ASSET MANAGEMENT

TAMC to recover 50% of bad loans

29 per cent of Bt527 billion paid via instalments
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PTT will promote NGV loans

PTT Plc is trying to raise the number of natural-gas-powered vehicles (NGVs) by joining hands with Thanachart Bank to lend money at low interest rates to motorists and corporations.
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Vericert in Thailand

Bureau Veritas Quality International (BVQI), an independent certification body, has introduced Vericert to Thailand, a tailor-made service identifying business risks in individual companies, helping minimise costs.
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THAI EXPORTS

Commerce meets with companies

Goal is to increase international markets
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Retail growth guidelines mulled

In a bid to control the expansion of big retail chains and protect smaller players, the Commerce Ministry is considering creating guidelines that would limit the level of sales and stock volumes of companies wishing to expand in certain areas.
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Late news :Gems fair 'to generate Bt2.5 bn'

Krung Thai Bank forecasts that around Bt2.5 billion will be generated by the 38th Bangkok Gems and Jewellery Fair, which will be held at Impact Muang Thong Thani from tomorrow until Sunday.
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Central captivated by retail market in China

Local retailing and hotel giant the Central Group is studying the feasibility of expanding its business into China.
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Longer-term fixed-rates in mid-2007

Home-buyers will have access to longer fixed-rate mortgage loans around the middle of next year, when interest rates are expected to be stable, say bankers.
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Local fashion labels to show in New York, Dubai

JSL, the firm responsible for Bangkok Fashion City Roadshow - one of nine government projects promoting Bangkok as a "City of Fashion" - will take 24 local brands to three big events in New York and Dubai next week.
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King Power recovering from airline ban on liquid

Duty-free operator the King Power International Group has lost about Bt150 million in sales of alcohol and perfume since airlines stopped allowing passengers to carry liquids on board.
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7-Eleven comes out fighting

CP Seven Eleven Plc, operator of 7-Eleven convenience stores, is strategically reshuffling its business in a move to defend itself from aggressive moves by multinational hypermarkets into communities throughout Thailand.
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Dragon One's offer 'high'

Advisory Plus, an independent financial adviser, said that a price offered by Dragon One Plc (D1) to acquire a majority stake in Application Hosting Services (A-Host) was inappropriate - as it was higher than a suitable price range.
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Media-friendly Asem 6 labelled 'biggest political event ever held'

Although there are no banners lining the streets, the Finnish government has showered the 639 media representatives at the Asia-Europe Meeting (Asem) summit with VIP treatment.
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China hit with 700 WTO cases: forum

Contrary to the general perception that the opening up of China's economy has posed a threat to other countries, that nation has suffered the most from protective measures against it since being accepted into the World Trade Organisation (WTO), says Fu Chengyu, president of the China National Offshore Oil Corp.
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First airport hotel opens its doors

The official hotel at Bangkok's new airport, the Novotel Suvarnabhumi Airport Hotel, has opened in preparation for the airport's official launch on September 28.
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In brief :Slaughterhouse 76

New hygienic standards developed for meat and poultry industry
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