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Sat, October 14, 2006 : Last updated 21:03 pm (Thai local time)



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SUVARNABHUMI FALLOUT

Noise, floods cut land prices

Developers end up holding the bag amid backlash



OPAQUE ACCOUNTING

SET warns investors on Daidomon

Auditor refuses to certify restaurant chain's 2005 financial results



STATE TELECOMS

TOT, CAT to merge boards

Sitthichai: Move is 'best competitive option'



Direction sought for internationaltrade policies

Commerce Ministry officials will meet Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula next Monday to discuss Thailand's trade policies, in order to prepare for various international forums and negotiations.



Late News :Cooperatives face massive defaults on farmer loans

The Agriculture and Cooperatives Ministry plans to propose that the government provide a budget of Bt1.5 billion to offset losses agricultural cooperatives incur on defaulted loans to farmers.



GNC franchisee may enter Vietnam

General Nutrition Centres Inc, the US-based retailer of food supplements, vitamins and nutrition products, yesterday discussed with SSUP Total Wellness Co Ltd, its master franchisee for Thailand, the development of a GNC retail network in Vietnam.

UTCC SURVEY:

Consumers gaining in confidence

First rise in 8 months as politics clearer



Chemical firm expands into glue, rubber

Global Connections Plc (GC) expects to boost its earnings in the special-product segment to 50 per cent of total revenues within three to five years, from 25 per cent now, due to higher margins and a slowdown in commodity polymers, says president Somchai Kulimakin.



Pfizer tries star power to sell pharmaceuticals

Pfizer Thailand yesterday launched a corporate commercial using a celebrity for the first time in its 47-year history in the Kingdom.



Sufficiency economy will get the country back on track, pundits say

If the "sufficiency" approach to economic policy is followed, gross domestic product may grow 4-5 per cent a year and the government budget can be balanced in three years, according to Chaiyawat Wibulswasdi, executive chairman of Krung Thai Bank.



Home sales dip in third quarter as buyers tighten purse-strings

Residential units sold this year registered a 16-per-cent drop from last year, due to home-buyers delaying their decisions because of several negative factors, says the Agency for Real Estate Affairs (AREA).



Restoration of attractions tops Suvit's agenda

Tourism and Sports Minister Suvit Yodmani plans to renovate 100 damaged tourist attractions as his first priority.



Business Opinion :Does flattening yield curve signal a major economic slowdown?

Odds are that a significant fall in GDP growth momentum will follow in the months ahead



Piyasvasti schedules major gasohol meet

Energy Minister Piyasvasti Amranand will next week meet with auto-makers, refineries, oil retailers and ethanol producers to discuss the scheduled end of 95-octane gasoline sales next year before deciding on whether to move to gasohol exclusively.



NTC orders AIS to explain its latest promotion

The National Telecommunications Commission (NTC) has asked Advanced Info Service Plc (AIS) to explain its launch of a heavy promotion, which is regarded by the regulator as "likely to violate" its anti-monopoly and fair-competition regulations.



Japanese remain sanguine on Thailand

Most large Japanese investors in Thailand still have confidence in expanding their investments here, after having the country's new political and economic climate explained by representatives of the interim government.



Scrutiny of populist policies

Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula has vowed to review most of the populist policies championed by ousted prime minister Thaksin Shinawatra, which have been criticised by many as causing damage to the economy.



Shin shares rebound on Temasek stake-sale rumour

Shares of Shin Corp Plc and its subsidiaries and affiliates yesterday rebounded significantly on a buying spree by foreign investors following reports that Temasek Holdings was ready to reduce its holding in Shin to 49 per cent, in order to resolve the ownership issue.

STREET WISE

New Cabinet's paternalism

Prime Minister Surayud Chulanont has made it known his government will follow four principles - fairness, transparency, efficiency and savings - in running the country during his one-year term.

FRIDAY BUG

A star is born

Before he left his post as Bank of Thailand's governor to join the interim government, Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula threw a "thank you" party for the press on Wednesday night.



Aberdeen sees strength in fixed-income funds

Aberdeen Asset Management Co Ltd plans to focus more on issuing fixed-income funds next year and hopes to launch up to two foreign-investment funds (FIFs) that invest in debt tools.

FOREIGN EXCHANGE

BOT to double dealer booths

The Bank of Thailand said yesterday it would double the number of non-bank foreign exchange dealers from the current 500 booths to 1,000 next year to promote competitive rates for consumers.



Company reports

CPN RETAIL GROWTH PROPERTY FUND said the closing date for the unit trust holders' register book and the date for a unit trust holders' meeting or the expected date for receiving resolutions from the holders through a notice sent to them would be postponed. The new date will be announced later.

STOCK FOCUS

Thai Oil Plc

Tisco Securities has maintained its "hold" rating on Thai Oil shares with a 12-month target price of Bt65.






Top Stories



Noise, floods cut land prices

Vendors flee inundated market district

Executives upbeat on new line-up

High-so lineage and low-so eats

Made by man with woman in mind


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