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Sat, March 3, 2007 : Last updated 19:20 pm (Thai local time)



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FINANCE MINISTER

Woo back business, PM urged

Names fly as Cabinet reshuffle looms



SET MEASURE

Two firms suspended from trading

Safari, Siam General Factoring in trouble





Nok Air moves all flights early

Nok Air will shift all of its 58 daily flights from Suvarnabhumi Airport back to Don Muang on March 24, one day ahead of the latter airport's official reopening.



Condo drives doubling of profits

Property firm Krisdamahanakorn announced total revenue of Bt1.6 billion last year for double growth from Bt789.18 million in 2005, which it says is a better record than other property firms in the market.



Exporters ditch foreign-currency holdings

Exporters yesterday rushed to offload their foreign-currency holdings on concerns that the Bank of Thailand's decision on Thursday to maintain capital controls would cause the baht to appreciate.



Five-point strategy to hit 12.5% export target

To ensure that exports hit the government's target of 12.5-per-cent growth to US$145.9 billion (Bt5.16 trillion) this year, the Commerce Ministry and a joint public-private committee yesterday came up with a five-point strategy.

IN BRIEF

Rice :Price increases Bt100 for crop pledging

Amid rising demand for rice this year, the Rice Policy Committee yesterday announced it would increase the rice price of the government's second crop-pledging programme by Bt100 per tonne.



Thailand ranks 43rd in tourism index

Thailand is ranked 43rd in a new Travel and Tourism Competitiveness Index (TTCI), behind South Korea, which is ranked No 42, while Switzerland, Austria and Germany have the most attractive environments for developing the travel and tourism industry.



Prantalay targets Bt1-bn sales with dried seafood

Prantalay Marketing, manufacturer and distributor of frozen seafood products, is expanding into dried seafood in a bid to boost its sales to Bt1 billion this year.



Vanachai targets 20% market share for new panelling line

Vanachai Group, a manufacturer of wood-based panels, hopes its Vanatur brand of ready-made laminated panels will gain a 20-per-cent share of the Bt1.5-billion domestic market within a year of its official launch yesterday.



Committee to conduct feasibility study on nuclear plant

The National Energy Policy Council has resolved to form a committee to conduct a feasibility study for the construction of a nuclear power plant in Thailand.



Dabur Pharma buys Thai distributor

Dabur Pharma, one of India's largest manufacturers of anti-cancer drugs, yesterday announced the establishment of its first wholly owned subsidiary in Bangkok.



Thai firms 'must go on global offensive'

The Boston Consulting Group (BCG) has suggested Thai firms go on the offensive if they want to compete successfully in the global market.



Charlotte leaves BAY for entertainment

Charlotte Dhonavanik has resigned as Bank of Ayudhya (BAY) chief business-marketing and public-relations officer following its acquisition by GE Group, which resulted in big changes in the bank's management structure.

STREET WISE

FSG interested in two rail lines

FSG Flagship Maglev Thailand has shown an interest in bidding for parts of the Blue and Purple electric-train projects and is prepared to serve the lines with a magnetic system.






Top Stories



Khao Lak stricken by staff, water shortages

Ministry calls for big cut by BOT

Bank of Thailand now ranks thirdamong Asian peers

Bt1-billion penthouse bonanza

Bangkok Metro puts off train purchase


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