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Thu, November 30, 2006 : Last updated 19:58 pm (Thai local time)



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SIAM CITY BANK

Row over choice of president

BOT chief says results of selection panel process should be strictly adhered to



SECURITIES INDUSTRY

Brokerages forecast to consolidate

Fewer than 20 players expected after liberalisation of regulations





GFA launches local donut and pretzel franchisees

Local restaurant franchise GFA Corp (Thailand) has added two new brands to its stable - The Donut Baker and Golden Pretzel.

UNIQUE APPROACH

Corner 43 Decor is in no hurry to grow big, preferring to develop distinctive designs

Corner 43 Decor, a local wicker and rattan manufacturer and exporter, is a company with a difference. It has no plans to grow bigger rapidly by stepping into mass production, but wants to develop its own unique designs and Thailand's artisan heritage.



GHB sets lower target for lending growth

The Government Housing Bank (GHB) is showing a more conservative approach to its lending target for next year by aiming for a figure below Bt100 billion for the first time in three years.



PTT to build new petrol stations, close unprofitable ones

PTT next year plans to spend up to Bt550 million to build 15 new petrol stations while closing more than 50 unprofitable ones.



Thanachart to focus more on used-car loans

Thanachart Bank will raise the proportion of its lending for used cars from 19 per cent this year to 25 per cent, given their better margin than new cars.

STOCK MANIPULATION

Violations hard to prove: SEC

Stock-price manipulation is becoming more sophisticated and prosecutions harder, according to Securities and Exchange Commission (SEC) secretary-general Thirachai Phuvanatnara-nubala.

IN BRIEF

PWO sets December 15 deadline for rice millers

The Public Warehouse Organisation (PWO) has set a deadline of December 15 for rice mills participating under the government's rice pledging programme to deliver a total of 550,000 tonnes.

PROPERTY SECTOR

Strong '07 growth predicted

Biggest gains expected near mass-transit systems: Jones Lang LaSalle



Counter Service's expansion

Counter Service, a local provider of payment services for electricity and water utility bills and other services and which operates under the Charoen Pokphand (CP) Group, has announced separate marketing and investment budgets of Bt100 million each for next year.

LATE NEWS

Ministry sees 2007 growth at 4-5%

The Finance Ministry expects the economy to grow by 4 per cent to 5 per cent next year thanks to domestic consumption and investment.



Thailand slow to catch on to 3G

In terms of wireless technologies, Thailand is falling behind the bulk of countries with third-generation (3G) cellular networks, including Mongolia.



Beautiful men at Central

Central Retail (CRC) has spent Bt10 million to stage the Fantastic Beautiful Men Show in Phuket, hoping to ride on the back of the post-tsunami recovery of the resort island. The show, staged at CRC's flagship restaurant Phuja Nirvana, is expected to draw about 300 patrons each evening, said Sutthasinee Lovichit, vice president of marketing.



Subaru sales slow this year

Motor Image, the official distributor for Subaru, expects the market to shrink this year as luxury-car buyers hold back due to instability.



Retail business law will have teeth, says source

Multinational retail giants will come under stringent restrictions in terms of expansion, fairer charges and fixed operating hours after the Commerce Ministry amended the draft of Thailand's first-ever retail business law, which will be implemented in the near future.



Life Centre for health and wellness opens on Sathorn

Siam Retail Development yesterday opened its three-level, 14,000-square-metre Life Centre - a "lifestyle mall for health and wellness".

MARINE TRANSPORT

Install NGV engines in boats: agency

Dept to propose idea to ministries



Telenor sets up in Bkk

Norway's telecom giant Telenor, the strategic partner of Total Access Communication (DTAC), has opened a regional office in Bangkok as part of its long-term commitment to the Asian market.

STREET WISE

Gambling on Pridiyathorn

Over the past few weeks, Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula has faced a political dilemma over the lottery controversy.



23rd Motor Expo kicks off

The year-end auto-buying season officially starts today as the 23rd Thailand International Motor Expo kicks off in the Challenger Hall of Muang Thong Thani.



Big changes down at the farm

After a conservative approach for the past 15 years, the Farm Chokchai Group yesterday announced a major business diversification with its new retail dairy shop and fast-food restaurant.



Whipping up the spirit of Christmas

A veteran Portuguese-Hong Kong executive is tapping into the upcoming Christmas festival next month for the official launch of a company called Santa Village, whose business will focus on the legend of Santa Claus and the spirit of Christmas.






Top Stories



Good rating boosts Khon Kaen Sugar

Creditors want a piece of the Skytrain pie

Crackdown on low standards

Graft-busters get SEC info

BOT sets deadline for debt repayment


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