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Thu, May 31, 2007 : Last updated 23:54 pm (Thai local time)



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NEW CREDIT

Siam City Bank cuts loan target

Growth forecast falls amid uncertainty, but president expects investment rebound



TELECOMS

NTC urged to halve its licence fees

Move would help industry grow: Sudharma



LATE NEWS

Phayao retailers protest Tesco Lotus superstore plan

Small retailers in Phayao gathered yesterday to protest against Tesco Lotus's plan to open a superstore in Chiang Kham district.



Nok Air takes off for India

Nok Air will today start its first international route between Bangkok and Bangalore, India, calling it the world's first "Shopper's Airline" flight.



Fashion City project plan

Bangkok Fashion City director Pramode Vidtayasuk wants the project to become a partnership between the public and private sectors.



End India's subsidy, say sugar exporters

Sugar exporters have called on the government to hold talks with India in a bid to get its sugar export subsidy removed, arguing that the policy will depress world prices.



We are still exercising fiscal discipline, Kosit insists

Deputy Prime Minister and Industry Minister Kosit Panpiemras has insisted that the government is still exercising fiscal discipline, despite the wider budget deficit for the 2008 fiscal year.

STREET WISE

A sobering comparison

It was with a strange mixture of excitement and hopelessness that we learned yesterday that the World Bank had raised its forecast for China's 2007 growth to 10.4 per cent.



Mistine a measure of downturn blues

The direct-sales business is proving to be an effective indicator of the state of Thailand's economy, with Better Way (Thailand) - the direct-sales operator of Mistine cosmetics - reporting a variety of bad signs of economic downturn since the end of March.



Relais & Chateaux sets up shop

Relais & Chateaux (R&C) has set up its first Asia-Pacific office in Thailand, aiming to use the country as a gateway to expand its network and gain 100 small, unique hotels and resorts throughout the region within 10 years.



Bank of Thailand paints rosier outlook on back of April data

The Bank of Thailand says there are clear signs of economic recovery in figures from April, and painted an optimistic picture yesterday which it says needs only improvement of the political situation to point to a sustainable recovery.






Top Stories



Sunday's blasts in Hat Yai deal further blow to Thai tourism

Liquid, gel rules look set to hit King Power hard

Group turns focus to property

Hopes high parties will avoid chop

Much at stake if Chinese bubble were to burst


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