Tongnoi won't be Temasek adviser
Temasek Holdings yesterday announced that MR Tongnoi Tongyai would not become the adviser for the company's local office in Thailand.
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Collateral-based bank lending comes with economic risks
The practice, so prevalent here, makes firms more prone to swings in asset prices and increases the vulnerability of the overall economy
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LATE NEWS
Thai tourists to Vietnam up 45%
Vietnam has welcomed about 3 million foreign tourists so far this year, representing a 5-per-cent increase on year, the National Administration of Tourism told the Vietnam News Agency yesterday.
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Cargo delays likely until early next year
Shippers will experience difficulty with cargo consignments at the newly opened Suvarnabhumi Airport until early next year.
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Nesac calls for new Red Line
The National Economic and Social Advisory Council will propose to the government a new electric rail line linking Don Muang, Makkasan and Phaya Thai.
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Dash to start promoting the power of the pen
Having tested the local market since September of last year, Dash International (Thailand), a local manufacturer, importer and distributor of promotional goods, is about to launch Senator premium ball-point pens from Germany, and Chiang Mai's Royal Flora Ratchaphruek 2006 will be its first big testing ground.
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New conditions set for giant retailers
The Commerce Ministry's Internal Trade Department has issued a new set of conditions aimed at preventing the aggressive expansion of superstores into small local communities, after unsuccessfully calling on the retailing giants to suspend their expansion plans for 30 days.
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'Too many rules to be able to enforce them'
A National Telecommunications Commission (NTC) commissioner admitted the regulatory body could not effectively enforce all of its regulations, because there were too many.
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PLEDGING PROGRAMME
Rice prices cut to more 'realistic' levels
Measure will help exporters but might also hurt farmers
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IN BRIEF
Mass Transit
New Smart Pass trial for Skytrain system
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Subway chain cuts fat, seeks franchisees
US restaurant chain Subway plans to open 140 new franchise outlets in Thailand in hopes of boosting sales to Bt2.7 billion by 2010, says Michael J Allan, Subway's franchisee and development agent in Thailand.
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TOURISM SECTOR
Three projects may be dumped
Agency needs to slash overall budget by Bt500m
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SET warns IEC and Bliss-Tel to improve internal controls
The Stock Exchange of Thailand (SET) yesterday warned International Engineering (IEC) and Bliss-Tel to improve operations and internal controls to bring them in line with listed companies' standards and be careful about information disclosures that might affect investors' decisions.
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Leophairatana clan not qualified: SET
The Stock Exchange of Thailand yesterday asked TPI Polene Plc to clarify the impact from the announcement by the Securities and Exchange Commission (SEC) that four executives and directors of the company are unqualified to serve in their positions.
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Accident insurance for DTAC customers
Total Access Communication (DTAC) joined forces with Muang Thai Life Assurance yesterday to provide group accident-insurance coverage to 1.2 million of its post-paid mobile-phone customers.
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NEWLY LISTED COMPANIES
SET to discuss tax privileges
Stock exchange authorities to meet with Finance Minister next month
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LOAN DEFAULT
SCB sues Safari World over bad debt
Suit filed over breach of Bt2.3-bn loan; Phuket FantaSea 'lacks cash for debts'
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STREET WISE
A new world for sponsors
The Public Health Ministry looks to have made a rather large retreat in its fight against firms selling "sinful" products.
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Higher growth 'hinges on rise in investment'
Thailand could see its economy growing at between 5.5 per cent and 6.8 per cent year after year if it can raise its rate of investment close to the pre-1997-crisis level, according to research sponsored by the World Bank and the National Economic and Social Development Board (NESDB).
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DEPARTMENT STORES
Sales down but prospects bright
Major players spending heavily on final-quarter shopping season; more optimistic about 2007
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