TELECOMMUNICATIONS
Institute approved to settle disputes
Agency will arbitrate for operators and provide training to staff
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STREET WISE
Mom and pop rejoice, we cry
To small shop-owners nationwide, the Thai Rak Thai government must seem like God coming down to Earth to save His suffering subjects.
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Some banks under pressure to comply with IAS
Some commercial banks are under pressure to increase reserve requirements to comply with the International Accounting Standard (IAS) 39, a new reserve provision standard expected to be adopted fully in 2008.
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Hundreds of retailers to protest at ministry
More than 1,000 small retailers from many parts of the country will march to the Commerce Ministry in Bangkok next Wednesday to voice anger at their "collapsing businesses" because of the rapid expansion of large retail firms.
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SHIN CONTROVERSY
SET repeats 'no action' to be taken
Bourse will await Commerce findings
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Taxis will pick you up at airport's first floor
Metered taxis will now be allowed to pick up arriving passengers at Suvarnabhumi's Passenger Terminal Building, following a meeting of the Airports of Thailand (AOT).
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Cargo: the Kingdom can now take on S'pore, HK
Thailand can now compete more effectively with Singapore and Hong Kong for air-cargo handling and a customs-free-zone for global supply chain management, an executive at the new airport said yesterday.
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Spawning business opportunities
The new airport is expected to create a host of openings in logistics and
related businesses that have previously gone to other Asean cities
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Demand for apartments spurs condo owners to seek tenants
Following high demand but short supply for regular and serviced apartments, new condominiums bought for investment purposes are now being put up for rent, say research results announced by property agents Jones Lang LaSalle and CB Richard Ellis yesterday.
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Ericsson is bullish on Cambodia
Swedish telecom company Ericsson is upbeat about its business growth in Cambodia, thanks to the forecast growth of mobile-phone subscribers and the availability of third-generation (3G) licences.
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Bangkok Airways will fly to Maldives, VN, Fukuoka
Bangkok Airways plans to revive its Bangkok-Maldives flights at the end of November after terminating the route almost two years due to the tourism slump after the 2004 tsunami, which devastated the island nation.
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Samet goes upmarket
The opening of the luxury Paradee Resort and upgrades planned for three other resorts are repositioning Koh Samet as an upscale leisure destination.
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IN BRIEF
Property and real estate
MIPIM Asia exhibition to be held in Hong Kong from September 27-29
French firm Marche International des Professionnels de l'Immobilier (International Market for Property Professionals - or MIPIM) will hold MIPIM Asia from September 27-29 at the Hong Kong Convention and Exhibition Centre.
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SCBQ plans to double managed assets to Bt3 bn
SCB Quant Asset Management Co Ltd plans to launch 30 derivatives-linked products in the last quarter of this year, aiming to double the assets under its management from the current Bt1.45 billion to Bt3 billion at the end of the year.
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Areeya scaling back
Areeya Property Plc has suspended its expansion plans this year, due to the continuing political uncertainty.
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Fewer credit-card holders settle monthly bills
More credit-card holders are changing their repayment behaviour from settling the full monthly bill to partial repayment, indicating that the economic situation is affecting their ability to service their debts, according to the Kasikorn Research Centre.
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Seminar designed to 'create value'
Businessmen should learn to combine creativity and business management, in order to establish a "value creation" economy that would enhance Thailand's competitiveness and help the Kingdom generate consistent economic growth, instead of focusing on simply adding value, says the Thailand Creative and Design Centre (TCDC).
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REDUCED DEMAND
PEA cuts its revenue forecast
Energy-saving campaign main culprit
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Local marketer starts event-organising firm
After 10 years working for multinational companies in the fast-paced world of consumer products, health and personal care, Chris Chamsobhon yesterday announced she is striding out on her own and has set up an agency organising conferences and seminars.
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State firms' investments approved
The Cabinet yesterday approved capital spending for state enterprises at a combined worth of Bt498 billion for fiscal 2007, said Ampon Kittiampon, secretary-general of state think-tank the National Economic and Social Development Board (NESDB).
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Finland is a pioneer in the use of clean energy, biofuels
To reduce their dependence on imported oil, energy companies in Finland have found alternative sources of energy by combining local resources with new technology.
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Retail investors may not buy up BMCL offering
Retail investors might not subscribe to their full allocation of 1.76 million initial public offering (IPO) shares in subway operator Bangkok Metro Plc (BMCL), a source close to the deal said yesterday.
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BBL not looking for a Chinese partner, says Kosit
Bangkok Bank (BBL) will focus on branch expansion only, holding off from forming partnerships with Chinese banks, executive chairman Kosit Panpiemras has said.
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