CHINESE RESTAURANTS
Shanghai Food in expansion mode
Premium outlets, express kiosks in Bt200-million, three-year plan
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Rise in steel prices expected to boost Asia Metal
Asia Metal expects revenues to grow 10 per cent this year to Bt5.5 billion on anticipation of an increase in steel prices, says managing director Chusak Yongvongphaiboon.
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Quarterly economic assessments planned
The Comptroller General's Department and the University of the Thai Chamber of Commerce will launch quarterly economic assessments of the four regions of Thailand, Finance Ministry deputy permanent secretary Utid Tamwatin said yesterday.
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Money Expo Korat rakes in Bt10.51 bn
Financial transactions conducted at Money Expo Korat 2007 came in at more than Bt10 billion, with housing loans representing over Bt6 billion.
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Company reports
ASIA FIBRE reported a net loss of Bt8.69 million for the second quarter ending December 31, down from a net loss of Bt14.91 million in the same period a year earlier.
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STOCK FOCUS
Charoen Pokphand Food
KGI Securities (Thailand) has maintained its "outperform" rating on Charoen Pokphand Food (CPF), with a revised target price of Bt5.50 per share.
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New funds to focus on small properties
Commercial real-estate services firm CB Richard Ellis forecasts that new property funds in Thailand will be set up with a mix of small-sized properties as underlying assets.
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Failed motor stops Banpu coal shipments
A failed winch-brake motor at its main port facility on the Indonesian portion of Borneo has led Thai coal producer Banpu to declare force majeure - unforeseeable circumstances preventing it from fulfilling contracts.
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Pattaya to host the 46th ICCA congress in October
The International Congress and Convention Association (ICCA) has announced that Thailand will host its 46th Annual Congress 2007, which targets more than 800 delegates from 80 countries and hopes to generate Bt70 million.
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SVOA sees healthy laptop market growth
IT product maker and distributor SVOA is upbeat about the growth of the laptop computer market this year, despite a slow-down in the economy.
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IN BRIEF
Celebrity status :All eyes on Natalie Glebova as Better Vision ambassador
The Better Vision Group has set aside Bt15 million for Natalie Glebova, Miss Universe 2005, to act as the optical chain's brand ambassador and presenter.
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Battery firm has rethink
Thai Storage Battery, manufacturer of 3K-brand auto batteries, is postponing new investment plans worth an accumulated Bt500 million to Bt600 million, due to the sluggish economic and political outlook.
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Limo company upgrades ride for passengers
The Limousine Express Group has improved its service to boost demand, says president and CEO Zadok Lempert
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First rice bidding meets with good response
Rice traders queued at the Commerce Ministry yesterday to join the first rice bidding of the year, aimed at solving domestic shortages caused by low supplies.
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THAI, Airbus agree on compensation deal
Thai Airways International (THAI) yesterday concluded a deal to buy eight A330-300 aircraft from Airbus Industries with a US$10-million (Bt358 million) discount for each, says a board member.
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Chinese New Year stands to generate Bt31.8 bn
Consumers are expected to spend Bt31.8 billion during the Chinese New Year period, which starts on Sunday, up 7.8 per cent from the more than Bt29.5 billion spent last year, says a survey by the University of the Thai Chamber of Commerce.
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GENERAL ELECTRIC
GE unfazed by rule changes
US giant takes 30% rule, business-law amendments in its stride
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Late News :Egat gets Cabinet nod to resume power auctions
The Cabinet yesterday allowed the Electricity Generating Authority of Thailand (Egat) to resume auctions launched while it was a state company
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ANALYSIS
'The China factor' now looms over Thailand
The pace of economic change in Thailand has accelerated as economic and competitive threats from China have become more pervasive, and Thai policy-makers and observers have recently begun voicing their concern about a phenomenon that economists call "the China factor".
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Vehicle sales slump 23% in January
Thailand's vehicle market has taken a severe blow from the slump in consumer confidence, with sales in January falling 23.4 per cent from the same month last year
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2007 CEMENT MARKET
Siam City predicts a flat year
Delay in mega-projects partly to blame
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Black Canyon targets Indian market
Black Canyon (Thailand) expects to expand into India early next year with its Black Canyon coffee-shop brand.
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STREET WISE
A star is born in safety-pin dress
Who could blame Chotiros Suriyawong, the young actress, for "going commando" at Friday's Subhanahongsa Awards?
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Reducing the risk
TestCar, Thailand's first company offering a comprehensive test of second-hand autos, takes away much of the worry for buyers of either 2WD or 4WD vehicles
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