PETROLEUM
PTTEP proves its potential abroad
Despite slim odds, drills 10 fields in Oman, strikes oil in each
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Highways Dept told to speed up motorway plan
The Transport Ministry has told the Highways Department to hurry through a proposed motorway development plan, so projects can be carried out under the budget for the 2008 fiscal year.
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BOT 30% rule boosts bank currency trading
The Bank of Thailand's capital-reserve requirement has had a positive impact on Kasikornbank's treasury business, bank president Prasarn Trairatvorakul said last week.
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AIRPORT GM'S PRIORITIES
Safety and service first
Safety and service are the top priorities of newly appointed general manager of Suvarnabhumi Airport Serirat Prasutanond.
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STREET WISE
No oil poured on these waters
Anything new entails a surprise, followed by joy or, for some, sorrow.
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SEC fines AIA for breaches in managing fund
The Securities and Exchange Commission has fined American International Assurance (Thailand) Bt443,250 over regulatory breaches in the management of its provident-fund portfolio.
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CORPORATE GOVERNANCE
Listed SMEs might find cost too high
SEC open to changes in draft law: source
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Ministry cracks standards whip
The Industry Ministry will introduce Community Management Standards for improving and certifying a community operator's management system next month. Formerly known as Otop (One Tambon One Product), this project is now know as "community products".
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Siam@Siam upbeat on hotel sector
Siam@Siam Design and Spa Hotel believes the political turmoil will not hurt the lodging business and expects to earn revenues of Bt170 million in its first year of operation.
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Bangkok voted tops in Asia for leisure trips
Bangkok has been voted Best Leisure DestinAsian City and The Oriental Bangkok the DestinAsian Best Hotel Bangkok according to a poll by Readers' Choice Awards, organised by DestinAsian, a luxury travel and lifestyle magazine.
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Mutual funds 'likely to grow more slowly'
Kasikorn Research Centre (KResearch) thinks the investment atmosphere in the capital market this year will remain marred by numerous uncertainties amid concerns about the political situation and government policies that continue from last year.
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Putting their best foot forward
With American footwear im-porters looking to diversify away from low-cost Chinese products, Vietnamese firms can grab a share of the lucrative market if they focus on improving quality, industry insiders said.
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High-Speed Packet Access 'to drive growth'
Advanced broadband cellular technology called High-Speed Packet Access (HSPA) will drive the growth of the Asia-Pacific telecom market, according to Jan Signell, Ericsson's president for the region.
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