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Thu, November 2, 2006 : Last updated 16:18 pm (Thai local time)



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POPULIST POLICIES

GSB wants to continue schemes of help to poor

Micro-finance 'is good'; housing loan programme 'can go'



LOCAL BOURSE

SET nears 4-year high on foreign capital inflows

Buying by overseas investors has been the main driver begind the market's rise



TOT LAUNCH

CDMA service to start by year-end

Public-phone project to have 150,000 numbers managed by state agency



16 vie to be TAT governor

Three insiders and 13 outsiders have submitted their applications to be the new governor of the Tourism Authority of Thailand (TAT).

BOT FIGURES

Q3 growth

Consumption, investment recovering



UK, US ambassadors to meet Krirkkrai

British Ambassador to Thailand David Fall will today meet Commerce Minister Krirkkrai Jirapaet to seek assurances about the ministry's policies after the change of government, a source said yesterday.



Logistics switch 'meets Pridiyathorn's approval'

Plans to revise the Transport Ministry's strategic plan for logistics, by switching port development from Laem Chabang to Chiang Saen on the Mekong River and Pakbara port in Satun province, have been well received by Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula, according to a ministry source.



Ministry to review telecom excise duty

The Information and Communications Technology Ministry has promised to consider the request of the TOT and CAT Telecom labour unions to find a way to cancel the telecom excise duty.



Late News :Jump TV seeks foreign content

Jump TV, a provider of television via the Internet, has signed an agreement with Asia Television and Media to help it negotiate with TV channels and producers in Thailand and Indochina to put their content on its IPTV (Internet Protocol TV) platform.



Bann Lae Suan Fair kicks off

The annual housing expo Bann Lae Suan Fair 2006 got off to a good start yesterday, having enticed new exhibitors to rent more than 300 additional booths. The fair's organiser, Amarin Printing and Publishing, expects to see as many as 500,000 visitors and a Bt5-billion cash flow throughout the six-day event.



Property Perfect launches projects

Property Perfect has launched two new residential development projects in the Rattanathibet-Ratchapruek-Bang Yai area with a total value at Bt 7.99 billion to capture a growing lower-priced market segment.



Instant translation service for tourists

Norwegians bridge communication gap



Trade deficit with China tops $1 bn

The free-trade agreement between Thailand and China has resulted in a US$1.16-billion (Bt42.6 billion) bilateral trade deficit for the Kingdom in the first nine months of the year due to an influx of Chinese fruit and vegetables, a source in the Commerce Ministry said yesterday.



S&P takes Kingdom off watch list

Standard and Poor's Ratings Services yesterday affirmed its "BBB+/A-2" foreign currency and "A/A-1" local currency sovereign credit ratings on Thailand and removed the ratings from its CreditWatch.



GE unit confirms it will purchase 25 per cent of BAY

GE Capital International Holdings Corp has confirmed it will buy a 25.4-per-cent stake in Bank of Ayudhya (BAY), with the first share purchase to be made by January 10.

STREET WISE

Crusaders tilt their lances

The War of the Roses between Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula and Auditor-General Khunying Jaruvan Maintaka was the big news of the week.



Kendo snacks target health-conscious teens

Friendship Co Ltd, a major local producer and distributor of snack products, has invested Bt100 million in producing a new range of rice-based snacks called Kendo, which the company hopes will generate sales of Bt300 million in their first year.



In Brief :Price-hike checks at Royal Flora

The Commerce Ministry's Internal Trade Department has dispatched mobile inspection teams to Chiang Mai during Royal Flora Ratchaphruek 2006, in a bid to prevent any unfair hiking of prices during the three-month event.



SCB to launch Suvarnabhumi Cash Card

Siam Commercial Bank (SCB) says it is the country's first commercial bank to offer cash cards for spending at the Kingdom's new international airport.



Stock exchange targets 64 new listings next year

The Stock Exchange of Thailand has set a target of 64 companies seeking listings in local stock markets next year.



Phatra Securities scores best among brokerage houses

Phatra Securities emerged as the listed brokerage with the best record, chalking up an unreviewed third-quarter net profit of Bt155.95 million, up 60.71 per cent year on year.

ENERGY SECTOR

Egcomp to buy 50% of BLCP

Electricity Generating Plc (Egcomp) will acquire a 50-per-cent stake in BLCP Power Co Ltd from CLP Power Ltd and two individual shareholders for Bt6.65 billion.



Company reports

PREMIER ENGINEERING AND TECHNOLOGY announced a name change to Premier Technology, with its bourse symbol changing from PE&T to PT. The company also decreased its registered capital from Bt1.47 billion to Bt1.42 billion.

STOCK FOCUS

Banpu

Kim Eng Securities (Thailand) has upgraded its recommendation on Banpu shares from "long-term buy" to "buy on weakness", with a fair value of Bt186 apiece.






Top Stories



BOT steps in as baht goes higher

Sweeping changes in state telecom boards

MTV and VH1 join Smile TV

British seek clarification on investments

Woods Bagot office to boost Samui's realty


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