
Kosit shifting the focus to facilitation

In the month since Kosit Panpiemras became industry minister, his office has pursued a 180-degree change in policy from the previous government and is now taking a lead role in facilitating market penetration.
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Cemex taken off ministry's short list of 16

The Commerce Ministry has dropped Cemex (Thailand) from a list of 16 companies short-listed for possible violation of the Foreign Business Act.
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STOCK EXCHANGE

Listed firms' profits hit by oil prices and interest rates

Earnings grow only 1%
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UBS overweight in three sectors

UBS Securities (Thailand) has overweighed Thai stocks in the property, telecommunications and utility sectors for investment next year.
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US call to drop shrimp case rejected

Thailand has insisted that it will continue to pursue a complaint lodged with the World Trade Organisation (WTO) against the United States for employing unfair trade practices against Thai shrimp exporters, despite a US request to cancel the petition.
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LATE NEWS

Abico ordered to amend statements

The Securities and Exchange Commission (SEC) has instructed Abico Holding and its subsidiaries to amend its financial statement for last year and the second quarter of this year, the SEC said in a statement.
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A home for denim jeans

Lumyook (Millennium 2002), an importer of fashion clothing, will spend at least Bt10 million to launch the first flagship store for its 7 Steps outlet.
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ThyssenKrupp JV builds Bt800m plant

ThyssenKrupp Materials (Thailand), a joint venture between the Tewuthatanont family and German firm ThyssenKrupp, is investing Bt800 million in a heat-treatment plant for steel in Bangkok's Rat Burana district.
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Pattaya Dragon to feature first 'cool pub'

A Bt1.2-billion entertainment complex in Pattaya will feature Thailand's first cool pub.
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IN BRIEF

Textiles :T3 brand doing well

The Export Promotion Department is upbeat about the future of the T3 textile brand after seeing the enthusiastic response to the 15 Thai textile-manufacturers that exhibited at international fabric fairs, including Texworld in Paris, Source It in Hong Kong and Intertextile in Shanghai.
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Foreign, local demand fuelling boom in Pattaya's property market

The residential market in Pattaya has proven resilient, thanks to pent-up demand from Pattaya locals and Thai and foreign buyers of condominiums and single houses, says a new research report by international property consultants CB Richard Ellis.
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