Italian-Thai lowest bidder for terminal

   The matter will now be sent to an evaluation committee. If everything goes to plan, construction will begin next month, sources said. 

Singapore roadshow

Tisco Securities and Deutsche Bank are taking 12 listed companies to a roadshow in Singapore tomorrow and Friday, to woo investors to the Stock Exchange of Thailand and the Market for Alternative Investment.

   Tisco hopes that the roadshow will boost investment sentiment. Others joining the event include Tisco Bank, Bangchak Petroleum, Hemaraj Land and Development, Major Development, MCOT and Property Perfect. 

Exim trade portal

The Export-Import Bank of Thailand has launched a Web-based Export and Overseas Investment Information Centre to furnish Thai entrepreneurs and the general public with information on the economic situation in Thailand and its trading partners.

   Serving as a portal to related agencies' websites, via www.exim.go.th, the information centre also provides online country information, prospects for Thailand's agricultural and industrial products, and information on the bank's services. 

DEP seeks Bt550m

The Department of Export Promotion has asked the government to set aside a budget of Bt550 million to support its plans next year.

   Director-general Rachane Potjanasuntorn said the department would mainly allocate the budget to promote export growth to new potential markets and reduce logistics costs - a major obstacle to export growth.

The department has Bt26.9 million left in the export fund for next year's promotional plans. 

Bt5-bn Raimon loan

Raimon Land has secured a Bt5-billion project loan for The River, its largest project to date.

   The loan is a syndicated facility provided by Standard Chartered Bank (Thai), TMB Bank and Siam City Bank. It will be used to fund the development cost of The River.

   The River, located on the banks of the Chao Phya, has a targeted sales value of Bt13 billion. The value of unit sales to date has exceeded Bt7 billion, or about 54 per cent of the project value.

PTT to rename Jets

PTT is expected to change 86 Jet stations to the PTT brand name at the end of the year.

   Sixteen Jet petrol stations were changed to PTT last month. However, PTT will continue to use the Jiffy retail store brand. 

Schindler lifts prices

Jardine Schindler (Thai) has increased its elevator prices by 8 per cent and those of its escalators and moving walkways by 6 per cent.

   The company attributed the move to continuing increases in costs of fuel, commodities and speciality metals, resulting in unavoidable increases in manufacturing and product transportation. It said improvements in production efficiency and sourcing had minimised the full impact. 

Liquid sweetness

Mitr Phol Group has delivered two new premium-quality liquid sugar products, Sucrosweet and Inversweet. The group has also established Thailand's first liquid-sugar plant. The facility in Dan Chang, Suphan Buri, has an investment of about Bt200 million.