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Thu, June 14, 2007 : Last updated 20:58 pm (Thai local time)



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THAI AIRASIA

Shin sells out for Bt472m

Stake sold to directors of airline as group refocuses on telecom business



POLITICAL WOES

SET falls 2.26% on rumours

Talk of more protests, curfew



FOOD SECTOR

Betagro to lift capacity

Firm to invest Bt200m in production of ready-to-eat and processed items



A fateful day in New York

Vorravit Siripak was in the WTC area on 9/11, an experience that persuaded him to follow his dreams. The result: he co-founded Puri Co, maker of Pranburi spa products



Future Park Property Fund returns 9.6%

The Future Park Property Fund produced a return of 9.6 per cent in the first quarter, one of the highest among property funds, as investors look for winners amid the low interest-rate environment.



Draft bill 'puts limits on state'

The privatisation bill puts more restrictions on state enterprises setting up subsidiaries, Somkiat Tangkitvanich, chairman of the drafting committee, said yesterday.



BOT bars TMB Bank's July interest payment

The Bank of Thailand will not allow TMB Bank to make a July coupon payment on its US$200-million (Bt6.91 billion) hybrid Tier-1 securities, because the bank is still mired in retained losses.



'Look to Middle East, India'

The Middle East and India, with their fast-expanding economies, are becoming attractive markets with trade opportunities in a variety of sectors, particular jewellery and consumer goods, a trade fair planner said yesterday.



Exit Chaiyo's Ultraman goods

Major department stores and hypermarkets across the country will have to stop displaying and selling Ultraman character goods licensed by Chaiyo Productions.

IN BRIEF

Agricultural co-ops successful abroad

Products made by members of agricultural cooperatives nationwide are getting a warm welcome abroad, with their export value reaching nearly Bt208 million last year.



'Unique' Mazda 3 makes its Thailand debut

Mazda Sales (Thailand) yesterday debuted the latest Mazda 3, which is said to offer a unique design and ultimate performance in power and handling, at a starting price of Bt816,900.

LATE NEWS

Guarantee for e-commerce

The Business Development Department yesterday said it would issue a guarantee mark for e-commerce websites to protect consumers from cheating.



Egat cuts bond issue by Bt3 bn

The Electricity Generating Authority of Thailand (Egat) has reduced the size of its bond issue set for the latter half of this year from Bt14 billion to Bt11 billion due to the sluggish economy.



Bt65m project to turn waste into oil

The Energy Ministry yesterday unveiled a pilot project to turn plastic waste into crude oil, expecting the Bt65-million investment to offer an alternative way of reducing pollution.



OKI to expand production in Thailand

Oki Electric Industry has announced plans to expand production at its Thai plant, to make more parts for liquid-crystal-display (LCD) panels called driver large-scale integration (LSI) chips.



Trade-show organiser sees opportunity amid uncertainty

While many companies are worried about the economic slow-down and political uncertainty, VGI Kengkarj is taking the opportunity to start building up its trade-exhibition business and expects to become strong among international trade-exhibition organisers in the next three years.



Football fever brought to you by Samsung

Samsung Asia yesterday signed a regional contract with the Asian Football Confederation (AFC) to be an official sponsor of the AFC Asian Cup 2007.



JBIC to wait for new govt

The Japan Bank for International Cooperation (JBIC) prefers to wait until an elected government is in place before extending infrastructure loans to Thailand, a Transport Ministry source said yesterday.



Cerelac seeks sales boost via new image

Nestle (Thai) yesterday unveiled a proactive marketing strategy for its Cerelac infant nutrition line, backed by a budget of more than Bt50 million. The strategy includes a new logo and more modern packaging.

TOURISM

TAT will control card firm

Focus will switch to quality services

STREET WISE

Culture event disappoints

Considering our average life spans, you must admit that 110 years would be a long journey.



HR transformation

lHalf of HR functions around the world are transforming, driven by changing business and organisational needs



DTAC offering proves a success

Total Access Communication (DTAC) yesterday announced the success of its initial public offering, which has been oversubscribed three times despite the shadow of political uncertainty hanging over the market.

HUMAN RESOURCES

Challenges force a change of focus

The human-resource function in companies around the world is continuing to shift its focus from enhancing internal operations to maximising contributions to business performance, according to global HR experts, Mercer Human Resource Consulting.



Gems trade to fall 15%

The gems and jewellery market this year, including exports, is forecast to shrink about 15 per cent from US$5 billion (Bt173 billion) last year due to the slowing economy, fewer tourists and the stronger baht.



Panasonic cutting costs as exports hit

Major consumer-products manufacturers have initiated cost-cutting measures to offset the impact of the baht appreciation, which has affected their export performance.






Top Stories



Thai working hours 'too long'

Remark puts SET in a spin

Exporters of frozen food feel the pinch

Shin sells out for Bt472m

Subhak silent on rumours


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