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Wed, September 6, 2006 : Last updated 20:10 pm (Thai local time)



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POLITICAL TURMOIL

Fitch warns over effects on growth

Outlook at risk if crisis drags on: agency




IPP bids no longer need recyclable energy proposals

Energy companies joining the next round of independent power producer (IPP) bidding are no longer required to include a proposal to produce energy from recyclable materials, as such energy will be bought from small producers instead.





TDRI moots fund to support the 'victims' of free-trade pacts

The Thailand Development Research Institute (TDRI) has proposed that the government collect an adjustment fund from the beneficiaries of free-trade agreements in order to compensate those who suffer in the early stages of their implementation.



Jarad to launch new plan

Jewellery Advance Research and Development (Jarad) will soon launch its second development plan for the gems industry in a bid to boost average export growth by 15-20 per cent per year.

LATE NEWS

SEC wants fines for manipulators

Because the courts have taken so long to resolve recent stock manipulation cases and because so many of the accused have escaped serious charges, the Securities Exchange Commission (SEC) is planning to recommend a civil-fine law.



TAT gets consultant

The board of the Tourism Authority of Thailand (TAT) yesterday appointed governor Juthamas Siriwan as a state agency consultant until the end of her term next month.



Krabi plans Bt1-bn marina projects

Krabi is planning to invest about Bt1 billion to build three marinas serving 1,000 yachts by 2008, the president of the Krabi Tourist Association said yesterday.



Siam Square now the most pricey

Siam Square has beaten Yaowarat to become the most expensive area in Bangkok in terms of land prices due to the opening of two major shopping complexes - Siam Paragon and CentralWorld.



Developer throws caution to the Wind

Luxury high-rise condominium developer Major Development Plc has launched the "Wind" brand for a series of new compact-sized condominium projects targeting young customers aged between 28 and 35.



Govt gets high prices in rice bid

The Commerce Ministry enjoyed high bidding for rice yesterday as exporters faced good demand to facilitate their shipments and serve domestic demand.



KAsset to offer all types of mutual funds

As competition in the mutual fund business heats up, Kasikorn Asset Management aims to maintain its position as the country's biggest by becoming a one-stop service.



AIS's 1-2 Call woos teenagers with heartthrob singer Lydia

Leading cellular operator Advanced Info Service Plc is cashing in on celebrity status to boost its service brands.

BANK DEPOSITS

Interest rate has turned positive: BOT

Lower inflation, rate hikes by banks cited

IN BRIEF

AOT meets on Don Muang's future

Airports of Thailand Plc (AOT) will hold a meeting next Wednesday to sign off on the operational plans for Don Muang airport after the opening of Suvarnabhumi Airport.



Four-year development plan to boost SME exports

The Export Promotion Department has drawn up a development plan to increase the ratio of small and medium-sized enterprises' contribution to national exports from the current 30 per cent to 35-40 per cent by 2010.



Noodle sellers serve as DTAC top-up agents

Total Access Communications (DTAC) has teamed up with well-known noodle franchise Chai See Ba Mee Kiew to enlist the latter's vendors as agents for its wireless airtime top-up service Happy Online.

STARWOOD EXPANSION

5 new hotels in Kingdom

Group remains upbeat about Thai tourism potential



KrungsriAyudhya cancels more cards

KrungsriAyudhya Card has been cancelling more than 100 credit cards per month because of the rising number of late payments, a symptom of the country's economic slowdown, managing director Sukdee Chongmankhong said yesterday.



Daidomon Group, Hot Pot warm to cross-holding partnership idea

Daidomon Group Plc, a barbecue restaurant chain, is negotiating with the Hot Pot sukiyaki chain to form a cross-holding partnership.

LISTING CRITERIA

SET gives Dragon One until July

Failure to meet regulations would result in delisting, firm told

STREET WISE

SEC's delicate fence-straddling

Following a petition by consumer groups against the privatisation of PTT, nobody has a clear idea about what the Supreme Administrative Court will do with it, including Securities and Exchange Commission secretary-general Thirachai Phuvanatnaranubala.



Makro hits dead-end

Wholesale retailer Siam Makro is finding it difficult to expand its outlets in Thailand following strict zoning regulations to ban large retail complexes in city areas, as it cannot change its format in the same way as its competitors, particularly Tesco Lotus.






Top Stories



Green tea : Oishi reduces production

BangChak launches biodiesel initiative

Tesco Lotus to press on with expansion

Bombings 'will not hit economy'

To the winners go the spoils - others miss out


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