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Wed, November 8, 2006 : Last updated 20:05 pm (Thai local time)



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LIBERALISATION

US 'to float Apec-wide trade pact'

Bush to put idea to summit: US official



STOCK MARKET

SET continues to power ahead

Foreign investors go on buying spree ahead of US mid-term elections



TELECOM SECTOR

Revision of licence fees set for next year

NTC holds fair-competition hearing, with focus on dominance



Charn Issara expands into condos

Major local property developer Charn Issara Development plans to capture a share of the condominium market by launching three new projects next year worth a total of Bt3.7 billion.



Ministry decides to retain its regional hub strategy

The Commerce Ministry has decided to retain its regional hub strategy and develop the concept further to boost trade and investment in particular overseas markets.

IN BRIEF

Central bank :Bt20 billion in loans approved for businesses in troubled South

The Bank of Thailand has approved loans worth Bt20 billion to 5,751 business operators in the three restive southern provinces.



Thappline expects big jump in revenues

Thai Petroleum Pipeline (Thappline) expects its revenues to rise 25 per cent this year to Bt1.8 billion, thanks to a 20-per-cent increase in capacity from the new Map Ta Phut-Sri Racha pipeline.



Military men head telecom boards

The Finance Ministry has appointed top-ranking military personnel as chairmen of the three state telecom agency boards.



Cabinet gives green light for routes

The Cabinet yesterday approved five electric-rail routes requiring a combined investment of Bt165.4 billion, linking central Bangkok with its surrounding areas.

ENTERTAINMENT

RS secures rights to 'Ultraman'

New sports subsidiary also to be set up



Brass to join THAI board

Transport Minister Teera Haocharoen is likely to invite military officers to replace four members of the board of directors of Thai Airways International who resigned on Monday.



FTA funding panel convenes tomorrow for the first time

The Trade Negotiations Department will hold the first meeting tomorrow of the Free-Trade Fund Committee, which aims to assist farmers and manufacturers adversely affected by free-trade agreements (FTAs).

LATE NEWS

Rice bidding to open soon

Commerce Minister Krirkkrai Jirapaet will today make an announcement about the opening of bids soon for 2.63 million tonnes of rice from the government stockpiles, in order to clear out its warehouse for the upcoming round of rice pledging.



Brokers told to keep 5 years' data

The Securities and Exchange Commission (SEC) has issued a circular instructing all brokers to keep stock-transaction records of their customers for at least five years. An SEC source said yesterday the new rule would take effect on November 16.

TELECOM CONCESSIONS

AEC asked to examine AIS fee

TOT's reduction has cost Bt83 billion - expert



Thai food industry unfazed by M'sian move

The Malaysian government's recent attempt to raise the country's profile through its national cuisine poses no threat to Thailand's food and restaurant industries, a Thai Food to the World (TFW) official said yesterday.



CentralWorld delay hits B2S sales

The Central Group's B2S bookstore will miss its sales target for its largest branch in the giant CentralWorld shopping complex at the Rajprasong Intersection, which is still not yet fully operational.



No government intervention in MCOT row

PM's Office Minister Thirapat Serirangsan insisted the government would not intervene in the spreading conflict between the new board of MCOT and its staff amid pressure from the labour union, which yesterday succeeded in turning out staff dressed in black in protest.

STREET WISE

Enjoying being just another face

Executives at Temasek Holdings and Shin Corp must be awfully annoyed that their transaction has sparked so much fierce criticism when the deal between United Communication Industry (Ucom) and Norway's Telenor went as smooth as silk.



ING property fund debuts tomorrow

ING Funds (Thailand) will start selling the Bt4.7-billion Future Park property fund tomorrow and hopes to launch another property fund later this year.



IRPC taking to the road to boost confidence

IRPC Plc - the former Thai Petrochemical Industry (TPI) - is conducting a road show in New York and the United Kingdom as part of its effort to restore the confidence of both local and foreign investors.

ELECTRONIC PURSE

Thai Smart Card airs expansion plan

Thai Smart Card plans to join with a number of partners within five years to expand its base to 5 million customers from the current 600,000 holders of its prepaid card.



BOT clamps down on B/E transactions

The Bank of Thailand (BOT) announced yesterday it would prohibit financial institutions from issuing and selling bills of exchange (B/Es) in baht for all maturities to non-residents as a pre-emptive measure to tackle baht speculation.



Company reports

ACAP ADVISORY declared an interim dividend of 35 satang per share for the first nine months of the year, payable on November 30.

STOCK FOCUS

PTT Exploration and Production

KGI Securities (Thailand) has maintained a "neutral" rating on PTT Exploration and Production's (PTTEP) stock.






Top Stories



Key export sectors at serious risk

Thai AirAsia offers lower airfares

How afraid should we all be of China?

Thai Rung Union to launch four new modified vehicles

Potential conflict of interest the real issue


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