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ANTI-SINGAPORE BOYCOTT No quick windfall, say AIS rivals Major exodus of clients from market leader seen as unlikely TELECOM ALLIANCES TOT seeks partnership with Yahoo Broadband venture with US, Japan firms on the cards; also talking to BT and Vodafone ALTERNATIVE MARKETS There's more to investing than stocks Investors can also consider real estate, private equities and commodities via mutual funds LET'S RELAX Innovative spa chain has big plans Traditional Thai massage cured a stomach ache and a now-thriving business was born STREET WISE Taiwan stays on top of the cycle Everything evolves, to the benefit of some and the detriment of others. ANALYSIS Swallowing the bitter sugar pill Liberalisation of the sugar industry would let the market mechanism play its role, which should bring an end to shortages, but liberalisation could have a serious impact on consumers in the near future, Achara Pongvutitham and Petchanet Pratruangkrai report. Nissan revs up in Thailand Nissan Motor Co Ltd will soon start exporting Thai-made cars and trucks to Australia under new free-trade privileges. Thai Bev on SGX 'means big losses' A Thai Beverage Plc listing on the Singapore Exchange (SGX) would push away an estimated Bt30 billion of potential foreign investment in the company's local stock, according to the Stock Exchange of Thailand. Consumers still splurging with plastic Consumers continue to enjoy a spending spree with their credit cards with expansion of 25 per cent in January, according to Bank of Thailand (BOT) data. Malls brave political storm with summer temptations Despite the continuing political turmoil, shopping complexes and department stores are in competition to capture a slice of the Bt8 billion expected to be spent during the upcoming summer season. Steel industry remains upbeat despite current tensions Domestic demand for steel could fall and force producers to reduce output if political tensions continue, according to the Iron and Steel Institute of Thailand. BANKING KTB to up its stake in Trinity Watthana Ultimate size of increased holding thought unlikely to exceed 50 per cent Internet cafe chain Netopia feels the heat from Bangkok city ordinance A recent ordinance in Bangkok barring students from Internet cafes during school hours has hurt Philippine Internet-cafe chain Netopia.	Top Stories Shin deal 'is starting to unravel' Singapore says Shin deal purely a business matter Prachai buys time Public mood sparks grave concerns Cathay adds planes, denies foreign links

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