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Fri, August 11, 2006 : Last updated 20:05 pm (Thai local time)



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SHORTAGE OF SKILLED LABOUR

Seven key sectors seen at risk

Near-600,000 shortfall in 3-5 years unless action taken: Education Ministry




BOT takes FTI to task as baht hits higher rate

The Bank of Thailand (BOT) has criticised the Federation of Thai Industries (FTI) for its proposal to have the authorities maintain the baht's exchange rate at 38-39 to the US dollar, saying the FTI had come up with a very unrealistic proposal that did not fit reality.





'100,000 jobs will go' if GSP status is lost

The Federation of Thai Industries and the Board of Trade will tell trade officials in Washington that more than 100,000 people will lose their jobs if the United States decides to withdraw trade benefits to Thailand under the Generalised System of Preferences.

IN BRIEF

Alternative energy

BoI approves investment privileges for producer Dowise Asia



Thai cities are voted 'best in Asia'

International tourists have voted Bangkok and Chiang Mai the two best cities in Asia this year in an Internet survey conducted by Travel and Leisure magazine, a publication of the American Express Publishing Corp.



Companies turn to direct marketing amid slowdown

The economic slowdown has led advertisers in many industries to spend more on direct marketing, despite it being no cheaper than other marketing strategies, as they believe it ensures they will achieve the desired results, executives of OgilvyOne Worldwide Ltd said yesterday.



Pre-owned homes up for auction

Property Choice, an asset-management unit which aims to stimulate movement within the pre-owned housing market, is presiding over a series of auctions in Min Buri that include more than 27 properties with a combined appraisal value of Bt30 billion.

CUTTING TRADE COSTS

Asia 'should reduce dependency on $'

Countries need to boost currency market efficiency: TDRI chief



Energy policy is all wrong: Piyasvasti

The government's energy policy is an obstacle to efficient market competition and is expected to create higher costs for consumers and industry, a former secretary-general of the National Energy Policy Office said yesterday.



Consumer confidence drops further

Consumer confidence sank to a four-year low last month, battered by oil and political shocks, the University of the Thai Chamber of Commerce (UTCC) reported yesterday.



TOT will spin off four units

TOT Plc will split up its four business units into wholly owned subsidiaries as part of a plan to improve overall competitiveness.



MOM sets sights on boosting revenue

After spending almost half the year cutting costs, local television production company Media of Medias Plc (MOM) will focus on increasing revenues.



Promoting Chiang Mai

The Ministry of Agriculture and Cooperatives, northern entrepreneurs and KTC Card will reduce the price of a tourist discount card during the Royal Flora Ratchaphruek 2006 in Chiang Mai.



JBIC eases terms for rail loans

The Thai government yesterday asked the Japan Bank for International Cooperation (JBIC) to simplify its borrowing procedure in view of the bank's decision to approve loans to finance Bangkok's three new mass-transit railway lines.



Manufacturers head to Hong Kong

Thai furniture manufacturers are hoping to boost exports by attending the Hong Kong International Furniture Fair 2006, which is expected to attract as many as 50,000 buyers from around the world.

FURNITURE EXPORTS

Thai firms losing out

China, VN grab chunks of US, Japanese markets

STOCK FOCUS

Banpu Plc

SCB Securities has maintained its "long-term buy" rating for Banpu stock, with a target price of Bt169.

FRIDAY BUG

Great expectations for Sara

Sara Lamsam was in the spotlight again on Tuesday.



Shift to long-term accounts

Savers have started to shift their funds from short- to long-term deposit accounts amid market expectation that the central bank's policy rate has peaked or will do so soon.

TELEVISION BROADCASTER

Profits on the slide at iTV

Competition, political impasse and economic downturn blamed for Bt71m profit slump

STOCK MARKETS

UK bomb report spooks investors

Investors dump stocks on news British police had prevented terror attacks

STREET WISE

Shying away from Kularb

It seems the Commerce Ministry is going to once again delay announcing the outcome of its investigation into whether Kularb Kaew Co Ltd is a nominee of Singapore's Temasek Holdings, just as The Nation reported earlier this week.



Ratchaburi gears up for bidding, despite doubts

Although it remains debatable whether Ratchaburi Electricity Generating Holding Plc is eligible to join the upcoming round of bidding by independent power producers (IPPs), the company has said it has set aside Bt15 billion to take part in three IPP ventures.



Samui's The Peak project hit by land concerns

The Peak, a Bt20-billion luxury residential project on Koh Samui, is being adversely affected following public concern that part of the land might have been illegally transferred and encroaches on forest areas.






Top Stories



Siemens has whip hand over rail extensions

Pirates beware! New technology will nail you

US review of GSP benefits could hit hard

Enormous bail-out for key agencies

Sales aplenty as retailers struggle


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