THAI SWEET CORN
EU plan puts sector at risk
Proposed duties 'force closures'
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Tycoon ready to pull out of Thanasin Insurance rescue
A group led by property tycoon Boon Vanasin will back away from rescuing cash-strapped Thanasin Insurance if it cannot get a commitment for funding from a Chinese partner on Monday.
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Review of bid-ask spreads
The Stock Exchange of Thailand will take a look at tightening up the bid-ask spreads of low-price stocks after foreign investors complained of low trading liquidity here due to the large ticks in quotes.
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Big Kbank forex gains unlikely in Q2
Kasikornbank is unlikely to enjoy high foreign-exchange gains in the second quarter as the market for currency trading has been sluggish, said its capital markets business head Songpol Chevapanyaroj.
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S&P downgrades True
International credit-rating firm Standard & Poor's has downgraded its corporate credit rating for True Corp from BB- to B+, with a negative outlook, due to low earnings visibility and the risk of higher regulatory costs related to a pending interconnection settlement and access charges of its cellular subsidiary True Move.
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IN BRIEF
Nepal sends tourism sales mission to Bangkok
The Nepal Tourism Board (NTB) and PATA/Nepal Chapter, in cooperation with the Nepal Embassy in Thailand, Nepal Airlines and Nepal Association of Tour Operators, are on a sales mission to three countries - Thailand, Malaysia and Singapore.
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Infected Thai websites rise
China continues to host the most number of infected websites and Thailand has recorded a significant increase, according to the latest report from UK-based antivirus firm Sophos.
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Big mortgages 'beyond many'
Only 25 per cent of a survey's respondents can afford monthly mortgage instalments of Bt10,000, according to the Real Estate Information Centre (REIC).
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LATE NEWS
gasohol
PTT says fuel problem arises as a result of rain in Yaris tanks
PTT has insisted that gasohol causes no trouble for engines, saying that the problem occurring with Yaris vehicles arises from rain.
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S'pore firm to cut Tags stake
Singapore-based Frobisher is preparing to reduce its stake in Thai Airports Ground Services (Tags) from its current holding of 48.5 per cent to avoid breaching the Foreign Business Act, said an industry source.
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New Phuket airport terminal ready
The expansion of the international passenger terminal at Phuket International Airport has been completed and is expected to be open for the upcoming high season, airport director Squadron Leader Pornchai Eua-aree said.
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Turkish Airlines picks Thai hub
Turkish airlines, which chose Bangkok's Radisson Hotel yesterday as the official lodging for its crew, plans to make Thailand its Southeast Asian hub.
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CENTRAL FOOD RETAIL
Tops firm's expansion
Move into coffee and wine outlets part of company's long-term vision
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Japanese give technical support
The New Energy and Industrial Technology Development Organisation (Nedo) has supported the Industry Ministry to the tune of Bt872 million to install the first environmentally friendly blast furnace and the latest ethanol-production technology in Thailand.
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Teen idols carry Osotspa through doldrums
In an attempt to cling to its sales-growth targets in the current sluggish economic conditions, conglomerate Osotspa is pouring money into what it calls an "idol advertising strategy" by hiring teenage heartthrobs as presenters for its personal-care products.
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STREET WISE
Tireless Paiboon feeling the pace
For years, Paiboon Wattanasiritham, deputy prime minister and social development and human security minister, has been working hard to improve social conditions.
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BENEFITING SOCIETY
'Offer higher tax breaks for social projects'
Paiboon to seek more incentives for both individuals and companies
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True spends Bt2 bn on EPL rights
Pay-TV operator True Visions will spend about Bt2 billion for three years on the broadcasting rights for the English Premier League (EPL) and associated programme promotional activities.
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Kosit upbeat on return of investment
The country's economic fundamentals are still strong with growth of more than 4 per cent expected this year, and investment will be back on track when the next administration takes over, Deputy Prime Minister and Industry Minister Kosit Panpiemras said yesterday.
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Amata's fortunes improve on ruling
Amata Corp expects its land sales to double from last year, thanks to the brightening political climate.
"Our lot sales in the first two quarters of this year are almost equivalent to last year's sales," Viboon Kromadit, director and senior vice president, said yesterday.
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