Ascon to jointly bid for 3 rail projects
Ascon Construction Plc is ready to submit a joint bid to build three new mass-transit electric rail lines, having successfully found three new partners from China, Germany and Japan, company president Pattanapong Tanumathaya said yesterday.
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STREET WISE
It's often easier said than done
Penetrating new markets has never been easy. So it's not surprising that chicken exporters were frustrated by the Export Promotion Department's recommendation they try to enter new markets, especially now that the European Union is levying heavier duties on Thai chicken.
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CURRENCY'S STRENGTH
Top officials see eye to eye over baht
Bank of Thailand Governor MR Pridiyathorn Devakula said yesterday he agreed with caretaker Finance Minister Thanong Bidaya's forecast that the baht would be around Bt37.50 to the dollar by the end of the year.
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PTTEP to lead hunt for energy abroad
PTT Exploration and Production Plc will spearhead Thailand's search for energy sources in the Middle East and Africa, mainly through share swaps with foreign partners.
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RS expands into event marketing
Television production company and media provider RS Plc has announced a move into event marketing.
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KULARB KAEW PROBE
Committee casts its net far wider
Holding companies also under scrutiny
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Natural Park says IPO sale will be difficult
Natural Park Plc (NPARK) has reached a preliminary agreement with Mahasiri Siam to purchase 245.86 million shares in Bangkok Metro Plc (BMCL) at the initial public offering (IPO) price after estimating that the price would tend to be lower than Bt1.52 each.
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BAY gears up for aggressive year
Bank of Ayudhya (BAY) will begin to aggressively push its retail financial business starting next year, after the acquisition deal with GE International Holdings Corporation (GECIH) is complete, its first senior executive vice president, Charlotte Donavanik, said yesterday.
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NPLs decline by 17% in 12 months
Financial institutions enjoyed a 17-per-cent decline in their non-performing loans (NPLs) in July, a result of banks' attempts to clean up their balance sheets.
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IN BRIEF
RAGNAROK RIGHTS
Gravity Co reaps online rewards Online game developer and publisher Gravity Co Ltd has signed memoranda of understanding to license companies in Japan, Taiwan, Thailand, the Philippines and Brazil to operate Ragnarok Online 2.
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LATE NEWS
Brunei delegation visits hospitals, research centres
A delegation from Brunei recently arrived in Bangkok to visit hospitals and medical research institutions in connection with a Foreign Ministry plan to promote medical tourism.
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PTT execs say more buyouts in the pipeline
The PTT Group's spending to acquire oil fields, refineries, petrochemical plants and other businesses has totalled Bt55.7 billion over the past few years and the assets it has acquired are now contributing 12 per cent of the group's total net profits, company executives said yesterday.
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Topwell Electronics displays plenty of ambition
Topwell Electronics Co Ltd, a local provider of LED (light-emitting diode) displays, has formally launched its products with the aim of installing five displays generating Bt150 million by the end of the year and bringing in both local and international ad and media agencies as customers.
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Association on the cards at Media Agency Club
The Media Agency Club (MAC), which has about 20 members, expects to form an association by the end of the year. The aim is to act as a centre for agencies and media operators and enhance their longer-term business potential.
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TAT event targets the Mice market
The Tourism Authority of Thailand (TAT) and private bodies are planning to hold a "Table Top Sales Trade" event in Krabi for three days from September 1, to promote the meetings, incentives, convention and exhibition (Mice) segment of the tourism industry in the southern provinces over the remaining months of the low season.
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Colourful printers
Canon Marketing (Thailand) yesterday unveiled five imagePROGRAF large-format printers, complete with what it dubs the Canon Real Colours concept for exceptional reproduction.
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INTERNET GATEWAYS
Worry over opening up IIG market
Smaller ISPs say move could allow private monopoly
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LG aims to travel to the top with Time Machine TV
LG Electronics Co Ltd has launched its Time Machine TV set in Thailand in a bid to increase its share of the plasma television market from 25 per cent to 30 per cent.
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