CONSUMER ELECTRONICS
Samsung sets Bt2-bn ad blitz
Huge marketing budget needed to explain 300 innovative products
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SVI mulls Bt1-bn funding, site for 4th plant
Electronic-equipment maker SVI plans to construct a plant covering at least 9,500 square metres of floor space, to expand its production capacity and cash in on growing demand.
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Bonds with no deficit
Amendments to the Public Debt Management Act will soon permit an increased supply of government bonds in the market by allowing the government to issue bonds even if it is not running a fiscal deficit, says the Finance Ministry.
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In brief :Q1 results up for Indorama
Indorama Polymers' consolidated first-quarter revenues rose 111 per cent to Bt5.7 billion from Bt2.7 billion in the same period last year.
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Outlook is optimistic for realty
Investors continue to seek property opportunities in Thailand, although the prospects in the overall property market have been obscured by political uncertainty and the economic slow-down, says real-estate services and investment-management firm Jones Lang LaSalle.
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Nok Air to begin Bangalore route
Budget airline Nok Air will launch its first international route between Bangkok and Bangalore, India.
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Sahapat launches drink
Saha Pathanapibul (Sahapat) has launched its first product under its i-Healti food-supplement brand.
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Erawan plans hotel in Nana
The Erawan Group has leased 1.5 rai of land for 30 years in Sukhumvit Soi 4 (Soi Nana Tai), to develop its fifth Ibis Hotel at a cost of Bt360 million.
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Let's focus on Asean
Thailand should focus more on trading with Asean countries, because the establishment of an Asean Community will create a market of 550 million people with no trade tariffs, a seminar was told yesterday.
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SUGAR CANE
Farmers plan protest
Anger over delayed Bt680m payment
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Maize piles up in tax deadlock
More than 20 Thai farmers engaged in contract maize farming in Burma are suffering from the disruption of the project caused by the change of government in the Kingdom.
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Asian Property Development confident about condo market
Asian Property Development is increasing its investment in land purchases from Bt1.5 billion to Bt2 billion this year in the hope of cashing in on strong demand for city condominium projects, says chief executive Anuphong Assavabhokhin.
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Late news :Porn Prom's revenue rises
Porn Prom Metal expects revenues to increase 11 per cent to Bt3 billion this year, thanks to rising product prices and three new distributors - Vista Metals Corp, Gaoxin Zhangtong LLC and Alcoa.
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Pongsaap posts big Q1 loss as CD sales plunge
Pongsaap lost a massive Bt127.75 million in the first quarter, due mainly to falling sales of CDs and DVDs, rising copyright costs and continuing piracy.
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Blockbusters mean big year for cinema
The first two episodes of the epic Naresuan films pushed up first-quarter ticket sales for multiplex operator the Major Cineplex Group 70 per cent year on year.
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Auto insurer LMG plans to lead market
Despite a drop in sales of new cars, LMG Insurance aims to post double-digit growth this year, injecting around US$1 million (Bt34.46 million) for its automated claims system and preparing another $1 million to stabilise its new core computer system.
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Zinc producer sees lower margin
Padaeng Industry estimated that its gross margin would be lower than last year's 26 per cent, due to high concentrate costs and lower sales.
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Company reports
BIG C SUPERCENTRE announced a consolidated first-quarter net profit of Bt672.65 million, up slightly from Bt658.51 million in the same period last year.
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Up to 1,200 workers will go after e-port launches
The Port Authority of Thailand plans to slash its workforce by 1,200, from 3,700 to 2,500, after its e-port project is completed next year.
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Advertisers cautious as economy slows down
A deterioration in consumer confidence caused by the sluggish economy is now leading to much greater caution in advertising spending by both the private and the government sectors, says a leading advertising firm.
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Thailand's piracy losses mount to US$420 million
Thailand's piracy rate was as high as 80 per cent last year, the same as in 2005, but losses grew to US$420 million (Bt14.47 billion), from $259 million the year before, says a new study released yesterday by the Business Software Alliance (BSA).
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STREET WISE
The Bt2-bn question
What would you do with Bt2 billion? For me, that would be more than enough to turn the rest of my life into one big extravaganza.
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Hotel family has big plans
Owners of the Richmond Hotel in Nonthaburi are planning a multi-billion-baht entry into mainstream tourism with new luxury resorts
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