Krirk-krai confirms his Cabinet offer
Former Commerce Ministry permanent secretary Krirk-krai Jirapaet yesterday confirmed he had been approached to assume a Cabinet portfolio in interim Prime Minister Surayud Chulanont's government.
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IMF sees rosier year ahead for nation's economy
The International Monetary Fund (IMF) has forecast that Thailand's inflation next year should be under control at 2.5 per cent, due to the easing pressure from rising oil prices and interest rates, says an IMF official.
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Ministry to issue Bt6 bn in savings bonds
The Finance Ministry plans to start selling Bt6 billion worth of three-year savings bonds this month to finance the losses of the central bank's Financial Institutions Development Fund (FIDF).
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PROFITABILITY MOVE
Tbank to revamp deposit portfolio
Thanachart Bank (Tbank) plans to restructure its deposit portfolio in a bid to increase its net interest income (NIM) to 3 per cent by the end of the year, according to senior executive vice president Bundit Cheevadhanarak.
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Minor eyes jump in franchise revenues
Minor Food Group has targeted revenues from its franchised branches of The Pizza Company and Swensen's to jump from Bt830 million this year to Bt1.2 billion next year, based on the expansion of franchises to 110 outlets across the country.
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FRIDAY BUG
MPC members scarce
Storms have ravaged East Asia, making people in inundated areas struggle and those working in air-conditioned rooms feel a bit chilly, but the members of the Bank of Thailand's Monetary Policy Committee are likely to suffer frostbite.
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SHAREHOLDER PROTECTION
SET chief: No political interference in bourse
Vijit says stock exchange has its own rules in place to support operations
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NTC awards two new telecom licences
The board of the National Telecommunications Commission (NTC) yesterday awarded Internet service provider CS Loxinfo Plc a licence to operate an international Internet gateway service.
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Solartron to push solar roofs
Solartron Plc, an assembler of solar modules from solar cells, has introduced solar rooftops for residential premises, to maintain its targeted revenue of Bt1.3 billion this year, says CEO and managing director Wandee Khunchornyakong.
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Siam Motors revamps for export focus
The Siam Motors Group, a manufacturer and distributor of auto parts and fork-lift trucks, said yesterday its revenue would grow 15 per cent this year after successful business restructuring to focus more on exports.
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Exporters shrug off dumping levy
Despite facing anti-dumping charges in the European Union, Thai exporters of plastic bags feel confident they can still compete against major rival China as its products are subject to a higher levy in that key market.
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LATE NEWS
TCC decries air-cargo delays
The Thai Chamber of Commerce (TCC) estimates that delayed clearings inside Suvarnabhumi Airport's free zone have caused more than Bt100 million in damages.
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Thai Samsung forecasts strong growth
Thai Samsung Electronics Co Ltd predicts that its information technology unit will grow 30 per cent next year, compared to the expected industry growth of 15 per cent.
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ETHANOL PLANTS
Govt scraps licensing for factories
Supplies short for switch to gasohol
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IN BRIEF
Agriculture: Maize prices soar as supplies dwindle
Maize growers are enjoying higher prices, due to supply reductions after farmers abandoned the crop to grow more cassava and sugar cane as raw materials for ethanol production.
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Electricity rates cut for next 4 months
The Electricity Regulatory Board yesterday approved a 2.06-per-cent reduction in the price of electricity during the four-month period from this month to next January.
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Big C unveils cool-season garments in its growing line of house brands
In response to what it claims is strong consumer demand, Big C Supercentre is launching an "Only @ Big C" winter collection of high-quality, affordable house-brand garments.
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Stiebel water-heater sales steaming
German-based Stiebel Eltron Asia Co Ltd, a global leader in water-heating appliances, expects to be No 1 in the Thai market in the next three to five years, says managing director Roland Hoehn.
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EXPORTS
Shipments to Japan likely to miss target
Commerce Ministry blames stiff competition
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STREET WISE
Silence may not be best strategy
It is no great surprise that executives of Singapore's Temasek Holdings didn't comment on yesterday's decision by the Supreme Administrative Court to accept a petition seeking to have the licences of three Shin Corp subsidiaries revoked.
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Court's decision may cause foreign investors to shun Shin group stocks
Foreign stock investors are expected to avoid investing in Shin Corp Plc following the decision of the Supreme Administrative Court to hear a case against the telecom giant for alleged violations of foreign-ownership rules.
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