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Thu, May 17, 2007 : Last updated 18:55 pm (Thai local time)



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ENERGY

Ministry ordered to hasten spending

Kosit sees rapid moves on big projects giving boost to economy



CREDIT ANALYSIS

KBank won't relax mortgage conditions

Still wants to expand loan portfolio, despite rejecting more applications



BLEACHERS & DYERS

Jtepa could draw investment

Japanese firms consider moving production to Kingdom



Modernity takes its toll

A Thai tradition dwindles and dies in the harsh reality of today's commodities trading



New rules for mutual-fund industry

The Securities and Exchange Commission (SEC) has approved draft revisions of regulations related to the mutual-fund industry, especially those governing investment principles in fixed-income instruments.



Dragon One stock decision next week

The board of governors of the Stock Exchange of Thailand (SET) will make a final decision on approving the relocation of Dragon One shares from the main bourse to the Market for Alternative Investment (MAI) next week.



CIMB-GK Securities targets top 5

CIMB-GK Securities (Thailand) has set an ambitious target of becoming one of the country's top five brokers within five years.

IN BRIEF

processed food

CP Intertrade hopes to import Vietnamese-made products



AIS digs deep for teen drawcards

Advanced Info Service (AIS) has signed up the heartthrob duo Worawej Danuwong and Kawee Tanjarak, better known as Dan and Beam, to be presenters for its 1-2-Call prepaid phone service, in an attempt to expand its number of teenage subscribers.



Amrose Air to focus on Muslim pilgrims

To serve tough competition among airlines, newly established Malaysian airline Amrose Air plans to turn Sultan Ismail Petra Airport into a hub for charter flights, especially for that country's East Coast and southern Thailand.

LATE NEWS

Ambitious target for logistics

The government hopes its logistics development plan will cut the country's logistics costs from 19 per cent of gross domestic product (GDP) to 10 per cent by 2011. GDP is currently about Bt7 trillion.



Quarterly payments among mobile firms

The big money interplay between Thailand's three largest mobile-phone operators was revealed yesterday, with details of interconnection-charge fees changing hands after the first quarter's business.



IRPC cuts $ bonds

IRPC is to cut the issue of its US dollar-denominated bonds from $400 million (Bt13.8 billion) to between $200 million and $300 million, due to the higher interest rate in the United States.



Mahajak takes on pirates

Mahajak Development has embarked on a three-year strategic plan to promote its corporate brand and each of its imported audio and consumer electronic products after seeing imitations flood the market.



Temasek gives back to society

After years of expansion in Asia, Temasek Holdings is reaching out to return profits to society through yesterday's launch of the Temasek Trust with an initial endowment of 500 million Singaporean dollars (Bt11.34 billion).

STATE RAILWAY

Debt-hit SRT set to outsource

Assets, routes and logistics to go private



Asean must boost productivity to fend off India and China

Asean countries need to increase productivity to maintain their competitive edge or they risk losing their markets to India and China, the International Labour Organisation has warned.

STREET WISE

Paving over the palm trees

In a speech at a recent seminar hosted by The Nation and Krungthep Turakij, Finance Minister Chalongphob Sussangkarn said The Nation had misinterpreted the concept of the sufficiency economy.



Oil firms voice concerns on shrinking margins

Oil retailers held a meeting with the Energy Policy and Planning Office yesterday to voice their concerns over low marketing margins that reduce competition and could drive away new investment.



Promotions galore at the House and Condo Show

Property firms are launching special promotions, offering free transfer fees and other incentives worth between Bt200,000 and Bt1.5 million at the 16th House & Condo Show starting today.



Modernine to be converted into a news channel

MCOT will reposition Modernine television to become a news station, to chase benefits from the conversion of TITV into public television, which it says will result in the allocation of advertising budgets away from TITV to other free-TV channels.






Top Stories



Chairman Pong quits after inquiry

'Work together for the common good'

Reversal of policy over BOT chief

Airport Rail Link project leaves the burden on State Railways

Govt sounds out auto manufacturers


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