LATE NEWS
Manila opts for liberal stance
The Philippines is set to liberalise existing restrictions on capital outflows as a way of hedging against the strong influx of foreign money, while keeping its monetary policy steady for now.
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IN BRIEF
contract defaults
Department blacklists four Indonesian trading companies The Export Promotion Department yesterday blacklisted four Indonesian trading companies after they were found to have intentionally defaulted on payments to Thai companies and to have refused to deliver goods for Thai customers.
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Commerce with India doing relatively well
Trade with India under the free-trade agreement (FTA) has shown significant progress, although the surplus dropped 21 per cent last year.
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Habitat in image makeover
The Habitat showroom in Bangkok is getting an image makeover and will emerge as a "lifestyle home-furnishing shop", says the operator of the British-based retailer.
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Customs to get tougher on pirates
The Customs Department will re-enforce its campaign against pirated goods, as well as get tougher on importers avoiding full duties, director-general Chavalit Sethameteekul said yesterday.
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True Move seeks injunction against TOT
True Move has sought an injunction from the Central Administra-tive Court to prevent TOT from disconnecting its 1.5 million new phone numbers.
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Oxfam: Davos meeting must change tack
The future of the world economy and trading system is at a critical juncture, with global trade negotiations leaving the poorest countries behind, Oxfam warned early this week on the eve of the World Economic Forum in Davos, Switzerland.
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Punish wrongdoers, Banthoon tells govt
The current government with its powers should speed up punishment of unethical people, Kasikornbank chief executive Banthoon Lamsam said yesterday in his first public comments since the Surayud administration took office.
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ShinSat thinks it is time for new satellite
Shin Satellite (ShinSat) is working on a plan to build a new satellite to continue cashing in on market growth, president Nongluck Phinainitisart said yesterday.
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With A380 delays, Airbus offers THAI discounted A330s
Airbus has offered Thai Airways a US$10-million (Bt358 million) discount on each of eight medium-range A330-300 aircraft, with an option for four more, in compensation for delays in the delivery of six A380 superjumbo jets.
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Use Don Muang during repairs: 2 airlines
Bangkok Airways and Thai AirAsia have urged the government to move domestic flights back to Don Muang temporarily so that Suvarnabhumi Airport can be partially shut down for repairs to cracked taxiways.
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