Sawasdi's sacrifice
Nakornthai Strip Mill founder opted to get out of the way in order to let the company carry on with an expected injection of fresh capital from creditors
|
|
|
STREET WISE
A thumb on the scales of justice
Last week, when Total Access Communication and True Move launched a rare joint press conference, they made the point that market leader Advanced Info Service had taken unfair advantage of them.
|
|
|
Panithan takes Major Cineplex media role
Major Cineplex Group has recruited Panithan Sethabutr, former managing director of KFC franchisee Yum Restaurants International (Thailand), to take charge of the company's reshuffling of its media business.
|
|
|
User-friendly site showcases 'CHIC by Thailand'
The Tourism Authority of Thailand's UK and Ireland office has relaunched its consumer website in a bid to promote its new "CHIC by Thailand" campaign to UK consumers.
|
|
|
Producers urged to lower their selling prices
The Internal Trade Department has called on some manufacturers to lower their selling prices, since the baht's appreciation has lowered their production costs.
|
|
|
Hotels smell sweet success
Two weeks after the opening of Royal Flora Ratchaphruek on November 1, hotels in Chiang Mai have reaped more than Bt500 million in extra income, with a 60-per-cent increase in occupancy over the same period last year.
|
|
|
High hopes for 2007 Subcon fair
The Board of Investment (BoI) expects Subcon Thailand 2007 will generate revenue of Bt12 billion amongst local industries within five years.
|
|
|
Locals' spending slowdown hits Gaysorn sales
High-end Bangkok shopping centre Gaysorn experienced a spending slowdown during the first 10 months of the year, mainly due to the sluggish economy, political uncertainty, currency volatility and rising oil prices.
|
|
|
LTU increases flights to serve Thailand all year round
LTU International Airways has increased flights from its home country Germany as part of a strategy to serve Thailand the whole year round instead of only during the peak tourist season.
|
|
|
TELECOMMUNICATIONS
NTC opens market to VoIP calls
Licensed operators to offer the service
|
|
|
Company reports
ASIAN SEAFOODS COLDSTORAGE announced a third-quarter net profit of Bt55.25 million, against Bt54.47 million in the same period last year.
|
|
|
Eternity Grand Logistics to list on MAI on November 29
Eternity Grand Logistics, whose goal is to be a fully fledged logistics service provider in Indochina, will list on the Market for Alternative Investment (MAI) on November 29.
|
|
|
Poor Q3 results for most listed developers
Most listed property developers showed disappointing third-quarter earnings, due mainly to stagnant economic conditions, high domestic oil prices and increased interest rates during the period.
|
|
|
SME Bank warns strategic NPL debtors
The Small and Medium Enterprise Development Bank of Thailand (SME Bank) yesterday announced a stern warning to strategic debtors that they will receive a court notice if they fail to contact the bank for debt repayment this month.
|
|
|
MANAGEMENT CHANGE
Pongthep gets nod at Picnic
Takes over from Prasit as managing director at cooking gas supplier
|
|
|
2ND FINANCIAL MASTER PLAN
Focus on competition, liberalisation
New BOT chief says banks will be allowed to conduct more types of business
|
|
|
LATE NEWS
True posts record new phone subscribers
True posted a record 1.4 million added mobile-phone subscribers in the third quarter, lifting its total number to 6.8 million and market share to 18.8 per cent, said CEO and president Supachai Chearavanont.
|
|
|
BorgWarner's local assembly
US-based BorgWarner's part-time all-wheel-drive technology has been brought into Thailand by Auto Alliance Thailand, which will apply the technology - electric shift-on-the-fly transfer case and electronic control unit - on 2007 models of the Ford Ranger and Everest.
|
|
|
MOBILE PHONES
South Korea's Samsung intent on narrowing gap with Nokia
Manufacturer banking on trendy devices to catch market leader
|
|
|
IN BRIEF
Nam silp thai eyewear
Lacoste sunglasses line added to company's fashion range Nam Silp Thai Eyewear was recently appointed to be the exclusive distributor of Lacoste Eyewear from France.
|
|
|
Fitness First branches out
Fitness First plans to double the number of branches here over the next three years, its managing director for Thailand said this week.
|
|
|
Aapico Hitech upbeat on '07 after takeovers and JVs
Malaysian-owned Aapico Hitech Group is looking forward to a fruitful 2007 after completing a series of takeovers and joint ventures this year that has enhanced its capabilities to become a global auto-parts manufacturer and supplier, according to a Bernama news agency report this week.
|
|
|
OPENING UP MARKETS
Warning over Apec-wide FTA
Put development agenda first: Oxfam
|
|
|
