FOREIGN BUSINESS ACT
British seek clarification on investments
Chamber, embassy tell Krirkkrai they fear firms will put money elsewhere
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BANKING SECTOR
KTB securities highly rated by Fitch, as BBL reaffirmed by S&P
Krung Thai Bank's hybrid tier-1 debt given an 'A+(tha)'
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Weigh return to Don Muang, AOT is told
Airports of Thailand should thoroughly consider whether low-cost airlines should be allowed to move their operations back to Don Muang airport, even though Thailand unveiled its new international airport 34 days ago, said Deputy Transport Minister Sansern Wongcha-um.
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Shunji Kato, Thai Fuji Xerox's new president, sees the future in colour.
Thai Fuji Xerox banks on colour for fast sales growth
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'Approve transport law before new rail lines'
The government should approve the draft of the Transport Ministry's transport management law before making a decision on investments in mass-transit electric rail systems, a source at the ministry said yesterday.
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IN BRIEF
SKYTRAIN :BTS fares go up next month in face of higher operating costs
Bangkok Mass Transit System (BTS) is raising its fares from December 1 to cope with a 30-per-cent increase in operating costs.
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GE deal 'won't affect baht'
The purchase by GE Capital International Holdings of a 25.4-per-cent stake in Bank of Ayudhya (BAY) will not put further upward pressure on the baht, because the company will use a complex sell-buy swap to make payment, the Bank of Thailand said yesterday.
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Thai Heat to invest Bt40m in Daison
Thai Heat Exchange Plc, a local producer of air-conditioner parts, will invest Bt40 million in the recently established Daison Commercial Co Ltd.
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Discussion deferred
Bliss-Tel's plan to acquire International Engineering's mobile-phone retail firm, IEC Mobile, will not be considered by an extraordinary meeting of its shareholders on November 15.
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K-Asset to launch 3 property funds
Kasikorn Asset Management (K-Asset) aims to launch its first three property funds next year on anticipation that there is plenty of room to expand in the business.
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Company reports
ERAWAN GROUP said it would subscribe to 20.99 million newly issued shares of its subsidiary, Erawan Samui, at the par value of Bt10 apiece. Erawan owns 99.99 per cent of the firm.
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STOCK FOCUS
Aromatics (Thailand)
Tisco Securities has maintained its "hold" recommendation on Aromatics (Thailand)'s stock, with a 12-month target price of Bt37 per share.
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Luxury hotels gear up for Loy Krathong
Luxury hotels along the Chao Phya River and in major tourist destinations are preparing for the Loy Krathong festival with high hopes of attracting new guests to dine out and enjoy the fireworks.
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SHIN CORP
Boonklee has 'no idea of restructuring plans'
CEO in the dark over rumoured Temasek shake-up
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Seventy years for BBC fraud
The Criminal Court yesterday wrapped up a fifth embezzlement case against Krirk-kiat Jalichandra, former president of the now-defunct Bangkok Bank of Commerce (BBC), finding him guilty on five counts and ordered him to serve an additional 45 years in prison and pay damages of Bt211.16 million.
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Cable-TV firms shut for illegal broadcasts
Three major local cable-television operators in Bangkok were shut down on Tuesday on charges that they illegally broadcast copyrighted films of the members of the Motion Picture Association (MPA).
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STREET WISE
Money for nothing?
I want my, I want my MTV
I want my, I want my MTV
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