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Wed, December 27, 2006 : Last updated 19:51 pm (Thai local time)



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SIAM CITY BANK

Board to pick new president

Selecton panel scrapped to prevent rifts



YEAR-END SPECIAL: OUTLOOK FOR IPOS IN 2007

No rush to list on the stock exchange

Next year set to be another quiet one for firms going public



HIGHER EDUCATION

Bangkok to have institute

US business school Kellogg leads plan to open centre for global and social research



Mass-transit train lines right on track, public hearing is told

The government will select the concessionaires to operate the blue and purple mass-transit lines by next August, says Maitree Srinarawat, director-general of the Office of Transport and Traffic Policy and Planning.



Will you make a New Year resolution?

With less than one week to go before the end of the year, 88 per cent of Thais have already decided on their New Year resolutions, with 70 per cent promising to exercise more and 67 per cent striving for a better home/work balance, according to market research and information company ACNielsen.

PANASONIC

Thailand to be R&D centre

Bt800m to be spent on relocating manufacturing facilities



Five Star to launch 10 new films

After a somewhat quiet year, Five Star Production is set to release 10 films next year, five of which will be in the cinema by March.



TOT to send concession changes to ministry

TOT will soon send to the Information and Communications Technology (ICT) Ministry concession-contract amendments that were not submitted to the previous government's Cabinet for consideration.



Late News :Ministry mulls tax breaks

Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula promised to reach a decision this week on tax breaks for newly listed firms.



TOT stands firm on charges

TOT is still refusing to register new mobile-phone numbers from Total Access Communication (DTAC) and True Move in its network, despite facing a possible fine.

YEAR-END SPECIAL: MOBILE CONTENT

Dizzying changes coming to mobile-phone services

The hectic growth of Thailand's mobile-phone market is expected to be driven next year by souped-up handsets and an entertainment craze known as "calling melody and full song music downloads".



Festive-season spending growth down to 5%

Year-end spending growth this year will be only 5 per cent compared with 10.9 per cent last year and 19.4 per cent in 2004, mainly because consumers are worried about a downward trend in the economy next year, according to a survey conducted by the University of the Thai Chamber of Commerce (UTCC).



Directors' pay varies widely

The banking, energy and utilities, and petrochemicals and chemicals sectors were the three with the highest average rate of directors' remuneration, the Stock Exchange of Thailand (SET) said yesterday.



TAT deputy governor favoured for top position

Phornsiri Manoharn, Tourism Authority of Thailand (TAT) deputy governor for domestic markets, is expected to be appointed the new TAT governor tomorrow.

STREET WISE

Social duties, corporate style

As you may have noticed, traffic in Bangkok has been terrible these past few weeks.



Thai Oil plans Bt18-bn expansion

Thai Oil and its subsidiary Thai Paraxylene plan to raise their production capacity next year with a giant investment of US$500 million (Bt18 billion).



Global Connections sees 7% revenue growth

Global Connections has targeted revenue growth of 7-8 per cent year on year to Bt3.8 billion next year, the company's managing director said yesterday.



Company reports

Agricultural Futures Exchange of Thailand said SET50DEC07 (S50Z07) will be listed and commence trading tomorrow, while the trading of SET50DEC06 (S50Z06) will be ended at 4:30pm on the same day.



Stock focus :Italian-Thai Development

KGI Securities (Thailand) has maintained its "neutral" rating on Italian-Thai Development's stock with a 2007 target price of Bt7.10 per share.



Shin Satellite completes network across China for its broadband services

Shin Satellite (ShinSat) has finished construction of two more gateways, in Shanghai and Guangzhou, for its broadband satellite iPSTAR.



Industrial growth likely to hit 5.3%

The industrial sector is set to grow 5.3 per cent this year, boosted by the continued growth of various industries, according to the Industrial Economics Office.



Romania, Bulgaria to face dumping duties

The entry of Bulgaria and Romania into the European Union will cause steel imports from those two countries to be subject to punitive anti-dumping duties, says Thailand's Foreign Trade Department director-general Apiradi Tantraporn.

IN BRIEF

Housing :Oil prices and location to boost condominium demand

Condominium demand is set to expand further next year, particularly for units priced up to Bt2 million, a condo manager said yesterday.



The man behind he projector

'King of Cinema' Vicha Poolvaraluck talks about his passion for movies, his 'do not disturb' office and his favourite entrepreneur, Stephen Alan Wynn.






Top Stories



Property funds to be 'hit badly'

Experts warn of ripple effects

Market in jitters over confusion

Stem-cell research wins prize

Foreign Business Act under review


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