He said this was because construction had been delayed by 20 per cent as a result of a change in the blueprint, delays in handling land plots and problems with contractors' cash flow.  

Builder cuts goal

Quality Construction expects annual revenues to fall short of the Bt1.04-billion target, due to high oil prices and the company's inability to raise product prices.

The company yesterday revised the sales target to Bt900 million as it could not raise retail prices amid higher operating costs and fierce competition.

Like hot cakes

Dash International (Thailand), a souvenir producer and seller at Royal Flora Ratchaphruek 2006 in Chiang Mai, expects sales of up to Bt20 million for the three-month event.

Managing director Jirabul Vitayasingh yesterday said visitors to the show spend between Bt100 and Bt200 on souvenirs, generating sales on average of Bt100,000 to Bt200,000 per day.

With its sales at the expo, the company expects total revenue of Bt120 million this year, up 30 per cent from last year, he said.

Musical homage

Music and Art 2006 opened yesterday, with up to a million visitors expected during the five-day event that runs until Monday at Impact Muang Thong Thani.

The event is being held to commemorate the 60th anniversary of His Majesty's accession to the throne.