NATURAL PARK
New bid for funding
Firm plans private placement after rights issue fails
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No amnesty for bad-risk debtors
Creditors yesterday dismissed a proposal by the National Credit Bureau (NCB) to give a form of amnesty to debtors by reducing their track record in the bureau from three years to two years.
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Company reports
KRUNGTHAI CARD (KTC) said parent bank Krung Thai Bank would cancel provision of management services for Visa Electron-Krung Thai Cards and terminate the agreement for management of and services to the call centre that KTC had been providing.
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Talks on trading privilege for 'exclusive partners'
The Association of Investment Management Companies will discuss with the Stock Exchange of Thailand (SET) about whether the trading-fee privilege awarded to "exclusive partners" favours asset-management firms, association chairman Maris Tarab said.
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STOCK FOCUS
BEC World
Kim Eng Securities (Thailand) has maintained its long-term "buy" recommendation on BEC World shares, with a fair-value estimate of Bt25 apiece.
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BOT loosens rules on foreign stakes
The Bank of Thailand (BOT) has given its approval to foreign companies raising a maximum of Bt3 billion by listing on the Thai stock market, provided that a stake in the company is held by Thais, Stock Exchange of Thailand (SET) president Patareeya Benjapholchai said yesterday.
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Major links with fast food giant
Major Cineplex Group, the largest local cinema operator, yesterday launched the world's first "movie delivery" service in a link-up with fast-food giant McDonald's.
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Delays to AEC hit investment
Delays in creating an Asean Economic Community (AEC) have led to a fall in foreign direct investment in the region over the past 12 years and will pave the way for Japan's East Asia Community (EAC) proposal to overshadow Asean integration, says the Commerce Ministry.
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I'nesia may review rice imports as stocks rise
Indonesia's National Logistics Agency (Bulog) may reconsider its plan to import more rice after a significant increase in the agency's rice stocks in the first five months of the year.
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Rising baht, transport costs to hit rice exports
Rice exports will fall short of the 8.5-million-tonne target for the year, mainly due to the baht's appreciation and higher transport costs, Rice Exporters' Association president Chookiat Ophaswongse said yesterday.
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Mitsui Thai plan
Mitsui Oil Exploration plans to begin producing crude oil in northern Thailand as soon as next year, marking the first time it will be in charge of both developing and operating such a project, The Nikkei newspaper reported.
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TOT forced to talk
The national telecom regulator will force TOT into talks with cellular operator Total Access Communication (DTAC) over their interconnection-charge dispute.
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Late news :FTI seeks buyers in US, Africa
The Federation of Thai Industries (FTI) is to hold business-matching events in the US and Africa where Thai small and medium enterprises can meet foreign buyers.
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Central steps up marketing campaign
Central Pattana (CPN) has allocated a massive Bt800-million marketing budget for this year and is working hard to convince not only locals, but also international shoppers to visit its 10 Central Department Stores throughout the Kingdom.
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Major links with fast food giant
Major Cineplex Group, the largest local cinema operator, yesterday launched the world's first "movie delivery" service in a link-up with fast-food giant McDonald's.
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PM plans talks on India FTA
Prime Minister Surayud Chulanont will lead a delegation to India next week to hold talks on political and economic issues, particularly the finalising of the Thailand-India Free-Trade Agreement (FTA).
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IN BRIEF
Horticulture :Orchid growers to be given royal land in drive to increase exports
The Agricultural Land Reform Office and companies Thai Orchid and Bangsai Garden are working to boost orchid exports.
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SCG looks abroad
The Siam Cement Group is conducting a feasibility study to decide whether to invest in a petrochemical complex in Vietnam, and expects it to be completed in a year.
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Insurers plan to merge
Non-motor insurance giant Phatra Insurance and motor-insurance innovator Muang Thai Insurance yesterday confirmed year-long rumours by announcing plans to amalgamate the companies.
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Thonburi Hospital celebrates 30 years with new facility and infrastructure investment
Thonburi Hospital Plc yesterday celebrated its 30th anniversary by announcing it would invest Bt900 million in new infrastructure and facilities over the next two years in hopes of attracting more medical tourists.
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DSI to decide on charging Thaksin
The Department of Special Investigation (DSI) will announce today whether it will charge ousted premier Thaksin Shinawatra of alleged share concealment in the case linking British Virgin Islands-registered Win Mark with his family's property company, SC Asset.
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Confidence up: Santi
Investor confidence is on the rise, a survey of 19 industrial sectors in May has shown, Santi Vilassakdanont, chairman of the Federation of Thai Industries (FTI) said yesterday.
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STREET WISE
More bad news for Thaksin?
Deposed PM Thaksin Shinawatra may face yet another obstacle in his £90-million (Bt6.18 billion) takeover bid for Manchester City Football Club.
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The recipe for global spa success
Two government agencies have a joint secret recipe to make spas the rising star of the SME sector.
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Employees'choice
A new approach has brightened the world of provident funds but is catching on slowly with firms and workers
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Good kids growing up
A policy of self-censorship has kept a website popular amongst
secondary and college students for eight years
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