SCB decision on Cedar depends on ministry panel's findings
Siam Commercial Bank (SCB) chairman Vichit Surapongchai yesterday said the bank's decision on its investment in Cedar Holdings would be based on the findings of the Commerce Ministry's investigative committee, chaired by deputy permanent secretary Yanyong Phuangrach.
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Foreign reserves hit all-time high
Thailand's foreign reserves hit a new high on September 8, when they totalled US$60.1 billion (Bt2.24 trillion).
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Yai Thai to spread wings overseas
Yai Thai Restaurant, the oldest and most successful Thai restaurant in Australia, aims to take its cuisine international by inviting franchisees to expand its business in Australia and other countries.
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Singha boss enters noodle business
Santi Bhirombhakdi, president of Singha Corp, has entered into a joint venture with local restaurant operator Gastronome and Japan's YS Food Co Ltd to set up a Japanese ramen restaurant business in Thailand.
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Jetstar expects fast growth in Thai business
Jetstar Airways, Australia's budget carrier, has forecast that its Thai market will grow threefold within the next three years, with its annual passenger numbers reaching 540,000.
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Late news :London urges caution on retail
The British Embassy's trade and investment official yesterday urged the government to think carefully before proceeding with measures to control retail business expansion, which affects the British company Tesco among others.
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BOT tries to soothe concerns over NPLs
The Bank of Thailand (BOT) yesterday tried to soothe jitters over the sharp increase in second-quarter non-performing loans (NPLs) by saying the stringent classification of loans was the main cause for the rise.
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In Brief :Sign-maker extravaganza looms
Leading sign-makers and advertising agencies in Thailand and abroad have confirmed that they will participate in Sign Asia Expo 2006 at Impact Exhibition Centre Muang Thong Thani September 28-October 1.
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ADB's Bt6.5-billion bond issue sells out
The Asian Development Bank (ADB) said yesterday that its Bt6.5-billion bond issue in Thailand had been fully subscribed.
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TOT to modernise
TOT Plc has clinched a five-year deal from the Local Administration Department to modernise its information and communications technology network.
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TFEX taps pros to boost trading
The Thailand Futures Exchange (TFEX) has appointed its first three market makers in a bid to increase liquidity.
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Health drink in direct-marketing debut
FreeLife International, one of the fastest-growing multilevel direct-sales companies in the US, will today officially launch its operations in Thailand.
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Govt henpecks EU on its chicken quota
Thai delegates are negotiating with European Union officials in Geneva for a special import quota that takes into account annual 25-per-cent growth in chicken exports under a World Trade Organisation agreement.
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