COUP FALLOUT
Credit ratings on watch
S&P, Fitch see negative impact; Moody's plays things down
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STREET WISE
Street reaction 'just a joke'?
It was quite a show when CNN broadcast a Bangkok street scene that showed city people wearing broad smiles while posing for photographs with Army tanks.
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No new projects likely at NTC for now
The national telecommunications regulator might suspend developing new policies, pending directions from the Administrative Reform Council, which was set up after the coup on Tuesday.
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US still keen on FTA talks
The coup's impact on negotiations for a free-trade agreement with the United States are not immediately clear, but Washington still hopes to secure a pact when democracy is restored, a top US trade official said yesterday.
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LATE NEWS
Saudis to build Phang Nga reso
Kingdom Hotel Investments (KHI), of which Saudi Arabia's HRH Prince Alwaleed Bin Talal is chairman, has signed an agreement to acquire land to develop a US$115-million (Bt4.34 billion) complex in Phang Nga, including a first-class resort and residences.
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Banks on ratings watch
Fitch Ratings yesterday placed the ratings of seven major Thai banks on "Rating Watch Negative", following a similar action on Thailand's sovereign rating.
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Tapioca yields grow as prices start rising
Thailand's cassava production is forecast to grow 12 per cent, to 25.3 million tonnes next year, thanks to a good growing environment and farmers adding crops to take advantage of higher prices.
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Suspension of Kularb Kaew likely
Tuesday's coup automatically ends the Commerce Ministry investigative committee's probe into whether Kularb Kaew and other companies were proxies for Singapore-based Temasek Holdings, according to a high-level ministry official.
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Local retailers bank on protection from new govt
Local retailers believe the soon-to-be appointed government will draw up protective measures for small players and that it will suspend expansion plans of hypermarket chains.
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Suspension of Kularb Kaew likely
Tuesday's coup automatically ends the Commerce Ministry investigative committee's probe into whether Kularb Kaew and other companies were proxies for Singapore-based Temasek Holdings, according to a high-level ministry official.
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Coup forces organisers to postpone activities
Danish businesswoman Camilla Deichmann was looking forward to holding a fun-filled event today, opening her new Evita Peroni outlet for women's accessories.
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TRAVEL FALLOUT
Coup sends tourists scurrying back home
Hotels report that occupancy rates plunge overnight, yet AOT says Suvarnabhumi will open on time
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BAY merger in doubt after ouster
As the world learned of Tuesday night's coup, the Bank of Ayudhya (BAY) was unsure whether its merger with GE Money Retail Bank would be affected, Krit Ratanarak, chief executive officer of the bank, said yesterday,
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TRADING DEBUT
BMCL unfazed by coup
Subway operator to allow listing despite fears of a market slide
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IN BRIEF
hat yai blasts
CAT Telecom expects international call traffic to fall as tourism declines
CAT Telecom Plc expects a temporary decline in international calls as a result of the bomb blasts in Hat Yai as the number of tourists, particularly those from Singapore and Malaysia, is expected to fall in the South.
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Health & beauty show already 90% booked
More than 90 per cent of the exhibition area has already been booked for the Thailand Health and Beauty Show 2006 scheduled for November.
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Bidding for Indonesian rice imports postponed
Indonesia's State Logistics Agency postponed bidding for rice imports this week, following a revision of both port destinations and the country's rice-import quotas.
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New products to bolster Foremost's share of UHT market
Friesland Food Foremost (Thailand) Plc has set aside Bt80 million for marketing its new brand of non-fat yoghurt and UHT milk: Foremost Calcimex Beautiva.
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