ACCESS CHARGE ROW
DTAC ready to sue TOT
Cellular firm prepared to act if agency doesn't accept new numbers by Monday
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IN BRIEF
S Korean flights to Krabi mulled
With South Korean travel to Krabi booming, the Seoul office of the Tourism Authority of Thailand conducted a feasibility tour last month to explore the possibility of operating an Inchon-Krabi charter flight this year.
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Nivea's local focus now on men's market
Beiersdorf (Thailand), the distributor of Nivea for Men and skincare products for women, announced it would give priority to its body-lotion product line and Nivea for Men, because these are expected to receive recognition as top brands in the skincare market for both genders this year.
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More PTT self-service on the way
Thailand's largest oil company, PTT, will open more self-service petrol stations to serve demand and limit cheating at pumps.
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Asian real-estate trusts boom, but Thai picture cloudy
After a brief consolidation during the region's stock market slide last May and June, Asian real-estate investment trusts (REITs) regained momentum in the second half of 2006, says the latest CB Richard Ellis "REITs Around Asia" report.
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Insurers to face credit scrutiny
The Commerce Ministry's Insurance Department will require all Thai insurance companies - both life and non-life - to submit to credit ratings.
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Major banks to double number of ATMs this year
The larger commercial banks plan to double their number of automatic teller machines (ATMs) this year, to provide facilities for expanding electronic bill-payment transactions.
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PTT reviewing lending sources as rates increase
PTT Group is reconsidering the source of financing for its Bt200-billion investment plan, since credit from abroad will be priced higher due to the Bank of Thailand's withholding requirement on foreign funds.
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STREET WISE
Throwing out the wrong man?
Both before and since its opening, Suvarnabhumi Airport has been plagued with rumours - nearly all of them negative.
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Thailand's own 'BusinessWeek' edition, in Thai
Starting in June, a Thai-language edition of BusinessWeek, one of the world's most widely read business magazines, will be available in Thailand.
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Terrorism premiums 'to rise'
The recent multiple bombings in Bangkok are expected to raise awareness of terrorism insurance while driving up premiums for shopping centres, multinational chain hotels and industrial and petrochemical factories on the Eastern Seaboard, Bangkok Insurance said yesterday.
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Pridiyathorn out to reassure foreigners
To reassure foreign investors, Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula yesterday said only 1,337 companies would be affected by the proposed amendments to the Foreign Business Act.
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Brekke confident DTAC won't be affected
The country's second-largest cellular operator, Total Access Communication (DTAC), does not expect to be affected by the amendments to the Foreign Business Act, as it believes it has complied with all relevant laws.
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LATE NEWS
Seized assets may be returned
A total of Bt495 million in assets seized from former executives of the defunct First Bangkok City Bank are likely to be returned to their owners if its former chairman, Manoch Karnchanachaya, former president, Uthai Akarapattanakul, and former vice president, Phakinee Suwanphakdee, fail to report themselves to prosecutors today and are not detained by next Friday, says the Bank of Thailand.
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Samui water pipeline proposed
Prime Minister Surayud Chulanont has ordered the Tourism Authority of Thailand (TAT) to study a proposal to construct a 40-kilometre underwater pipeline between the mainland and Koh Samui to overcome the island's regular water shortages.
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Samsung to begin offering Yahoo services
Samsung, a maker of mobile phones, and Yahoo, the global Internet company, yesterday announced a strategic partnership to distribute Yahoo's services on millions of new Samsung mobile phones in more than 60 countries.
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Plan to attack poverty
Army chief General Sonthi Boonyaratglin and Industry Minister Kosit Panpiemras have come up with a strategy to solve the country's problems of poverty.
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Major's ticket sales down after New Year's Eve bombs
The Major Cineplex Group saw its ticket sales plunge 15 per cent in the first week after the Bangkok blasts, but only its downtown locations saw a drop in audience numbers.
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Oil-refining margin still quite high
The average oil-refining margin this year is expected to stand at about US$4 to $5 (Bt144 to Bt180) per barrel, which is still relatively high due to limited refinery capacity and growing global demand.
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Designs on success
Despite an early setback, the determination to succeed has paid dividends for this clothing designer's All Lit Up boutique and fashion business
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