UNCORKING BEVERAGE EXPORTS

Korea laps up Zenya green tea

Distribution deal signed for second foreign market after Cambodia
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FRIDAY BUG

There's an art to being a banker

Almost every day, newspapers must run at least one story with comments from the big cheeses at the central bank and most people see the Bank of Thailand as constantly involved in macroeconomics or other serious stuff.
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Bualuang hopes to lift its share

Despite expectations that the stock market will remain in the doldrums for the rest of the year, Bualuang Securities is looking to increase its share of the brokerage market to 4 per cent in the last quarter, a slight improvement from the 3.7 per cent it has long held.
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LH Bank aims for buyers of other developers' homes

Land and Houses Retail Bank aims to achieve Bt500 million in mortgage loans by the end of the quarter to home-buyers not introduced by the Land and Houses (LH) Group, bank president Sasitorn Phongsathorn said yesterday.
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NZ talks on services start soon

Thailand and New Zealand are scheduled to begin talks to liberalise trade in their services sectors by 2008, a follow-up to the comprehensive free-trade agreement between the countries, New Zealand Ambassador Brook Barrington said yesterday.
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Mid-price condo units selling well

Despite fears in recent years of oversupply, the Bangkok condominium market has adapted itself to the situation.
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IN BRIEF

middle east

Thai trading company to launch in Dubai
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Thai-M'sia trade on the rise

Despite a slowdown in the global economy, trade and investment between Malaysia and Thailand is expanding, with two-way trade reaching US$7.2 billion (Bt270 billion) in the first half of the year.
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Thai tuna import tariff to double

Australia will increase tariffs on canned tuna and canned pineapple from Thailand after the finding that they had exceeded quotas under the Thailand-Australia Free Trade Agreement (FTA).
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STREET WISE

One step forward, two steps back

Thursday was a day rich with irony. While the World Bank and its appendage, the International Finance Corporation, announced in the morning that Thailand was among the top 20 countries where it's easiest to do business, Thailand's Commerce Ministry revealed in the afternoon a plan to curb the expansion of giant foreign retail stores in the Kingdom.
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Diesel price dips below petrol

The price gap between domestic petrol and diesel is set to widen further this week, due to easing petrol demand against higher demand for diesel around the globe.
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'Make Suvarnabhumi City a business district'

The Suvarnabhumi City to be built around the new international airport should be developed as a business area rather than a residential one, an academic suggested yesterday.
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Retailers agree to stop all new stores

Superstores and retail giants will sign a memorandum of understanding with the Commerce Ministry next week to suspend expansion plans until the Kingdom's first-ever Retail Business Law is approved and implemented.
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Pizza Hut threatens Pizza Company with suit over pie similarities

Open warfare appears to have broken out between two of Thailand's best-known pizza chains - Pizza Hut and The Pizza Company - with one accusing the other of copying its products.
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LATE NEWS

flagship outlet

SB Furniture to build Bt350m showroom at CentralWorld SB Furniture Co Ltd said yesterday it would spend Bt350 million building a flagship showroom at the CentralWorld Department Store.
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NTC starts expansion process

TheNational Telecommunications Commission (NTC) has started the process of appointing a committee to select three new members according to the frequency-allocation law.
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SRT plan sees debt-asset swap

The Finance Ministry has agreed to take over the State Railway of Thailand's debts, amounting to Bt37 billion, in return for ownership of SRT land worth Bt4 billion that has until now been rented by government units.
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August revenue overshoots target

Government revenue in August was 2.8 per cent more than targeted, but revenue in the first 11 months of the 2006 fiscal year was off target by 1 per cent.
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B/Es available to bank depositors

Depositors can now buy bills of exchange (B/Es) issued by commercial banks, under Bank of Thailand regulations that went into effect at the end of last month.
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Bidding for white rice cancelled

The Commerce Ministry has cancelled the latest round of bidding for government stocks of white rice, due to the failure of traders to offer prices above market value.
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Sony predicts complete switch to HD TV format

Sony Thai Co Ltd, the local subsidiary of the Japanese electronics giant, expects all of Thailand's free-to-air television channels to begin broadcasting in high-definition (HD) format within a few years, which will enable television manufacturers to begin selling high-definition units locally.
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Thai fruit squeezing into Indian market

India is a promising destination for Thai fruits such as rambutan, longan and pineapple, now that the market has opened up under the free-trade agreement signed between the two countries in 2003, Board of Trade of Thailand director Satish Sehgal said yesterday.
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SHOPPING COMPLEXES

The Mall sees sales slowdown

Revenue to grow 25 per cent this year but next three years look gloomy
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