Malls and rural bliss
Kwang-kee Park, the boss of Samsung Thailand, loves quiet, meditation and the countryside. But the demands of his job often require him to visit shopping complexes to keep abreast with the latest lifestyle trends
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Business booms for movie pirates
International body urges tougher Thai action
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STREET WISE
Agency moves prove taxing
Leaving Bangkok for Chon Buri, drivers using the motorway cannot possibly miss a giant billboard on the right-hand side sponsored by the Thai Health Organisation.
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S Korean steel giant buys stake in Thainox
South Korea's Posco, one of the world's largest makers of steel and stainless steel, has agreed in principle to acquire a 15-per-cent stake in Thainox Stainless from the Thai company's chairman and CEO, Prayudh Mahagitsiri, or his relatives, for Bt2 billion.
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Bank plays waiting game on the baht
The Bank of Thailand (BOT) will delay a decision to introduce drastic measures to curb speculation in the baht as it waits for the currency market to unfold.
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Company reports
ADVANCE PAINT & CHEMICAL (THAILAND) reported that the exercise date of its APC-W1 and APC-W2 warrants had been set for December 29. The conversion ratio is one warrant into one share at Bt1 each.
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STOCK FOCUS
Workpoint Entertainment
Kim Eng Securities (Thailand) has maintained its "buy" rating on Workpoint Entertainment stock, with a fair value of Bt26.
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TAMC announces nine-month results
The Thai Asset Management Corp (TAMC) yesterday reported revenues of Bt109.68 billion for the first nine months of the year, of which Bt105.58 billion was used to redeem promissory notes issued to financial institutions.
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GSB offers cars to lucky winners of its draw
The Government Savings Bank (GSB) is offering depositors cars as rewards, partly to discourage people from buying underground lottery tickets, its director-general Goanpot Asavinvichit said yesterday.
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KTB changes tune on marketing
Krung Thai Bank (KTB) has contracted music company Loveis to launch a music-marketing campaign to boost its customer base during the coming year.
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Stronger baht helps importers
Pranda Jewellery president Preeda Tiasuwan said yesterday that the surging baht had not buffeted the jewellery industry much because 60 per cent of its raw materials are sourced abroad. The adverse effect on exports from the strong baht is balanced by the benign effect on production costs.
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SANSIRI RECAPITALISATION
Srettha, associates to buy 25 per cent
Move aimed at boosting confidence after Natural Park exit
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Quality of new vehicles up in Kingdom: study
The initial quality of new vehicles manufactured in Thailand has improved for the third consecutive year, says the Thailand Initial Quality Study (IQS) 2006 issued yesterday by JD Power Asia Pacific.
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LATE NEWS
Economic growth
Pridiyathorn backs NESDB growth forecast of 5% for 2006
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BTS gets nod for more rolling stock
The Central Bankruptcy Court has approved the request by Bangkok Mass Transit System (BTS) to purchase carriages and a light-signal system for the expansion of its Skytrain lines.
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SUPERJUMBOS
THAI may dump A380s if talks fail
Compensation for delay considered vital
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Thai shrimpers slam Aust quarantine move
Thai shrimp farmers' associations yesterday condemned a decision by the Australian government to introduce restrictive quarantine measures against shrimp exported from Thailand and other countries, describing the move as trade protection in disguise.
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Hong Kong and Macau beckon to Thai investors
Thai companies have been advised to consider greater investment in Hong Kong and Macau, and in particular the service sectors of the two city-territories, in a bid to increase business efficiency and gather opportunities from operating in an international environment.
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PTT says govt at fault over limited NGV access
PTT is blaming government delays for its failure to expand the number of stations offering natural gas for vehicles (NGV).
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SEMICONDUCTORS
UTAC plans third Thai plant
New factory to employ 1,000 next year
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