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Economy August 06, 2014 01:00

By The Nation

Adviser favours water, rail ministries

Two administrative agencies for water resources and railways should be set up to pave the way for public-service reform, a legal adviser to the National Council for Peace and Order said yesterday. 
Wisanu Khruangam said the country had tried for more a decade to determine what number of ministries is appropriate. The state now has 20 ministries, up from 12 originally. 
He wondered whether it was time for the government to revise its administrative structure. There have been talks about the establishment of a ministry for water resources, for example, that would gather all water-related agencies under its umbrella. 
There have also been discussions on the establishment of a railway department governing regular, high-speed and commuter trains.
More HomePro stores planned
Home Products Center, which operates the HomePro chain, plans to open at least five branches, especially in areas popular among tourists and with good growth potential, after seeing signs of economic recovery in the rest of this year.
It is also penetrating Malaysia, with the first HomePro home-improvement outlet scheduled to open there next quarter.
For the first half, sales soared 20.9 per cent to Bt23.10 billion, while profit increased 20.4 per cent to Bt6.06 billion. 
Sales were higher at both existing and new stores, managing director Khunawut Thumpomkul said yesterday. 
KCE reports strong Q2 growth 
KCE Electronics, a large manufacturer and exporter of printed circuit boards, is confident of continued revenue growth in the second half of the year.
The company recorded sales worth Bt2.8 billion and net profit of Bt478.9 million in the second quarter, executive chairman Bancha Ongkosit said.
Bancha added that in the first six months of the year, the group posted consolidated sales of Bt5.58 billion and net profit Bt918.3 million, compared with Bt4.26 billion and Bt469.3 million in the same period of 2013. Basic earnings per share for the first half of 2014 increased to Bt1.76 from Bt1.02 in the same period of last year.