TOT-CAT CONSOLIDATION
Networks run by new firm
Company 'to be created to oversee merged operations'
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LATE NEWS
Bangchak plant delayed one year
Bangchak Petroleum Plc has pushed back the completion date for a new biodiesel plant it plans to build in Ayutthaya because the Cabinet has not yet approved the project. The new date will be in 2009 instead of 2008.
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Noble targets singles to buck trend
Noble Development looks set to avoid the slowdown in the housing market after booking strong pre-sales at its new condominium project on Sukhumvit Soi 36.
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Exim Bank plans to open overseas offices
The Export-Import Bank of Thailand plans to open offices in major markets overseas to facilitate trade and investment as well as to explore business opportunities.
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Domestic auto sales fail to reach growth targets
analysts have lowered the projected growth rate of domestic auto sales this year to 3 per cent from the previously estimated 5-8 per cent because of several negative factors, a leading maker of modified vehicles said yesterday.
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Cute Press to expand into retail sector
SSUP Bangkok 1991 Co Ltd will spend more than Bt45 million next year to open 30 new Cute Press retail shops throughout the country, in an effort to strengthen its retail network to complement conventional direct sales.
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Sony targets digital SLR market with new product launch
Sony Thai Co Ltd yesterday debuted its Alpha 100 sub-brand for digital single lens reflex cameras as a direct challenge to Canon and Nikon, which control over half of the D-SLR market here.
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Taiwanese suing Elite Card firm
Thailand Privilege Card Co Ltd (TPC), a quasi-state agency in charge of selling Thailand Elite Cards to wealthy tourists worldwide, is fighting a claim by a group of Taiwanese millionaires that the company took their money but failed to issue their cards.
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EU CHICKEN QUOTAS
Govt to send negotiators to Brussels
Team to ask for a bigger allowance of Thai poultry imports for this year
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Rabobank to close Bangkok office
Rabobank International yesterday said it was closing its 10-year-old representative office in Thailand due to limited activities.
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PHILLIP SECURITIES
Single account proves big hit
Phillip Securities (Thailand) Plc's single-account concept and simple online trading platform differentiate it from other brokerage houses, its managing director Suchai Suthasthamkul said yesterday.
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Rayong Refinery mulls loan refinancing plan
Rayong Refinery Plc (RRC) is studying a plan to issue debt to refinance its existing loans and reduce its financial burden, president Chainoi Puankosoom said yesterday.
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Honda to build Bt1.28-bn spare-parts plant in Kingdom
Honda Motor Co will build a Bt1.28 billion spare auto-parts plant in Thailand to strengthen its ability to respond quickly to demand in the rapidly growing Asian automobile markets.
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STREET WISE
Exim chairman an entertainer
Of all the well-known economic gurus, Narongchai Akrasanee can always command the public's attention, due to his extensive views that are usually accompanied by an amusing anecdote or two to support them.
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ANALYSIS
BOT will allow baht to maintain its strength
The Bank of Thailand (BOT) has vowed to allow the baht to remain strong against the US dollar in line with the market trend, but further intervention to stabilise the unit amid rising volatility could increase costs for the central bank.
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PTT links up with Japanese partners in petrochem JV
PTT Plc has enlisted two major Japanese partners to set up a US$400-million (Bt15 billion) petrochemical plant as part of its plan to become one of the world's top 100 companies within a decade.
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IN BRIEF
lpn development
FamilyMart to open stores at projects LPN Development Plc has joined hands with convenience-store chain FamilyMart to open branches in all LPN property projects, the developer's managing director Opas Sriprayak said yesterday.
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DTAC boss sees bright future for industry
The head of Total Access Communication (DTAC), the country's second-largest cellular operator, is confident of a brighter future for the sector, thanks to speedier market reform and a vast untapped upcountry market.
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