand) Ltd, the US multilevel marketing direct-sales company, expects flat sales in the second half of this year.
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CSR is the new social mantra
Business organisations should play an increasing role in fostering social responsibility, says Stock Exchange of Thailand (SET) president Patareeya Benjapholchai.
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NEW ZEALAND FTA
Services will be next on the agenda
Kingdom will start talks on expanding the pact beyond trade in goods by 2008
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