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Wed, March 22, 2006 : Last updated 20:27 pm (Thai local time)



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POLITICAL TENSION

Banks may cut targets for lending

Move depends on length of conflict




Damage to shrine 'could hit tourism'

The damage inflicted on the much-revered Brahman shrine at Rajprasong intersection could lead to the loss of at least one million tourists a year, as the statue has been a major attraction, drawing worshippers from around the world, according to Prakit Shinamourpong, vice president of Thai Hotels Association.





Company reports

GLOW ENERGY announced that it could not comment on the merger of its parent company, Suez, with Gaz de France in February.



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.



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.



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.



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.



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.

REAL ESTATE

Noble eyes foreign partners

Developer plans to build Bt2-bn shopping centre

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.



DTAC grabs subscribers from rivals

Total Access Communication (DTAC) expects to show a net increase in subscribers in this year's first quarter.



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.



Philips Shavers in WilliamsF1 tie-in

Philips Shavers has agreed to sponsor the WilliamsF1 car-racing team.



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.



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.

POLITICAL FALLOUT

Mall Group sees slight fall in sales

Hopes other activities, including Toy Fair, will make up for shortfall



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.



Kbank high-interest account

Kasikornbank is offering interest of 4.5 per cent per annum for its special eight-month time-deposit accounts.



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.



Hot stocks

Stock: Padaeng Industry Plc (PDI)

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).

RIGHTS OFFERING APPROVED

Picnic chief soothes investors

Pongthep says family, allies will take up capital-increase issue

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.



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.



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.



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.






Top Stories



Mixed views on how Thaksin will depart

Temasek to juggle Shin shares to stay listed

Singapore under attack from Jeju

Boonklee lands Bt924m windfall

K-Tech wins Pearl revamp contract


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