JAPANESE FIRMS

Business sentiment still subdued in Asean

Jetro survey negative for 10th straight month
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Akebono to construct brake plant

Akebono Brake Industry Co Ltd plans to invest 2 billion yen (Bt639 million) in a disc-brake manufacturing plant in Thailand at Amata Nakorn Industrial Estate in Chon Buri province.
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Siam Cement wins awards

Siam Cement Plc walked away with five out of a total of nine awards at yesterday's fifth Thailand Corporate Excellence Awards.
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Late News :MK Real Estate to start two projects

MK Real Estate Development Plc, expecting a housing market recovery, will launch two residential projects in Bangkok worth a total of Bt1.37 billion next quarter.
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VoIP service SoodSood to expand its offerings

SawasdeeShop is launching value-added services to its SoodSood Internet calling service and hopes the move will boost its subscriber ranks to one million next year from around 10,000 at present.
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Global property investment booms

Jones Lang LaSalle's latest global property report - "Record Volumes, Record Globalisation" - shows direct real-estate investment of US$290 billion (Bt10.9 trillion) in the first half of the year, 15 per cent or $43 billion of it invested in the Asia-Pacific region.
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CELL-PHONE BUSINESS

TOT looks to take over 3G spectrum

Telecom regulator approves transfer of joint-owned bandwidth to CAT
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Finance Ministry upbeat on 2007 GDP

Gross domestic product (GDP) growth next year will be higher than expected at more than 4 per cent, although consumers and investors remain worried about economic prospects, which resulted in lower growth in consumption and private investment last month, the Finance Ministry said yesterday.
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Certification three months away

The Department of Civil Aviation (DCA) expects to grant a permanent aerodrome certificate to Suvarnabhumi Airport within the next three months.
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Nesac to propose framework for three rail projects

The National Economic and Social Advisory Council (Nesac) is preparing to propose a framework for the bidding terms of reference for the capital's three rail projects to the Council for Democratic Reform (CDR) and the next government, its chairman Gothom Arya said yesterday.
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Game channel to debut on UBC

UBC TV will begin airing Thailand's first 24-hour game channel on October 1, capitalising on a change in lifestyles and the robust growth of the computer-game industry.
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EU tells food exporters to overhaul misleading labelling

The European Union (EU) yesterday told processed-food producers to ensure that nutrition and health claims on their labels meet regulations which will be implemented next year if they want to avoid having their exports rejected.
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STREET WISE

Sleeping with the jetliners

I hope it's not too late to say Sawasdee to our new airport, Suvarnabhumi, and it would be remiss not to say farewell to Don Muang Airport which ended 92 years of service on Wednesday.
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Men to take control of their skin with CTRL

Following the growing trend of modern men lavishing greater care on their appearance, local consumer-products manufacturer Bio Consumer Co Ltd has launched a new range of personal-care products under the CTRL brand, to cater for young appearance-conscious men.
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IN BRIEF

Building materials :Bathmall speciality store launched

The Saha Sin Thai Group, a construction materials distributor, has launched Bathmall, a large Bangkok speciality store providing one-stop service according to international standards.
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BUSINESS OPINION

Do Thai banks practise what they preach on lending?

Several local institutions, especially those acquired by foreign banks, now separate credit analysis and approval from customer relations
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STOCK FOCUS

Amata Corp Plc

Capital Nomura Securities has upgraded its recommendation on Amata Corp's stock from "sell" to "reduce", despite the company having cut its 2006 land sales target for the third time in three weeks to 750 rai from 1,000 rai.
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KTB to build up its payment service

Krung Thai Bank (KTB) hopes to become the country's top bank in terms of payment services in the next few years by targeting state agencies.
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CAPITAL OK

New shareholding structure

The flotation of new capital-increase shares by financial-services provider Capital OK, a joint venture between Shin Corp Ltd and Singapore's DBS Bank, saw Shin's stake rise from 60 per cent to 75.31 per cent, while DBS's share dropped from 40 per cent to 24.69 per cent.
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