PWO to invest Bt500m for subsidiary firm
The Public Warehouse Organisation (PWO), a state-owned company of the Commerce Ministry, plans to invest Bt500 million to open a subsidiary company next month to focus on marketing, promotion and distribution of agricultural goods to overseas markets.
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Executives form Nutrition joint venture
Three executives of Channel 3 and BEC-Tero Entertainment yesterday announced a joint venture called Minami Nutrition (Thailand) Co Ltd with a Belgium-based nutrition firm.
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New campus
Eastern Asia University has signed an agreement with the Mongkol Sethi Group to establish a campus in the Mongkol Sethi Arcade in Pathum Thani's Klong Luang district.
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Hush Puppies to roll out socks, underwear
Hush Puppies International, the American manufacturer of casual footwear under the Hush Puppies brand, is preparing to expand its product line to include clothing and accessories.
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Markets beckon for jewellery, leather
Jewellery exports to Denmark and the rest of Scandinavia have surged almost 100 per cent in the first half of this year, according to the Export Promotion Department.
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Rich Asia Steel sets IPO share price at Bt2.25
Rich Asia Steel Plc has priced its 100 million initial public offering (IPO) shares at Bt2.25 each. The subscription period is to run from Monday through Wednesday.
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Single body to oversee film industry a step closer to reality
The government and the local film industry have reached an initial agreement to set up a central body to provide turnkey support and services to local film-production companies and foreign companies using Thailand for a shooting location.
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Cathay specials
A range of special deals, discounts and free tickets to Hong Kong will be on offer at the Cathay Pacific Showcase, which ends tomorrow at the Fashion Hall of The Emporium in Bangkok.
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Egat overseas unit gets nod
The board of the Electricity Generating Authority of Thailand (Egat) has approved the formation of a subsidiary to invest in neighbouring countries in order to give the company more flexibility after its plan to raise funds through the stock exchange was suspended by a court.
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Bt100m to be spent on enlarging terminal
Airports of Thailand Plc (AOT) will spend an additional Bt100 million to expand the budget-airline terminal at the new international airport by a further 10,000 square metres, in a bid to increase the number of flights 40 per cent within the first year.
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Move to defer budget deadline
The Finance Ministry will ask the Cabinet on August 29 to extend binding budget obligations for fiscal year 2006 from the end of August to September in a bid to boost government spending for the fiscal year.
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Late news :Esso cuts prices
Esso (Thailand) lowered its petrol prices by 40 satang per litre yesterday, the second price cut this week. Other petrol stations will follow suit today.
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Be 1 Communications launches M'sian JV
Having split from the public relations department of Chuo Senko (Thailand) almost two years ago, Be 1 Communications Co Ltd yesterday publicly launched its first joint venture in Malaysia.
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