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Fri, December 29, 2006 : Last updated 18:57 pm (Thai local time)



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YEAR-END SPECIAL: DEAL OF THE YEAR

The mother of all Thai M&A deals

In its sheer magnitude, Temasek Holdings' takeover of Shin Corp was the biggest in Thai merger-and-acquisition history - several times larger than the Bt23 billion United Overseas Bank paid recently for a majority stake in Bank of Asia, now UOB (Thai).




New approach to financing trade

Banks can play a crucial role in supply-chain management, freeing up companies to concentrate on looking after business





New govt bonds face trouble

The Finance Ministry's schedule to issue government bonds worth Bt316 billion next year is about to fall victim to the Bank of Thailand's reserve requirement measure.



Humble fern can transform garden

How to maintain a garden and keep it tidy by yourself is a question often asked by home-owners when their gardens start to look unruly.



The allure of dazzling ceramics

Cotto executives turn their company's showroom into a functioning model for customers' viewing



Property trade comes to a halt

Stock meltdown threatens realty sales



Busaba turns on Hua Hin's charm

Red Lotus eyes older buyers



The Harry Potter of Bangkok

Scotsman Andrew McBean, managing director of Microsoft Thailand, brings to his job an infectious childlike love of learning



THAI blames baht for drop in operating profit

Thai Airways International (THAI) has blamed the rising strength of the baht for a hefty drop in operating profit for the fiscal year ending September 30.

LATE NEWS

Three new telecom licences approved

The National Telecommunications Commission (NTC) yesterday approved the granting of licences to the Metropolitan Electricity Generating Authority of Thailand and the Provincial Electricity Authority to become telecom network and service providers; and to the Electricity Generating Authority of Thailand to be a network provider.



Call for transparency in IPP bidding

Subsidiaries of the Electricity Generating Authority of Thailand (Egat) allowed to participate in bidding for independent-power-producer contracts should not be more than 10-per-cent owned by the state enterprise, in order to prevent conflicts of interest, suggest academics.



A stellar year for Aberdeen on SET

Aberdeen has enjoyed another year of success, thanks to its strong commitment to offering new investment choices and consistent performance for investors. Having received Best Asset Management Awards in both the Open-Ended Equity Fund and Open-Ended Flexible Fund categories at the Stock Exchange of Thailand (SET) Awards held at the SET earlier this year, the effectiveness of Aberdeen's disciplined investment process has been proven.



TOT told to let True Internet ease data jam

The national telecom regulator will order TOT to allow True Internet Gateway to connect via its facilities with foreign networks temporarily, to provide an Internet gateway service to ease the data jam following the damage to the Asian submarine cable by a strong earthquake off of Taiwan.

TELECOMMUNICATIONS

Revenue rise for NTC

But plans for Consumer Protection Institute still not finalised

IN BRIEF

Five provinces take part in project for rice-seed bank

The Agricultural Land Reform Office has joined with the Rice Department to establish a rice-seed bank in a bid to develop high-quality rice seeds suited for growing areas all over the country.



Leather trade needs better designs

Thailand's leather industry still has bright prospects despite some problems, but operators need to focus more on design and quality, according to Bangkok Bank's macroeconomic analysis centre.



New homes' sales slump 51 per cent

Homebuilders have reported a sharp drop of 51 per cent in their sales for the final quarter of the year, saying the steep quarter-on-quarter tumble to total sales of Bt1.7 billion was a consequence of prospective home-buyers delaying their purchases.

JEWELLERY EXPORTS

Gold faces end to duty privileges

US takes action to reduce GSP benefits for competitive products

FRIDAY BUG

Financial reporters to the rescue

Last week, financial reporters came together to rescue Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula from political reporters who were subjecting him to a barrage of aggressive questions about whether or not he would resign to take responsibility for the aftermath of Black Tuesday.

MARKET RETURN

Tanayong's stock price shoots up 38 per cent

Property developer's share price rockets on return to the SET, but analysts warn it's a speculative buy

YEAR-END SPECIAL: INDEPENDENCE FOR SEC

Securities watchdog bids to stop interference

A board meeting of the Securities and Exchange Commission (SEC) last month marked the beginning of a new chapter for the securities regulator. With Finance Minister MR Pridiyathorn Devakula in the chair, the board approved a radically new structure designed to free the commission from political interference.

STREET WISE

No sex please, we're Korean

After the party, what do you do? Many would say "go to bed" after quite a few drinks and hours of talking. In male-dominated South Korea, they go to brothels.



Fewer cars sold in 2006

Thailand's auto sales this year are expected to fall to 680,000 units, 7 per cent below the original target and 3 per cent below last year's level, says the president of the Thai Automotive Industry Association.



Pornsiri gets the top job in tourism

The Tourism Authority of Thailand (TAT) board yesterday selected Pornsiri Manoharn, deputy governor for domestic markets, to be its new governor.

BAHT DEBATE

Bid to block speculators

Economists split on how BOT should tackle problem






Top Stories



Property funds to be 'hit badly'

Experts warn of ripple effects

Bid to block speculators

Japanese delay plans

Nominee issue crimps loans to foreign developers


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