FURNITURE
Local focus for Mobilia
Tough global competition forces manufacturer to change strategy
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BangChak launches biodiesel initiative
Local refiner Bangchak Petroleum Plc yesterday launched a project to buy used vegetable oil as raw material for its biodiesel plant and called for a clear government policy on alternative fuels.
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NESDB downbeat on growth
The economy grew by 4.9 per cent in the second quarter and expansion is expected to slow over the rest of the year, the National Economic and Social Development Board (NESDB) said in its quarterly economic report released yesterday.
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Populist plan for home-buyers
Caretaker Deputy Finance Minister Chaiyot Sasomsub yesterday promised another populist policy by unveiling the ministry's plan to offer home-buyers a fixed loan rate and to set up a mortgage-insurance company to assist low earners.
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Chaos reigns as numbers change
The upgrading of mobile-telephone numbers to 10 digits, which began last week, is fraught with chaos, ranging from lost phone numbers to cellular operators accusing competitors of taking advantage of the upgrade to offer promotions to others' customers.
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SET rejects claim of funds scam
The Stock Exchange of Thailand yesterday dismissed a report in a local newspaper that private funds were being used as an instrument to conceal stock trading transactions by many families of politicians and prominent businessmen.
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Personality :French cuisine on menu for ex-designer
For Bhoranon Kamonsawedkun, chief executive of the Fabb Group of Companies, food is as much art as fashion design.
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Late News :Protect your pigs from diseases, breeders' association tells farmers
The Swine Raisers' Association of Thailand warned yesterday that farmers should protect their pigs from foot-and-mouth diseases and Porcine Reproductive and Respiratory Syndrome (PRRS) due to lack of vaccine.
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TODAY'S AUCTION
Somkid calls for high rice bids
Urges exporters to avoid collusive bidding, wants traders to create a strong brand
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Earnings forecast slashed
Siam City Securities has lowered its forecast of listed companies' earnings growth this year from 5 per cent to a negative 8 per cent.
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SET promoting long-term funds
The Stock Exchange of Thailand (SET) has launched a marketing campaign to promote long-term investment funds (LTFs) as a pilot project to boost institutional investors' trading ratio.
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New tourism chief to focus on penetrating fresh markets
The Tourism Authority of Thailand's new governor, Juthaporn Rerngronasa, plans to emphasise the penetration of new markets and cooperation with international tourism operators to broaden awareness of the country around the world.
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SET has many questions for BNT
The Stock Exchange of Thailand has asked radio, television and movie production company BNT Entertainment Plc (BNT) to clarify a Bt61.4-million loss recorded in its second-quarter earnings as impairment of Navadis.
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In Brief :Loans for 'safe food' farmers
The Livestock Development Department is to seek Cabinet approval for loans to farmers totalling more than Bt521.55 million. More than 73 farmers will benefit from the loans, to be made under the department's "food safety loan programme" which aims to upgrade production to meet healthy food requirements.
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Philips forms new firm for semiconductors
Royal Philips Electronics NV, the major manufacturer of electronic products, is setting up a new company to separate its semiconductor department from its core businesses.
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Japan pact awaits new leadership
Expected political changes in both the Thai and Japanese governments will not affect the Japan-Thailand Economic Partnership Agreement (Jtepa), the draft of which
was agreed upon in April, academics and the Thai ambassador to Tokyo said yesterday.
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Two jailed in KMC stock fraud case
After 13 years of litigation, two of 14 individuals implicated in the manipulation of share prices in Krisdamahanakorn Plc (KMC) have been convicted by the Southern Bangkok Criminal Court, leaving the company's founder, Vichai Krisdathanont, and big-time investor Song Watcharasriroj off the hook.
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Deep South 'needs special zone status'
A joint private committee yesterday proposed that the government turn the three southernmost provinces into a special economic zone in order to keep investors in the area, which has been plagued by bombings and more than 1,700 killings since early 2004.
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