Retail queen
Chadatip Chutrakul is about to celebrate a successful first year for Siam Paragon, avoiding any major overlap with the upmarket mall's nearby sister complexes
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STREET WISE
What's in a name change?
Last week, we learned of a change of name for Bangalore, the Indian city famous for software, technology parks, Internet cafes and globalisation. Replacing it is Bengalooru, the local term for "city of cooked beans". A reason given for the change is Bangalore failed to honour the kind old woman who plumped up a hungry 14th-century king with a small bean feast.
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Thailand, VN agree on pooling rice
Thailand and Vietnam have reached a preliminary agreement on pooling their rice trade to the tune of 2 million tonnes a year, in order to prevent price cutting, Thai Commerce Minister Krirk-krai Jirapet told a press conference yesterday after meeting with Vietnamese Trade Minister Troung Dinh Tuyen on the sidelines of the Asia-Pacific Economic Cooperation (Apec) ministerial meeting.
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New company to coordinate ICT Ministry state agencies
The Information and Communications Technology Ministry will set up ICT Thailand Co, in order to ensure efficient investment and operations in its three state enterprises.
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Alstom and Airbus eye mega-projects
Alstom and Airbus from France are interested in investing in subway lines and aviation in Thailand respectively, a source from the Transport Ministry said yesterday.
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HKRI to invest an additional Bt18 billion in Thai luxury properties
Property developer Hong Kong Real Estate International (HKRI) plans to spend Bt18 billion to develop two hotels, a golf course and a residential project in Thailand in the next several years.
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Picnic's new MD faces tough challenge
Recruiting a new managing director became a top priority at indebted Picnic Corp after Prasit Phetkhat resigned as of Wednesday.
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Company reports
DRAGON ONE said its share purchase of Avision from Rungthip Tinthaingam through its Application Hosting Service subsidiary could not be considered a connected transaction, because Rungthip was not a major shareholder in the subsidiary, nor was he part of the management.
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STOCK FOCUS
Dynasty Ceramic
Tisco Securities has maintained its "buy" rating on Dynasty Ceramic, with a 12-month target price of Bt18 per share.
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SEC fines six for manipulation
The Securities and Exchange Commission has fined six investors, securities marketing officers and brokerage executives Bt2.66 million, following allegations of share-price manipulation at Bangkok First Investment and Trust (BFIT).
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Supalai to launch six new residential projects
Supalai, a property developer for the middle-end market, plans to put up six new residential projects worth more than Bt5 billion next year.
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SKYTRAIN OPERATOR
BTS to air debt-refinancing plan
Skytrain operator Bangkok Mass Transit System (BTS) is to seek creditors' approval of a Bt60-billion debt-refinancing plan at the end of this month and is expected to list on the Stock Exchange of Thailand in next year's second quarter.
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THAI BOURSE
SET keeps watch for speculation
Surveillance and trading measures will stay in force, pledges Supakit
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IN BRIEF
Ericsson awarded US$110m AIS project
Advanced Info Service has awarded a US$110-million (Bt4 billion) project to Ericsson to increase its network coverage and capacity in Bangkok.
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Siam Motor Group goes 'Hip Plus'
The Siam Motor Group has launched a Bt600-million hotel, the Siam@siam Design Hotel and Spa, offering a "Hip Plus" concept to meet the demands of young executive travellers.
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FOREIGN-GIANT EXPANSION
Early enforcement of retail law wanted
Private sector fears Tesco Lotus may open more big stores
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NTC passes the concessions buck to the ICT Ministry
The telecoms regulator has declined to look into all the complaints of unfair and predatory practices against cellular market leader Advanced Info Service that were lodged jointly by its two major rivals.
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TOT ponders moving to a single fixed-phone call rate
TOT will consider adjusting the call rates of its fixed-telephone service to a uniform rate to benefit consumers, chairman Montree Supaporn said yesterday.
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Metrostar to buy 3 plots
Metrostar Property will buy three lots in Bangkok for Bt1 billion next month.
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Longines gears up for big push into Kingdom
Swatch Group Trading (Thailand), a Swatch Group subsidiary, plans a big investment to open up to 15 selling points nationwide next year for its high-end Swiss watch brand, Longines.
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FATTY ALCOHOL
New plant for Rayong
PTT Chemical, Cognis invest Bt820m
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LEGAL CORNER
Property leases for foreign investors
Property leases in Thailand seem to last 30 years. Is this a legal limit, and can there be an automatic option to renew such a lease?
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Local magazine magnate banks on 'own plant' policy
Intellectual Properties has become the latest hit, luring deep-pocketed businessmen into the domestic magazine market. Over the past two or three years, expected handsome returns have launched many new magazines, both foreign and local, in Thailand.
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BIZ TALK
No cash shortage here
BEC World has been flush with money for 10 years; it now prefers term deposits and bills of exchange to fixed-income funds
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PROPERTY& HOUSING
Variety and style
Interior designer Prasopchok Sumarnmas explores his unique 'Mix and Match' concept to great effect in the Baan Chun Ratchada project
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PROPERTY& HOUSING
Chaan Talay embraces natural look
Habitat employs earthy tones for 14-rai beach site
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PROPERTY& HOUSING
City homes: Plus rides condo wave
Launches two new sites as demand for units surges
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