The Thailand Research Fund (TRF) has proposed that the government come up with better alternative vehicles, such as the plug-in hybrid car, which uses less fuel and instead focuses on electricity.
To cope with the forecast economic downturn next year, the Commerce Ministry is setting up a new trade office to increase its ability to deal with economic troubles.
Pan Pacific is spending Bt300 million refurbishing its hotel in Bangkok and is also expanding to manage luxury residences in the capital for the first time.
The national telecom regulator's dispute-settlement committee will consider the interconnection-charge case between CAT Telecom and Advanced Info Service (AIS).
The rise in the interbank rate in London has complicated the dispute between the Small and Medium Enterprise Development Bank of Thailand and Standard Chartered Bank.
In a bid to curb speculation in the local market, two UKbased banks in Thailand - HSBC in Thailand and Standard Chartered Bank (Thai) - yesterday insisted that they don't plan to get capital from the UK government's bailout plan.
Asian Property Development is considering revising its plan to launch six residential projects worth nearly Bt6 billion this quarter, should the domestic political situation remain uncertain.
For most chief executives, retirement means passing the baton to a bright capable successor and then riding off into the sunset.Not so for Charuvarn Vanasin, who retired as chief executive of Lowe Thailand in 2000 but still plays an active role in the business.