TPI SHAREHOLDERS' MEETING

$600m bond issue approved

But petrochemicals giant's president thinks short-term loans are a better option
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FTI airs concerns on private sector compettitiveness

The private sector remains a concern for Thailand's economic outlook, despite expectation that interest rates have nearly reached their peak and foreign-exchange rates will be stable for the rest of the year.
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SET ACCUSATIONS

Embezzlement charge denied

Circuit Electronic, Thai Wire: Execs' hands are clean
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TOT all set at airport

TOT Plc has confirmed that its telecommunications systems and services at Suvarnabhumi Airport are ready to serve customers.
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IN BRIEF

BEC Tero in skincare distribution JV

UK-based Dermasalve Sciences has formed a joint venture with BEC-Tero Entertainment for the distribution of its dry-skin products in Thailand.
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US cookware firm targets Asia

Calphalon, a US-based cookware- and cutlery-maker, is looking to expand in the Asia-Pacific region and is hoping that Thailand will help drive sales.
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Govt to open more discount shops

To cope with the high oil price and its effect on low-income groups, the Commerce Ministry announced yesterday that it would more than double the number of its mobile retail shops and blue-flag shops.
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NTC may not allow Intel to import multi-spectrum chip

The telecommunications regulator has yet to approve a request by Intel to import wireless chipset equipment that can be used with an unallocated spectrum.
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Water machines selling well

Good Drinks Co Ltd, a local manufacturer of water vending machines, said its revenue had doubled since the launch two months ago of a new model featuring technology that stops the growth of bacteria and moss.
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LATE NEWS

Borrowing : Public debt jumps to 41 per cent of GDP

Public debt rose in May by Bt19.8 billion to Bt3.3 trillion, equivalent to 41.6 per cent of the country's gross domestic product.
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Customs ready for 24-hour service, but lacks employees

The Customs Department's 24-hour operation at Suvarnabhumi Airport is almost ready for the September 28 opening, except for a shortage of manpower.
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Building the teddy bear of your dreams; US fad arrives

Build-A-Bear Workshop, the world-renowned American teddy-bear company, has entered Thailand, opening the nation's first teddy-bear boutique on the sixth floor of Central Chidlom.
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The Mall considers future of centre

The Mall Group Co Ltd will consider whether to extend the lease on a four-rai commercial building with the Industry Ministry, or terminate the contract and operate the building on its own.
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SECOND QUARTER

Most commercial banks' profits fall

Higher taxes and lower margins hit Q2 gains, but Krung Thai and Bank of Ayudhya saw improved returns
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FOREIGN DIRECT INVESTMENT

FTI calls for an end to turmoil

Federation president says overseas investors are starting to think twice about putting their money into the country
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Flat growth predicted for media spending in 2007

Next year will be another bad one for Thailand's media industry, with zero growth expected for total media spending, due to negative macroeconomic factors like political uncertainty and rising oil prices in particular, says Bangkok Broadcasting and Television Co Ltd (BBTV), operator of Channel 7.
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Govt may beef up price controls

The Commerce Ministry plans to tighten retail price controls by adding 50 products to its watch list and more than 15 products to its price-control list if inflation grows higher than 5.5 per cent by the end of the year.
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Low-cost terminal to be built at Suvarnabhumi

A separate terminal for low-cost airlines is to be built at Bangkok's new Suvarnabhumi Airport at a cost of about Bt600 million.
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Help for the visually impaired

Three students at Chulalongkorn University have succeeded in developing a Web browser for the visually impaired that will allow them to access information over the Internet.
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RFID starts to boost front-office systems

Radio frequency identification (RFID) is an emerging technology in Thailand and a number of private and government sector groups, as well as Nu Skin Enterprises, are taking it on board to track their products at the front office.
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BIOTECH SUCCESS STORY

Reaping the rewards of local research efforts

Ex-academic works with universities in developing her company's products
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