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Tue, June 26, 2007 : Last updated 20:02 pm (Thai local time)



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INTELLECTUAL PROPERTY

Bandung Declaration

Developing countries seek fair deal on rights



MINING FIRM

Tongkah held to account

Watchdog says company's financial statements did not comply with accepted principles



SHIN SATELLITE

Unit dishes out better TV

New DTV brand set to become main revenue source



Leather firms form cluster

Due to a dramatic drop in domestic sales, leather operators are establishing a cluster to reduce production costs and boost competitiveness in the international markets.



Insurance Department delays decision on Thanasin

The Insurance Department has further delayed its decision on whether permanently to withdraw the licence of financially troubled Thanasin Insurance, which has missed a deadline to inject Bt200 million into the Insurance Fund.



SME Bank's massive loan plan

The Small and Medium Enterprise Development Bank of Thailand (SME Bank) plans to grant loans of Bt31.5 billion this year, a major hike from last year's Bt20 billion, because it says commercial banks are being tougher in their extension of credit to small- and medium-sized enterprises (SMEs) amid the present economic gloom.



Bangchak doubtful about achieving gasohol target

Bangchak Petroleum is pessimistic about Thailand's daily gasohol consumption reaching 8 million litres this year, as expected by the Energy Ministry.



MBP invests Bt30 million in Albedo

MBP Leather Industries will spend Bt30 million over the next three years in an attempt to establish its Albedo range as a high-end brand in the domestic and international markets.

TOURISM INDUSTRY

Thailand plans to head off rivals

Quality is the key in the drive to become Asia's leading destination



TOT not talking to DTAC

TOT is refusing to comply with the national telecom regulator's order to negotiate an interconnection agreement with cellular service provider Total Access Communication (DTAC).



McCafe's Thai debut in The Esplanade

Buoyed by its successes in major markets like the US and Australia, McDonald's has launched its own coffee-house business in Thailand.



The 1997 meltdown: a hard lesson learned by the banks

According to Kosit Pampiemras, the deputy prime minister and industry minister, Thailand will never again face a financial crisis on the scale of the 1997 meltdown. That hard lesson has been learned.

STREET WISE

For Thaksin, the price is right

As time goes by, ousted prime minister Thaksin Shinawatra is making steady progress in strengthening his relationship with Great Britain.



Foreign businesses wait for law

Thailand's foreign business communities, including many chambers of commerce, are waiting anxiously for developments in the current passage of the amended Foreign Business Act through the National Legislative Assembly (NLA).



Thai contract :Adani to prospect for oil, gas

The India-based Adani Group has won a bid to prospect for oil and natural gas in Thailand, less than a year after it bid successfully for two exploration blocks in India, The Mint newspaper reported last week.



Upgrade of Koh Samui hotel resort

The Tongsai Bay Hotel and Resort on Koh Samui is spending Bt40 million to upgrade the property and expects it to be ready to attract a new tourism market segment in the coming high season.



MAI unlikely to list 20 new firms this year

Thailand's second-tier market is unlikely to list the 20 new companies it expected this year, due to the sluggish economy.



GPF looks overseas

The Government Pension Fund (GPF) expects higher returns of between 7 and 7.5 per cent from its investments this year and plans to invest more in overseas stock markets, its secretary-general said yesterday.



Company reports

KHON KAEN SUGAR INDUSTRY reported that the board of subsidiary Koh Kong Plantation approved a registered capital increase of US$11 million (Bt381 million), to invest in sugar-cane plantations as a concession right in Cambodia.

STOCK FOCUS

Bumrungrad Hospital

Tisco Securities has upgraded its recommendation on Bumrungrad Hospital shares, with a 12-month target price of Bt63 apiece.



These Igloos are really cool!

Fashions of the 1960s or 70s are going nowhere - they are consistently in trend. And they have prompted the retro-styled clocks called "Igloo".



Pay yourself first

Two executives at asset management firms have different strategies for retirement, but both say the key is regular, disciplined saving



The game's the thing

Competition fever was all it took to catapult Natjira Honda to the top of the recreational- computer trade






Top Stories



Saprang lashes out at Vuthipong

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Ministers clash over TMB Bank

Thai Privilege in Suzhou

PM soothes Japanese fears


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