Company reports
GLOW ENERGY announced that it could not comment on the merger of its parent company, Suez, with Gaz de France in February.
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Politics hits Hua Hin housing scene
In view of the current political conflict in Thailand, foreign investors are maintaining a wait-and-see attitude when it comes to buying a vacation home in Hua Hin, said Praphaisith Tankeyura, managing director the Boathouse Hua Hin property development company.
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Expedite numbering policy, DTAC urges
Total Access Communication (DTAC) has urged the national telecom regulator to bring forward its scheduled September launch for the new national numbering policy, to increase the regulator's reserve mobile-phone numbers more quickly.
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Export deals abound for fruit
The Export Promotion Department yesterday held a business forum for overseas importers and Thai exporters to get sales rolling on export fruit that will enter the market next month.
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Tesco sold on energy-saving projects
Tesco Lotus has boosted its annual investment in energy-conservation projects by 123 per cent this year. The focus is on six major projects, covering air-conditioning, lighting and ventilation systems.
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Neo Exhibition gets its matrix right with first overseas show
Last weekend's International Livestock and Dairy Expo (Ildex) may have attracted only 10,000 visitors during the three-day event, but organiser Neo Exhibition considers it a success. The event marks the Thai company's first job abroad and should pave its way into other foreign markets.
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REAL ESTATE
Noble eyes foreign partners
Developer plans to build Bt2-bn shopping centre
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LATE NEWS
Panel to mull farmers' debt
The Cabinet yesterday ordered government agencies to urgently set up a committee to consider debt compensation of Bt150 million to 1,500 farmers' organisations.
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DTAC grabs subscribers from rivals
Total Access Communication (DTAC) expects to show a net increase in subscribers in this year's first quarter.
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ATTA holds urgent meeting
The Association of Thai Travel Agents (ATTA) will hold an emergency meeting in Bangkok today in an attempt to slow visitor cancellations, which reached 65,000 this month.
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Philips Shavers in WilliamsF1 tie-in
Philips Shavers has agreed to sponsor the WilliamsF1 car-racing team.
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New online hotels portal
Asia Web Direct, operator of leisure websites in 29 Asian countries, has revealed its latest portal, www.bangkok.com, where travellers can book hotel rooms and packages in Thailand.
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Producer of Pigeon baby products searching for niche markets
Moong Pattana Marketing Co Ltd, the local manufacturer of Japanese-branded Pigeon baby products and accessories for one- to three-year-olds, is studying the market potential of food and garments for children in order to diversify its business after seeing a steady decline in the birth rate since 2002.
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POLITICAL FALLOUT
Mall Group sees slight fall in sales
Hopes other activities, including Toy Fair, will make up for shortfall
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Biznews round-up
Stock Exchange of Thailand president Kittiratt Na Ranong yesterday said that he would soon submit his resignation after he learned that Thai Beverage a few days earlier had filed an initial public offering application with the Monetary Authority of Singapore.
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Kbank high-interest account
Kasikornbank is offering interest of 4.5 per cent per annum for its special eight-month time-deposit accounts.
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Dividend e-payment may be the way to go
Dividends paid by cheque are about to cost listed companies Bt15 each, an increase of 200 per cent.
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Hot stocks
Stock: Padaeng Industry Plc (PDI)
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ANALYSIS
PM's scare tactics unconvincing
Caretaker Prime Minister Thaksin Shinawatra told a recent gathering of his supporters that without him as prime minister, Thailand might relapse back into the dubious care of the International Monetary Fund (IMF).
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RIGHTS OFFERING APPROVED
Picnic chief soothes investors
Pongthep says family, allies will take up capital-increase issue
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STREET WISE
Taxi protests and ringing slogans
With each passing day, anti-Thaksin protesters are gathering strength, and their numbers marching on Silom Road are growing. And so are the numbers of pro-Thaksin supporters judging by those who appeared at The Nation building yesterday.
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Bidding for jasmine rice could be on verge of collapse
Thailand's first round of bidding by exporters for government stocks of khao hom mali, or jasmine rice, may collapse after all bidders yesterday offered prices much lower than those sought by the Commerce Ministry.
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Chamber of Commerce University slashes growth forecast
The University of the Thai Chamber of Commerce yesterday further cut its economic growth prediction to less than 4 per cent, now that it is certain that the continuing political impasse will dent consumer and investor confidence.
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Gasohol producers to finalise fuel price
Oil companies and ethanol producers will today finalise a new price for alcohol produced from agricultural crops and used as an alternative fuel, with the likelihood of ethanol costing more than Bt19 per litre and retail gasohol prices rising accordingly.
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