ELECTRICITY GENERATION
Egco planning new coal-fired power plant
Producer identifies 10 possible sites for construction of 'environmentally friendly' facility
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Tata Steel to build mini-blast furnace
Tata Steel (Thailand) plans to spend Bt3.6 billion to build a mini-blast furnace in the Bo Win Industrial Estate in Chon Buri, to produce 500,000 tonnes of "hot metal", or pure liquid iron, per year.
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Commerce Ministry to amend Foreign Business Act
The Commerce Ministry's Foreign Business Act Committee will amend Annex III of the act, in order to clarify whether the services sector will be open to foreign enterprises.
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Diethelm appoints first Thai president
Diethelm, one of Thailand's largest companies providing marketing, distribution and logistics services, announced yesterday it would kick off its 101st year of operations in Thailand with its first Thai president.
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Small companies, fruit growers hit hardest by strengthening baht
More than half of Thai exporters, or 20,000 companies, have been affected by the rising baht because they didn't hedge to cover currency risks, according to the Bank of Thailand's assistant governor Suchada Kirakul.
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STREET WISE
The way of a man with a maid
Immediately after the news broke that Democrat Party leader Abhisit Vejjajiva was robbed by his maid, one couldn't help but think back to the relationship of ousted PM Thaksin Shinawatra and his own maid.
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Quality House IPO shows gain
The Quality Houses Property Fund reached a 40-satang gain above its initial public offering (IPO) on its stock-market debut yesterday.
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SEC Auto to start fitting cars for alternative fuels
SEC Auto Sales and Services said it would enter the alternative-fuel retrofit market by setting up a Bt60-million company next year.
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Kasikornbank to set up SME venture capital
Kasikornbank will set up a venture capital fund to support small and medium enterprises (SMEs) with an initial investment of Bt200 million.
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Company reports
KASIKORNBANK announced it sold 11.65 per cent of its stake in American Appraisal (Thailand) last Friday for Bt2,613.68 per share for a total of Bt3.04 million, in order to comply with the central bank's consolidated supervision.
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STOCK FOCUS
Ticon Industrial Connection
Phatra Securities has placed a "buy" rating on shares of Ticon Industrial Connection, with a revised price objective of Bt21.50 apiece.
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IN BRIEF
Biodiesel :ThyssenKrupp Group commissioned for turnkey plants at Rayong industrial estate
Thai Oleochemicals and Thai Fatty Alcohols have jointly commissioned the German firm Uhde, which is in the technologies segment of the ThyssenKrupp Group, to build a turnkey plant complex for the combined production of biodiesel and fatty alcohols in the Map Ta Put Industrial Estate in Rayong province.
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Saha-Union set to take on world brands
Saha-Union, a manufacturer and distributor of sports shoes and accessories, targets its sales next year to grow 15 per cent from Bt170 million this year, despite expecting the market to continue to experience low growth.
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Key to success
An accident during an official trip made Siam Cement Trading MD Kalin Sarasin re-evaluate his life, and reach the conclusion that it was crucial to strike a work-life balance
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