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Tue, March 13, 2007 : Last updated 20:16 pm (Thai local time)



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FOREIGN BUSINESS ACT

Govt urged to consider an amnesty

Move is 'needed to restore confidence'



BROADCASTER CONTROVERSY

iTV's financial statements coming under scrutiny

SEC wants independent audit following claims of unfair accounting practices



TELECOMS

Numbers set to go mobile

Phone users may switch networks and keep same digits



Budget carriers set to up seat capacity 230%

The Centre for Asia-Pacific Aviation predicts Asia-Pacific and Middle East low-cost carriers (LLCs) will expand seat capacity by more than 230 per cent by 2012, or about 40-50 per cent growth annually over the next five years, it says in its recent "Outlook 2007" report.



MXM on expansion drive into Thailand

MXM International - previously known as MGM International - has embarked on aggressive expansion plans to boost revenues.



World rice trade soars

The volume of rice traded around the world is expected to reach a new record figure of 29.2 million tonnes this year, due to high demand and low stockpiles, according says the Foreign Trade Department.



In brief :Asean garment federation convenes in Vietnam

The 20th plenary session of the Asean Federation of Textile Industries (Aftex) took place in Hoi An, Quang Nam province, last Friday, reports the Vietnam News Agency.



Quirky, fun and camp planes win design gong

Taiwanese airline Eva Air's quirky Hello Kitty jets have won "Best Livery" in Wallpaper magazine's Design Awards 2007.

SECURITISATION

Investors rush to back GHB plan

Bank seeks new sources of funding both locally and abroad for operations and borrowers



India backs rail route linking Asia to Europe

India has decided to participate in a trans-Asian rail project that will connect vast parts of Asia and Europe and boost trade and tourism.



Appliance discounts to boost air travel

Thai Airways International (THAI) has joined forces with electrical-appliance manufacturer LG Electronics to launch the marketing campaign "Cool Summer Holidays", offering discounts on home appliances for buyers of THAI's Euang Luang holiday packages.



Egat board backs study of Bt14-bn Lao plant

The board of the Electricity Generating Authority of Thailand (Egat) has approved the state enterprise's plan to study a possible joint investment with the Lao government in the Nam Ngieb power plant.

INDUSTRIAL GROWTH

Thailand may fall short of target forecast

FTI blames strong baht and 'unstable' policies for falling wide of the mark



Late news :PTT to raise petrol prices

PTT will raise oil prices 40 satang, effective 5am this morning, due to a hike of US$2 to $3 (Bt71 to Bt106) in global oil prices.



Bt11.4-bn loan sought to erase BMTA debt burden

Transport Minister Theera Haocharoen plans to ask his Cabinet colleague in the Finance Ministry for an Bt11.4-billion loan to wipe away the debts at the Bangkok Mass Transit Authority (BMTA).

ANALYSIS

Acronyms signal Pridiyathorn's exit

Former deputy prime minister and finance minister MR Pridiyathorn Devakula seems to have adopted a method of inventory accounting called first-in first-out (Fifo) to determine his latest span of employment.



Electronics firm Tatung hopes name change will woo Thais

Taiwanese electronics manufacturer Tatung yesterday introduced its first-ever sub-brand for the Thai market after it found its current name was unpopular with the Kingdom's consumers.

STREET WISE

Heartburn for the cool old guy

With the departure of MR Pridiyathorn Devakula as economic chief, Deputy Prime Minister and Industry Minister Kosit Panpiemras has taken over more extensive responsibilities.



Constructors unfazed by cut in train routes

Construction firms say they will not be critically affected by newly appointed Finance Minister Chalongphob Sussangkarn's announcement that the government will initiate only one or two electric-train routes.



IFS Capital to seek SET listing

IFS Capital (Thailand) is poised to seek a listing on the Stock Exchange of Thailand (SET) in the fourth quarter and has appointed Seamico Securities as its financial adviser for the initial public offering, IFS chief executive Tan Ley Yen.



Strong baht stunts marine insurance

With the baht appreciating by around 17 per cent against the US dollar last year, Sri Muang Insurance has reported only single-digit growth in marine insurance for the first time in several years.



Company reports

PICO THAILAND reported a consolidated net profit of Bt5.99 million for the first quarter ending January 31, down sharply from Bt15.02 million in the same period the year before.

STOCK FOCUS

Sansiri

KGI Securities has lowered its rating on Sansiri shares to "underperform", with a revised target price of Bt2.90 apiece.



Spas must spur ahead or fall by the wayside

It's not that easy to launch a new business while the economic outlook remains sluggish and political uncertainty continues, but if business operators adopt a series of aggressive marketing strategies, the crisis might turn into an opportunity.



A canny investor

Ex-finance minister Thanong Bidaya has a simple but highly successful personal investment strategy



Sport-mad scientist

NSTDA head Sakarindr Bhumiratana believes in working hard and playing hard, even if it does mean tennis games that go on till midnight






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Govt urged to consider an amnesty

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A real-estate survivor's tale

AIS first with 'cutting Edge' technology


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