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Tue, June 12, 2007 : Last updated 20:32 pm (Thai local time)



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TICKETING

BEC-Tero, Major to merge units

Entertainment giants go for synergy



TARISA ON ECONOMY

'Beware of external risks'

BOT chief cites global imbalances, oil prices



ICE-CREAM

We're taking more of it home

Low impulse buying 'due to weather'



Purple Line bidding could face delay

Deputy Finance Minister Sommai Phasee said the government might not be able to hold bidding in August for construction of the mass-transit Purple Line from Bang Sue to Bang Yai.



Nippon Paint turns ecofriendly

Nippon Paint (Thailand) will open its first environmentally friendly manufacturing plant in Thailand with a total investment of Bt200 million.



Prantalay goes for two-way communication via CRM

Frozen seafood product manfucturer Prantalay is focusing on developing a two-way communication system to strengthen brand loyalty and improve its delivery service.



Thai MICE ranking drops

Thailand has lost competitiveness in the meetings, incentives, conventions and exhibitions (MICE) business to Malaysia and is now ranked lower than Hong Kong, Singapore and Shanghai in the sector, according to the Thailand Convention and Exhibition Bureau (TCEB).



Row over steel imports

Manufacturers of transformer equipment and electrical appliances, which rely on imports of silicon steel, yesterday threatened to move their entire Bt100-billion base to Vietnam following a Customs Department order to pay Bt1 billion in back taxes and a Bt2-billion fine.



Milo to the fore at games

Nestle (Thai) is spending Bt43.5 million to be an official sponsor of the 24th Southeast Asian Games. Its supplementary-food drink Milo is the sole beverage brand involved in sponsoring the event.



Late news :Australia drops tariffs on Thai steel wire ahead of schedule

Steel-wire exporters will enjoy more sales to Australia, thanks to that country's government eliminating import tariffs two years ahead of a commitment included in the Thailand-Australia Free-Trade Agreement.



Benz BKK opens Nissan dealership

The Benz BKK Group has spent Bt150 million to expand into the mass market by opening a Nissan car dealership.



Asian aviation forum this month

Some of the world's leading aviation and tourism experts will speak at one of the biggest events on the international aviation industry calendar - the "Asia Forum 2007: The Future of Aviation" - on June 28 at the Shangri-La Hotel, Bangkok.

TUNA FISHING

New proposal for deep South

About 2,000 locals would benefit through employment



Vietnam rice exporters stop taking orders

Vietnam has stopped taking new rice orders so as to guarantee existing shipments, out of fear of a supply shortage in the second half of the year caused by slightly heavy exports and unexpected natural disasters.



Egat ready to pump $6 bn into nuclear power

The Electricity Generating Authority of Thailand (Egat) is ready to invest at least US$6 billion (Bt208 billion) in two nuclear power plants in line with the power development plan, which includes the generation of 4,000 megawatts of nuclear power.



In brief :More farmers want to become businessmen

More than 44,840 members of community enterprises around the country have sought loans totalling Bt880 million to create brand names for their own products.



Univentures signals a new structure

Investment and financial advisory firm Univentures yesterday asked the Stock Exchange of Thailand to suspend its listed shares, as it is in the final process of negotiating with new investors.



IATA slams Suvarnabhumi service fees

The International Air Transport Association (IATA) is encouraging Airports of Thailand to reduce service charges at Suvarnabhumi Airport, said to be among the world's highest.



State CEOs may get first pay rise in four years

Chief executives of state enterprises could be in for a pay hike before the end of the year, their first in four years.



Vilailux in Bt2 bn project in Rayong

Vilailux Development, a property firm owned by the Vilailuck family, is spending Bt2 billion to build a five-star hotel and condominium project in Rayong province.

STREET WISE

11-year-old has the profit motive

Telecom tycoon Watchai Vilailuck finally agreed to open his home to the press.



Private sector wants alliances with WTO members

Thailand's private sector has demanded the government seek alliances with World Trade Organisation (WTO) members to urge the trade watchdog to set up a single standard on import measures in a bid to reduce non-tariff measures.



Company reports

AGRO INDUSTRIAL MACHINERY announced a first-quarter net profit of Bt1.05 million, against Bt5.43 million in the same period last year.



Tisco targets all levels of investors

Tisco Securities is offering a special service to its medium- and large-sized customers, while luring smaller clients to trade through the Internet as it involves a lower commission fee.



IEC denies Live buy a joint decision

International Engineering (IEC) said yesterday its investment in Live Incorporation would pay off, as Live's recent capital increase would improve performance and result in a stock-price increase in the long term.



Pico's profit plunges

Event organiser Pico (Thailand) recorded a fall of 31 per cent in net profit for its second quarter ending April 30, saying political uncertainty had affected customers' decisions.

STOCK FOCUS

Aromatics (Thailand)

CIMB-GK Securities (Thailand) has maintained its "outperform" rating for shares of Aromatics (Thailand), or ATC, with a target price of Bt65 apiece.



Unorthodox career path

ThaiURL.com founder Pipat Yodprudtikan - a pioneer in the local IT scene - now focuses on Buddhist economics and His Majesty's sufficiency economy






Top Stories



Foreign investors lining up deals

Thai working hours 'too long'

Exporters of frozen food feel the pinch

Producers quit TITV for rival

Subhak silent on rumours


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