Hat Yai bombings slash sales
Since the bomb blasts in Hat Yai last week, Odean Shopping Mall Hat Yai has been suffering from a reduced number of shoppers and sales are off 50 per cent.
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Retail sales 'expected to grow'
Despite political uncertainty and weaker consumer confidence, retail sales in Thailand and across the Asia-Pacific region are expected to grow in the second half of the year, according to the latest MasterIndex of Retail forecast.
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Plans set for cassava bioplastic production
The National Innovation Agency (NIA) yesterday signed a memorandum of understanding (MOU) with Thai Bioplastics Society and German Technical to make a four-year roadmap for research into turning cassava into bioplastics, and build awareness of bioplastics in the global arena.
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CUSTOMER SERVICES
Call centres can generate loyalty: survey
Offices may also build revenues if run properly
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IN BRIEF
Tour operator :Diethelm Travel Asia wins award
Diethelm Travel Asia has been voted "Asia's Leading Tour Operator" in the World Travel Awards - the Oscars of the travel industry.
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Should banks focus on relationship or transaction lending?
Each country's banking system varies in the degree or weight of importance it places on the risk and closeness-to-client factors
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LATE NEWS
Slower growth forecasts
Although the Finance Ministry and the Bank of Thailand have maintained their optimism on the economy following the coup, some foreign finance houses have revised their growth forecasts downwards.
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Cambodian JV for CMO
CM Organiser Plc (CMO) will expand its business through a joint venture in Cambodia that will be finalised this year, says CEO Sermkhun Kunawong.
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Egco wins US$700m concession in Laos
Thai power producer Electricity Generating Plc (Egco) has won a concession worth US$700 million (Bt26.18 billion) to construct and operate yet another power plant on the Theun River in Laos.
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Nominee probe may be concluded
The Commerce Ministry is considering ending its investigative committee's probe into whether Kularb Kaew and other companies were nominees of Singapore's Temasek Holdings.
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BOT three-day bill meets huge response
The first-ever three-day bill issuance by the Bank of Thailand (BOT) received an overwhelming welcome from investors yesterday, with an oversubscription of 2.44 times.
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Evita Peroni stands alone
Evita Peroni has opened its first standalone outlet in Bangkok carrying the Danish brand's line of women's hair accessories, fashion jewellery, handbags and sunglasses.
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Chinese ditch travel plans
The Association of Thai Travel Agents (ATTA) has estimated inbound cancellations will reach 40,000 by the end of this month, resulting in Bt800 million in lost tourism revenue.
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RETAIL GIANTS
30-day expansion freeze on cards
Ministry to ask coup leaders to impose a ban if companies fail to sign the MoU today
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Moody's cuts G Steel's corporate rating
G Steel Plc's corporate rating by Moody's Investors Service was cut to B2 from B1, following the completion of its purchase of up to US$180 million (Bt6.7 billion) in convertible bonds of NSM Plc, another steel company.
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CH KARNCHANG PLC
Coup won't hurt contractor
A Bt30-billion backlog of work at Ch Karnchang Plc has enabled the company to ward off any fallout from the change in government following Tuesday's coup.
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GEN shareholder declines board role
The new major shareholder of General Engineering Plc (GEN) will not be joining the company's management, says managing director Vichaya Chatikavanij.
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SUBWAY OPERATOR
Bmcl plunges in stock market debut
Bangkok Metro shares are caught up in a wave of selling as the exchange reopens
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STREET WISE
Troops nicer than S'pore soldiers
Despite travel warnings from Singapore, a friend of mine who just flew into Bangkok encountered a surprise upon his arrival.
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Next budget may be on time after all
The government that will be established by the Council for Democratic Reform under Constitutional Monarchy may draw up the 2007 fiscal year budget faster than the Thaksin administration could have, putting to rest earlier predictions that the budget would be delayed by at least six months, according to Suparut Kawatkul, permanent secretary of the Finance Ministry.
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