Tourism set to grow in Mekong nations
Greater Mekong Sub-region countries are projected to welcome 42 million tourists in 2010, up from 16 million in 2004, according to the latest study conducted by Asia Pacific Inc.
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Philips moves to woo customers
Philips Electronics (Thailand) Ltd yesterday held a road show at Central Chidlom to announce the firm's marketing strategy for the rest of the year.
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LATE NEWS
Gas industries weigh price hikes
Local cooking gas distributors and gas compression plant operators will today discuss with the Internal Trade Department the possibility of raising the cost of transporting gas tanks.
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Renters can lock gains in office realty
The volatility of the Asian office rental market provides occupiers with the opportunity to make significant savings by aligning the timing of their real-estate decisions with market cycles.
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'Airport won't open in June'
Suvarnabhumi Airport is unlikely to be ready to begin commercial operations in June, Deputy Transport Minister General Chaiyanan Charoensiri said yesterday.
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AIS offers Bt2-per-hour campaign
Advanced Info Service Plc (AIS) has introduced a new prepaid package with a rate of Bt2 per hour to match rival campaigns. AIS vice president for marketing Titipong Khiewpaisal said the package, which is only for new subscribers, targets around 600,000 users. The promotion will be offered for one month.
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Coffee World gears for major expansion in outlets
GFA Corporation (Thailand) Ltd - the Swiss-based operator of Coffee World, Pizza Corner, New York Deli and The Cream & Fudge Factory - plans to double its Coffee World outlets from the current 61 branches in three years.
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Users to shape future of communications
Alcatel's Asia-Pacific president Christian Reinaudo said the region's telecommunications market is on the cusp of a major transformation.
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INFLATION
CPI climbs 5.7% in Q1 as fuel cost jumps
Authorities expect prices to remain unchanged at 3.5-4.5% for rest of the year
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Non-bank foreign debts down 4.8 per cent
The private non-bank sector's foreign debts declined moderately at the end of 2005 despite debts with some countries, including Singapore, continuing to increase, according to data from the Bank of Thailand.
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More political uncertainty, more stock market doldrums
With the ongoing political uncertainty and lingering high fuel prices, Ayudhaya Securities has become the first brokerage firm to officially cut its maximum SET index target from 827 to 784 points by the end of the year, its chief executive MR Sasiprin Chandratat said yesterday.
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ANALYSIS
Moral hazard over debt-relief will be hard to correct
The Supreme Administrative Court may have torpedoed the government plan to privatise Egat, citing problems pertaining to conflict of interest, but the legacy of other state populist policies might not prove so easy to correct.
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SUFFICIENCY ECONOMY
BAAC to step up farmers' training
In an apparent step away from the rural policies of the Thaksin government, the Bank for Agriculture and Agricultural Cooperatives has announced that it will intensify a campaign to teach farmers the skills of sufficiency economy, in order to "get to the roots" of rural problems.
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IN BRIEF
THAI to service cargo conferences
THAI Airways International is to be the official airline for all World Cargo Alliance Family conferences held in Thailand, starting with the fourth Advanced Professional Logistics Network worldwide conference in September.
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THAI, Lao Airlines ink Indochina gateway pact
Thai Airways International has signed a memorandum of understanding with Lao Airlines, aiming not only to provide an additional travel option for tourists and business people, but also to create a network link for the aviation industry.
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CHATTAWEEKIJ CORP
Croc in expansion drive
Bt250m for boosting capacity, outlets
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STREET WISE
No longer an enviable name
Singapore has long been the envy of Thais for its economic prosperity.
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True Corp has eye on free TV
True Corp Plc is interested in entering the free-TV sector if the conditions are favourable, its president Supachai Chearavanont said yesterday.
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Carrefour has major expansion plans
Carrefour, the French retail chain, is looking for local joint venture partners as part of a Bt3-billion expansion plan to increase its number of hypermarkets in the Kingdom.
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ANALYSIS
Uncertainty clouds Thai economic future
Political uncertainty will not only cast a shadow over Thai democracy, but also drag growth down when it is already at the low end among Southeast Asian economies. The Business Desk reports.
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