PHILIPS SOUNDS ALARM

Surging baht not in line with local economy

Electronics giant cites lack of competitive edge
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Company cultures, not Thai culture, a hurdle at times

"Share our similarities, celebrate our differences" - M. Scott Peck
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Credit-card campaigns

A plethora of discounts, rewards and other benefits are on offer from various banks, hoping to capitalise on the shopping rush of the festival season
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Keeree to ask SET to help boost Tanayong

Tanayong's major shareholders, with a 75-per-cent stake, will ask the Stock Exchange of Thailand (SET) to apply a one-year silence period aimed at boosting retail investors' confidence.
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From soldier to company president

Beginning his working life as a professional soldier has lent some surprising benefits to the stock-trading career of JP Morgan (Thailand) president Marco Sucharitkul.
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Banpu inks study deal with Laos

Banpu yesterday signed an agreement with the Lao government to conduct a feasibility study for the development of coalmining and a coal-fired power plant.
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Company reports

City Steel said its consolidated net profit for the first quarter ending October 31 was Bt33.89 million, down from Bt39.91 million in the same period last year.
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Stock focus

SCB
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Interlink chases state projects

Interlink Communication, a major distributor of cabling and computer-networking products, will set up a wholly owned subsidiary next year to focus on bidding for state telecom projects.
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TOURISM MINISTRY

Elite Card issuer could face closure

Audit team investigates poor performance
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Good day for Creative Juice\G1 at BAD Awards

Creative Juice\G1 won the largest number of awards - 47 - at the 22nd BAD Awards at Rajdamnoen Boxing Stadium last Friday.
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In brief :Measure to guarantee quantity of fish for export

The National Bureau of Agricultural Commodity and Food Standards is setting up a traceability system for Thai panga fish, in order to guarantee exports to the EU and the US.
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Thai firms waiting for Qatari govt to pay them

The public may have been impressed with the 15th Asian Games in Doha, but Thai constructors are waiting for payment of Bt564 million from Qatar's government for additional design and construction at its athletic stadium.
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Villages to attract tourists

The Tourism and Sports Ministry plans to develop 10 villages as new cultural destinations around the Kingdom.
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Canon expects surge in business

Canon, the Japanese manufacturer of electronic products, has designated Thailand as one of its four "victory countries" in Asia as it anticipates a business surge.
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Late news :Classic design

Interior design firm The Emporer D One, a subsidiary of home builder the Emporer, expects total revenue of Bt60 million in the next year, up 20 per cent from this year, according to managing director Powasit Taweritthanawong.
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Ethanol prices fall after petrol sales continue

Ethanol prices have fallen sharply from a peak of Bt25.30 per litre recently to Bt19-Bt21, following the Energy Ministry's decision to delay the abolishment of octane-95 petrol retail sales until ethanol supplies are sufficient.
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Baht will hurt export targets

A mere 10 days after setting Thailand's export targets for 2007, Commerce Minister Krirk-krai Jirapaet admitted yesterday that the growing strength of the baht against the US dollar will force the country to miss next year's export target of 12.5-per-cent growth for a total value of US$145 billion (Bt5.21 trillion).
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Total ad ban would hike alcohol consumption, big firms claim

Total beer sales in Thailand are expected to increase dramatically from 5-6 per cent this year to more than 10 per cent next year, according to Singha Corp, manufacturer of the Singha and Leo brands of beer.
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STREET WISE

To the victors belongs the gelt

We have no objection if winners will take all, if the winners are our athletics heroes and heroines from the Asian Games in Qatar and the Fespic Games in Kuala Lumpur.
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The nation first

Bringing up children and nurturing a start-up company are similar skills, says Software Park director Suwipa, but what makes her feel really proud is her role in contributing to the country's development
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