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Fri, October 20, 2006 : Last updated 20:17 pm (Thai local time)



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Osram's ambitious plans to light up local market

Competition in Thailand's lighting market promises to heat up next year with ambitious plans by Osram to challenge market leader Philips for a larger share.




Prospects of 'January effect' rise

The sharp gains that pushed the Dow Jones Industrial Average Index to above 12,000 points for the first time will increase the possibilities of a "January effect" in the Thai stock market.





AIS seeks win-win situation

Advanced Info Service (AIS) might be interested in asking the Information and Communications Technology Ministry to cancel its concession if it receives fair and beneficial conditions.



Local lenders too focused on collateral

Asset-based loan approval prevails here, whereas the decision to lend should be based on a project or business's cash flow

LATE NEWS

Land for fourth Ibis Hotel on Samui

The Erawan Group has bought just over a hectare of land on Koh Samui, on which it plans to build its fourth Ibis Hotel.



Action plan for SME licensing

Small to medium-sized enterprises (SMEs) will find it easier to apply for their business licences if the Industry Ministry can resolve the overlap of regulations and the complexity of application procedures.



New body to run power, gas

With all seven members of the Electricity Regulatory Board having resigned recently, the Energy Ministry will appoint a temporary body to regulate both the power and gas businesses.



Orient Thai seeks probe into low-cost airlines

Orient Thai Airlines has urged the Consumer Protection Board to investigate the service standards of low-cost airlines, to ensure fairness to consumers.



Call for talks on FTAs

The Thai Chamber of Commerce yesterday called on the government to lift foreign investor confidence by moving forward on free-trade negotiations and providing more details of its sufficiency-economy policy, which is confusing foreigners.



Srithai Superware revamps for growth

Srithai Superware is restructuring its business by combining its plastic and melamine manufacturing departments, setting up a new trading unit and maintaining a support unit for human resources and finance.

PRICE-DUMPING ROW

NTC begins probe into AIS prepaid package

Regulator to look into True claim that competition rules have been breached

IN BRIEF

Ua Athorn housing

Diamond Roofing Tiles awarded Bt130m contract by Italian-Thai



Lexus and Boathouse hold fair

A luxury residential development in Phetchaburi's Cha-am district, the Boathouse Hua Hin, is joining forces with the Lexus luxury car to present a new style of below-the-line marketing this weekend.

NEW VENTURE

Siam Motor set to open 203-room luxury hotel

Party House to generate 30% of revenue



Afet trading disrupted in morning session

Due to technical problems, the Agricultural Futures Exchange of Thailand (Afet) announced a temporary closure of trading in yesterday's morning session before resuming in the afternoon.

FRIDAY BUG

Winds of change

On Tuesday evening, some reporters got wind of an impending change at the top of Siam Commercial Bank, the third-largest in the country, as president Jada Wattanasiritham's term was due to expire in January.



GHB confident on hitting lending target

The Government Housing Bank is optimistic that its new lending target of Bt115 billion will be met this year, despite a drop in new mortgage lending in the third quarter due to the economic slowdown



Offshore investors focusing more on Kingdom

Investors from tax havens and financially liberalised countries made significant investments in Thai securities last year, according to Bank of Thailand data.

THIRD-QUARTER PROFITS

Two banks set earnings pace

Bank of Ayudhya and Krung Thai Bank profits rise, beating their peers

STOCK-TRADING BAN

Court finds for SET in IEC appeal

Decision overturns Central Administrative Court ruling



Prenuptial pacts preferred

According to an old Thai proverb, when people are in love, even the taste of bitter vegetable juice is sweet. Thus, many couples do not prepare in time for a reality check: how to divide their money when they divorce.



Aapico Hitech set to buy large stake in KPN Automotive

Aapico Hitech will announce a deal today to acquire a sizeable stake in KPN Automotive. Aapico Hitech chairman Yeap Swee Chuan told The Nation the announcement would be made at the Sheraton Grand Hotel.

FOREIGN BUSINESS LAW

Certainty 'would help investment'

Kularb Kaew issue spooks foreigners: ICC






Top Stories



Big Mac of a takeover for Vicha

But who is likely to buy into Shin?

Certainty 'would help investment'

Budget carriers ought to move on

Total flood damage estimated at Bt10 bn


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