HOME APPLIANCES
LG sprucing up its image
Bt1 bn set to build brand leadership
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K-Asset seeks more variety
Kasikorn Asset Management (K-Asset) will explore other sales channels this year, to wean itself away from heavy dependence on its parent banks' customers, its new president said yesterday.
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Most firms not ready for accounting upgrade
Banpu Plc is one among many Thai corporations not yet ready to upgrade their accounting standards to comply fully with the International Financial Reporting Standard (IFRS), says CEO Chanin Vongkusolkit.
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FINANCIAL SECTOR
Politics to hit lending: banks
Bankers say concerns over political uncertainty could hit banks' lending during the second and third quarters, but there are still positive signs of lending growth in the current quarter.
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IN BRIEF
THAI to unload four ageing aircraft for $136 million
Thai Airways International will sell its four MD11 aircraft for a total of US$136 million (Bt5.3 billion), or an average of $34 million each, which is higher than their book value of $15 million-$16 million apiece, said THAI acting president Somchainuk Engtrakul.
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Mazda has high hopes for BT-50 pickup
Mazda this year expects to sell 20,000 BT-50 pickups, which made their global debut yesterday in Bangkok.
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LATE NEWS
Body to draft TOR for IPP
The Electricity Regulatory Board appointed a subcommittee to draft terms of reference for the second round of independent-power-producer bidding.
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Online service proves a hit
More than 20,000 Thai citizens have used the US Embassy's new online visa application appointment service since its introduction on January 19.
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Tafta has boosted investment from Down Under
The implementation of the Thai-Australian Free-Trade Agreement (Tafta) in January of last year has not only boosted trade in goods, but also investment from Down Under.
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AMUSEMENT PARK
Big facelift for Suan Siam
Renovation, new Thai cultural area planned
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Clampdown on cassava collusion
The Commerce Ministry has threatened to revoke contracts with tapioca mills under the pledging programme if they pay farmers less than the intervention price for cassava roots.
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AIS swears off politics, focuses on business
Leading cellular operator Advanced Info Service Plc (AIS) says it is focused solely on doing business and wants nothing to do with politics.
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State firms told to back off on imports
Deputy Prime Minister Somkid Jatusripitak yesterday ordered the top five state-owned enterprises to delay unnecessary imports, in a bid to curb the trade deficit and maintain economic growth.
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STREET WISE
Blacklist leads to hard choices
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Singapore says Shin deal purely a business matter
In spite of demands from thousands of protesters, a Singaporean envoy told their representatives that the government would not interfere in state-run Temasek Holdings' decision to take over Shin Corp, reasoning that the decision was purely business.
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Doubt cast on viability of Picnic's share sale
Financially ailing Picnic Corp Plc is unlikely to achieve its planned Bt1.48-billion fund mobilisation, which could put the company on the verge of going bankrupt, said a senior official at the Stock Exchange of Thailand (SET).
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