CHEMICALS
Surint Omya expanding
Firm to spend Bt1.2 billion to open new plants in Lop Buri and Vietnam as demand for calcium carbonate surges
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Sterling software to wire up the bank sector
Financial supply-chain management will be the crucial factor in the development of information technology systems at Thai banks, according to an international IT software provider.
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GSB offers loans for company staff
The Government Housing Bank (GHB) and the Social Security Fund are joining forces again to offer mortgage loans to members of the Social Security Fund at interest lower than current market rates.
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New Visa card speeds up charging
A Visa payment system that cuts down the time spent at checkout counters could be here early next year.
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BANK TIE-UP
GE Money to merge with BAY
GE Money Retail Bank will be merged into the Bank of Ayudhya (BAY) as its owner, the giant US financial provider GE Consumer Finance, aims to run its banking business via the medium-sized Thai bank, Bank of Thailand deputy governor Tarisa Wattanagase said yesterday.
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LATE NEWS
automotive
Industry soars on export surge
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Telecoms, CAT want IC rate to be temporary
Privately owned telecom operators and CAT Telecom have reached an agreement to propose that the national telecom regulator implement a temporary interconnection charge (IC).
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SRT subway line open to bidding soon
The State Railway of Thailand will proceed with the construction of the two subway lines it is in charge of - the Dark Red and Light Red routes- after the government gave the agency the green light to go ahead with the projects using its own budget.
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Sales of Mac computers 'more than double in H1'
New MacBook sells out in three days
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Carrefour adds brands
Discount store Carrefour will launch 430 additional house-brand products this year to cope with lower consumer spending.
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IPP rules may hurt small firms
Two leading independent power producers (IPPs) look set to lose their prime positions in bidding for IPP projects when the Energy Ministry concludes the conditions of bidding early next month, a source said yesterday.
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WTO NEGOTIATIONS
Private sector wants post-Doha aid
Enterprises request that a fund be established to help exporters survive abroad
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STREET WISE
Shy Plew puts on damming show
It was a historic deal for Ch Karnchang Plc to move overseas to construct the Nam Nguem II hydropower dam in Laos.
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Al Tayyar bets on bio-power plants
Al Tayyar Energy Ltd, an Abu Dhabi-based development and investment firm specialising in energy projects, plans to expand its investments in alternative-fuel projects in Asia to provide a substitute for high-priced oil, an industry source said yesterday.
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Brewers in bar brawl over Cup
Boon Rawd Brewery Co Ltd said yesterday it would send a circular to its 50 or so restaurants and pubs in Bangkok clarifying what they could and could not do during the broadcasting of the Fifa World Cup.
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Fuel charges to rise for air, rail trips
airlines, including Thai Airways International, are increasing fuel surcharges for flights out of Bangkok starting tomorrow.
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Thai Bev fizzles in Singapore debut
Thai Beverage Plc, Singapore's largest initial public offering in 13 years, fizzled on debut yesterday, a victim of investor concerns about market share loss and the IPO's large size.
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Rise in Thai fruit exports to US
Thailand hopes to step up marketing six Thai fruits - mango, rambutan, mangosteen, lychee, longan and pineapple - in the US, once technical issues are resolved.
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IN BRIEF
Checks planned on gross-weight charges
The Department of Internal Trade said it would start inspecting department stores to ensure that the prices they charge do not include charges for packaging.
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Home Mart expects sales boost from CRM system
Cementhai Home Mart is spending Bt200 million on a new customer relationship management (CRM) system to help better target its inventory and sales to customers.
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