Growth-firm rank is average
A survey by the Grant Thornton International Super Growth Index found Thailand ranked just below the middle, along with Singapore and Taiwan.
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CM cuts exposure to govt
Spooked by the unpredictable political environment event planner CM Organiser Plc will cut back on the number of government projects it bids on.
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THAI chief hunt on again
Thai Airways International Plc's selection of a president is likely to face further delays because it wants to look beyond the four inside candidates that made the final cut, a source said yesterday.
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Steel-makers 'need to merge'
The country's steel companies should lay the foundations for enlarging their capacity by linking with other steel-related businesses to form a fully-integrated industrial chain, according to industry executives.
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LATE NEWS
PTT Utility signs power contract
PTT Utility Ltd, a subsidiary of oil and gas conglomerate PTT Plc, has signed an agreement to supply steam power and electricity to MIG Production Ltd, or MIGP, for 15 years, it said yesterday.
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Plenty to play with at new store
Learning Curve Toys Co Ltd yesterday announced the opening of its flagship retail store in Bangkok and plans to open franchise outlets in other parts of the country.
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Dr Marten's tunes into the young set
British shoe manufacturer Dr Marten's plans to apply music marketing this year as it seeks to capture a younger segment of the market.
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DEVELOPMENT
41% fewer homes get under way
Most popular price range is between Bt501,000 and Bt1 million per unit
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Siam City Cement launches magazine
Siam City Cement Plc, manufacturer of "Eagle" cement, yesterday launched its "Bird's. Eye. View. (BEV)" magazine.
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Company Reports
ASIA HOTEL'S board voted not to pay a dividend for the company's 2005 operations after it posted a loss last year.
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FOCUS ON MANAGERS
How to ensure the family firm doesn't hurt the family unit
I have conducted a great deal of research on small family firms, but a talk I recently attended provided me with more wisdom than any academic research.
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Business groups await survey results
Thailand's top three business organisations are awaiting the outcome of a survey of their members concerning the current political turmoil and plan to issue a statement soon, the Board of Trade's deputy secretary Pornsilp Patcharintanakul said yesterday.
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BUSINESS GROUPING
Two in battle for FTI presidency
Santi, Kiatipong take different stands on dealing with politics
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Biznews round-up
- Finance Minister Thanong Bidaya said he had yet to see TMB Bank's plan to raise funds.
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Hot Stocks
Stock: Krung Thai Bank (KTB)
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Moody's to review TMB Bank rating
Moody's Investors Service has announced a review of its financial-strength rating of TMB Bank Plc for possible upgrading. The bank's debt and deposit ratings are unaffected by the action.
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KTB bonds to fund units overseas
Krung Thai Bank is issuing foreign currency-denominated bonds to finance the high cost of funding overseas branches, particularly in the US and Singapore.
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Phyathai airs upgrade plan
Despite being in rehabilitation, Prasit Patana Plc, operator of the Phyathai Hospital chain, plans to inject Bt3 billion into service improvements as part of a five-year plan to become a one-stop medical centre.
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TROUBLED GAS SUPPLIER
Picnic heads off legal action
Agrees to pay interest to creditor on defaulted bill of exchange
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STREE WISE
No news is good for business
Prior to the emergence of Temasek Holdings' deal with Shin Corp Plc, businessmen were very bullish about the economic prospects. Compared to last year, this year was to have been a bonanza, given that people had become used to the high oil prices, bird flu seemed to be under control, and no more tsunamis were on the horizon.
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Controversy dogs executive
Surin Upatkoon is no stranger to controversy.
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ANALYSIS
'Datuk Surin' steps into the picture
Thai-Malaysian Surin Upatkoon has emerged at a crucial time as Temasek Holdings' takeover of Shin Corp confirms worries that the foreign ownership of several Shin subsidiaries is breaching statutory limits. The Business Desk reports.
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INVESTMENT
Global worries 'are mounting'
Morgan Stanley scales down Thai growth as sentiment dives
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