INVESTMENT IN LAOS

Thai firms 'missing opportunities'

Foreign companies flocking to do business in neighbouring country, which is experiencing huge growth: ambassador
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Joint effort to promote Thai food worldwide

The Commerce Ministry is holding talks with the London-based Blue Elephant Thai-restaurant chain to form a joint venture, in an attempt to expand Thai cuisine worldwide.
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IEC to boost capital

Mobile-phone distributor International Engineering Plc (IEC) said yesterday that it would sell 150 million capital-increase shares to four investors: RPK International Co Ltd, Bhassakorn Buddhichewin, Wannaporn Phornprapha and Opas Rangchaikul.
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Mobile operators counting the cost of 'painful' price war

The fierce battle for customers between Thailand's mobile-phone operators is beginning to backfire for some, which are seeing it as a business obstacle greater than the economic slowdown. The competition and the low-call-rate campaigns are beginning to eat into their profitability.
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Street WISE :Political ad blitz looms large

Red is one of the colours used most in the Kingdom, just like during the celebrations of Chinese New Year. But this time of year, it is the colour of the big sale signs at retailers.
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Hotels set to raise room rates by 10%

Hotel operators plan to hike up room rates by an average of 10 per cent next year as a result of higher operational costs in the wake of the rise in oil prices.
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Local hospital firm expands to Siem Reap

Bangkok Dusit Medical Services Plc is to open its first overseas venture, the five-star hospital "Royal Angkor International", at Siem Reap in Cambodia in December.
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War looms in imported premium-whisky market

A barroom brawl is brewing in the local imported-whisky market.
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Extra power generation will only be 9,000MW, Egat says

Additional power generation for 2011 to 2015 will be only 9,000 megawatts - 4,000 megawatts less than previous projections - due to the economic slowdown, the Electricity Generating Authority of Thailand (Egat) said yesterday.
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Securitised issues to grow: BEX

The Bond Electronic Exchange (BEX) expects securitisation to account for Bt1.5 trillion of the total Bt6.4-trillion projected value of debt instruments five years from now.
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Monthly savings bond sales to continue

The Finance Ministry has said it will continue to issue saving bonds worth Bt500 million each month until the end of the next fiscal year.
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MPay streamlines its customer services

Advanced MPay Co Ltd, a subsidiary of Advanced Info Service, the country's largest mobile-phone operator, has signed up a disappointingly low 100,000 active users for its wireless payment service since beginning operations last August.
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SECURITIES LAWSUIT

Court finds for stockbrokers

SET to pay Bt40,000 each for failing to approve licences after they switch jobs
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Government to start cracking down on nominee shareholders for foreign firms

Starting in two weeks, foreign investors that want to invest in Thailand will be required to produce bank statements and shareholder lists, together with share portions and financial sources to the Business Development Department.
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LATE NEWS

BOI approves proposal to establish centre for test-tube babies in Bangkok

The Board of Investment (BOI) yesterday approved the investment plan of Australian firm Oogonium Co Ltd to set up a center for test-tube babies and provide preimplantation genetic-diagnosis services in Bangkok.
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Magazines expect zero growth

The magazine industry is in for a tough year with no growth in advertising revenue forecast for the second half.
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Aviance diversifies to improve sales

Aviance, the direct-sales unit of Unilever Thai Trading Co Ltd, is expanding its distribution channels to boost its average customer sales, which have been on wane this year.
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TOT PLC

'New focus' to halt falling revenues

Company will concentrate more on latest technologies, less on fixed-line services
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