NET SERVICES
NTC allocates WiMax spectrums
Operators invited to apply for wireless broadband Internet licences
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SME Bank may sue persistent defaulters
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) issued a stern warning yesterday that it would sue and blacklist its debtors who intentionally defaulted on repayments and refused to join a rehabilitation plan before the end of next month.
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SIAM CITY BANK/BANKTHAI MERGER
A tough job for new president
Chulakorn Singhakowin, the man most likely to be the next president of Siam City Bank (SCIB), faces a tough assignment, as industry analysts are hard put to find obvious benefits to come from SCIB's planned merger with BankThai, apart from some economies of scale.
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Sea Horse to take over Power Energy
Sea Horse is set to acquire a controlling stake in Power Energy for Bt150.48 million as part of its plan to shift its core business away from frozen seafood to energy, following a change in major shareholders.
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Company reports
TMB Bank said it signed a two-year master service agreement last Friday with DBS Bank Ltd, as the first contract with DBS Bank expired on August 31.
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STOCK FOCUS
Aromatics (Thailand)
Kim Eng Securities (Thailand) has recommended "fully valued" on Aromatics (ATC) shares, with a fair value of Bt36 apiece.
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Hydraulic-oil leak cancels THAI flight
Hydraulic oil leaked in the cargo section of Thai Airways International (THAI) flight TG106 at Suvarnabhumi Airport yesterday, forcing the 203 Chiang Mai-bound passengers to disembark and board another plane.
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TV CHANNEL 5
'Management continuity' needed for better efficiency
Permanent director will be proposed
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Floods to hit pork prices
Pork prices are expected to rise early next month, because heavy flooding in central Thailand has reduced the supply of pigs.
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FDI 'to fall below Bt300 bn in 2007'
Foreign direct investment (FDI) will fall below Bt300 billion next year if foreign investors' reduce their stakes in telecom firms, Kasikorn Research Centre said in a recent report.
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Govt to raise fuel taxes beginning today
Amid declining global prices, the Energy Ministry will today begin collecting an additional 26 satang per litre of petrol sold and an extra 15 satang per litre of diesel to contribute to the Oil Fund.
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Panel to look at dumping claims
The Commerce Ministry's retail committee will hold a meeting tomorrow to sort out terms and conditions to prevent superstores from dumping products at the expense of small-scale retailers.
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Production index for SMEs deemed a 'necessary tool'
The government should initiate a Manufacturing Production Index (MPI) for small and medium-sized enterprises (SMEs), to give operators a clearer picture of their investment, Aat Pisanwanich, director of the Small and Medium Enterprise Study Centre, has suggested.
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Palm Spa Village aims at being best in North
Preeyawan, operator of Palm Spa Village Chiang Mai, is ready to serve the high-end market and plans to be the best spa in the northern region.
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Late News :PTT and Shell cut fuel prices
PTT Plc and Shell (Thailand) announced that both companies would reduce the price of all of their fuel products by 30 satang per litre, due to recent decreases in costs.
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CPAC finishes buying manufacturing assets from Konica Minolta
CPAC Inc has completed the purchase of certain photochemical manufacturing assets from Konica Minolta Photochem Thailand, effective October 17.
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Innovative Media's new 3-D technology a first for Asia
Innovative Media yesterday launched Asia's first three-dimensional media using HoloVision hologram technology from the US and plans to install at least 100 terminals next year.
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In Brief :For musical SMEs, it's all in the Mind
Small- and medium-sized enterprises (SMEs) involved with music equipment and entertainment expect sales amounting to Bt500 million from an art and music expo called Mind 2006, to be held from December 7-11 at Muang Thong Thani's Impact Arena.
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Sanchai tipped for AIS wireless job
Advanced Info Service Plc (AIS) is expected to offer its former marketing whiz Sanchai Thiewprasertkul the newly created role of chief marketing officer for wireless groups as part of the company's plan to improve business synergy.
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Rambo to resurface in Kingdom
Sylvester Stallone has agreed to shoot his latest "Rambo" sequel here with Universal Pictures Studio Co considering Chiang Mai as the location, a Tourism and Sports Ministry official said yesterday.
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Govt to stress sufficiency economy
The new government will uphold market mechanisms in its economic policies, but good governance will be instilled under the philosophy of sufficiency economy to ensure economic fairness and minimise conflicts of interest as well as personal interests.
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Naris gets the boot but Sirote stays after Finance shake-up
Finance Minister MR Pridiyathorn Devakula surprisingly decided to retain Sirote Swasdipanich as director-general of the Revenue Department but former Fiscal Policy Office chief Naris Chaiyasoot was shifted to an inactive post in a major reshuffle approved by the Cabinet yesterday.
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STREET WISE
You can't go home again
No news could be hotter than the rumoured attempt of former PM Thaksin Shinawatra to return to Thailand, after seeking asylum in London for a month following the September 19 coup staged by the then-named Council for Democratic Reform.
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