SIAM SANITARY WARE
Firm cuts production 10%
But maker of bathroom products vows no lay-offs
|
|
|
Bad loans on the rise as gloom hits banks
Non-performing loans (NPLs) in Thailand's banking system rose 2 per cent in the first quarter of this year, while credit grew only 0.22 per cent in the same period, reflecting the depth of the country's economic gloom.
|
|
|
Confident Tisco determined to stay single
Tisco Bank believes it can maintain its position as one of the top three players in the country's auto-loan business without seeking new strategic partners like its peers.
|
|
|
Company reports
HANA MICROELECTRONICS last Friday reported Unisem (M) entered into a sale and purchase agreement to acquire up to 100 per cent of the issued and paid-up capital of the company's Advanced Interconnect Technologies affiliate for US$70.25 million (Bt2.44 billion) in cash.
|
|
|
STOCK FOCUS
Thoresen Thai Agencies
SCB Securities has recommended "buy" on shares of shipping and shipping-services company Thoresen Thai Agencies, with a revised target price of Bt36 apiece.
|
|
|
Pool-maker to make big splash
Swimming-pool installer JD Pools remains bullish about business prospects this year, with plans to increase its factory capacity, expand its franchise network and penetrate foreign markets.
|
|
|
Singapore's Interra acquires stake in Thai oil blocks
Singapore's Interra Resources has entered into a conditional farm-in/farm-out agreement with JSX Energy (Thailand), or JSXT, for the acquisition of half of the participating interests in three petroleum-concession agreements in Thailand.
|
|
|
In brief :CP firm moves into soybeans
Chia Tai (Tianjin), the Charoen Pokphand Group's business arm in China, recently formed a joint venture with international agribusiness company Bunge to establish a soybean processing plant in Tianjin.
|
|
|
FOCUS GROUP
Retail Act 'would hit expansion'
Govt warned not to pass law too hastily
|
|
|
Strongmen sweat it out for Rexona
Unilever Thai Trading, owner of the Rexona deodorant brand, yesterday used 100 strongmen to set a new record.
|
|
|
New tool to gauge shoppers' behaviour
More sophisticated retail trade and consumer behaviour offer a promising business opportunity for market research companies.
|
|
|
Certification to spur use of NGV
The Energy Ministry is issuing certification to standard NGV engine-installation stations, to raise confidence among motorists about the safety of natural gas for vehicles.
|
|
|
LPG prices set to float
Energy Minister Piyasvasti Amranand reiterated yesterday that the price of liquefied petroleum gas (LPG) will be floated before the interim government's term ends, and said the annual subsidy of Bt24 billion would be shifted to alleviate the impact from higher oil prices.
|
|
|
Deal to settle sugar farmers' debts
The Wang Kanai Group must transfer 77,000 tonnes of sugar to the Cane and Sugar Board in return for its efforts in settling its debts to farmers, says Deputy Industry Minister Piyabutr Cholvijarn.
|
|
|
UK expert says opportunities abound for kids' food producers
There are plenty of business opportunities in the children's food and beverage business awaiting first-movers, says one international expert.
|
|
|
Late news :Plan to promote Thai business
The Commerce Ministry is considering proposing a plan to promote offshore Thai business activity on the national agenda soon.
|
|
|
Chalongphob pledges transparency in review of delayed Mor Chit project
Finance Minister Chalongphop Sussangkarn has asked the National Economic and Social Development Board (NESDB) to consider whether to proceed with the ministry's long-suspended development in Bangkok's Mor Chit area, pending an amendment of the Public-Private Joint Venture Act to make the procedure for large-scale projects clear and transparent.
|
|
|
A good time to buy
Falling interest rates and low real-estate values suggest property purchase is a wise move. But will you eventually be able to sell your home for what it is worth on paper?
|
|
|
ON THE RIGHT FREQUENCY
After starting with little knowledge of RFID technology four years ago, tech firm Identify is among Thailand's leading exponents
Identify is a local company that started with little knowledge of radio frequency identification (RFID) technology, which is now increasingly used in the transport industry to keep track of moving cargo.
|
|
|
Thailand among 'top four countries' for Japanese investors
Thailand remains one of the top four countries in which Japanese companies plan to invest in the next five to 10 years, reports the latest Japan External Trade Organisation survey.
|
|
|
Feed mills in for big boost to production know-how
Food manufacturer and farm operator Charoen Pokphand Foods (CPF) plans significant investment to upgrade the manufacturing technology of 10 animal feed mills nationwide to equal the high technology of its Nakhon Ratchasima plant.
|
|
|
Booming VN plans further reform to keep growth
Vietnamese ministers yesterday promised further economic and administrative reform for sustainable growth, with more openings for foreign capital, particularly in the financial sector.
|
|
|
Foremost goes for top three in UHT soymilk
Friesland Foods Foremost (Thailand) has set an ambitions on becoming one of the top three in Thailand's Bt4.8-billion UHT soymilk market within the next five years.
|
|
|
AIS awaits TOT reply to query on 'interconnection'
Advanced Info Service (AIS) may not be able to comply with the interconnection charge deals it signed with other telecom operators, due to concerns it would be breaching its own concession contract.
|
|
|
STREET WISE
The Michelangelo Code in focus
A recently released TV commercial for the state-run Krungthai Card (KTC) became the talk of the town as it raised the question about whether it's aimed at a gay clientele.
|
|
|
