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Thu, January 18, 2007 : Last updated 19:46 pm (Thai local time)



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SURPRISE CUT IN INTEREST RATE

Market says move is too late to help

Experts unconvinced Monetary Policy Committee decision will limit effect of BOT 30% rule on economy



BANK OF AYUDHYA

StanChart exec tipped as BAY chief

Standard Chartered's Tan Kong Khoon expected to take over next month



KNOWLEDGE MANAGEMENT

'Identify your uniqueness'

Learn from but don't copy the big players, expert urges Thailand



Patience pays off

After years of struggle, Voradet Sivatachanon is confident that the used-house business will develop into Thailand's economic driving force within five years



New competition law pleases smaller player

Star Sanitary, which holds a minor share of the Thai sanitaryware market, has welcomed a Cabinet decision about price fixing and anti-monopoly law.



Next-morning guarantee by TNT Express

TNT Express has launched a guaranteed 9am express delivery service in Thailand as a marketing strategy it expects will lead to 10-per-cent business growth this year.

IN BRIEF

HomePro discounts

Home Product Centre, operator of the HomePro chain, is offering discounts of 10-60 per cent until the end of the month.



Water company to tap funds via SET

Thai Tap Water Supply will mobilise funds amounting to Bt3.5 billion by allocating its shares to the public this year.



BFIT ramping up marketing effort to boost income

BFIT Securities will make aggressive marketing efforts for brokerage and investment-banking business this year, its president said yesterday.

SANSIRI RECAPITALISATION

Natural Park to back Bt12-bn plan

Sansiri's largest shareholder Natural Park will vote to support its Bt12.61-billion capital-increase plan at an extraordinary meeting of shareholders today.



One Asset banking on new funds

One Asset Management will launch at least five funds in the hope of adding Bt5 billion to its Bt57 billion in assets under management this year.

STREET WISE

No backtracking, no constitution

This "old ginger" government may consist of many retired civil servants but don't underestimate them, especially when it comes to legal affairs.



Deutsche Bank faces lawsuit

Seven secured creditors of the Bangkok Mass Transit System (BTS) will file a lawsuit against Deutsche Bank AG London, accusing it of not protecting other creditors' interests.



DTAC sues TOT over access charge dispute

Total Access Communication (DTAC) yesterday filed a lawsuit against TOT at the Central Administrative Court over the network access dispute and demanded more than Bt73 million in compensation from the state agency.

SEMINAR ON FOREIGN BUSINESS ACT

More competition, better communication urged

Participants agree nominee issue has to be tackled, but say confusion must be avoided and more sectors should be opened

LATE NEWS

Cash deficit for Q1 of fiscal year

Thailand suffered from a cash deficit of more than Bt50 billion in the first three months of the 2007 fiscal year, due to the transfers of money to local administrative bodies and the Farmers Assistance Measurement Fund.



Trade relations with city-state 'won't be hit'

The government, private enterprises and academics yesterday expressed confidence the government's abolition of high-level diplomatic cooperation with Singapore would not hurt the Kingdom's trade and economic growth.



FTI hopes S'pore row won't hurt business

Federation of Thai Industries (FTI) chairman Santi Vilassakdanont yesterday expressed hope that the disruption in diplomatic ties between Thailand and Singapore would not spill over to the business sector.



ZTE bids lowest price

Chinese telecom-equipment supplier ZTE yesterday appeared to clinch a deal to install CAT Telecom's optical-fibre network in the South.



Six strategies for boosting the reputation of Thai rice

The Commerce Ministry yesterday unveiled six strategies to improve the rice planting and trading system to ensure Thailand's reputation as the leading exporter of high-quality rice.



BRT route set to be signed soon

The Bangkok Metropolitan Administration expects to sign the construction contract for the first of five bus rapid-transit (BRT) routes next month and expects one route to be operational next year.



New industrial standards for productivity

In order to improve the productivity of local industries, the government is considering spending Bt80 million so the Thai Industrial Standards Institute can release 50 more Thai community-product standards this year.

ALTERNATIVE ENERGY

Oil Fund to subsidise biodiesel

to subsidise biodiesel Policy office will devise pricing formula






Top Stories



THAI going back to the future

Opposition to Don Muang plan mounts

Local oil prices down 40 satang per litre

Market says move is too late to help

Economic growth set to accelerate


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