'Big gains' for families with links to Thaksin
With easier access to funding and the ability to bend policies for their own benefit, tycoons with political connections during the Thaksin era enjoyed healthy gains in their incomes at a cost to the nation, according to a study by the Thailand Development Research Institute.
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How to define dominance?
Seven years since the promulgation of the Trade Competition Act, the Trade Competition Board has only just decided its position with respect to the term "dominant position". And the matter is still subject to Cabinet approval.
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Kasikornbank chief leaves office behind
There was a belief when we were kids that higher education would guarantee higher stability with peace of mind in occupations such as banking.
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TRADITIONAL FIRM GETS MODERN
77-year-old Khao-La-Or is banking on new approach in key areas
Established in 1929 as a manufacturer of Thai traditional herbal-based products, Khao-La-Or Laboratories has begun to take a more modern business approach in hopes of seizing a greater share of the global market.
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Designer décor for luxury living
dwp design chief Kiattipong has gone for 'New York Style' Ralph Lauren furniture and matching dark oak in the show house for Sansiri's upmarket Narasiri homes
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Ananya sells units from Bt11m
Property punters send prices soaring
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RESORT HOUSING
Seafront home for Bt120m
Baan Talay invites buyers to visit site
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CEO doubles as honorary consul
Under-fire investor Jrarat Pingclasai of Dragon One insists he's no stock manipulator. He says that his new diplomatic post proves he's no bad guy
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LATE NEWS
Airport Rail Link delayed 4 months
The Airport Rail Link project to connect Suvarnabhumi Airport with central Bangkok, will be delayed four months, with completion now scheduled for April 2008, Siwa Saengmanee, chairman of the State Railway of Thailand, said yesterday.
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Draft business-merger rules to be revised
Intense competition involving both local and multinational enterprises in some major industries has prompted the Internal Trade Department to revise its draft business-merger regulations before submitting them for Cabinet approval next week.
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Export target revised on strong currency
The Commerce Ministry announced yesterday that Thailand's exports would be targeted to grow 12.5 per cent to US$145.22 billion (Bt5.18 trillion) next year - figures forced down by the continuing strength of the baht.
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SME sentiment rises in October
The Trade and Service Sentiment Index (TSSI) rose in all industries to 45.5 points in October, with overall sentiment likely to reach 53.6 in the next three months for the first time in a year, according to the Office of Small and Medium Enterprise Promotion.
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European Food witnesses slow sales growth
European Food, a children's snack and green-tea manufacturer, expects to record its lowest sales growth in eight years, at round at 10 per cent to total Bt2 billion, due to negative factors in the domestic and international markets.
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Fund to save, recycle energy
Energy Minister Piyasvasti Amranand will soon ask the Energy Conservation Fund to approve the establishment of a Bt3.5-billion fund to promote energy-saving and power-recycling campaigns.
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JUTHA MARITIME
US-dollar debts soften baht impact
Shipper plays it safe with 40 per cent of total borrowings in foreign currencies
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IN BRIEF
Rice pluckers: VN machinery sells well in Thailand
Engineers in the southwestern province of An Giang in Vietnam have found it easy to export rice-plucking machines to Cambodia businesses, which in turn make profit from reselling them to Thailand.
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Market-specific TAT campaigns
The Tourism Authority of Thailand (TAT) plans to diversify its overseas campaigns to make them specific to individual markets, particularly the United Kingdom, Japan, India and China, during next year's Thailand Unforgettable campaign to attract 14.8 million international tourists.
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NTC to issue rules for 3G licensing
The National Telecommunications Commission (NTC) has confirmed it will introduce licensing regulations for the third-generation (3G) broadband cellular business next year, despite the absence of a National Broadcasting Commission (NBC).
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MILK PRODUCTS
Mah Boonkrong Dairy Goats to boost capacity
Bt200 million being spent on expansion next year
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FRIDAY BUG
The devil is in the details
No matter how many times you do good deeds, it takes only one mistake to ruin everything.
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LH Bank defers plan to break even
The plan by Land and Houses Retail Bank to break even by the end of this year will have to be put on hold for another year, says president Sasitorn Phongsathorn.
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Energy policy gives Solartron rays of hope
Solartron has targeted revenue growth of 5 per cent next year - from Bt1.3 billion this year to Bt1.5 billion - to be driven by export market expansion and the Energy Ministry's policy to support the use of natural energy.
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Board puts BAM's listing plans on hold
Bangkok Commercial Asset Management's (BAM) plan to be listed on the Stock Exchange of Thailand may not be realised this year after being rejected for a second time by its board of directors.
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ECONOMIC OUTLOOK
BOT governor calls for boost in savings
Poor investment-savings ratio could lead to structural problems, trigger another economic crisis: Tarisa
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STREET WISE
Is Phetchaburi Road cursed?
Phetchaburi is one of the roads known to Bangkokians for decades, as familiar as Sukhumvit. And like Sukhumvit, many developments have appeared along it.
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Operators will be hit hard if telecom charge regime on hold
Telecom operators will be financially hard-hit if the interconnection charge (IC) regime is put on hold and some of them still have to continue paying the access charge, plus the additional excise duty.
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