BANK PROJECT
Rice farmers go back to school
Scheme is aimed at developing new breeds, reducing bad loans
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True strikes unusual
True Life shops, where coffee converges with hi-tech stuff, are showrooms of what True Corp means by "convergence" and "brand-building".
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BUSINESS TREND
Mergers will be the way to go as costs rise
More M&As expected as companies seek to increase their competitiveness
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IN BRIEF
Hong kong
OMD again voted top media agency
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CAT expects lower profit
CAT Telecom has targeted Bt31 billion in revenues next year but expects a decline in its net profit to Bt1.5 billion, due mainly to a forecasted sharp drop in international-call revenues.
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State firms will separate activities to reduce risks
The Finance Ministry has ordered all state enterprises to separate normal business transactions from the public service account used to support the government's populist policies.
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Foreign companies call for flexibility from Thai authorities
Foreign companies in Thailand want to see more flexible regulations for those who have a long-term investment plan, rather than the stricter measures in the draft of the amended Foreign Business Act.
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Producers warned on prices
As an increase in the minimum wage rate should have a minor effect of less than 1 per cent on the cost of production, producers should not take this opportunity to increase prices, said Siripol Yodmuangcharoen, director general of the Internal Trade Department.
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STREET WISE
Are happy days here again?
A general perception is that when we get richer, we should feel happier.
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YEAR-END SPECIAL: MEDIA AND AD INDUSTRY
Advertising firms see 2007 as a golden year
Advertising executives have mixed views regarding the industry's outlook for next year.
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LPG subsidy ends in 2007
The Energy Ministry plans to lift subsidies on liquefied petroleum gas (LPG) - better known as cooking gas - next year, to abolish discrepancies in domestic and international gas prices.
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Govt urged to pursue Fashion City project
The private sector has asked the government to continue the second phase of the Bangkok Fashion City project.
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Plan hatched to deal with oversupply of eggs
Egg farmers have agreed to reduce production after facing a huge loss throughout 2006, said Narong Jiemjaibunjong, president of the Association of Hen-Egg Farmers, Traders and Exporters.
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Businessmen keen on Laos
Thai businessmen say they are ready to invest more in Laos, not only to take advantage of investment opportunities, but also to help promote sustainable growth in the neighbouring country.
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Bangkok, Vientiane strengthen trade and investment link
Thailand and Laos aim to forge a strong economic partnership through doubling their trade and investment by 2010 and building a gateway for Asean markets through neighbouring countries.
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ENTERPRISES
SMEs look set grow next year
Domestic consumption to be main factor
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