INTELLECTUAL PROPERTY
NGO urges action on 'IPR theft'
USA for Innovation wants officials to up ante on 'Thai threats' to US-owned patents
|
|
|
Vision of a plastic revolution
Visa International's country manager in Thailand dreams of a day when people from all walks of life would use cards for their transactions
|
|
|
Rise in bad debts from credit cards
Bad debts from credit-card loans are increasing as the economic slow-down eats into the ability of bank customers to service their debts, says one banking executive.
|
|
|
Power-P suspension continues
The Stock Exchange of Thailand (SET) has continued its suspension of Power-P shares from trading after auditors gave an adverse opinion that reviewed and audited financial statements did not present the company's financial situation fairly.
|
|
|
SIAM CITY BANK
M&A route is an option for SCIB
FIDF looks for high-potential bank to create synergy
|
|
|
SET urged to consider its future
The Stock Exchange of Thailand (SET) has been urged to consider whether it wants to be a local or an international bourse in the future.
|
|
|
Access dispute to go to court
The Information and Communications Technology Ministry has set up a joint committee of TOT and CAT Telecom, to work out a plan to file a lawsuit against Total Access Communication (DTAC) and True Move in the access-charge dispute.
|
|
|
IN BRIEF
Traders punished for illegal practices
The Internal Trade Department has taken legal action against 19 traders after finding they had been overpricing, cheating on measurements or using substandard packaging.
|
|
|
Bosch names Cougar for local logistics
Automotive and building technology firm Bosch Thailand has appointed Cougar Logistics (Thailand) to handle its warehousing and logistics services, to make its products more conveniently available to the market.
|
|
|
STREET WISE
Tennis star joins beauty queen
Thailand will not only be the home of the most beautiful woman in the universe (yes, you cynics, we are talking about former Miss Universe 2005 Natalie Glebova), but also the world's No-1 female tennis player, Justine Henin.
|
|
|
SCG banks on petrochemicals for growth
The Siam Cement Group (SCG) is maintaining its sales-growth target at 5 per cent, banking on its growing petrochemical business to help offset sagging demand for cement.
|
|
|
Sharp forms joint venture with local distributors
Japan's Sharp Corp has formed a joint venture with two local distributors - Bangkok Trading and Thai City Electric - to consolidate its local distribution and take firmer control of its business in Thailand, where annual sales exceed Bt25 billion.
|
|
|
NLA members vote overwhelmingly for ministry's FBA draft
The National Legislative Assembly yesterday voted with an absolute majority to amend the Foreign Business Act (FBA) based on the Commerce Ministry's draft, after spending one hour debating whether to adopt the draft of the ministry or that of a subcommittee of the NLA which was more liberal.
|
|
|
SMEs still competitive
The Office of Small and Medium Enterprises Promotion yesterday said Thai small and medium-sized enterprises (SMEs) were expected to add Bt399 billion in value to Thailand's economy this year, and it singled out retail and wholesale businesses, financial services and logistics business as likely to play a key role in generating high added value.
|
|
|
Shin seeks free-float delay
Shin Corp has already asked for permission from the Stock Exchange of Thailand (SET) to postpone for one year its finalisation of the plan to free-float its shares, the company's financial officials told shareholders during the yesterday's annual general shareholders' meeting.
|
|
|
Marketing is key for Oishi
Japanese-restaurant chain and beverage manufacturer Oishi Group hopes to ride out the negative economic and political factors this year through a sustained marketing campaign.
Oishi president Tan Passakornnatee said he was optimistic the green-tea market would recover this year with estimated 10-per-cent growth, after experiencing a 30-per-cent drop to almost Bt3 billion last year.
|
|
|
LATE NEWS
Seacon executive sues Thanchart
The Southern Bangkok Criminal Court has accepted lawsuits filed by Krirkchai Sosothikul, a senior executive of Seacon Co Ltd, against four executives of Thanachart Capital. Krirkchai accused the Thanachart Capital executives of dereliction of duty, which caused him losses due to violation of the Securities and Exchange Act regarding the maintenance of margin-account regulation.
|
|
|
PTT opens third natural gas line
PTT has recently started the operation of a third pipeline to supply natural gas mainly to power plants and industrial plants switching from bunker oil.
|
|
|
GHB urges changes to Condominium Act
Legal hurdles have prevented the Government Housing Bank from clearing out its non-performing assets, spurring its president Khan Prachuabmoh to push for amendment of the Condominium Act.
|
|
|
AP Honda says sales target hard to achieve
AP Honda might have to downgrade its sales target this year from 1.29 million units due to the deterioration in purchasing power and high penetration rate of motorcycles.
|
|
|
Samsonite locks up deal
Samsonite has entered into a joint venture with its long-time local partner, the Central Marketing Group, to strengthen its travel-luggage operations here.
|
|
|
TRF SURVEY
Australian investors defer plans
Concern over politics and the economy
|
|
|
