PTT hits nuke snag in Iran
PTT Group acknowledges that its petrochemical project in Iran has run into complications, but insists its other businesses there have not yet fallen victim to the conflict between Tehran and Washington.
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PM's sister launches Bt420m Phuket project
Caretaker Prime Minister Thaksin Shinawatra's younger sister Yaowares Shinawatra introduced her new property business Shinawatra Home Co Ltd (SHC) by launching the Bt420-million Dalaa Buri residential project yesterday.
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CMG eyes new markets
The Central Marketing Group (CMG), a seller and manufacturer of fashion apparel and lifestyle products, will open retail outlets for its products this year in India and the Middle East.
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SMEs downsizing
The Office of Small and Medium Enterprises (SMEs) Promotion yesterday announced that it had lowered its projection of industry growth this year to 4.5 per cent from 6 per cent because of the economic downturn in the first half.
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LATE NEWS
Agriculture
Euro Feed wins huge tapioca bid
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Nanotechnology for a cleaner toilet
A major Thai manufacturer of sanitaryware has signed an agreement with Chulalongkorn University's Metallurgy and Materials Science Research Institute for the development of a new nanotechnology to provide anti-bacterial protection on ceramic sanitaryware.
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PROMOTIONS
Central launches new loyalty card
Retailer expects 2.8m customers, Bt17 bn in sales
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New city plan to change building rules, land values in Bangkok
The New Bangkok City Plan, which became effective last month, will have a significant impact on land values and the future development of the capital, says Aliwassa Pathnadabutr, managing director of CB Richard Ellis Thailand.
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IN BRIEF
IEC seeks Israeli partners for Wi-Fi
IEC Business Partners, a Thai telecommunications company, is seeking partners in Israel to establish a Wi-Fi network to replace Thailand's cellular network, according to Haaretz newspaper.
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NTC may reconsider network leasing fees
The national telecom regulator is considering waiving its licence fees for companies that want to provide network-leasing services.
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SUVARNABHUMI PROPERTY
US fund to pour ¤100 million into area
JV with Ananda Development to target business in vicinity of new airport
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FRIDAY BUG
Love is selling like hotcakes
It's obvious how much Thais love His Majesty the King.
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BAAC revives lottery scheme
The Bank for Agriculture and Agricultural Cooperatives plans to raise Bt20 billion later this year by launching another lottery-savings scheme in which passbook holders can win prizes.
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NMG Edutainment to be restructured
Nation Multimedia Group Plc (NMG) has announced that it will restructure the "Edutainment" divisions of three subsidiaries and inject Bt115 million into Nation Edutainment Co Ltd (NED).
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STOCK MARKET TURMOIL
Asian bourses end nosedive
Thai stocks rebounded slightly yesterday, led by gains from Wall Street and Asian stock markets, despite continual concern over US rate hikes and its economy.
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Kasikornbank increases term deposit rates
Kasikornbank has taken the lead in another round of deposit rate hikes by increasing the interest on its three- and six-month accounts by 25 basis points, effective yesterday.
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BANK LOANS AND DEPOSITS
Ratio at lowest level since 2004
Central bank cites sharp rise in deposits and slower lending as main reasons
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STREET WISE
Taking pride in historical sites
As kings, queens and royal representatives bid their farewells, the Kingdom of Thailand is still full of joy from their visit.
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Central has Bt10-bn plan for embassy plot
Central Group will spend more than Bt10 billion building a multi-use commercial complex on the nine-rai plot of the former British Embassy compound in Bangkok.
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AIS to boost network, rebuild tattered image
Advanced Info Service Plc (AIS) will soon launch a less-aggressive calling package and allocate an urgent US$231 million (Bt8.87 billion) to beef up its network.
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