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Tue, April 18, 2006 : Last updated 20:30 pm (Thai local time)



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ECONOMIC EXPANSION

Turmoil failed to dent growth

Finance Minister says GDP fattened better than expected



ANALYSIS

Boom time for fixed deposits

Rising interest rates make savings method more attractive



THAI-JAPANESE PACT

Deal inked by July

Govt also pushing closer ties with China, India, Russia



Songkran hotel bonanza

Hotels in Hat Yai were 100-per-cent occupied during Songkran, followed by those in Chiang Mai and Rayong, where occupancy topped 90 per cent, the Tourism Authority of Thailand (TAT) said yesterday.



Former boss of Natural Park takes on the SEC

Thosapong Jaruthavee, the former managing director of Natural Park Plc, yesterday sought retaliation against Securities and Exchange Commission secretary-general Thirachai Phuvanat-naranubala and five other officials.



Soda pop firms get a shot of respite, govt approves Bt1-per-bottle hike

The Commerce Ministry yesterday authorised the soft-drink industry to increase retail prices by Bt1 per bottle.



Meddling likely to 'affect investments'

Shell Thailand believes that oil companies, in the long run, might slow down additional investments in Thailand if they cannot foresee sufficient returns, according to its chairman Thiraphot Vajrabhaya.

LATE NEWS

Ministry to check deficit

The Commerce Ministry will seek to keep the country's monthly trade deficit below US$1 billion (Bt37.9 billion) to ensure stable economic growth.



Northern hotel deal

Pan Pacific Hotels and Resorts has signed a contract to manage a new 300-room Chiang Mai property as its second project in Thailand.



Aeroflot joins the SkyTeam alliance

Global travellers will have direct access to an expanded network in Russia, as Aeroflot officially became the 10th member of the global airline alliance SkyTeam yesterday.



Oil price may help Hugger

Hugger (Thailand) Co Ltd, a manufacturer and direct seller of engine additives, expects its sales this year to nearly double to Bt100 million because of the continuing high price of oil.



Top Glove to build Hat Yai latex plant

Malaysia's Top Glove Corp is not deterred by the recent increase in latex prices and the strengthening of the ringgit.

NUMBER PORTABILITY

NTC wants final draft hastened

Watchdog gives itself three months to produce guidelines



Brokers ready for TFEX

More than 10 brokerage firms are ready to participate in trading on the long-awaited Thailand Futures Exchange (TFEX), which will make its debut on April 28, said Kittiratt Na Ranong, president of the Stock Exchange of Thailand.

STOCK MARKET

SET remains buoyant

Companies still prepared to list on the bourse despite recent political unrest



Banks using 'tit-for-tat' method to attract new savers

Some of John Nash's original ideas on game theory have recently become popular among commercial banks as they compete to maintain their customer bases and attract new customers by raising deposit rates and introducing new and attractive financial products.

IN BRIEF

Agriculture sector

Ministry wants to boost rubber production to meet high demand



FAO predicts rise in global rice production

The Food and Agriculture Organisation has forecasted that world's rice production will increase slightly by 1 per cent to 634 million tonnes but global trading experts see a weakened demand by importing countries, prompting an export price fall.






Top Stories



Beefing up hotel standards through new benchmark

'Only a short-term affair'

Songkran hotel bonanza

Will mass transit stay on the rails?

Boom time for fixed deposits


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