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Fri, March 30, 2007 : Last updated 21:47 pm (Thai local time)



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AOT to resolve King Power row in a year

Airports of Thailand (AOT) plans to resolve conflicts stemming from the nullification of its partnership with King Power International in no more than a year, to mitigate the impact on its revenues, says acting president Kulya Pakakrong.




Mos Burger ready to take Thailand by storm

Japan's Mos Food Services will spend Bt90 million to set up 12 Mos Burger quasi-fast-food, quick-service restaurants in Thailand within the next three years, targeting high-end customers.





Hana gets more productive

Hana Microelectronics, a leading regional manufacturer of electronic components, has spent US$35 million (Bt1.22 billion) to upgrade plant productivity in an effort to cope with the baht's appreciation, which has cut deeply into its dollar-denominated revenues.



AP BUILDS UNITS ON SOI SOMKID

Studio apartments sell for Bt4.1 million



WTO will rule in Thai shrimp row

Thailand has filed its first submission against the United States with the World Trade Organisation (WTO) dispute-settlement body, accusing Washington of unfair trade practices by slapping an anti-dumping duty on Thai shrimp.



Set up business in Cambodia

Businessmen should leverage the baht to set up operations in Cambodia, the Thai Foreign Trade Department said yesterday.



Spa defies space

Designer Chatree Cholprasertsuk gives Sofitel Central Plaza's cramped facility a bright and roomy feeling through the careful use of natural textures, white colour and indirect light



Cross-stitch company finds market among teenagers

There appears to be a growing trend for teenagers to pick up handicrafts as a worthwhile hobby, and Thailand's market leader in do-it-yourself handicrafts, Art and Technology, maker of PINN brand cross-stitch and needlecraft kits, has decided to cater for creative teenagers by providing special designs in what it sees as a new niche market.



Quality key to survival

Handicraft firm has slashed jobs and production costs but is confident the original design of its 'saa' items will beat rivals



Time and speed of the essence

Herbert Vongpusanachai, the new head of DHL's express service, finds high technology helps to maintain family life as he juggles work across four countries

LATE NEWS

'Brand China' mark guarantees quality

China has created "Brand China" as a guarantee mark to upgrade its export goods to global markets.



US Chamber: Thai policies may jeopardise

The US Chamber of Commerce recently released results from a new survey of 234 business executives from across five continents showing Thailand's new economic policies and poor intellectual-property safeguards could be jeopardising international investment.



Puriku unveils fruity white tea

TC Pharmaceutical Industries, manufacturer of Puriku ready-to-drink white tea, yesterday launched its first sub-brand - Puriku Fruit White Tea - to appeal to younger customers.



Tax breaks for plants that cut pollution

The Board of Investment (BoI) yesterday approved tax in-centives to industrial plants which embark on environ-mental protection as a way of encouraging investment to reduce pollution.

TELECOMMUNICATIONS

Probe is ordered into AIS call trial

NTC to look at 'unfair' acts against CAT



R&D centre and foreign partners for lighting firm

Lighting and Equipment (L&E), a locally listed manufacturer of lighting products, will set up its first research and development centre by the end of next month as part of its plan to differentiate its products and improve value.

IN BRIEF

Agricultural Land Reform Office

Economic zones extended to 36 provinces



Don't be pushy on biodiesel: Toyota

Toyota Motor Thailand has voiced concerns over the Energy Ministry's plan to launch a compulsory measure to promote biodiesel, saying that the state should wait until raw material supplies are stable and biodiesel standards have improved.

AUTO INDUSTRY

Struggling firms pin hopes on capital show

After 20% sales plunge, carmakers look for exhibition boost



Ascon looks at residential market

Ascon Construction is talking to the Nusasiri Group about entering into a joint venture as part of its strategy to expand into residential development.



Economy expected to rebound after rate cut

The economic slowdown is expected to bottom out in the first quarter of this year as economic indicators indicate, according to the Finance Ministry's senior official.



Political uncertainty halts BTS talks with partners

Bangkok Mass Transit System (BTS) has decided to postpone negotiations with its new strategic partners - which will hold about an 80-per-cent stake in the Skytrain firm - due mainly to political uncertainty.



Muang Thai in SME bid

Muang Thai Insurance plans to target small and medium-sized enterprises (SMEs) and expats, as slowing growth in car sales has made it difficult to increase its auto business.

BANKING SECTOR

Scotiabank seals Thanachart deal 24.99% stake agreed for Bt7.1 billion

Scotiabank has reached an agreement to acquire a 24.99-per-cent stake in Thanachart Bank, Thailand's eighth-largest bank in terms of assets, with an option to buy additional shares for a 49-per-cent stake by the end of this year.

STREET WISE

Kissing billions goodbye

Thais love gambling. Statistics from the University of the Thai Chamber of Commerce show that half of the population bought state lottery tickets over the past year.

FISCAL POLICY

BOT set for green light on bonds

Move expected to help stabilise the baht






Top Stories



BOT's forex directive stuns banks

Council of State suggests changes

Architect finds his blueprint in 'alive' Bangkok

Middle to upper condos face oversupply this year

Mos Burger ready to take Thailand by storm


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