SURGING BAHT
BOT watching banks' forex trading
Local and foreign banks told to report net positions every day
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Middle to upper condos face oversupply this year
The middle-to-upper condominium market has shown a trend of oversupply due to a predicted low growth in demand this year and throughout next year, according to a research report by Raimon Land's Condominium Focus Thailand yesterday.
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Bt50m upgrade for forging plant
After acquiring KPN Automotive and renaming it AAPICO Forging last month, AAPICO Hitech will invest Bt50 million this year to improve its forging plant to meet customer demand, said president and CEO Yeap Swee Chuan.
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Late news :Egat to issue Bt14 bn in bonds later this year
The Electricity Generating Authority of Thailand (Egat) will issue bonds worth Bt14.5 billion in the second half of the year, expecting its financial burden to fall in line with lower interest rates.
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New exhibition-management degree on offer
UFI, the global association of the exhibition industry, has launched its new exhibition-management degree (EMD) in Thailand.
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DIGITAL CAMERAS
Rivals ready to do battle
Canon and Panasonic bid to topple giant Sony
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Kiatnakin Bank may seek foreign partner
Kiatnakin Bank may acquire a foreign strategic partner to support the small bank's business expansion, said chairman Supol Wattanavekin.
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SET paves way for brokers in banks
The Stock Exchange of Thailand (SET) is revising its regulations to encourage stockbrokers to open new branches within branches of commercial banks.
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SAT confident of huge Japan deal
Automotive parts manufacturer Somboon Advance Technology (SAT) aims to win an order worth Bt8.4 billion, culminating in growth of 10 per cent this year. It also plans to establish a steel-processing plant.
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Company reports
CH KARNCHANG's board approved the sale of not more than 5,567,371 ordinary shares in Pathum Thani Water to Thai Tap Water Supply, which would represent not more than 46.39 per cent of the decreased registered capital. The price will be no less than Bt332 a share for a total amount of not less than about Bt1.85 billion.
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STOCK FOCUS
Home Product Centre
Kim Eng Securities (Thailand) has maintained its "buy" recommendation on Home Product Centre shares, with a fair value of Bt6 apiece.
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CAT fights over calling service
Advanced Info Service (AIS) has denied charges by CAT Telecom that its international-call subsidiary, Advanced International Network (AIN), used unfair practices in a trial of its service earlier this month.
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Biotechnology crops 'vital for productivity'
The adoption in Thailand of biotechnology-enhanced crops is essential for stabilising the country's productivity, making it more competitive in regional and global markets, and helping to alleviate poverty, according to a top-level report commissioned by the Science and Technology Ministry.
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RETAIL MARKETING
Siam Centre operator to boost loyalty
Membership programmes aimed at customers, new and old
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Institute switches to machinery
The Thai-German Institute will undergo a technology upgrade this year as it shifts from a focus on developing human resources to machinery.
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Thailand viewed as Asean logistics hub
Major container terminal and logistics operators from China are eager to promote trade between that country and Thailand and are viewing the Kingdom as a centre from which China can distribute its products to the wider Asean market.
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LOCAL BREWING INDUSTRY
Eleventh-hour warning on alcohol law
Lawmakers need to ponder three main issues when considering proposed laws to control alcohol consumption in Thailand, or they could pose unfair practices to operators in the alcohol industry as well as opening channels for bribery, an alcohol company executive warned yesterday.
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Paint firm expects lower sales
Paint manufacturer TOA Paint (Thailand) has revised its annual sales target downwards, from Bt8.4 billion to Bt8 billion, following meagre growth in purchasing power in this year's first quarter.
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King Power set to face AEC probe
King Power International is likely to face a probe by the Assets Examination Committee (AEC) for alleged intention to violate the Public-Private Joint Venture Act and other laws, though the company yesterday rejected the accusations and told its 60 shop operators to go on with their business as usual.
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STREET WISE
Channelling the talisman-makers
Now that so many are claiming the rights to the "Jatukam" Deva talisman, the Intellectual Property Department is warning violators who want to cash in on the phenomenon.
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Hotel and elephants
From being a regular historical-site visitor and foreign-language enthusiast, Bilaibhan Sampatisiri is a businesswoman who has also assumed titles at several associations - something she does for relaxation
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