Pridiyathorn defends sufficiency-economy concept
If Thailand still followed growth-inflated Thaksinomics instead of sufficiency economics, it might - in three years - fall into the same financial trap that Argentina faced in the late 1990s, Deputy Prime Minister MR Pridiyathorn Devakula said yesterday.
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Online fashion designer
Kunyarat Pladisai discovered her unique design talents and e-commerce skills purely by chance
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IN BRIEF
Burmese labourers: Cabinet backing for more workers
The Cabinet yesterday approved an additional quota of 10,000 Burmese migrant labourers for work in Thailand this year.
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UN experts to assist in revamp of Thai police
The United Nations (UN) will send four experts in March to assist in creating a "roadmap" for revamping the Thai police, Justice Ministry deputy permanent secretary Kittipong Kittiyarak said yesterday.
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NONG KHAI
Deportation move spurs mass suicide threat
Sudden bid to return 153 Hmong to Laos sparks wild scenes at detention centre
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LATE NEWS
Bt17 bn in BAAC aid to farmers
The Bank for Agriculture and Agricultural Cooperatives (BAAC) has provided Bt17.52 billion in soft loans to support farmers hit hard by flooding last year, executive vice president Ennoo Suesuwan announced yesterday.
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CPAC to tap retail market
Hit by a slow-down in the wholesale sector, CPAC Dsign has changed tack.
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iTV lifts proportion of news programmes
Independent television station iTV yesterday announced a reshuffle of its prime-time programming, with an increase in news and documentary content completely produced by the station.
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Fourth Tops Market opens
Central Food Retail opened its fourth Tops Market branch yesterday, targeting premium customers as the company sees no slow-down in consumer spending despite political uncertainty and a slowing economy.
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INFRASTRUCTURE
Huge budget for mega-projects this year
Seminar told government funding will be no problem in view of more favourable figures for public debt
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IN BRIEF
Bus reservations at post offices
Thailand Post has joined with Thai Ticketmaster.com and The Transport Co Ltd to launch a new service today to allow people to reserve air-conditioned bus seats in advance at 50 post offices in Bangkok.
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Shippers want port expanded
The Thai National Shippers' Council has urged the Transport Ministry to expand Bangkok Port's capacity from the current one million TEUs (twenty-foot equivalent units) per year.
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Syntec eyes rail partners
Syntec Construction is negotiating with two foreign construction companies to jointly bid for new rail-line projects, managing director Somchai Sirilertpanich said yesterday. Bidding is scheduled to open for the Red Line by the middle of the year.
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BUILDING TRUE'S BRAND
Full benefits felt by '09: Supachai
Telecom group banks on convergence, community and commercial services
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PTTEP's profit gushes 18% higher
PTT Exploration and Production yesterday said its 2006 net profit, including the earnings of subsidiaries, was Bt28.05 billion. This represents an 18-per-cent increase over the previous year's Bt23.74 billion.
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Proposed easing of controls for debentures
Fund managers have welcomed the central bank's proposed exemption of foreign investment in debentures from its 30-per-cent capital-reserve requirement when the debentures are fully hedged and registered during transfer.
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Net settlement ratio 'too low, risky'
A delegation from the Financial Sector Assessment Programme, a joint project of the World Bank and the International Monetary Fund that assesses supervision standards in financial markets, has warned that Thailand's 10-per-cent deposit for intra-day stock-market trading, or net settlement, is too low and considered risky compared with practices in other countries.
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Huge inflow puts balance of payments at new high
About US$2 billion (Bt54 billion) of net foreign capital flooded into Thailand in December alone, skyrocketing the baht to its nine-year high of Bt35.04 per dollar before the Bank of Thailand introduced its unremunerated reserve requirements on December 19.
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TURNAROUND STRATEGY
GMM Grammy enters digital age
Entertainment, music giant sees need to transform as CD sales fade
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STREET WISE
Livening up the sukiyaki scene
No proof is needed to convince Thais that the political and economic atmosphere is gloomy.
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DEBT RESTRUCTURE
Court gives approval to BTS plan
Seven secured creditors fail in bid to block Keeree's proposal
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