BOT WARNING
Triple threat to the economy
Bandid cites high oil prices, inflation and interest rates as main worries
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AIA offers financial health-check deal
With the trend in high interest rates having forced endowment products to fade from the market, American International Assurance Co Ltd (AIA) has revised its sales approach, shifting its focus from the product itself to customers' needs.
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SECOND-QUARTER EARNINGS
Recalcitrant units delay TPI results
Piti says management teams at five subsidiaries are refusing to hand over their financial results
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Forth to fund new projects via IPO
Forth Corp Plc will sell 93.9 million shares in an initial public offering (IPO) to finance five projects worth Bt500 million and to pay off part of its debts.
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IN BRIEF
Siam Mitsui expands Thai operation with a Bt9.7-billion PTA factory
Siam Mitsui PTA Co Ltd, one of the world's major producers of purified terephthalic acid (PTA), has expanded its Thai operations by opening a Bt9.7-billion third plant in the Hemaraj Eastern Industrial Estate in Map Ta Phut to cater to the growing demand for PTA in the textile industry.
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Banyan Tree announces global expansion plan
Hotel and resort chain, Banyan Tree, has announced a global expansion programme over the next three years, with plans to build 14 new hotels and seven "Angsana" resorts in the Middle East, Central America, Europe, Africa and Asia.
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IMT-GT needs special privileges
Malaysia's Joint Business Council has proposed that the Indonesia, Malaysia and Thailand Growth Triangle (IMT-GT) subregion be turned into a special development zone, similar to a free-trade area, for the years 2007-12, Bernama News Agency reported.
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SME road show to boost exports
Caretaker Deputy Prime Minister Somkid Jatusripitak will conduct a business road show in France, Italy, Germany, the United Kingdom and Japan as part of the Commerce Ministry's effort to promote small and me-dium-sized enterprises in potential export markets.
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GREATER BANGKOK
Housing starts fall in first half
Smaller players with lower margins may suspend projects or pull out: Plus Property
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LATE NEWS
Most producers to be asked to freeze prices at factory door for 'months'
The Commerce Ministry will today meet with 170 manufacturers to seek more cooperation in extending the price-control programme.
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Thanong to push KL on auto market
Caretaker Finance Minister Thanong Bidaya is seeking to convince Malaysia to open up its auto market, and negotiate an extended fishing concession with Indonesia at the upcoming Asean Free-Trade Area (Afta) council meeting.
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Asean central to Japan's auto expansion
Southeast Asian countries are the key to Japanese carmakers' plans to secure a larger share of the global market using an integrated system encompassing development, production and distribution in the main markets in Asean.
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True Move may move clients to new firm
True Corp Plc plans to transfer customers from its True Move mobile-phone service unit to its subsidiary Samutprakan Media Corp Co Ltd if the latter wins a cellular licence from the national telecom regulator.
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US chicken exports drowning VN domestic poultry
Cheap American chicken pieces flooding the Vietnamese market have managed to grab a 30-40-per-cent share in Ho Chi Minh City.
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CHAROEN POKPHAND FOODS
Bird flu barely pecks at sales
Business has fallen slightly in Phichit, Nakhon Phanom, thrives in capital
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Oil firms face Bt10-bn losses
Oil retailers in Thailand could post a combined loss of Bt9 billion-Bt10 billion this year due to the decrease in marketing fees and lower demand, said Bangchak Petroleum president Anusorn Sangnimnuan.
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STREET WISE
A question of red and yellow
Around the world, new beers, wines and spirits are constantly being launched to entice drinkers.
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Nominees put wind up foreign firms
Thailand Securities Depository (TSD) president Sopawadee Lertmanaschai has blamed the absence of laws governing the disclosure of local shareholder nominees for low corporate governance scores given by foreign investors.
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Toshiba pledges 'T-Chang' eco-friendly products
Toshiba Thailand Co Ltd is for the first time spreading the word to consumers that it takes energy-saving and environmentally friendly features in its products seriously.
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