Briefs

The Finance Ministry has decided to delay resumption of the two-

and three-digit lotteries following consultation with the Council of

State about legal issues, Deputy Finance Minister Pradit

Pataraprasit said yesterday. The ministry had planned to restart the

lotteries next month. - The Nation

Investing for the long term

Aberdeen Asset Management, one of the leading investment firms in

Thailand, has launched a nationwide campaign promoting the value

of long-term investment among local investors.

Aberdeen's "Pearls of Wisdom" programme will be supported by

four of the company's key partners - HSBC, Phatra Securities,

Standard Chartered and Citibank - and will involve a roadshow and

a series of seminars.

"The campaign reflects our company's buy-and-hold equity style

and our focus on fundamentally sound companies. The campaign is

mainly educational and cites the example of well-know investment

giants who counsel patience over panic at times of market stress,"

said Robert Penaloza, chief executive officer of Aberdeen Asset

Management. - The Nation

Bt260-million transformer deal

QTC Transformer has clinched a deal to supply its products to the

Provincial Electricity Authority and the Metropolitan Electricity

Authority.

The company will supply Bt260 million worth of transformers to the agencies by the end of the year. - The Nation