WORALUK PROPERTY
Wichai aims high
Switch from films to condominiums
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SUBURBAN HOMES
KEPPEL'S NORTHERN ENCLAVE
New Arcadia housing estate is an improvement over earlier versions
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Incentives lure realty investors
Malaysia cuts capital gains tax as overseas buyers flock to buy assets
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Musical motivation
The co-founder of the fast-growing Vitamins Consulting and Research is as energetic about marketing as he is about his classical music
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Non-performers face tougher scrutiny
The Stock Exchange of Thailand is to tighten up its consideration of whether companies in its non-performing group (NPG) should be allowed to resume normal trading, following Tongkah Harbour's announcement of a substantial net loss only one quarter after meeting the SET's criteria for release from the NPG.
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KT-Axa offers universal life policy
Krungthai Axa Life Insurance (KT-Axa) has become the third life insurer to launch an investment-linked universal life policy, aiming for Bt200 million in premiums over the rest of the year.
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AACP will help victims of deception
Ayudhya Allianz CP Life (AACP) has agreed to act as a focal point in helping 15 former policyholders in legal proceedings to trace claim payments, its chief officer for corporate affairs Supar Phokachaipat said yesterday.
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SCB expects rival banks to cut rates
Siam Commercial Bank believes other major banks are likely to follow its lead and cut their interest rates by a further 25-50 basis points this year. SCB was the first bank to respond to the central bank's policy-rate cut on Wednesday by slashing its own rates by 25-50 basis points.
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Hike in fuel surcharge
Thai AirAsia's international fuel surcharge will be hiked by Bt50-Bt150 on June 1 following the rise in oil prices.
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IN BRIEF
Livestock exports to Cambodia on rise
Thai livestock exports to Cambodia reached Bt29.79 million in the four months to April.
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Brace for full Asean liberalisation: KRC
Thailand should brace itself for full liberalisation of services and investment demanded by the creation of an Asean economic community in 2015, according to Kasikorn Research Centre (KRC).
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LATE NEWS
DEP to huddle with 58 trade offices
In a bid to spur economic growth in the second half, the Department of Export Promotion has called an unofficial meeting with the heads of Thai trade offices in 58 countries tomorrow.
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Rising freight rates buoy Thoresen
Thoresen Thai Agencies Plc, the country's leading dry-bulk shipper, is confident its business in the second half would be sailing ahead on higher-than-expected freight rates.
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CAT loses IIG monopoly
The national telecom regulator yesterday removed CAT Telecom's monopoly on international Internet gateway (IIG) services by allowing other licensees to connect directly with foreign carriers as well.
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Innovation the key for stainless steel firm
Thai Stainless Steel is aiming for sales growth of 20 per cent this year, to reach Bt600 million, by launching 50 innovative products.
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Homecomingfor spa range
After two years of successful marketing in more than 10 countries, MMK Intertrade Co Ltd thinks it's time to launch its Prann range of high-end spa products locally.
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RESEARCH AND DEVELOPMENT
Govt aiming to increase innovation
Concerned NSTDA plans to boost R&D spending to one per cent of GDP by 2011
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TTGN aims to spice up Internet market
The quality of Internet services in Thailand is expected to improve with the start of business by a new international Internet gateway provider, Triple T Global Net (TTGN).
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STREET WISE
PR personnel cleverly defuse tricky situation
It seems that today's corporate public relations officers must be trained in how to handle mobs of angry protesters.
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Noodles index rings true
If the sales of Mama instant noodles serve as an economic indicator - the so-called Mama Index - the figures in the first quarter this year indicate that people have less to spend.
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Kimberly-Clark unit adds a line
Kimberly-Clark Professional (KCP), a business unit of the country's largest tissue-maker Kimberly-Clark Thailand, has spent Bt800 million on moving its production base for products used in institutions from Australia to Thailand this year.
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TAT to open offices in Russia, Vietnam and Dubai this year
The Tourism Authority of Thailand's board yesterday approved the appointment of eight overseas directors and the opening this year of three offices in Moscow, Vietnam and Dubai.
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Deal to buy electricity from China
The Energy Ministry plans to sign a memorandum of understanding (MoU) for the purchase of 3,000 megawatts of electricity a year from China, and also negotiate to buy more power from the neighbouring countries' hydropower projects to ensure sustainable energy supply.
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