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Tue, December 12, 2006 : Last updated 21:21 pm (Thai local time)



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NEW BOT POWERS

Ailing banks face clamp-down

Institutions could be shut, have executives removed or be made to raise cash



FINANCE

Banks unclear on need for capital boost

New accounting rules may force recapitalisation





Star Alliance accepts Turkish Airlines as its 21st member

The chief executive board of the Star Alliance airline network has voted to accept the membership application of Turkish Airlines.



Jump into Asia-Pacific

Fund manager advises Thai investors not to let their eyes wander beyond their own region for the present



Building on his failures

MAI president had to master financial knowledge despite training as an engineer



Proofpoint, CAT join for e-mail security service

Proofpoint, the leader in large-enterprise messaging-security solutions, said that it is partnering CAT Telecom to provide e-mail security services.



Asean exports face new Chinese threat

China's exports of high-value goods are rising faster in absolute value terms than those from the "Asean 7", along with the proportion of high-value goods among China's total exports.



Television killed the audio star

Consumers have lost interest in sound systems as modern televisions capture their attention with high-quality, integrated audio, according to electronics industry executives.



17 big hotels spark new realty boom in Phuket

Two years after a killer tsunami wiped out much of Phuket's tourism, visitors now pack the island to the brim, and investors are pouring billions of US dollars worth of investment into 17 new seafront projects.

STREET WISE

Misunderstood by Thai society

To the British, Vichai Raksriaksorn is not a "nobody".



Pattaya's Royal Cliff named World's Best Resort Hotel

Panga Vathanakul runs the Royal Cliff Beach Resort like a tough captain facing the deep sea.



Cellular fees to be fairer

The Information and Communications Technology Ministry is working on the process to make all cellular operators pay similar concession fees and to ensure a level playing field.



Cement-makers turning green

Two major cement-makers - Siam Cement Industry (SCC) and Siam City Cement (SCCC) - have earmarked billions of baht to invest in recyclable power, expecting long-term benefits with the expectation that oil prices will remain high for years.



Paragon racks up Bt10 bn in first year

Siam Paragon plans to spend about Bt300 million next year on marketing campaigns aimed at attracting shoppers from all segments of the Thai and tourism markets.



Phuket 'to bounce back'

Prospects for Phuket's tourism industry look bright as it recovers from post-tsunami trauma, with next year's revenues estimated at Bt74 billion.



Index Living Mall cuts out middlemen

Challenged by the appreciation of the baht, Index Living Mall has changed its export strategy by cutting out importers and distributors and delivering furniture directly to local retailers in overseas markets to avoid price pressure due to middlemen.

BAAC PROJECT

Rice farmers set to cash in Scheme aims to increase income, quality

To create more income for farmers, the Bank for Agriculture and Agricul-tural Cooperatives (BAAC) has launched a "rice bag" project to allow farmers to avoid low prices maintained by local traders.

STOCK FOCUS

MCOT

Seamico Securities has maintained its "buy" recommendation on MCOT shares, with a revised fair value of Bt28.54 apiece.

STOCK SPECULATION

SET, companies oppose new tax plan

Justice Ministry is warned that move would hurt liquidity



Insurer banks on stable Thai market

The conservative management style of Siam Commercial New York Life Insurance (SCNYL) has proven successful amid this year's unfavourable economic and political conditions, posting 14-per-cent growth in total premiums, compared with the life-insurance industry's average of 4 per cent.

PERSONALITY

Following in her father's footsteps

Kattiya Indaravijaya remembers her father with fondness and looks up to his reputation as a role model in her career, but she does not want to work as hard as he did.






Top Stories



Currency expected to keep rising against $

'Big gains' for families with links to Thaksin

New world giants in the making

Business booms for movie pirates

Japanese weighing up options


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