RAISING STANDARDS
New quality award for the public sector
All agencies are eligible for yearly honour
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Loan rules eased for banks, related parties
The Bank of Thailand has relaxed its regulations to allow credit committees or executive boards to approve loans between commercial banks and related parties, with approval no longer being required from the relevant institution's board of directors.
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BT2.7-BILLION FALLOUT
Siam Cement hit hard by closure
Siam Cement Plc is expected to recognise post-tax impairment of assets and investment amounting to about Bt2.7 billion in this quarter.
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BBL reaches lending target a year early
Bangkok Bank's modern agriculture project has achieved its lending target a year ahead of schedule, says senior executive vice president Thamnoon Laukaikul.
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Company reports
Patum Rice Mill and Granary reported the resignation of Oranuj Osatananda from the positions of independent director, member of the audit committee and chairwoman of the nomination and remuneration committee, with effect from October 12.
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Stock focus :Thai Oil Plc
Phatra Securities has recommended investors to buy Thai Oil's stock with a 12-month target price of Bt81 per share.
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RK Media banks on new CEO to reverse its fortunes
RK Media Holding Plc yesterday appointed a new CEO who it is hoped will reverse the company's ailing situation.
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Household debt slows
Household debt over the first six months of the year rose 6.4 per cent from 2004 to an average of Bt118,434 per household, a lower growth rate than the 12.6-per-cent increase recorded in 2004, according to National Statistical Office data released yesterday.
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Sitthichai awaits ruling
Information and Communications Technology Minister Sitthichai Pookaiyaudom is waiting for a ruling by the Council of State before deciding on action in the case of a marketing deal between CAT Telecom Plc and Hong Kong telecom giant Hutchison Telecom involving CAT Telecom's broadband mobile phone business.
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THAKSIN ALLIES
Two facing transfer for 'favours'
Speculation Sirote and Boonsak will be moved over Shin-Temasek, CTX affairs
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Small retailers to hold rally against rapid expansion of giant Tesco Lotus
Small retailers from 48 districts will rally at the Royal Plaza today under the banner of the Federation of Thais Opposing Foreign Retailers before submitting a letter to the Prime Minister requesting an urgent measure to stop Tesco Lotus from opening new stores.
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Late News :Fast-food traffic jam could scupper 'Blue Flag' project
The Commerce Ministry is considering scrapping its "Blue Flag" project, which offers cheap-priced fast food at street kiosks, because it is causing problems for the Bangkok Metropolitan Administration (BMA).
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In Brief :Product launch to spur Steel Intertech growth
Steel Intertech will launch its newest product - C&Z Purlins - in the middle of next month, in a bid to boost its sales growth to 10 per cent this year.
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NMG joins with Japan print giant
WPS (Thailand) Co Ltd, a printing subsidiary of Nation Multimedia Group Plc (NMG), has reached a basic agreement to form a joint venture with Kyodo Printing Co Ltd, one of Japan's largest and oldest printing houses.
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Minor to triple S&P stake
Minor International Plc will spend Bt204 million to buy 13.67 per cent of S&P Syndicate Plc, boosting the group's shareholding in S&P to 19.85 per cent.
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Nestle sells its Thai milk products
Nestle (Thai) Ltd has agreed to sell production, marketing, sales and distribution licences for chilled, UHT and canned liquid milk to the Fraser & Neave Group in Thailand, a subsidiary of Malaysian beverage multinational Fraser & Neave Holdings Berhad (F&N).
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Street WISE :Tesco Lotus as whipping boy
What was meant to be a meeting to formulate views on the future of business laws for local retailers turned into a trial conducted against superstore chain Tesco Lotus, for its refusal to promise not to expand its outlets for one month.
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