TELECOMS
NTC to begin collecting fees
National numbering plan for phones will come into effect as of September 1
|
|
|
IN BRIEF
Russia
BoI urges local investors, exporters to consider market opportunities
|
|
|
Doubletree set to open golf resort
Hilton Hotels Corp announced last week the beginning of a global expansion for its upscale, full-service Doubletree hotel brand in Chon Buri's Sri Racha district.
|
|
|
Netgear to buy SkipJam
Netgear Inc, a provider of networking products, said yesterday that it would buy SkipJam Corp, a leader in integrated software for home entertainment.
|
|
|
Mobiles converted for free
In order to spare the tender thumbs of mobile-phone users, who face the prospect of having to change all the numbers in their SIM cards from nine to 10 digits, mobile-phone operators are offering a free conversion service starting on September 1.
|
|
|
Japanese economy Rate hike to help Thai exporters
Bank of Japan's first rise in seven years likely to see spending increase, economist says
|
|
|
IN BRIEF
Hexagon AB sets up Thai subsidiary
The giant measurement-technology group Hexagon AB has acquired technology assets from Thaimach Sales and Service Co Ltd, Hexagon Metrology's largest distributor of coordinate-measuring machines in Thailand.
|
|
|
S&P rates AIS highly
Despite the highly competitive environment and regulatory uncertainties, Advanced Info Service Plc's long-term corporate rating was affirmed yesterday by Standard & Poor's Ratings Services as "A-" with a stable outlook.
|
|
|
Praise for new media
Rejecting speculation that the advertising business is threatened by emerging media like the Web, mobile phones and pay TV, industry executives yesterday insisted that the new media actually create opportunities for marketers to target particular customers.
|
|
|
Sahaviriya Steel Industries targets sales of Bt36 billion
Sahaviriya Steel Industries Plc, the leader in the sheet metal business, has targeted sales of Bt36 billion for the year
despite the local economic downturn.
|
|
|
Twin channels show potential
Thailand's marketing gurus emphasised the importance of new digital-media channels in a Bangkok seminar yesterday, urging marketers to exploit the strengths of the Internet and mobile phones, in order to bolster their marketing strategies.
|
|
|
End of TV as we know it will happen in 2012: IBM
Within six years, television "as we know it" will no longer exist, according to IBM.
|
|
|
MEA cuts electricity forecast, investment
The Metropolitan Elec-tricity Authority (MEA), the power distributor for Bangkok and the surrounding area, has revised its growth rate for power consumption downward.
|
|
|
STREET WISE
Some harsh home truths
Whenever the economy slows down, there is a perception that people resort to the cheapest kind of food - instant noodles. And what would that be but "Mama", the best-selling brand.
|
|
|
Big Echo karaoke freezes expansion plan
Saha Daiichikosho Co Ltd, operator of Big Echo karaoke centres, yesterday announced it is freezing its outlet expansion plan in Thailand to wait for better economic and political conditions.
|
|
|
Steel tube makers mull M&A deals
Local steel tube makers have entered into talks on mergers and acquisitions, following the wave of consolidation overseas, the Metal Tube and Cold-Forming Steel Association said yesterday.
|
|
|
Fears about impact on tourism
The latest bird-flu outbreak will only have a small effect on frozen chicken exports as Thai exporters have focused more on processed products and enclosed farming operations over the past few years, officials said.
|
|
|
Ministry officials moved amid concerns over caretaker govt's role
The caretaker government yesterday approved a one-year extension for Commerce permanent secretary Karun Kittisataporn, along with a reshuffle of the ministry's key department chiefs.
|
|
|
Biznews round-up
- Aberdeen Asset Management won Best Asset Management Awards in both the open-ended equity fund and open-ended flexible fund categories at the SET Awards last Wednesday. The awards were based on funds' performance over a 12-month period.
|
|
|
Tisco jumps on the FIF bandwagon
Like many other asset-management companies, Tisco Asset Management will launch its second foreign investment fund (FIF) that invests in Asian markets. But unlike the others, Tisco will introduce the first-ever options-linked FIF that offers a capital guarantee.
|
|
|
DCT mulls Pacific deal
Dusit Thani Plc (DCT) may reach a principle agree ment with Pacific Assets Plc (PA) this month if it decides to go ahead with its plan to buy either assets or shares.
|
|
|
Bunprasit snaps up Dragon stake
Bunprasit Tangchaisuk, Application Hosting Service's managing director, became Dragon One Plc's second largest shareholder by subscribing to 40 million capital-increase shares.
|
|
|
COMMERCE MINISTRY
Inflation forecast revised
Rise in oil prices lifts expected rate to 4.5-5%
|
|
|
