DTAC and True battle hits a pitch
Competition in the cellular industry reached new heights yesterday and again customers were the losers as Total Access Communication (DTAC) and True Move squared up to each other.
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True offers enticing deals by cross-selling its businesses
The True Group is looking to increase its market share by offering an all-in-one low-cost package that includes cellular and pay-television services.
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LATE NEWS
US removes tax breaks on imports
The US has withdrawn tax breaks on four Thai imports, because their value exceeded their limit. The four items that lost tax privileges as of July 1 are cereal, canned lychee and canned longan, kitchenware and plastic goods.
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TOT, CAT to delay listings
State enterprises TOT Plc and CAT Telecom Plc will have to further delay plans to list on the stock exchange as they wait for a new government to take over and give them its blessing.
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Rail bid plans irk Nesac
The National Economic and Social Advisory Council (Nesac) yesterday expressed concern that bidding for the Transport Ministry's three electric train routes in Bangkok might not be transparent and lack financial controls if they were turnkey projects.
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Broker cuts sales target
Property broker Realty World Alliance Co Ltd has revised downward its sales estimate for the year from Bt2.8 billion to Bt2.1 billion after a decline in business, especially house resales, by an average of 20 per cent in the first half.
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Acer eyes top spots for PCs, LCDs, notebooks
Acer Computer is looking to top the Thai market for LCD monitors, notebooks and desktop PCs by the end of the year, by taking market shares of 40 per cent for monitors and notebooks and 15 per cent for desktops.
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FTA to wait for new govt, Kantathi tells Rice
Thailand's next government will be responsible for further negotiations with Washington on the proposed free-trade agreement (FTA), caretaker Foreign Minister Kantathi Suphamongkhon said in Washington on Wednesday.
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Design centre to stage Vivienne Westwood show
The Thailand Creative and Design Centre (TCDC), in collaboration with London's Victoria and Albert Museum, will stage an exhibition featuring the work of Vivienne Westwood, one of the most influential fashion designers of the past 30 years.
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CONCERNED CONSUMERS
Confidence falls again last month
Index score of 80 is the lowest in 50 months and it's likely to get worse
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IN BRIEF
Agricultural Exports
Ministry to peddle Kingdom's fruit and herbs in New Zealand road show
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Japanese firms expect conditions to improve
The Japanese Chamber of Commerce in Bangkok said yesterday that harsh economic and political developments had weakened the economy this year but conditions should improve in the rest of the year.
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MASS-TRANSIT EXPANSION
Condos on rail line a hot ticket
Property developers building 6,000 units along the Sathorn-Tha Phra extension
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AIS to raise up to Bt25 bn
Advanced Info Service Plc's (AIS) board of directors voted to allow the company to borrow up to Bt25 billion by either selling debentures or tapping overseas and domestic financial sources.
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HSBC warns of overseas borrowing
The Hongkong and Shanghai Banking Corporation has warned the government about foreign borrowing for its mega-projects and has raised the spectre of a recurrence of the 1997 financial crisis by saying that similar conditions could result if Thailand raises too much money from external sources.
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INWARD INVESTMENT
Foreign-funds inflow to continue - BOT
Central bank expects overseas players to keep investing in the Thai market
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FRIDAY BUG
The longest hour
The German team probably felt 120 minutes pass in an instant when it lost to Italy in the World Cup early this month.
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INSURANCE SECTOR
AIG to set up investment fund
US-based giant agrees to set up vehicle to invest in the Thai stock market
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STREET WISE
Move aside, let the big dog eat
A recent protest by chicken vendors at the Bang Kapi fresh market against the Charoen Pokphand's chicken kiosk is certainly not the last by small retailers against the plans of large firms to expand their business at the expense of the little guys.
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Govt projects may need emergency funding: economist
The government may have to introduce special measures to finance its projects, as the Constitution Court's ruling yesterday signalled that the political crisis was likely to put budget disbursement on the back burner for more than six months.
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