TECHNOLOGY BREAKTHROUGH
Firm to track radio ads
Digital Associates' new product will collect data on music, too
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STREET WISE
Tourism website sticks to its guns
As international borders shrink, it is extremely difficult for anyone to completely ignore events happening in other countries. Take the conflict between Israel and Lebanon.
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Experts say let market forces set prices
Economists, manufacturers and suppliers are of the opinion that the government should allow manufacturers of essential goods to gradually float retail prices in the wake of increasing production costs.
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Nissan sets up local base for parts exports
Nissan Motor Co Ltd has established an auto-parts export base in Thailand, which will be operational from January. In time it is expected to supply parts to Nissan plants in 110 countries around the world.
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ANALYSIS
Pundits warn against new public sector investments
Although the country is in dire need of new public investment to boost the economy, several economists share the view that the caretaker government should not initiate any projects to attract new investment.
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Refining capacity 'falling well short'
Bangchak Petroleum's top executive has urged the government to introduce measures to encourage investors from the private sector to invest in new refineries.
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LATE NEWS
Kasikornbank Q2 profits down
Kasikornbank yesterday announced second-quarter net profits of Bt3.54 billion, or Bt1.49 per share, down from Bt3.85 billion, Bt1.62 per share, for the same period last year. - The Nation.
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Provident fund revamped
More of the provident fund for state employees will be invested abroad, in anticipation of higher returns, says fund chairman Somkiat Chayasriwong.
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Wellness venture
Absolute Yoga has joined hands with the Rasayana Retreat to launch their first Absolute Wellness health and well-being studio in Bangkok.
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Conwood to freeze prices till year end
Conwood Co Ltd, a maker of wood-replacement products, will maintain its own-brand prices over the rest of the year.
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German clothing brand plans to cash in on World Cup fame
The local distributor of german clothing brand S Oliver thinks it can boost sales after Thais saw the line while in Germany for the 2006 World Cup.
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Tourism Council backs privatisation
The newly elected president of the Tourism Council of Thailand (TCT), Kongkrit Hiranyakit, is to propose to the government that tourist attractions around the country be privatised to improve the product Thailand is offering to tourists.
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Samart moves deeper into energy sector
Thai telecom firm Samart Corp Plc took full control of its Cambodian air-traffic control service operator, which it had been using to run its energy business in that country.
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AIS extends validity period on new card
Advanced Info Service Plc (AIS) is offering a one-year call validity period to subscribers of its Sawasdee Thua Thai prepaid SIM card.
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SHARING NEWS
iTV signs on for regional pact
Broadcasters from four nations will work together to serve audience of 150 million
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IN BRIEF
competitiveness
National standard to be developed for agricultural products in 2007
The Agriculture Ministry will implement a national standard for agricultural products next year, focusing on 20 categories in an attempt to upgrade the country's production competitiveness.
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LIFE CENTRE
mall targets the health conscious
Siam Retail Development, an affiliate of Quality Houses and developer of the Fashion Island shopping complex on Ram-Indra Road, yesterday announced the opening of Bangkok's first shopping mall for health and wellness products.
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Skytrain to get smart
Millions of Skytrain riders in Bangkok will now be able to skip long queues with the introduction of a new "contactless" Smart Card, to be introduced shortly by Bangkok Mass Transit System Plc (BTSC).
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Corporate debenture registrations jump this year
Corporate debentures registered in the first half of this year was Bt390.97 billion compared to Bt135.44 billion for the whole of 2005 - thanks to a new regulation.
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Companies predict decline in auto financing
Lower purchasing power caused by booming oil prices, climbing interest rates and a slowdown in auto sales will likely reduce car-financing activity this year.
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Thai Heat closing in on Burapa Steel deal
Thai Heat Exchange Plc expects to reach an agreement on the buy-out of Burapa Steel Industries within this quarter.
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MONETARY POLICY MEETING
BOT unlikely to hike repo rate
The central bank's Monetary Policy Committee is expected to maintain the policy interest rate when it meets today, as inflation appears to be under control and economic growth is slowing down.
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