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Thu, October 12, 2006 : Last updated 20:46 pm (Thai local time)



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ANALYST FORECAST:

Floods to drain bottom lines

Agricultural concerns, retailers to take brunt of losses



EARNINGS FORECAST

Banks' Q3 profits to fall: brokerages

Capital Nomura sees higher corporate tax hitting bottom line



TAPA EXHIBITION

Auto exports tracking 35% growth

Nearly 350 manufacturers take part in this year's parts trade show

STREET WISE

High-so lineage and low-so eats

Always appearing in public in a suit and bow tie, MR Pridiyathorn Devakula has deceived the public that he must be living a life of luxury for suits are the normal costume for important functions with lavish food and entertainment.



Viroj ruling overturned by court

Former Krung Thai Bank (KTB) president Viroj Nualkhair is likely to have his record amended following a Central Administrative Court judge's comment yesterday that barring him from holding executive posts in financial and listed companies violated his personal rights. The comment suggested that any financial or listed company could hire him back on its board of directors.



Oil Fund contributions hiked to avert crisis

Motorists will see retail oil prices fall more slowly than global oil prices after the government starts collecting more contributions to the Oil Fund to help it pay off debts accumulated through the subsidy programme.

CHANGING THE RULES

Cabinet is likely to approve retail law

Large retailer calls for public hearings



Electrolux's new system

Swedish manufacturer Electrolux yesterday launched its new wet-cleaning laundry system called "Lagoon" and said it was confident the system would be a success here and throughout the world amid stricter global controls on using dry-cleaning chemicals.

LATE NEWS

Panel to address air-cargo fiasco

Newly appointed Deputy Prime Minister Kosit Panpiemras yesterday said he had set up a committee to solve the problem of cargo stuck at Suvarnabhumi Airport.



Kia may produce autos in Kingdom

Due to high import tariffs in Asean markets, Seoul-based Kia Motors Corp is planning to strengthen its market access by establishing a manufacturing plant in the region, with Thailand being a possible location.



Sitthichai's focus is on satellites

Information and Communications Technology Minister Sitthichai Pokai-udom has already shown a keen interest in the Thaicom satellite business, not least due to his satellite technology background.



Maker of axle shafts to up output

Somboon Advance Technology will spend Bt600 million on expanding its production line for axle shafts and developing technology to boost capacity and reduce costs.



Investors urged to get a foot in the door in China now

China is an attractive destination for Thai investors, with opportunities in a variety of sectors as well as strong economic expansion and rich natural resources, government officials and academics said yesterday.



Advertisers, marketers see brighter times ahead

The presidents of five associations in the fields of marketing and public relations say they expect a better business environment next year, led by the rise in business confidence following installation of the new interim government.



Electrolux's new system

Swedish manufacturer Electrolux yesterday launched its new wet-cleaning laundry system called "Lagoon" and said it was confident the system would be a success here and throughout the world amid stricter global controls on using dry-cleaning chemicals.

PUBLISHING BUSINESS

RS merges sales and marketing

To create 'synergies' by allowing staff to work on all publications



Astina to export to Indochina

Astina (Thailand), a producer, importer and distributor of home appliances, plans to export to the Indochinese market as part of an effort to boost sales by 10 per cent next year.



World Film Festival: good exposure for independent films

For cash-strapped movie-makers, a film festival is the best venue to exhibit, market and sell their films.



AIS campaigns with cheap Northeast calls

Advanced Info Service Plc (AIS) has introduced a low-rate package for prepaid mobile-phone customers in the Northeast, as part of its regional marketing strategy.



Tanayong recapitalises via share sale

Keeree Kanjanapas, executive chairman of indebted Tanayong Plc, and his partners directly and indirectly hold a 38-per-cent stake in the property developer following the firm's recent new share sale.

SFI BAD LOANS

Provisioning 'is inadequate'

BOT says some specialised lenders need more capital






Top Stories



SEC resolute in probing Shin

Lessons for Temasek in buy-out

AIS row with True grows

Vendors flee inundated market district

Growth in garment exports set to slow next year


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