ADVERTISING
OgilvyOne establishes online unit
Neo@Ogilvy to design Web campaigns
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IN BRIEF
rice
Thailand hangs on to title as world's top exporter, but Vietnam closes in
Thailand maintained its status as the world's top rice exporter in the first quarter, shipping 1.79 million tonnes of rice valued at Bt22.64 billion, the foreign trade department announced yesterday.
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Kazakhstan lowers barriers
Thai exporters and investors should keep an eye on trade with Kazakhstan as its economy opens, with imminent access to the World Trade Organisation boosting trade and investment between the two countries.
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Nation Group to slim down
Nation Multimedia Group Plc is set to reduce operating costs and sell non-core assets to return to profitability.
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TOT starts hunt for chief
The board of TOT Plc has started the process of selecting a new president to replace Teerawit Charuwat, who will exit the state agency next month.
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Targeting men with a 'certain income'
IWC Schaffhausen, a Swiss watch brand, today will officially open its largest-ever store in the heart of Bangkok.
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Pattaya booms
Pattaya's tourist trade is booming with improved services and infrastructure, including hotels, the Fairtex sport complex, cinemas, shopping malls and the upcoming opening of Suvarnabhumi Airport.
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TRAVEL OUTLOOK
Tourism in Asia still hot
Trade group foresees continued good times
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STREET WISE
Is that what friends are for?
Outgoing Prime Minister Thaksin Shinawatra has left Thailand on a trip to five countries: the UK, France, Russia, Japan and China.
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Treasury agency to develop island
The Treasury Department plans to develop a virtually uninhabited island, Koh Kood in Trat province, into a haven for well-heeled tourists.
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ShinSat, China close to iPSTAR deal
Shin Satellite Plc believes it is close to clinching a deal to provide iPSTAR broadband satellite services in China.
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Political spats, inflation top worry list
Political uncertainty, social polarisation and fears of an economic downturn have replaced drugs and crime as the top worries of the capital's residents, while the rising cost of living has cut into their leisure activities and spurred them to work harder and study more, a marketing survey found.
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STATE IPO SCHEMES
Viset hit by conflict of interest suit
'Energy minister owned PTT shares'
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Tsunami loans being repaid
The Small and Medium Enterprise Development Bank reported that the speedy recovery of the tourism industry in tsunami-affected areas has enabled more than 500 business operators to repay special loans on time.
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AACP rebounds on high returns
Ayudhya Allianz CP Life's accumulated loss dropped sharply by 96.6 per cent, to Bt11 million in the first quarter of this year from Bt330 million at the end of last year, thanks mainly to a 7-per-cent return on its investments.
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ECONOMIC OUTLOOK
Fitch lowers GDP forecast
Fitch Ratings has downgraded its Thai GDP growth forecast for this year to 4.3 per cent from 5 per cent due to the recent political turmoil.
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Raimon refutes Deva links
Raimon Land Plc said in a clarification to the stock exchange yesterday that the company and its controlling shareholders had no previous connections with Deva Property, from which it will buy a plot of land in Phuket worth Bt559.5 million.
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