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Tue, June 5, 2007 : Last updated 21:12 pm (Thai local time)



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GLOOMY OUTLOOK

Saha suffers first slump in 60 yrs

Strong currency, consumer sentiment take toll on sales



FOREIGN ROAD SHOW

Investors bullish on SET

Rising index reflects market's draw



SIAM HOME DEVELOPMENT

New condo launched

Textile firm expands to land development with Bt3-bn @City project on Sukhumvit



Holcim invites entries recognising sustainable building

Entries for the Holcim Awards are open until the end of next February. The international awards promote sustainable construction.



NCB may reduce credit info duration

The National Credit Bureau (NCB) will possibly shorten the credit information records it holds of bad debtors from the current three years to two years.



Sherwood plans new Bt60m plant

Sherwood Chemicals plans to raise Bt60 million to build a new plant to support higher demand in the domestic market and Australia next year.



Egat plans international company

The Electricity Generating Authority of Thailand (Egat) will soon submit a plan to the Finance Ministry to establish Egat International. Egat aims to use the subsidiary as a spearhead into the regional power-generating industry.



AIS offers customers better TV

Advanced Info Service (AIS) has teamed up with UK-based mobile-phone entertainment and technologies developer ROK TV to introduce a new TV-on-mobile service yesterday, aiming to boost the data consumption of its subscribers.



Gala night aims to showcase Thailand's mighty MICE

Thailand is staging a big night for businesspeople, diplomats and foreign trade officials as it strives to promote the country as a top meetings, incentives, conferences and exhibitions destination.

TELECOMS

Samart to set virtual network

Service aimed at regular travellers



Late news :TMB Bank on the defensive

TMB Bank said in a statement that it would not be defaulting if the Bank of Thailand does not allow it to pay interest to hybrid tier 1 holders for the first half.



Nu Skin aims to double sales in Thailand over next five years

The Thailand franchise of United States-based skincare product direct seller Nu Skin Enterprises set a target yesterday to double distributors and sales over the coming five years.



Project aims to improve eyesight of rural people

The Electricity Generating Authority of Thailand (Egat), in conjunction with UBC broadcaster



In brief :Big C to spend Bt300 million on marketing boost, upgrade

Retailer Big C Supercentre is spending Bt300 million to increase second-half sales and celebrate 14 years of operations, according to vice president, marketing and communications, Jariya Chirathivat.



Top model's religious service

Down from the catwalks, one of Thailand's top models, Natasha Coffman, is enjoying a new business venture based on a unique idea that she calls "Sung Ka Tarn (offering to monks) Delivery".



Time running out

As the June 30 deadline approaches, asset-management firms launch 10 new long-term equity funds



Gadget guru aiming high

After inventing the world's first waterproof computer keyboard, Pitchyen dreams of becoming Thailand's own Bill Gates

NESDB

Think-tank lowers growth forecast

Consumer spending cited for cut



Panel seeks aid for Songkhla, Satun

A joint committee representing three of Thailand's largest private enterprise organisations is to ask the government to extend help to businesses in Songkhla and Satun provinces, which it says are feeling the effects of the ongoing violence in the deep South.



Electricity plan gets go-ahead

Independent power producers are invited to submit generating proposals to the Energy Ministry by the end of October, following the National Energy Policy Council's (NEPC) approval of a 15-year Power Development Plan yesterday.



Shell to rebrand petrol stations

Shell petrol filling stations throughout the country will start getting facelifts from next month.



Retailers see a turnaround

Retailers are hopeful the Constitution Tribunal's verdict will encourage shoppers to start spending, helping them to recoup a dramatic drop in sales in the first quarter.

STREET WISE

Gambling on card incentives

Credit card companies may have to be more careful before launching future campaigns to attract customers.



Insurer mulls 'no-claim bonus' for

The country's largest life insurer, Ayudhya Allianz CP Life (AACP), is thinking of introducing the "no-claim bonus" principle - widely used in motor insurance - to its health insurance policies.



SET orders Bliss-Tel, Live to disclose securities policies

The Stock Exchange of Thailand (SET) has instructed both Bliss-Tel and Live Incorporation to disclose their policies concerning investment in securities following significant investments in the first quarter of this year. They have been told to file the clarification by tomorrow.



Company reports

PACIFIC ASSETS reported that Corner Management, which recently entered into a sales agreement with Pacific Phuket - a subsidiary of Pacific Assets - is subject to a 10 per cent annual interest rate for another four-month redemption extension.

STOCK FOCUS

PTT

CIMB-GK Securities (Thailand) has upgraded its recommendation on PTT stock to "outperform", with a target price of Bt285.



ShinSat seals sale of Shenington to AMH

Shin Satellite (ShinSat) has signed an agreement with Asia Mobile Holdings (AMH) to sell a 49-per-cent stake in its subsidiary Shenington Invest-ments for US$200 million (Bt6.9 billion) as part of a cash-raising plan to repay debt.






Top Stories



Temasek ups Thai presence

Businessmen cautiously optimistic

Saha suffers first slump in 60 yrs

Exporters' concerns unlikely to ease soon

AirAsia flies to China in July


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