Demand for cement to ebb
Siam Cement Plc, the country's largest producer, expects domestic demand for cement to fallnext year due to the government's mega-projects being delayed, an executive said yesterday.
|
|
|
Chinese giant Haier in second local joint venture
The Chinese electrical appliance giant, Haier Group (Asia), yesterday announced it has entered into a second joint venture in Thailand with local partners TWZ Corporation, Tiga Co Ltd and Makaranan Co Ltd.
|
|
|
BOT cuts its forecast again
The Bank of Thailand (BOT) has hacked its 2006 economic growth forecast by 0.5 percentage points, to between 4.25 and 5.25 per cent, due to soaring oil prices and a slowdown in government investments. The downgrade was the second one this month by the central bank.
|
|
|
Climbing production costs start straining at the retail level
Increasing costs of production are beginning to bite into the operations of manufacturers of consumer goods. For many, retail prices are becoming their biggest concern.
|
|
|
Oil price hits bottom line
The Association of Securities Analysts is to revise downward this year's net profit of listed companies following the resurgence of record high fuel prices.
|
|
|
Hot stocks
Stock: Ch Karnchang Plc (CK)
|
|
|
Mayban-JAIC Fund to invest in Thai companies
The Mayban-JAIC Fund will invest in three or four companies in Thailand, spending US$2 million to $5 million (Bt75.43 million to Bt189 million) on each one, says JAIC Asia Holdings Chief Executive Nobuyuki Inomata.
|
|
|
ANALYSIS
Learn to live with strong currency, economists say
Thailand, and particularly its business sector, must learn to live with a stronger baht because the currency is expected to remain strong for a while and is unlikely to return to Bt40 to the dollar, according to economists.
|
|
|
FISCAL POLICY OFFICE:
Rising baht 'slowing economy'
Agency prepares report on currency to help policy-makers guide exchange rate
|
|
|
Company reports
CHUMPORN PALM OIL announced it would pay a dividend of 0.4 satang per share and a stock dividend at a 30-to-1 ratio on May 23 for last year's operations, with no tax exemption.
|
|
|
IN BRIEF
Marine biology: Phuket may get dolphin centre
The Phuket Marine Biological Office (PMBC) is considering building a Bt200-million "Dolphin Centre" near its aquarium as a way of treating people with disabilities and promoting tourism.
|
|
|
Price of family homes up 8%
Home and land prices grew between 6 and 8 per cent in 2005 from the previous year with single-family home prices enjoying the highest rise of 8 per cent, according to the Government Housing Bank's Real Estate Information Centre.
|
|
|
FUEL PRICES
Shrimpers are beached
Catch down 50%, exports will be affected
|
|
|
German tourism panel kicks off Thai mission
A German parliamentary committee in charge of tourism is trying to convince the soccer-mad Thais to visit the country during the upcoming World Cup.
|
|
|
Late news
Krit resigns as BAY CEO
|
|
|
Central woos World Cup watchers
Central Pattana Co Ltd, the operator of the Central department store chain, is partnering with Chang Beer, Mastercard and Kom Chad Luek newspaper to arrange the Central Plaza Cheer World Match - a campaign to get people to enjoy World Cup 2006 outdoors rather than stay at home.
|
|
|
Office Mate pioneer goes from strength to strength
Worawoot Onujai pioneered selling office supplies through catalogues and online channels a decade ago. Today, his company Office Mate has become a familiar name among purchasing officers throughout the country, probably no less known than giant firms like Office Depot or Makro Office.
|
|
|
True now looking at Civil Court
True Corp Plc announced yesterday that it was considering going to the Civil Court or Administrative Court to force TOT Plc into paying the Bt9 billion awarded to it by an arbitration judge.
|
|
|
High hopes for Thailand Business Centre in Bahrain
As a member of the Gulf Cooperation Council, Bahrain is expected to become a gateway for Thailand's investment and export shipping to Middle East countries through the use of the facilities of the newly opened Thailand Business Centre in Manama, says the Federation of Thailand Industries (FTI).
|
|
|
THAI SAMSUNG
Banking on footy fever
Bt500m budget tied to World Cup '06
|
|
|
