Rule to be eased for Thai firms
The Bank of Thailand (BOT) confirmed yesterday that by early next week, it would revoke the 30-per-cent withholding requirement for foreign borrowing for direct investment by companies in Thailand.
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Books make the man
Surachai Chetchotisak, chief executive of the RS entertainment conglomerate, reads constantly to update his knowledge of business
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Chance fades for Metrostar
The Bangkok bomb blasts on New Year's Eve have resulted in a lost business opportunity for Metrostar Property, as potential foreign partners have suspended plans to form a joint venture.
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Amata predicts drop in sales
Amata Corp said yesterday its sales revenues would drop, because investors might move out of Thailand after the announcement of the proposed amendments to the Foreign Business Act.
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Bigger and better Ripley scares in store
Royal Garden Entertainment, holder of the Ripley's Believe It or Not! franchise, has a two-year plan to double its area in the Royal Garden Plaza shopping mall in Pattaya and strengthen its haunted house - one of its four attractions - through human-resource training.
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Siam Makro moves to assist traditional retailers
Siam Makro, the Netherlands-based operator of cash-and-carry wholesale centres, yesterday announced a Retailer Centre initiative to help its 350,000 members from traditional stores throughout the country fight against the modern retail giants.
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LATE NEWS
SRT given two weeks for plan
Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula yesterday instructed the State Railway of Thailand (SRT) to complete the 15-kilometre Bang Sue-Taling Chan railway development plan and submit it for the Cabinet's approval in two weeks.
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Chinese tourists shrug off fears
Only a few Chinese tourists have called off their trips to Thailand for Chinese New Year out of safety concerns, the Tourism Authority of Thailand (TAT) said yesterday.
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True Visions scores licence for football
Dominant pay-TV operator True Visions, which changed its name from UBC True yesterday, has won the exclusive licence to broadcast English Premier League football programmes, its senior executive said yesterday.
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Thai hotels plan road shows
The Thai Hotels Association plans to invite buyers from Singapore and Hong Kong to participate in travel fairs in Thailand this year in order to boost tourist arrivals.
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Groupe Danone, Dutch Mill join hands
Two leading makers of dairy products, Thai-owned Dutch Mill Group and France-based Groupe Danone, entered into a strategic partnership yesterday to offer innovative, high value-added dairy products to consumers here.
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SAMART CORP
'Dead wood' to be cut in economy drive
Axe hanging over staff with poor performance as executives formulate business plans
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IN BRIEF
SC Asset homes at a discount
SC Asset is offering discount prices between Bt100,000 and Bt1.28 million per unit for buyers at its seven property projects until the end of the month.
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Cookson unit moving production to Thailand
UK Precious Metals is moving its manufacturing from Wales to Thailand to save on operating costs as part of its restructuring programme.
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TWZ upbeat on handsets
TWZ Corp expects its mobile-phone sales to more than double to Bt8 billion this year, thanks to taking on the Samsung line.
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SIAM FUTURE
Mall plan for housing projects
Developer targets building one or two such centres in '08
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Accused may beat embezzlement rap
A case of alleged embezzlement against former executives of now-defunct First City Investment Finance (FCI) is in danger of lapsing because the 10-year statutory limit for prosecutions expires next month.
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AIA says 'fear of the unknown' is the biggest challenge this year
American International Assurance (Thailand), or AIA, says fear of the unknown is the biggest challenge to its business this year, including unclear definitions and unknown details in both the amended Foreign Business Act and the Insurance Act.
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REVENUE COLLECTION
Customs blamed for lower tax
Abuse of excise-free zones by carmakers partly responsible
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BTS SAGA
Creditors tell BMA to be the administrator of debt plan
Proposal is under a cloud despite backing from court
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STREET WISE
Krirk-krai shows his true colours
Two weeks after the Cabinet approved the draft amendments to the Foreign Business Act, confusion remains, despite many rounds of explanation from government officials and Commerce Minister Krirk-krai Jirapaet.
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Raimon Land buys Rajdamri site, introduces Gulf directors
After months of quiet negotiations, Raimon Land has bought a 4.5-rai plot of land on Rajdamri Road overlooking Lumpini Park and the Royal Bangkok Sports Clubs, chief executive Nigel Cornick said yesterday.
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New boss for Siam City Bank
The board of directors of Siam City Bank (SCIB) yesterday unanimously approved the appointment of Chaiwat Uthaiwan as bank president, effective from March 15.
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SIAM CEMENT IN MAP TA PHUT
Bt10-billion plant to go ahead
Compliance with environmental standards will not upset group's petrochem plans
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