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Thu, December 14, 2006 : Last updated 19:53 pm (Thai local time)



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ENERGY PLAN

State firms face debate on right to make bids

Exclude Egat and PTT, says adviser



ASSET MANAGEMENT

SCBAM closing the gap on Kasikorn

Rapidly growing portfolio means firm is set to become No 1 mutual-fund player



NEW VENTURE

TAGS signs Lao contract

Bt1.37-bn deal to build economic zone near Friendship Bridge



Anyone fancy a chukka?

Duty-free magnate Vichai indulges his love for the sport of kings with a new polo club near Suvarnabhumi Airport



SEC keeps close watch on big-lot deals

The Securities and Exchange Commission (SEC) is to closely monitor stock transactions via big lots where prices are far different from market prices.



World Bank bullish on developing countries

Growth in developing countries will remain robust in the years to come due to improved policies and favourable financial conditions, reports the World Bank.



Govt revenues on course after solid start to fiscal year

Government revenues in the first two months of this fiscal year were on track to achieve the whole-year target of Bt1.42 trillion, the Finance Ministry said yesterday.



CVD to diversify as VCD sales stagnate

CVD Entertainment is planning to diversify its businesses, and is currently negotiating an expansion by means of either a joint venture or taking over existing businesses.



Thai Nakarin Hospital boosted by new airport

Thai Nakarin Hospital has set a revenue-growth target for its 2007 fiscal year ending July 31 at 20-25 per cent in anticipation of an increasing number of customers following the opening of Suvarnabhumi Airport.

IN BRIEF

Vietnam to explore sea-tourist route

The tourism authority in Vietnam's Kien Giang province will next month begin a fact-finding trip to survey a sea-tourist route involving stops in Vietnam, Cambodia and Thailand, reports the Viet Nam News.



Hotel goes for revenue jump via expansion

The Richmond Hotel in Nonthaburi province plans to double its revenue growth next year, following the completion of a second building on its site on Rattanathibet Road that more than quadruples its number of rooms. It has also unveiled plans to build five more hotels in prime tourist destinations.

LATE NEWS

Cequent invests in Chon Buri

Cequent, a subsidiary of US corporation TriMas, has expanded its global operations by opening a new US$2.5-million (Bt88.15 billion) manufacturing and product-development plant in the Amata Nakorn Industrial Estate in Chon Buri province.



Nine new Thai trade centres to open abroad

To achieve the country's export target, the Export Promotion Department plans to open nine new Thai trade centres in abroad.



Recruiters see better market

After a big slow-down earlier in the year, the job-recruitment market has picked up in this second half, reflecting local firms' improved attitudes in regard to economic and political stability, says staffing and recruitment agency Kelly Services Staffing (Thailand).



Otop producers urged to protect their rights

The Commerce Ministry's Intellectual Property Department has urged One Tambon One Product (Otop) manufacturers to develop a greater awareness of intellectual-property registration, in a bid to protect local wisdom from being registered by foreigners.



Central CEO sees good year for retail trade

Central Pattana has identified good business potential in areas surrounding Suvarnabhumi Airport due to high traffic within the airport, said president and CEO Kobchai Chiratiwat.



Lifestyle the key as giant Esplanade complex opens its doors

The Bt1.5-billion Esplanade complex will open today as a total-lifestyle entertainment venue on Bangkok's Ratchadaphisek Road.



SIM reduces its multimedia handsets to five series

To strengthen its position as market leader in multimedia mobile phones, Samart i-Mobile (SIM) has consolidated its wide array of mobile handsets to five specific series.



Energy Fund considers increasing collection rate

The Energy Ministry is considering proposing to the board of the Energy Conservation Fund that an additional 3 satang per litre be collected from oil retailers for all types of fuel.

TELECOMMUNICATIONS

AIS aims for half of VAS market

Plans to team up with content and various news service providers

STREET WISE

Rich kids riding magic carpets

It was such a pleasurable night for fans of saxophonist Kenny G to see him up close weaving his magic on his horn. Plus the Jazz Royale on Sunday night presented other great artists, including Ahmad Jamal, Chris Botti and Nancy Wilson.

TRANSPORT

Change of name for logistics firm

Parent company sells division to equity firm



iTV sheds 25% of market value after losing tough court battle

Investors yesterday dumped iTV shares, leading to a 25-per-cent plunge in the company's share price, following the Supreme Administrative Court's landmark ruling that iTV must be subject to the original concession fee and programming ratio.



BOT feels 'grave concern' regarding private investment

The Monetary Policy Committee of the Bank of Thailand (BOT) yesterday expressed grave concern over sluggish growth in private investment, as well as price pressure that could weaken the Kingdom's economic growth and stability.






Top Stories



New world giants in the making

Ailing banks face clamp-down

Tata Steel to build mini-blast furnace

Exporters cheer US tax break

Exit of popular shows to hurt MCOT


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