ASEAN MEETING
East Asia FTA to top agenda
Ministers to discuss details in KL before seeking approval from leaders
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STREET WISE
Thai women staying single
It's well known that Thai parents are like their peers in other Asian countries. Their children's future is at the top of their agenda, and they take it as their solemn duty to provide their offspring with the best education possible.
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AIS ends price wars, will focus on quality
Advanced Info Service Plc (AIS), under its new president Wichian Mektrakarn, is shifting its attention towards network improvement and service quality, rather than price wars which eat into the company's net profits.
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Global survey finds little optimism in Thai firms
Optimism continues still exists among Thai business owners despite the country's murky political and economic conditions, but the level is much lower than that in many Asian countries, according to the 2006 Grant Thornton International Business Owners' Survey.
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Tourism agencies dreaming up strategies for next year
Tourism officials are planning strategies for next year with the aim of reclaiming Thailand's share of international tourism, boosting visitors' spending and attracting more business travellers.
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STRONG BAHT
BOT acts to stem rampant currency
The Bank of Thailand yesterday took aggressive action to stem the baht's rise after it hit Bt37.32 per dollar yesterday and touched a six-year high on Friday.
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OIL INDUSTRY
Earnings boost for PTT group
PTT Plc and its subsidiaries' net profits jumped significantly in the second quarter, as soaring fuel and chemical prices pumped up their margins.
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Property funds getting popular
Property funds are expected to become a popular capital-raising vehicle again during the rest of this year, a mutual fund source said yesterday.
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IN BRIEF
Thailand charged with dumping exports
Exports of polyester staple fibre (PSF) from Indonesia, South Korea and Thailand are being investigated by Pakistan's National Tariff Commission following charges of dumping practices.
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Developer branches into new areas
Preuksa Real Estate Plc will pay Bt1.5 billion for new land plots to serve next year's business plan, targeting northern, eastern and western Bangkok, particularly the Onnuj, Lat Krabang and Thon Buri areas.
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LATE NEWS
Piyapan new Land Transport chief
The Cabinet yesterday appointed Piyapan Champasut, director-general of the Land Transport Department, as the Transport Ministry permanent secretary, effective from October 1. - The Nation.
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SEC is 'satisfied' with TPI's financial report
The Securities and Exchange Commission (SEC) has expressed satisfaction with Thai Petrochemical Industry Plc (TPI)'s first-half financial statement, saying it followed the auditors' endorsement.
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Banpu's China plants should boost income
Banpu Plc, one of the country's leading energy companies, yesterday reported second-quarter growth in sales revenues, but net profit was down 49 per cent on year to Bt807 billion, due to higher production costs resulting from surging oil prices.
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Group seeks rise in pledging price for jasmine rice
The Thai Rice Growing Association has urged the Commerce Ministry to increase the pledging price for jasmine rice by 50 per cent to offset a 40-per-cent rise in production costs due to escalating oil prices.
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Setbacks to plans for MEG production
PTT Chemical Plc has eased back its expansion plan for monoethylene glycol (MEG) production in the next two years, due to rising construction costs and a decline in demand for petrochemical products in the textile industry, the company's president said.
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Cellular operators ordered to share number requests
The National Telecommuni-cations Commission (NTC) has ordered cellular operators to submit their requests for additional phone numbers to their competitors as well as to the NTC, as part of its policy to force them to manage phone-number sales more efficiently.
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MAJOR CINEPLEX EXPANDS
30 theatres, flagship site to be built
'4-D' cinemas in up to four complexes
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