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Thu, March 29, 2007 : Last updated 19:57 pm (Thai local time)



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BANK DEAL

Nova Scotia takes stake in Thanachart

24-per-cent plan is 'worth Bt7 billion'



INSURANCE

Saha Life gets new chairman

Commerce Ministry sends official to manage firm until partner can be found



PROPERTY

Check buyers' credit, firms are urged

Banks reject 30% of presales purchasers, seminar is told



Architect finds his blueprint in 'alive' Bangkok

American David Mayer has turned a money-losing karaoke lounge in Siam Square into a pioneering design studio that may be a step ahead of the crowd back home - and he's loving every minute



S2Y stock tumbles as ban takes effect

Stock in teen-culture information-technology (IT) company Siam2you (S2Y) slumped almost 30 per cent yesterday, following a ban on intra-day and margin-loan trading for 30 trading days imposed by the Stock Exchange of Thailand (SET).



Fitch: Thailand's power sector stable as demand grows

Fitch Ratings says the outlook for the power sector is stable, thanks to steady demand growth supported by relatively low per-capita energy consumption, limited competition and a stable regulatory environment.



Chalongphob: Slower growth ahead

Finance Minister Chalongphob Sussangkarn yesterday conceded that economic growth this year would be below potential.



KBank speeds up wholesale lending

Kasikornbank, the country's fourth-largest bank, has been forced to accelerate its wholesale lending after its first-quarter performance fell short of target.



Petroleum Industry

Rayong Refinery signs Bt7-bn loan agreement Rayong Refinery has signed a Bt7-billion loan syndication agreement with six banks: Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, Siam City Bank, TMB Bank and Government Savings Bank.



Phuket beckons as the first resort for bartending skills

The Phuket Bottle Slinger Club has announced plans to make Phuket a regional hub for bartending competitions, hoping to build upon the area's global reputation as a travel destination.



Superstores for offices

Makro Office Centre hopes to open two office-supply superstores at a cost of Bt20 million each in Bangkok and another major city this year while working on renovating its existing 20 branches.



Post in JV for website on job matching

Post Publishing is teaming up with Israeli-based Redmatch to launch a new online job-matching website.



Survey shows slight rise in consumer confidence

The current unfavourable economic situation has led to a rise in the business of marketing-research firms, as companies face higher risk in making business decisions and need deeper marketing information to plan precise marketing strategies.



Bright future for Sylvania

Despite the baht's strength, the country's second-biggest lamp and light-fixture manufacturer, Sylvania (Thailand), expects exports to rise 10-20 per cent this year.

LATE NEWS

Shippers asked to pay in dollars

The Thai National Shippers' Council yesterday asked all shippers operating in Thailand to pay freight fees in US dollars instead of baht to reduce exporters' costs.



CPF set to take on world

Charoen Pokphand Foods (CPF) has earmarked Bt1 billion to make CP a global brand in five years.



Korn questions telecom changes

Democrat Party deputy secretary-general Korn Chatikavanij said that to ensure public benefit the government should not hasten the processes of amending the telecom laws and creating a telecom network pool.



CP to boost rice exports

CP Intertrade, a trading arm of the CP Group, has launched a three-year plan to spend Bt2 billion to boost its average rice exports to 1 million tonnes a year.



Car-care operator rebrands, expands

Carlac (Thai-German), operator of one-stop car-care services under the "Car-Lack 68" brand, has upgraded its franchise business with a new name - "Moly Care by Car-Lack 68" - in a bid to expand its customer base into the international market.



Oil refiners will be forced to use biodiesel

The Energy Ministry will force all oil refiners to mix biodiesel with diesel, to boost biodiesel consumption by 500,000 to 1 million litres a day.

ENERGY

Ministry resists pleas over oil prices

Policy to focus on cutting consumption

STREET WISE

Precious play time in peace

This story came from our award-winning photographer, Kittinan Rodsupan, who accompanied the military to visit the conflict-prone district of Saba Yoi in Songkhla.



New lease for store on hold

The National Legislative Assembly's Transport Committee has instructed the State Railway of Thailand (SRT) to delay renewing the ground lease for Central Lat Phrao shopping complex.



Thai industries back Japan trade deal

Key Thai industries are fully behind the government's plan to ink the Japan-Thailand Economic Partnership Agreement (Jtepa) early next month, saying it would increase the country's exports by 25 per cent and also increase investment, which has been sluggish since 2001.



VN to host landmark meeting

More than 60 Thai businessmen will join hundreds of regional business leaders at a landmark conference on Vietnam's economic take-off on April 23 in Ho Chi Minh City, Vietnam.



China's TCL puts off plan for new plant

TCL Electronics (Thailand), a Chinese manufacturer of electrical appliances, yesterday announced that it would freeze this year's investment in a new white-goods factory in Thailand.

ANALYSIS

Govt misses an opportunity by stumbling over retail-business law

The interim government has missed a big opportunity to create a level playing field in the retail and wholesale business.






Top Stories



BOT urges dealers to buy dollars

BOT's forex directive stuns banks

Council of State suggests changes

NGOs seek to delay signing of Thai-Japanese pact

Middle to upper condos face oversupply this year


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