No Chinese milk ingredients: Kraft

No milk ingredients from China are used in Kraft Foods' manufacturing plants in any country outside China.

The company sells biscuits, cheeses, confectionery, salad dressings, spreads and other products under brands including Oreo, Ritz, Philadelphia Cream Cheese, Toblerone and Miracle Whip. - The Nation

Robinson lease

Robinson Department Store expects to earn Bt362 million from extending a 30year ground lease on Srinakarin Road to Central Pattana.

Robinson reported to the Stock Exchange of Thailand yesterday that CPN would use the land to develop a community mall, which will open in October 2010. - The Nation

BECL to sell bonds

Bangkok Expressway, the coun¬try's largest private tollroad operator, plans to sell Bt7.5 bil¬lion of bonds to repay debt.

The bonds will have maturity of three, five, and seven years. The company did not specify when it would sell the bonds.

BECL joins large companies including Siam Cement, the country's biggest buildingmate¬rials maker, and Thai Airways International in selling debt to tap lower borrowing costs as bond yields decline.

Kasikornbank will manage the bond sale. - Bloomberg

Fujitsu may divest 

Fujitsu is in talks to sell its unprofitable storagedrive business, including its Thai operations, to Western Digital, Fujitsu executives said, asking not to be identified because the discussions were preliminary.

The Nikkei newspaper reported this week that the business might fetch ¥70 billion (Bt22.7 billion) to ¥100 billion, but Tokyobased Fujitsu said in a statement that the report had no factual basis.

Deutsche Bank and JPMorgan Chase said the storagedrive industry is facing falling prices and competition from flashmemory chipmakers.

The sale would include plants in Japan, the Philippines and Thailand with 15,000 workers, the Nikkei reported, without saying where it had obtained the information. It would be the largest businessunit sale by a Japanese electronicsmaker and raise Western Digital's market share to almost the same as market leader Seagate Technology, Nikkei reported. - Bloomberg

Diageo campaign

Diageo Moet Hennessy (Thailand) has spent over Bt100 million to roll out its regional ad campaign "The Pact Between Men" to boost its Johnnie Walker Scotch whisky brand's "Keep Walking" philosophy.

Vorarat Charoonsmith, marketing director for Johnnie Walker, said yesterday the campaign would employ a 360degree marketingcommunications strategy including TV, outdoor ads, print media, publicrelations activities and pointofpurchase communications. The campaign will run for four months with men aged 2534 as the key target group. - The Nation