CAR LEASING
Kcar eyeing bright future
Profits up as firm boosts corporate client base
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Food joint venture to be an instant major exporter
A new Thai-Japanese joint venture, K&U Enterprise Co Ltd (KUE), plans to export 70 per cent of its production of frozen-food products to the Japanese market, says president Tetsuo Matsumoto.
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SET seeks details from Dragon One
The Stock Exchange of Thailand has instructed Dragon One Plc to clarify its capital-increase plan involving private placement and warrants under its employee stock option programme (ESOP).
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BankThai dips into net loss for second quarter
BankThai's reviewed second-quarter bottom line swung back to a net loss of Bt1.39 billion from Bt106.76 million in net profit in the same quarter last year. The reversal was due mainly to impairment in yield maintenance income.
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SRT revamp on the cards
After failing to help the State Railway of Thailand (SRT) clear its Bt42-billion debt, the Transport Ministry has asked the Finance Ministry to assist in formulating a reorganisation plan for the beleaguered railway authority with a deadline of September 6.
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IN BRIEF
low-cost carrier
Newcomer Asmara Airlines to
bring in more Malaysian visitors
Thailand hopes next month's launch of Malaysia's new low-cost carrier, Asmara Airlines, will boost its target of attracting 1.6 million Malaysian tourists next year, reported the Bernama News Agency.
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Asean agrees action plan for farm, industrial sectors
Asean member countries have agreed on an action plan for the 2007-2011 period to modernise the agriculture sector and improve industrial production as the region moves towards a knowledge-based economy, the Vietnam News Agency reported yesterday from Kuala Lumpur.
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True teams up with Villa
True Corp Plc is to promote supermarket chain operator Villa Market's products on its
e-commerce website and through its mobile-phone channels.
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TOT, CAT fail to reach deal
TOT Plc and CAT Telecom Plc have failed to conclude a deal that would pave the way for TOT to buy CAT's stake in their joint-venture cellular operator, Thai Mobile, because of a disagreement over the share price.
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Indonesia to end fishing co-op with Thailand
Indonesia's Maritime Affairs and Fisheries Ministry will stop licensed fishing cooperation with China and Thailand in Indonesian waters.
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New company an instant major exporter
A new Thai-Japanese joint venture, K&U Enterprise Co Ltd (KUE), plans to export 70 per cent of its production of frozen-food products to the Japanese market, says president Tetsuo Matsumoto.
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Inspectors to help stop rice fraud
The Commerce Ministry recently set up a special team to inspect rice inventories in a bid to prevent fraud in the government's rice-pledging programme.
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CHICKEN EXPORTS
Firms seek a better tax deal from EU
Government will send a delegation to Europe to plead Thailand's case
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STREET WISE
You've (not) got mail!
With e-mail being so widely used these days, it always seems odd when someone presents a name card without an e-mail address on it.
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Twin deficits on tap for the coming year
Thailand may be forced to have twin budget and current account deficits next year because government revenue is expected to be lower at the same time as a need arises for increased state investment.
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True wants level field for 3G race
The national telecom regulator should eliminate discrepancies between existing telecom operators and newcomers before awarding wireless-broadband third-generation (3G) licences, True Corp Plc vice chairman Athueck Asvanund said yesterday.
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Car-sales growth slows to only 2%
Domestic car sales are likely to grow by just 2 per cent this year due to the political turmoil and economic slowdown which has discouraged consumers from buying new cars, said Ninnart Chaiteerapinyo, chairman of the automobile club at the Federation of Thai Industries (FTI).
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Indian-style shopping centre in the works
The Sachdev family expects to invest Bt2.4 billion between this year and next to build Thailand's first Indian-style department store and a five-star, 300-room hotel in Bangkok.
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Twin deficits on tap for the coming year
Thailand may be forced to have twin budget and current account deficits next year because government revenue is expected to be lower at the same time as a need arises for increased state investment.
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