
Sweeping changes in state telecom boards

The Information and Communications Technology Ministry said the boards of directors of the three state telecom agencies should be made up of qualified persons from different backgrounds.
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Bangchak Petroleum loses Bt1.5 bn in Q3

Bangchak Petroleum yesterday posted a huge net loss of Bt1.54 billion for the third quarter, due mainly to a change in the method the company uses to account for its inventory costs.
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New cassava price will be 'fair to all'

With the Commerce Ministry set to announce details of its price-intervention programme for cassava root next week, the minister is urging farmers to expect a realistic approach.
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'Loopholes and unfair treatment' in ad-ban rules

Although the new regulations banning alcohol advertising around the clock will be fully effective on December 3, industry sources claim that many loopholes and difficulties remain, as well as unfair treatment in terms of the planned implementation of the rules.
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Chirayu defends SCB's role in Shin deal

Chirayu Isarangkun na Ayutthaya, the chairman of Siam Commercial Bank (SCB) - which, together with Temasek Holdings, took over Shin Corp earlier this year - has defended that transaction, claiming it was done in good faith through the bank's long-term relationship with the Singapore state investment arm.
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Late news :Rail-air link 'above board'

Kasikornbank president Prasarn Trairatvorakul yesterday expressed readiness to supply the Assets Examination Committee with information for its investigation into the Airport Rail Link scandal.
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Oriflame keen to cast shadow on Asian eyes

Oriflame Cosmetics expects growth next year of more than 30 per cent in the Asian direct-sales market, particularly in China and Thailand.
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New family resort for Karon Beach

Bangkok-based Destination Properties this week announced plans to open the Ramada Resort Karon Beach in Phuket early next month, with the property being managed by HotelCorp.
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Young money wanted at Bestbuys fair

NCC Exhibition Organiser, the local company hosting the 10-day Thailand Bestbuys 2006 fair, says it hopes to attract young people, in a bid to boost spending.
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Jesper Martinsson, chief opertaing officer of Oriflame Cosmetics.

Oriflame keen to cast shadow on Asian eyes
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Ministry 'must have bid strategy'

The Transport Ministry should have a clear investment strategy before it offers its public-transport networks for bidding, according to a source within the ministry.
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Foreign buyers will continue piling into Thai stocks: Vijit

The overseas buying spree in Thai shares should last into next year, fuelled by the improving political situation and cheap prices, Stock Exchange of Thailand (SET) chairman Vijit Supinit said yesterday.
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