
ShinSat in bidding for Bhutanese cell-phone service

Kuensel, the online version of Bhutan's English-language national newspaper, reported on October 28 that the Shin Satellite (ShinSat) consortium was among four companies short-listed to bid for the licence to operate the first private cellular service in the mountain kingdom.
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Thai Rung Union to launch four new modified vehicles

With 39 years of expertise in the assembly of modified vehicles, Thai Rung Union Car has adjusted its business plan to tap a new market by preparing four new modified vehicles next year.
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Zen rebrands as a 'lifestyle store'

Retail competition at Rajprasong intersection is set to intensify after Zen Department Store announced yesterday that it would reopen on December 14 after being closed for renovations for almost a year
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Muscular baht to hit Cementhai this year

Cementhai Chemicals Co Ltd has predicted that it will lose Bt800 million to Bt900 million from the stronger baht this year.
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Late news :Foreign reserves

Foreign reserves as of October 27 were US$61.8 billion (Bt2.26 trillion), compared with $60.8 billion a week earlier.
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Bangkok Airways ups Samui fare as costs rise

Bangkok Airways yesterday announced a fare rise for the route between Bangkok and Koh Samui, effective since October 31.
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LAND & HOUSES

Fitch revises L&H's outlook downwards due to 'more aggressive financial policy'

Fitch Ratings (Thailand) yesterday revised the rating outlook for Land and Houses (L&H) from stable to negative, due to the company's more aggressive financial policy, evidenced by its recent substantial dividend pay-out for interim 2006 results.
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In Brief :Rice exports to reach 7.5m tonnes for year, says Foreign Trade Dept

The Foreign Trade Department reported yesterday that the country's total rice export volume reached 6.11 million tonnes in the first 10 months this year and predicted that exports would reach 7.5 million tonnes worth US$2.34 billion (Bt85.8 billion) for the entire year.
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More money pledged for tsunami aid

The European Union, the Bank for Agriculture and Agricultural Cooperatives and non-governmental organisations will provide grants and training to southern communities still suffering from the 2004 tsunami.
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Bliss-Tel rejigs offer strategy

Bliss-Tel said yesterday it would not offer 47 million shares totalling Bt211.5 million to IEC Mobile as earlier planned but would instead offer its entire 501 million newly issued shares via private placement or institutional investors.
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