Latest:

• No lay-offs at PTT

  PTT and its affiliates will not lay off employees in the face of the global economic slowdown, which has pulled down the prices of oil and petroleum products, president and CEO Prasert Bunsumpun said yesterday.

• Govt 'should also shore up oil palm, rubber prices'

  Despite the Cabinet's recent approval of a generous price-guarantee scheme for three crops, the government needs to step forward to shore up rubber and oil-palm prices otherwise Bangkok would be faced with more protests, according to Charoen Pokphand Group.

• BTS ventures into property

  Company wants to use its cash to create additional sources of revenue

• 'Make economy the focus'

  The government is being urged by the Northeast Chamber of Commerce to pay more attention to economic stability than political stability, as the public is in need of advice and assistance to adjust to the global economic crisis.

• Thai carpet-maker ties up with UK firm

  Couristan to cut costs by shifting manufacturing site

• Dutch Mill plans jv operation in India

  Dutch Mill Group plans to open a joint-venture dairy plant in India in three years as it strives to become the leading dairy manufacturer in Asia.

• Star IPO put on hold

  PTT, Thailand's biggest oil company, said its Star Petroleum Refining venture would scrap an initial public offering as the global financial crisis has led to a sharp fall in the stock market.

• More information from mutual funds

  The Securities and Exchange Commission has ordered all mutual-fund companies to disclose their investment portfolios on a monthly basis instead of every six months.

Keeping them smiling