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Sat, February 3, 2007 : Last updated 23:27 pm (Thai local time)



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RETAIL

Suspicion giants may be leaning on suppliers

Pressure for lower prices could violate the guidelines



KASIKORNBANK

NPLs 'to fall to Bt10 bn this year'

Lender believes it can lower bad loans to just 1% under new classification rule



LATE NEWS

iTV appeals for justice over debt

Broadcaster iTV yesterday appealed to Prime Minister Surayud Chulanont for justice over the debt crisis threatening its existence.



Ford mulls $1-bn investment in Thailand

Ford Motor Co is still considering Thailand as its location to establish a US$1-billion (Bt35.8 billion) small-car production facility in Asia, a spokesman for a regional unit based in the country said yesterday.



Unlicensed trading suspected

The Securities and Exchange Commission, the Agricultural Futures Trading Commission and the police yesterday named three companies suspected of conducting unlicensed oil-futures trading.



AOT seeks chief to handle airport crisis

Airports of Thailand will soon set up a selection committee to find a new president with the ability to tackle the problems at Suvarnabhumi Airport.



Kingdom 'has potential for education hub'

In an address at the opening ceremony of the Thailand Inter-national Education Exhibition 2007 at the Queen Sirikit National Convention Centre, Commerce Ministry permanent secretary Karun Kittisataporn said Thailand has a high potential to be the international education hub of Asia.

IN BRIEF

exports

Garment-makers warn that dearer transport will cut competitiveness The Thai Garment Manufacturers' Association has said the country's logistics costs will jump to 23 per cent of total Gross Domestic Consumption this year from 19 per cent last year.



Varopakorn signs 10-year auto-fin deal

Varopakorn plans to set up a Bt100-million manufacturing line for automobile fins this year, with sales of the new product expected next year to reach Bt100 million.



Comeback for Spy Cocktail

Siam Winery Co, the maker of Spy Winecooler, is backing the re-launch of Spy Cocktail with a Bt200-million marketing campaign this year.



Biomass plants to get higher rates

The National Energy Policy Council yesterday approved an adder rate for power purchase from small biomass-fuelled plants of up to 30 satang per unit for seven years to promote renewable-energy consumption.



Worry firms may misread forex picture

The Bank of Thailand is concerned that some exporters might believe that the baht in the onshore currency-exchange market will appreciate as much as the baht in the offshore market and rush to sell off their dollars, creating more upward pressure on the local currency.



Kingdom to host summit on air traffic

Thailand is to host the Civil Military Air Traffic Management Summit (CMAC 2007) from February 26 to March 1.






Top Stories



Bringing back the tourists

Leaders see rocky road for business

Rate disparity offers baht arbitrage scope

Car exports rise by 22 per cent

Telecom firms pour billions into expansion


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