Big fall in IT prices likely in 2nd half
A glut is expected to push the price of information-technology products down by 30 to 40 per cent in the second half of the year.
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Plan to remove BOT supervisory role to be revived
The Finance Ministry will revitalise an idea to remove supervisory power over financial institutions from the Bank of Thailand (BOT).
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New warehousing focus for shipper
Shipper Thai Somdej says its core business will soon be duty-free warehousing. It believes Thailand can take on Singapore in this because of its geographic location.
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Agencies not taken with frequency guidelines
State telecom agencies last week criticised the draft guidelines on frequency transfers for favouring big telecom operators at the expense of small players.
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STREET WISE
Don't just hang out with your pals
A recent meeting at the Thailand Research Fund (TRF) discussed its findings on Australian businessmen's attitudes to investing in Thailand, including their perceptions of key government agencies.
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Lalvani outlines his grand vision
Royal Phuket Marina developer Gulu Lalvani held a press conference on Friday to outline his vision to develop Phuket as the world's top yachting destination - including his plan to build Zoran Island, a new island off the coast to site a deluxe marina complex capable of berthing mega-yachts.
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Simat to be listed on SET this year
Grand-Flo Solution expects to list its Thai operations, Simat Technology, on the Stock Exchange of Thailand (SET) by year-end, managing director Derrick Tan said late last week.
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SPECIAL
SME Bank develops a new mind-set
SME Bank's new president tells KI Woo how a paradigm shift at his bank will further develop a Thai entrepreneurial society. This is the second article in a two-part series.
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There's lots of money up a gum tree
The Agricultural Land Reform Office has joined Evergreen Plus in encouraging contract farmers in six provinces to expand eucalyptus plantations.
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Things look rosy for fruit exports
Fresh and dried fruits face a bright export future this year because of the growing appetite overseas for exotic tropical varieties.
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More European tourists, fewer Asians
The Tourism Authority of Thailand (TAT) reports that international tourist arrivals at Suvarnabhumi Airport during the first four months of the year increased by 2.61 per cent compared to same period last year.
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Time-shares take off in Asia
The business of hoilday time-sharing is on the rise in Asia while it has slowed to stable one-digit growth in Europe and the United States, where it has existed for 30 years.
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Funds at 7-Eleven
ING Funds (Thailand) is approaching CP Seven Eleven about selling mutual funds at its convenience stores in Bangkok and major cities.
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SCB moves ahead with IRB in risk management
Siam Commercial Bank has brought its risk management up to the new Basel II standard by adopting the more advanced Internal Rating-Based (IRB) approach.
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Ministry to expand capital at two banks
Finance Minister Chalongphob Sussangkarn has agreed to put more capital into TMB Bank and the Islamic Bank of Thailand, but has not yet decided whether to increase the capital of other state-owned banks, according to an informed source at the ministry.
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Trade fairs a good tool in tough times
Attending trade exhibitions, where you can directly reach target customers, is a good marketing tool for these troubled times.
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Direct appeal
Thailand's franchise businesses, which generate revenue of Bt83 billion, account for only 6 per cent of the total value of retail trade. Experts say the room for growth is huge. Now they are appealing to the power- that -be to install the long-awaited Franchise Act.
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