REAL ESTATE
Sansiri adds four more projects
Higher living cost prompts move to middle section of property market
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STREET WISE
Spongy ETs a lost tourism lure
In June, a horde of UFO fans will travel from all over to world to gather in Roswell, New Mexico, to attend the 12th Annual Roswell International UFO Festival.
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PTT sets example with ferry's conversion to gas
PTT Plc yesterday struck a deal to convert a ferry in Trat to run on natural gas, in the latest move to promote the use of the fuel to help reduce the country's oil import bills.
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SWISS TOURISM
Switzerland cashes in on all-round appeal
Twelve times smaller than Thailand, Switzerland, with a population of only seven million, attracted 18 million tourists last year, which was far more than the 12 million the Kingdom welcomed in the same period.
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Thai Bev to use S'pore IPO as sales launch pad
Thai Beverages Plc, a local brewer and distiller, plans to pour up a major sales push in Southeast Asia after listing on Singapore's stock exchange, scheduled for May 30.
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Q1 corporate earnings jump 8% - SET
The Stock Exchange of Thailand (SET) said yesterday that corporate earnings in the first quarter of the year grew to Bt145.28 billion, 8 per cent higher than those in the same period last year.
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Bualuang paints rosy picture
Bualuang Securities Plc expects its net profit this year to improve from last year on the back of the lower corporate income tax payments and the fact its has paid off its brokerage seat this year.
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BANK OF THAILAND WARNING
Political uncertainty to slow new investment spending
The Bank of Thailand (BOT) said the unstable political environment would negatively affect new investment projects and slow economic activity.
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TMB Bank revises growth forecasts
TMB Bank will adjust its gross-domestic-product (GDP) growth forecast for this year as well as its lending target due to the Kingdom's economic and political uncertainty.
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IN BRIEF
10 China to Phuket flights cancelled
Spiralling oil prices have prompted the cancellation of 10 charter flights from China to Phuket due to increased ticket prices.
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Asean members set to sign power-grid pact
A memorandum of understanding on the development of an Asean power grid is expected to be signed at the Asean Ministers of Energy Meeting in Vientiane, Laos, in July.
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Central sees 25% rise in profits in Q1
Central Pattana Plc has chalked up a 25.2-per-cent increase in first-quarter consolidated net profit, due mainly to increases in rental income from offices at CentralWorld.
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LATE NEWS
Ministry wants road show to help growth
The Commerce Ministry is calling a meeting of trade, tourism and investment bodies today to draw up plans for an investment road show to ensure economic growth.
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Companies focus on making OEM products
Thai food manufacturers will focus more on producing original equipment manufacturer (OEM) goods to maintain competitiveness and reduce production costs.
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Agency retains Energy Fund's bond rating
Despite lower contributions to the Oil Fund, the ratings for bonds issued by the Energy Fund Administration Institute (EFAI) will not be immediately revised, according to Tris Rating Co Ltd.
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Connection rules spark run
Despite the congestion on all cellular networks over the past weeks, Advanced Info Service Plc (AIS) will continue aggressively acquiring new subscribers in preparation for the eventual implementation of interconnection charge regulations.
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Pepsi sets high goals for diet cola
Pepsi-Cola (Thai) Trading Co Ltd has high hopes for the recently revived Pepsi Max, a low-calorie pop, in spite of a gloomy growth outlook in the domestic cola market.
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NAKORNTHAI STRIP MILL
Steel-maker to upgrade
Firm seeks niche amid intense competition
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Thaifex show may get food exports cooking
Thailand aims to boost its food exports by 14.2 per cent this year to US$9.65 billion (Bt36.68 billion), driven by one of the region's biggest food shows - "Thaifex World of Asia 2006".
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