LATE NEWS
Foreign business issues studied

At the first meeting with the private sector to review the Foreign Business Act yesterday, Deputy Prime Minister MR Pridiyathorn Devakula told the public/private panel to study four key legal issues.
He urged all to define "foreign company" and "nominee". The panel should also come up with clear penalties and set an amnesty period so companies could remedy any infringements. But violators should be made to conform to the law quickly, as they should not be given as much as a year to restructure their shareholdings, he said. - The Nation.
AOT fights noise Airports of Thailand could spend Bt390 million to buy 71 houses on 28 rai of land suffering from noise pollution at Suvarnabhumi Airport. AOT senior executive vice president Somchai Sawasdeepon said yesterday the company would also survey additional areas around the airport where the noise is above 70 decibels. AOT would also help improve the houses where the noise level is 30-40 decibels. The National Institute of Development Administration was assigned to study the compensation scheme. - The Nation.
Export meeting A conference of Thai commercial counsellors from around the world will be held next Monday to draw up the annual export-promotion plan. Rachane Rachane Potjanasuntorn, the new director-general of the Export Promotion Department, said yesterday he would like to meet with the 55 Thai trade representatives abroad, in order to create an understanding of the Kingdom's export promotion strategies and ensure that export growth this year will achieve the target. The meeting will help set the export growth target in each market and the total export target for next year. - The Nation.
Airlines confident The Air France-KLM Group is confident its 600-square-metre lounge at Suvarnabhumi Airport will accommodate its planned 60-per-cent increase in capacity. The increased capacity comes from Air France's switch from Airbus 340-300 to Boeing 747-400 aircraft with 433 seats. KLM remains unchanged at 280 seats. Situated right in front of the two airlines' departure gates, the Sky Lounge can take up to 130 customers at a time. The facilities, including a shower room and refreshment bar, also cater to other Sky Team customers. An e-ticketing system has also been introduced. Passengers can get their boarding passes in three easy steps through the airlines' local websites.- The Nation.
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