Continental to invest 100 million pounds

The manufacturing plant will be completed early next year and is expected to be operational by midyear, Reuters said.

The move reflects Continental's strategy to strengthen its operations in Asia, where it aims to generate 20-25 per cent of its sales by 2015. The plant will create 1,000 jobs.

Quake relief

The CP Group will donate Bt55 million worth of cash, food and medical supplies to China's relief effort after Monday's deadly earthquake in Sichuan province.

Group chief Dhanin Chearavanont, as chairman of the Overseas Chinese Entrepreneurs Association, offered another 2 million yuan (Bt9.26 million) to help the victims.

The association acts as an intermediary in raising funds from overseas Chinese and has already collected 65 million yuan.

New NCC contract

NCC Management and Development, operator of the Queen Sirikit National Convention Centre, has been awarded a contract to manage the new Prince of Songkhla University International Convention Centre.

The contract takes effect next month.

Situated on the Hat Yai campus of Prince of Songkhla University, the 54-rai modern centre features southern architecture, has more than 15,000 square metres of usable space and can accommodate more than 4,000 people.

OMD scores big

OMD Worldwide was recently awarded a global media planning and buying contract from Intel, beating finalists like Universal McCann and Starcom Digitas.

This represents OMD's second global deal so far this year, after Visa. The Intel account will be managed by OMD through hubs in each of Intel's regions, including the Asia-Pacific, the Americas and China.

Air-conditioner deal

Midea Air-Conditioning Equipment (Thailand), the local subsidiary of China's Midea Group, recently awarded a distribution contract to MD Distributor (Thailand).

Under the deal, MD Distributor will sell Midea air-conditioners in Thailand.