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Fri, May 18, 2007 : Last updated 20:39 pm (Thai local time)



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Property-sector slump blamed on policy uncertainty

The value of the property market slumped by up to 20 per cent or Bt10 billion in the first four months of the year, due to political uncertainty and unclear economic policies under the interim government.




Cosmetics push urges positive thinking

ICC International, the producer of BSC cosmetics, has launched a campaign to encourage local women to think positively as a means of combating the country's economic and political difficulties.





Cut taxes and rates: chamber

The Thai Chamber of Commerce has called for a cut in taxes and interest rates in order to boost the flagging economy.

LATE NEWS

Insurance aimed at gold shops

Following a recent spate of robberies at gold shops, the Insurance Department and the General Insurance Association are planning to launch a special type of insurance to cover business losses at such shops.



Port expansion

The Port Authority of Thailand (PAT) will again try to win approval from the Transport Ministry for its plan to expand its container capacity at Bangkok's Klong Toei Port.



Company makes scents of marketing

HSBC in Hong Kong uses its signature lily and lemon-grass perfume in its retail banks.



Emerson to target developers

Riding on the wave of global interest in energy efficiency, US-based Emerson Climate Technologies is looking to market its digital scroll technology to Thai real-estate developers.



Live Inc revamps to clear debt

Live Incorporation will overhaul its business structure in an effort to clear up Bt50 million worth of accumulated debt as recorded at the end of last year by placing the businesses of its seven subsidiaries into four categories.

ALTERNATIVE FUEL

Old vehicles surveyed

Data needed to determine budget for free engine overhauls to suit gasohol

METRO STAR

NAME CAn MAKE A BIG DIFFERENCE

Ratanachai launches two new estates



Pattaya packed despite chaos

Northpoint restores some sanity to disorganised town



Communing with nature

A waterfall brings a hint of rural life to an inner-city condominium



SCOOPED!

Young American comes from Guam to sell exclusive French ice-cream with a Danish name in Thailand

IN BRIEF

Innovation: Agency launches search for 100 firms to enhance Thailand's image

The National Innovation Agency has announced a Thailand Top Innovative Companies 2007 project, in which 100 companies will be chosen for their excellence in innovation and featured in a widely circulated book.



TOT's new phone lines 88% installed

TOT has finished 88 per cent of a project to install 565,000 fixed telephone lines across the country.



Hospitality firm opens in Bkk

InVision Hospitality has opened a corporate office in Bangkok to provide investment, strategy and management consulting for hospitality projects in Asia, with a plan to launch its own hotel and residential brand for high-end clients.



Thai AirAsia travel fair

Thai AirAsia will boost tourism later this month by hosting the Amazing Travel Deals Fair, with the airline offering tickets for as low as Bt9.

THAI-LAO FRIENDSHIP BRIDGE

High hopes for new link

Trade, investment with Laos and China set for 2011 boost



S Korea's Daishin seeking to invest

South Korea's largest brokerage firm, Daishin Securities, is conducting preliminary research into business opportunities in either Thailand or Vietnam.



NMG set to make profit

The Nation Multimedia Group (NMG) expects to return to the black this year after concentrating more on non-advertising business and completing its debt restructuring.



Forth, TKS set to beat gloom

Electronic-parts manufacturer Forth and computer-accessories distributor TKS Technologies are confident they will be able to meet growth targets despite the political and economic uncertainty.



Tarisa sees baht falling

Bank of Thailand Governor Tarisa Watanagase believes the baht is likely to depreciate soon, due to the import of goods for investment.

NEW ACCOUNTING RULES

Listed holding companies hit hard

Otherwise, no impact on fundamentals, cash flow expected

STREET WISE

Swimming in a sea of sin taxes

Many producers at TITV have expressed concern that the government budget will be too small to finance the production of good programmes once the TV channel is barred from commercial advertising.

FOREIGN INVESTMENT

Concern over lack of labour and land

Kosit pledges to tackle problems raised by industrial giants






Top Stories



Chairman Pong quits after inquiry

Property-sector slump blamed on policy uncertainty

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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