ADVANCE AGRO
AA to build Bt12-bn paper plant
New facility will lift annual capacity to one million tonnes
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BAM turns focus on the provinces
Bangkok Commercial Asset Management (BAM) has revealed an aggressive marketing plan directed at the provincial market, hoping it will contribute Bt5 billion in asset sales this year.
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Local banks post mixed 1st-quarter performance
Siam Commercial Bank and TMB Bank posted lower net profits in the first quarter than a year ago, while Kasikornbank managed to improve its net earnings.
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DTAC eyes June debut
Total Access Communication (DTAC) will submit a public share allocation request to the Securities and Exchange Commission early next month.
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B-Land to exit Impact
Bangkok Land has agreed to sell a 42.22-per-cent stake in Impact Exhibition to Juutland, a company incorporated in the Cayman Islands, for Bt7 billion.
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Company reports
QUALITY HOUSES announced it would pay a dividend of 9 satang a share to those whose names appear on the share register as of next Friday. Payment will be made on May 16.
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STOCK FOCUS
Home Product Centre
Kim Eng Securities (Thailand) has maintained a "buy" recommendation on Home Product Centre (HomePro) shares, with a fair value of Bt6 apiece.
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Software certification programme
Software Park Thailand has kicked off the SPI@ease programme, whose goal is to encourage local firms to achieve the international standard for software process improvement, the Capability Maturity Model Integration (CMMI).
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Phuket and Cebu 'should join forces'
Thailand and the Philippines should form an alliance to promote their well-known tourist destinations of Phuket and Cebu, respectively, instead of viewing each other as competitors, says Thai Ambassador to the Philippines Asha Dvitiyananda.
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Limited FTA impact: report
The South Korea-US free-trade agreement is not expected to have an immense effect on the Thai economy, except for the textile and garment sector which will be affected by the US's lowering of tariffs on Korean imports, according to a Kasikorn Research Centre report.
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Consolidated RS offers new media synergy
As part of a 360-degree asset-management strategy and as a result of its latest corporate restructuring, RS has consolidated sales for all of its media channels except its radio and print outlets.
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In brief :NI firms arrive on a trade mission
Senior executives from five Northern Ireland companies will be in Bangkok from tomorrow to Tuesday to strengthen trade links and explore other business opportunities such as joint ventures and technology agreements with local firms.
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Democrats worried by FBA change
The Democrat Party yesterday expressed concern that the government's amended Foreign Business Act (FBA) could have a domino effect not only on foreign direct investment, but also on the confidence of Thai investors looking to expand.
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Textile export strategy
Thailand needs to increase its share of the world's textile industry to 2 per cent within the next three to five years if it is to sustain its export growth amid stiffer competition in the sector, says a senior Thailand Textile Institute official.
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Struggling exporters pin hopes on Jtepa
With exporters facing increasing difficulty in negotiating product prices, due to continued growth in the strength of the baht, Thailand's private sector is pinning its hopes on the newly signed free-trade agreement with Japan stimulating the Kingdom's sluggish economy in the fourth quarter.
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Big plans for Hippo ready-to-eat roti
Venturetec Marketing, a frozen-food producer, has launched ready-to-eat roti under the Hippo brand, hoping to enter international markets and gain Bt500 million sales in three years.
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JET/JIFFY PURCHASE
PTT to reap gains from Q3
Brand names can be used for two years
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Late news :Krirk-kiat gets 20 years in jail
Krirk-kiat Jalichandra, former president of the now-defunct Bangkok Bank of Commerce, was sentenced to 20 years in jail, fined Bt1.16 billion and required to pay part of Bt598 million in compensation to the bank.
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Rent a magazine
A Bangkok company has cut reading costs by delivering fresh collections to your door every week
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Knowing when to draw the line
Rasa Property Development's MD is determined not to overstretch. One of the keys to avoiding the loan trap is abstaining from building up a land bank
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PTT Chem Iran plant delayed 6 mths
The National Petrochemical Complex of Iran, a project with the Siam Cement Group and PTT Chemical as shareholders, is facing a delay of at least six months beyond May 2008, due to geopolitical tensions.
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Tesco to maintain Thai investment at Bt7 billion
UK-based hypermarket chain operator Tesco will invest Bt7 billion in its Thai operations this year, nearly the same amount as last year. The investment will be mainly on branch expansion.
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Back-to-school sales launched
Many of the country's modern retailers launched aggressive back-to-school sales campaigns yesterday, recognising that the start of the new school year is a time when parents are willing to spend heavily for their children's education.
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AIRLINE INDUSTRY
THAI will keep all its domestic routes
Thai Airways International (THAI) has revised its operating plan and decided not to transfer any domestic routes to its budget subsidiary, Nok Air.
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STREET WISE
Cleanliness and competition
Immediately after PTT signed a deal to buy out all 147 Jet petrol stations, consumers began voicing concerns.
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