SOFT-DRINK MARKET
Sales surge of 16% for Sermsuk
Pepsi bottler boosted by World Cup
|
|
|
ENERGY
Oil prices to rise over US-Iran tensions
Global demand forecast to increase
|
|
|
Finance to help SMEs
German Technical Cooperation (GTZ) and Thai banks are to jointly offer services to improve financial access for small and medium-size enterprises (SMEs) to make them more competitive.
|
|
|
Jasmine starts Bt2 international calls
Internet service provider Jasmine Internet yesterday introduced an international call service, featuring a rate of Bt2 per minute if calling to 26 selected major countries.
|
|
|
Fresh look at amendments
The Commerce Ministry will today discuss revising its draft amendments to the Foreign Business Act (FBA) following the Council of State comment that the proposed changes would result in discriminatory practices.
|
|
|
Research project aims to promote biochemical industry
The Industrial Economics Office has embarked on a study project to promote the biochemical industry, aiming to look into the production process, marketing and value chain for agricultural products, starting with the tapioca flour and sugar sectors.
|
|
|
Michelin targets growing radial trend
Michelin Siam, one of the six major tyre brands in Thailand, will focus this year on its Value Plus scheme.
|
|
|
Late news :Audit committees get more power
The board of governors of the Stock Exchange of Thailand (SET) has resolved to provide greater power to the audit committees of listed companies.
|
|
|
FCI upbeat about 2007
FCI International, a Thai-owned ready-made factory construction firm, projects its revenue this year will grow by 20 per cent to Bt580 million in spite of the political turmoil and economic slowdown.
|
|
|
Semi-private forex agency suggested
Thailand needs a brand new semi-state-owned institution responsible for foreign-exchange management, so that the Finance Ministry and the Bank of Thailand may concentrate on managing the economy and inflation.
|
|
|
TPIPL targets revenue growth of 5 per cent
TPI Polene (TPIPL) has set a sales revenue growth target of 5 per cent for this year on anticipation that lower interest rates in the second half of the year will boost demand.
|
|
|
AMC's new share offering sold out
Industrial-materials and machinery producer Asia Metal (AMC) announced that its public offering of 50 million new shares had been fully subscribed and that the proceeds from the offering totalled Bt165 million.
|
|
|
Company reports
CHIANG MAI MEDICAL SERVICES announced an annual dividend of Bt1.25 a share for last year's operations, payable on May 22.
|
|
|
STOCK FOCUS
Bank of Ayudhya
SCB Securities has reiterated its "buy" recommendation for Bank of Ayudhya shares, with a target price of Bt25.20 apiece.
|
|
|
Special fund to start community businesses
The Government Savings Bank has set aside a Bt35-billion fund for lending to community enterprises as a way to increase the access of these enterprises to low-interest funds.
|
|
|
Fish firms invest in I'nesia
Thirteen companies from Thailand, China and Australia are to invest a total of US$120.5 million (Bt4.2 billion) in fishing and fish-processing ventures in Indonesia.
|
|
|
Value-added services big money-spinners for DTAC
Total Access Communication (DTAC) has targeted a 40-per-cent revenue growth in value-added services this year, up from about Bt5.7 billion last year.
|
|
|
IN BRIEF
Tourism :Contract helps settle tour dispute
Illegal travel agents will damage Thailand's tourist industry, because tourists have become disappointed with failures in such services.
|
|
|
Shin Corp's executives get ready for a shake-up
Thailand's largest telecom holding company, Shin Corp, is preparing to appoint a new top management team as part of a plan by chief executive Boonklee Plangsiri to adopt a low profile and pave the way for his successor.
|
|
|
Finance Ministry urges simpler capital outflows
The Finance Ministry has suggested to the central bank that it allow capital to flow out of Thailand more easily and so reduce continuing upward pressure on the baht, which strengthened to a new nine-year high of Bt34.80 against the US dollar yesterday as exporters persisted in selling dollars.
|
|
|
ANALYSIS
No stopping the rising baht
Every time the baht strengthens to new records, Thai officials jump in knee-jerk reactions. But the Bank of Thailand (BOT) will not be able to arrest the currency's rise at this juncture, because its policy has produced a contrary effect by promoting a stronger baht.
|
|
|
Ceva Logistics begins operations in Bangkok
Apollo Management, the Dutch-based private-equity company that acquired TNT Logistics last December, yesterday officially opened its local operation in Bangkok.
|
|
|
STREET WISE
The case of the missing balls
For years, Klong Thom has been a major market for second-hand and super-cheap first-hand merchandise.
|
|
|
Mutual loathing
The road to online trading is a rocky one littered with so much needless bureaucracy and
legwork that you might just give up
|
|
|
Back from bust
The financial meltdown of 1997 took Sanpat Sopon from being a Bt40,000-a-bottle wine gourmet to saving the last satang
|
|
|
