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.

• Kiatnakin not immune to credit crunch

  Kiatnakin Bank, though reporting solid growth in hire purchase over the first nine months compared with the end of last year, is likely to feel the effect of the credit squeeze next year.

• Capital faces oversupply of condo units

  Falling demand leaves developers with a large inventory of unsold units

• Lower revenues could lead to lay-offs next year

  Most Thai businessmen believe they will suffer a drop in revenue this year, because the global financial crisis has pulled down demand and commodity prices.

• Lampang turns to Russia, Mideast

  Ceramic firms in Lampang will turn to Russia and the Middle East after orders from the US and Europe plunged.

Keeping them smiling