iTV share price spirals ahead of court ruling
ITV Plc's shares yesterday plunged 10.78 per cent as investors sold, fearing a negative outcome from a ruling today by the Central Adminis-trative Court on concession fees that could immediately hurt the company.
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LATE NEWS
Thai products set to go on sale in Chinese department stores this year
Export Promotion Department director-general Chantra Purnariksha said yesterday buyers from several Chinese department stores would visit Thailand to buy local products for resale in China.
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Bangkok gets low 'liveability' score
Bangkok ranks 107th among the world's larger cities for quality of life, far behind many other Asian cities, in a new report by Mercer Human Resource Consulting.
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New businesses 'to push TOT revenues to Bt63 bn'
TOT Plc has targeted revenues of Bt63.69 billion this year, jumping to Bt78.6 billion in 2008, says board chairman Sathit Limpongpan.
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'Four-dimensional' strategy key, designers told
Designers of new products for global markets have been advised that by 2010, consumers around the world will split into four distinct groups with differing tastes and that any approach to create innovative designs for them should be based on scientific, social, emotional, and spiritual dimensions.
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PETROL AND DIESEL
Fuel prices near their peak: Viset
Rising costs have crimped use, reducing the amount sold daily
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Commodity Update
The country's main agricultural crops show mixed fortunes in terms of price and production during the summer season, Achara Pongvutitham writes.
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Flat demand expanding
Demand for serviced apartments in Bangkok is expected to remain strong, following a growing number of new work permits and permission granted to rent units on a short-term basis after a hotel licence is obtained, research by Jones Lang LaSalle said.
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IN BRIEF
Star Alliance gets two new airlines
Star Alliance, the global airline network, welcomed Swiss International Air Lines and South African Airways as the 17th and 18th members of the alliance.
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THAKSIN RESIGNATION FALLOUT
'Tourism set to revive'
Hotel head says travel back on track
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Baht at 6-year high against dollar
The baht broke the 38 level against the US dollar yesterday, its strongest showing in six and a half years, due largely to speculation that the central bank may raise its policy rate and to confidence having returned with the improved political situation, say dealers.
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Foreigners eye SCIB stakes
Foreign investors still show a keen interest in acquiring majority stakes in Siam City Bank (SCIB), even though the Financial Institutions Development Fund (FIDF), the bank's major shareholder, does not plan to sell any of its stake to any particular investor.
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China urged to ease capital restrictions
China surpassed Japan as the country with the largest foreign reserves in February this year, but full capital- account convertibility (CAC) is unlikely to be seen very soon, DBS Bank said in a group research note released recently.
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OIL PRICE FALLOUT
Brokers bullish on energy-sector stocks
Brokers upgraded energy stocks to "overweight" from "neutral" as a result of oil-price increases, with Thai Oil (TOP), PTT and PTT Exploration and Production (PTTEP) named as the top picks.
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FISCAL POLICY
BOT, SCB raise rates
Central bank's repurchase rate now stands at 4.75 per cent
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STREET WISE
Political twins in twin conflicts
In any democratic country, elections are the ultimate showdown. They determine who will rule the country and what policies they will introduce to lead the country forward.
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Trouble may follow accounting changes
Siam Cement Plc and Shin Corp Plc will be the hardest hit if a new international accounting standard is applied to Thai holding companies, says the Federation of Accounting Professions.
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Confabs may still suffer from politics
Although political turmoil has cooled significantly since early last week, travel service provider Diethelm Travel Asia Ltd still worries that the country's uncertain political future might continue to affect its business.
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TOT board sacks president after months of feuding
TOT Plc's president, Teerawit Charuwat, has been sacked by the state agency's board of directors.
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