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Wed, May 9, 2007 : Last updated 20:58 pm (Thai local time)



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PRIVATE SECTOR

GSP 'loss' to be evaluated

Move in wake of being placed on US watch list



POLICY INTEREST RATE

Cut tipped at half a percentage point

Move expected to help kick-start economy after delays in government spending



HAIR-CARE MARKET

Mandom turns on the style for upcountry male teens

Diethelm to give Japanese products new Thai focus



Singing your own song much preferred to karaoke capitalism

DTAC CEO Sigve Brekke outlines his successful leadership strategies and tells how he leads changes in the organisation amid the highly competitive cellular network marketplace. Pichaya Changsorn writes in the second of a two-part series.



In brief :Fraser & Neave plans 2nd plant

Fraser & Neave Holdings Bhd plans to build a second plant at a cost of US$100 million (Bt3.5 billion) that would triple its capacity for condensed milk in three years from the current eight million cases of milk cans annually.



Israeli firm to buy property

Africa Israel recently revealed its first expansion into Thailand.



Bangkok office market quiet

The Bangkok office market was subdued and saw only limited leasing activity in the first quarter, says real-estate services firm Jones Lang LaSalle.



Late news :Cabinet to keep VAT at 7 per cent

The Cabinet yesterday approved the Finance Ministry's proposal to keep the value-added tax (VAT) at 7 per cent until the end of September 2008. VAT was supposed to rise to 10 per cent.



Bt800m for six SME projects

The Industry Ministry, in cooperation with state agencies, yesterday announced a combined budget of Bt800 million for six projects aimed at promoting small and medium-sized enterprises (SMEs).



Producers throw TITV a lifeline

More than 100 television producers yesterday said they had pooled Bt8 million to extend a lifeline to TITV and its staff.

TELECOM INDUSTRY

Labour unions oppose TOT plan

State agency stands accused of setting up network monopoly



Dusit plans JVs to tap high end in Mid East

Dusit International, the operating arm of Dusit Hotels and Resorts, plans to open six-star hotels and residences in the Middle East to tap the high-end market.



True Visions, MCOT launch channel for new charter

MCOT, operator of Modernine Televi-sion, and True Visions, operator of UBC Cable TV, yesterday raised the curtain on the country's first TV channel covering the new constitution.



Thai firms 'falling behind in energy management'

Energy and raw-material costs are an increasing worry for Thai businesses, and they are lagging behind the rest of the world in efforts to manage their energy usage, the latest findings from the Grant Thornton International Business Report (IBR) show.



RPT Asia looks to extend overseas presence

Elasticity is all the more important in the heated global construction marketplace, as RPT Asia has learned as it looks at expanding to China, India and the Middle East.

STREET WISE

Spidey weaves his web of cash

One of my young colleagues at The Nation confessed she fell asleep halfway through "Spider-Man 3". And critics didn't seem to appreciate the latest sequel of the web-slinging hero.



Ch Karnchang, Laos sign MoU for study of dam on Mekong River

Ch Karnchang announced it had signed a memorandum of understanding (MoU) last Friday with the Lao government to conduct a feasibility study of the construction of a US$1.7-billion (Bt59 billion) run-of-river dam on the Mekong River.



BAY launches 'Cardless ATM'

From tomorrow, you can withdraw funds from a Bank of Ayudhya (BAY) automatic teller machine without an ATM card or bank account under its new "Cardless ATM" money-transfer service.



K-Lifestyle funds unveiled

Kasikorn Asset Management (KAsset) yesterday launched K-Lifestyle funds, aiming for the first time to target working-class investors and regain the No-1 spot as the country's largest mutual fund player in the long term.



Company reports

HOME PRODUCT CENTRE reported a consolidated net profit of Bt138.95 million for the first quarter, an increase from Bt118 million in the same period last year.

STOCK FOCUS

Cal-Comp Electronics

KGI Securities (Thailand) has recommended "outperform" for Cal-Comp Electronics, with a target price of Bt6.35 per share - up from Bt5.75 earlier.



Drawing a clear line

Workaholic Dhitivute Bulsook of the Serm Suk clan leads a simple life outside the office - and keeps business out of family meals






Top Stories



Pirates destroying local trade

High failure rate among Otop debtors

Lukewarm business response to package

Model scheme aims to increase GDP

GSP 'loss' to be evaluated


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