Company reports
SHUN THAI RUBBER GLOVES' board of directors endorsed the omission of a dividend payment for the 2005 operation.
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Student loans to back bond offering
The Student Loan Fund is preparing to securitise its loans to mobilise Bt20 billion.
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Fuel usage fell in February
The Energy Ministry reported yesterday that petrol and diesel consumption in February fell by 13 to 15 per cent from the same month a year ago because of higher fuel prices and the government's energy-saving campaign.
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IN BRIEF
Housing Industry
Riverside Homes Development expects Bt3.5 billion in sales
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KGI sets lofty futures target
KGI Securities (Thailand) is looking to achieve an 8-per-cent share of the derivatives market to become one of the country's top five brokers in the field in its first year.
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Insurance scheme a blessing to travel agents
Travel agents selling airline tickets through the International Air Transport Association BSP (billing and settlement plan) will no longer need to provide bank guarantees, thanks to an insurance programme launched yesterday.
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Politics 'won't hit exports'
Thai commercial counsellors from 55 overseas offices yesterday said they were confident that the current political strife would not affect the export growth target of 17.5 per cent for the year.
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MANUFACTURING
Bosch plans plant expansion
New chief executive waxes confident, says German giant will outperform its market peers
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LATES NEWS
Listed firms' profits up 13%
Last year, net profit at 456 listed companies jumped 13 per cent to total Bt537.39 billion. But only 393 companies reported a net profit while the others were in the red, according to the Stock Exchange of Thailand.
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Sixt has big local plans
Sixt Thailand, the country's first franchise of a European car-rental business, targets sales growth this year of 10-20 per cent and plans to increase its fleet from 300 to 400 vehicles.
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Others may follow Kbank and up rates
Large banks are likely to raise interest rates next week to stay competitive following a move yesterday by Kasikornbank (Kbank) to hike rates by 25-75 basis points.
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Foremost to revamp IT system for a cool Bt400m
Friesland Foods Foremost (Thailand) Plc yesterday announced that it would invest more than Bt400 million in an overhaul of its information technology system.
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New five-star resort set for operations in Chiang Mai
Meritus Hotels & Resorts will welcome guests for the first time to Chiang Mai on August 9 with the opening of Meritus Chiang Mai Riverside Spa Resort, a luxurious five-star resort just 15 minutes from the city's airport.
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