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Tue, August 29, 2006 : Last updated 20:23 pm (Thai local time)



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BANKING

BAY is given approval to proceed with GE deal

BankThai in talks with TPG subsidiary




Feeling the pinch

Despite government attempts to control prices in the face of rising fuel costs, consumers have already been affected in various ways



RICE HARVESTING

New reaper can reduce losses

Developer says machine can help Thai farmers boost profit and quality



In Brief :Shin corp sale

Democrats to issue petition to demand release of Kularb Kaew report



GPF appoints six fund managers

The Government Pension Fund (GPF) yesterday assigned five asset management firms and Bangkok Bank (BBL) to manage Bt54.6 billion of its total Bt305.78 billion assets.

PHONE SERVICES

NTC mulls taking back overseas call numbers

More competition seen for TOT, CAT



Dewar's White Label gets big budget for Thai launch

Bacardi (Thailand) Ltd yesterday said it will spend up to Bt100 million over the next 12 months during the official launch of Dewar's White Label on to the local market.



JD Pools planning to sue rival over patent claims

JD Pools 2004 (Thailand) Co Ltd, a local maker of swimming pools, is preparing to file a Bt100-million defamation suit against a French competitor called DeJoyaux in connection with a police raid earlier this month.



Late News :Urgency on Alien Business Act

The Commerce Ministry announced yesterday it was seeking to finish an amendment to the Alien Business Act by the end of next month, in order to clear up ambiguity and protect sensitive businesses from foreigners.



PTT pushes energy efficiency

Thai energy giant PTT Plc will urge the government to push the issue of "energy efficiency" and devise a national plan to promote long-term, sustainable energy consumption, the company's senior executive vice president, Anon Sirisaengtaksin, said yesterday.



Hua Hin hotel GM to go solo with 'artistic beach resort'

The booming resort business in Hua Hin has inspired small operators to revamp their own establishments into stylish boutique hotels. But the Kabantamor Resort's general manager has gone one step further and chosen to invest Bt50 million in a new resort project of his own.



Retail giants will need to outline expansion plans every quarter

The Commerce Ministry plans to revamp a draft of the long-awaited retail business law to help local retailers resist the aggressive expansion of giant foreign retailers in the Kingdom.



Hitachi to fund growth with US$1 bn

Japanese electronics and electrical appliance manufacturer Hitachi is expected to invest up to US$1 billion (Bt37.6 billion) in Asia over the next three years, with its sights trained on Thailand and China, caretaker Deputy Prime Minister Somkid Jatusripitak said following a meeting with Hitachi's executives yesterday.



Exporters praised

Caretaker Prime Minister Thaksin Shinawatra congratulates the 24 winners of the Prime Minister's Export Awards 2006 at Government House yesterday.



Diageo to host alcohol forum

Alcoholic drinks' conglomerate Diageo Group plans to host a forum with representatives from government agencies, the alcoholic drinks industry and community groups as part of a plan to set up three co-regulatory bodies.



NPLs soar Bt42 bn in 2nd quarter

New non-performing loans (NPLs) in the commercial banking sector increased considerably in the second quarter this year, up Bt42.2 billion from the previous quarter, illustrating the deterioration of debtors' debt serviceability, says the Bank of Thailand (BOT).



Finance Ministry revises down revenue projections

The Finance Ministry has revised down its government revenue projections for the next fiscal year starting October from Bt1.476 trillion as previously estimated to Bt1.4 trillion, largely as a result of the economic slowdown, a source said.






Top Stories



Proton cars: 'Major Thai firm' to be distributor

Shin units would be in spotlight

Experts believe Kularb was a nominee

Bumrungrad Hospital Plc

Advertising agencies increasingly cashing in on digital media


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