TELECOM INDUSTRY
CAT seeks cut in Bt700m licence fee
Regulator asked to return portion so that it can be used for business expansion
|
|
|
Pollution case delays oil refinery
Rayong Purifier has delayed plans to build a new Bt3-billion oil and petrochemical refinery in Rayong's Map Ta Phut, following the Industry Ministry's move to suspend new investment in the area pending a pollution study that is expected to be completed in the first quarter.
|
|
|
Siam-Jusco opens two new branches
Siam-Jusco, operator of Jusco Department Store, is reinvesting in Thailand to open two new branches this year after its debt-restructuring plan worth Bt3.2 billion was completed this year.
|
|
|
Rice packers' prices spark ire
The Thai Rice Packers Association yesterday filed a complaint with the Commerce Ministry that retail giants had forced them to sell products at unfairly low prices so as to draw more customers.
|
|
|
Bangkok Airways to launch new routes
Bangkok Airways will commence flying new routes within the next two months, half of them operating from Phuket and Chiang Mai, whose airport costs are lower than at troubled Suvarnabhumi.
|
|
|
TC Union launches products
TC Union Global, a manufacturer of food supplements and hangover relievers, plans to introduce three new product lines this year, focusing on stimulating consumer spending in the present economic slow-down.
|
|
|
PTT inks wind deal
Energy giant PTT has inked a deal with a Japanese company to begin studying the possible development of the Kingdom's first large wind-power project.
|
|
|
Seminar: Restructure ag sector
Government officials and exporters believe Thailand needs to restructure its agricultural sector in a bid to maintain export competitiveness in the face of rising non-tariff barriers imposed by importing countries.
|
|
|
LOGISTICS NETWORKS
Investment plan is fast-tracked
New rail-link projects to be high on the agenda
|
|
|
Nation Broadcasting: 'In the news field, we're the real player'
Nation broadcasting, the television unit of the Nation Multimedia Group, yesterday announced its 2007 business strategy of strengthening its core positioning as a 24-hour news station.
|
|
|
Malaysian wedding adviser eyeing Thailand
Wedding and event-planning company Concept Wedding and Events is looking to spread its wings and has identified Thailand, Vietnam and Indonesia as potential markets.
|
|
|
Australians divided over prawn 'danger'
Australian prawn producers and importers are slugging it out over the disease threat posed by imported raw prawn meat, including Thai shrimp.
|
|
|
Joint move on counterfeit goods
Major foreign computer manufacturers and distributors in Thailand have joined forces with police to crack down on counterfeit goods in Bangkok, with more than 1,000 items seized worth more than Bt1 million.
|
|
|
Home-builder revamps to meet diverse demands
Built-to-order home-construction firm Four Pattana has restructured its group by establishing four new companies to cover seven aspects of its business, including building houses priced at Bt5 million and up, building houses for less than Bt5 million, home decoration, interior design, gardening, distribution of construction materials and media.
|
|
|
In Brief :Thai Bev Tower project sold
Thai Beverage expects to reap a profit of Bt131.86 million from the sale of its Thai Bev Tower project to TCC Hotel Collection, a company also owned by Charoen and Wanna Sirivadhanabhakdi.
|
|
|
GE coining it abroad
Revenue from non-US sources is expected to overtake that generated in the firm's home country for the first time this year
|
|
|
iTV seeks injunction
Embattled broadcaster iTV will seek an injunction from the Central Administrative Court today against a PM's Office demand for repayment of an almost Bt100-billion debt.
|
|
|
MONETARY POLICY
BOT 'is facing bond burden'
Policy of weakening baht has massive cost, says source
|
|
|
PTT predicts revenue expansion of 10%
PTT expects its 2007 annualised revenues to expand 10 per cent, due mainly to increased demand for natural gas and a substantially higher refining margin above US$6 (Bt214) per barrel, said president Prasert Bunsumpun.
|
|
|
IPP bidders will not be required to specify their fuel source
Independent power producers (IPPs) will not be required to specify the type of fuel to be used at their new power plants in the upcoming IPP bidding, since the government is apparently trying not to provoke protests from local anti-coal groups and environmentalists.
|
|
|
STREET WISE
Must do better: businessmen
One thing that impressed business circles when the Surayud government was formed was the appointment of men with proven credentials to the economic team. One was Krirk-krai Jirapaet, who was appointed commerce minister.
|
|
|
Company reports
BUALUANG SECURITIES announced an audited 2006 net profit of Bt232.66 million, or Bt1.29 a share, up from Bt136.51 million, or 79 satang a share, in 2005.
|
|
|
STOCK FOCUS
Sahamit Machinery
Trinity Securities has placed a "buy" rating on Sahamit Machinery shares, with a price target of Bt2.70 apiece.
|
|
|
Auto giants block sales to SCB Leasing
Two giant Japanese carmakers have blocked their dealers from selling vehicles to a Siam Commercial Bank subsidiary, which they claim sold on cars to customers in contravention of trading agreements, revealed a unnamed banking source.
|
|
|
Dragon One revises share offer strategy
Dragon One has revised its strategy for a new share allocation, opting for both a rights offering and private placement rather than just private placement, which it planned earlier following poor responses to recent share offers.
|
|
|
Insurer set to pay dividends
Siam Commercial New York Life Insurance (SCNYL) will resume paying dividends to shareholders for the first time in 10 years, contingent on board approval.
|
|
|
