SAHAPATHANAPIBUL
Energy-efficient factory to be built
Detergent plant to complement existing one in Sri Racha
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Nimbler Nestle expects recent changes to keep it percolating
Nestle Group Thailand yesterday said it had reinvented itself as a company of the 21st century.
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TCC Land outlines two-year, Bt10-bn spending spree
Beverage tycoon Charoen Siriwadhanabhakdi's property arm, TCC Land Co Ltd, plans to invest up to Bt10 billion before the end of next year to renovate and construct 12 hotels, two office buildings and four retail premises, in an aggressive move to expand its business.
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Prachai linked to scam
Thai Petrochemical Industry Plc founder Prachai Leophairatana and associates received improper income from office-rental contracts signed from 1995-99, the Department of Special Investigation (DSI) has concluded.
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Developer plans foreign growth
CH Karnchang Plc plans to expand overseas this year and use a new project in Laos worth Bt22.1 billion as a springboard, according to its president and chief executive officer, Plew Trivisvavet.
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Helicopter firm mulls Thai hub
Bell Helicopter is keen to establish a helicopter repair station and training centre in the Kingdom, according to the Department of Civil Aviation (DCA).
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KTC calls for lower minimum payments
Krungthai Card (KTC) Plc has urged the central bank to cut the minimum payment required for credit cards in half, because the current economic slowdown has hurt cardholders' ability to service their loans.
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SET puts Picnic Corp on a short leash
The Stock Exchange will today lift the suspension sign it placed on Picnic Corporation Plc's stock in the middle of this month, but will attach a notice pending sign to the stock to warn investors to take care when evaluating the company's first quarter financial statement.
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BANK BOTTOM LINES
BBL warns tax will hit profit
Bangkok Bank, Thailand's largest commercial bank, said it expected its net profit this year to be less than last year's Bt20 billion, because of corporate tax.
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Pacific to offer PC-to-phone call service
Asia's largest Internet-service provider, Pacific Internet, has become one of the first companies to offer a Voice over Internet Protocol (VOIP) service in Thailand.
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Scotch banks on collagen
Scotch Industrial (Thailand) Co Ltd, local manufacturer of Bird's Nest drinks and chicken essences, hopes the launch of its new skin-care range, 'Scotch Collagen-E', will rake in sales of Bt100 million over the next year.
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ShinSat eyes TV screens with Thaicom 5
Shin Satellite Plc said its Thaicom 5 satellite would be 60-per-cent used once it begins commercial operations in July.
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Art school paints rosy growth picture
Global Art & Creative (Thailand) Co Ltd, the local franchisee of the Malaysian art school, has doubled the number of its students to 400 since the end of last year, despite the economic slowdown.
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Gasohol price poised to climb
The effect of escalating oil prices has already hit the economy and now gasohol consumers could soon face a price increase with ethanol likely to rise by Bt2.30 per litre to Bt25.30, according to PTT Plc.
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LATE NEWS
Vehicle output soars 20% in Q1
The industrial production index in the first quarter expanded 8.2 per cent year on year and 2.4 per cent from the previous quarter, led by the automobile and electronics sectors, according to the Industrial Economics Office.
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As export growth slows, government turns to new markets for help
Export growth is likely to narrowly miss the government's target of 17.5 per cent as a result of a slowdown in the world economy and the appreciation of the baht, the Department of Export Promotion announced yesterday.
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REAL-ESTATE SECTOR
Conference to attract new foreign investors
World congress could open up the local market
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IN BRIEF
Govt to check how tight a grip firm has on Cup broadcasts
The Intellectual Property Department will this week discuss with the DhosPaak Communications Agency, the sole authorised broadcaster of this year's World Cup matches, whether its contract covers rebroadcasts.
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Vietnam, China investors are nipping at Thailand's heels in Laos
Thailand is in danger of losing its investment advantage in Laos to China and Vietnam, as those two countries are currently in favour with the Lao government.
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