FOREIGN BUSINESS ACT
'Don't take a step backwards'
Kitipong urges relaxing law so that overseas investors are not frightened away
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Adventures outside the comfort zone
"Move out of your comfort zone. You can only grow if you are willing to feel awkward and uncomfortable when you try something new." - Brian Tracy
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Toy-maker turns adversity to plus
Parks Toy (Thailand) has recently suffered sharp falls in its annual income, after once enjoying sales of as much as US$6 million (Bt216 million) a year.
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Loans: think it over
Don't just go cap in hand to the local bank manager
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Decision on Don Muang
The decision on Thai AirAsia's attempt to return to Don Muang Airport looks likely to drag on past April, Chotisak Asapaviriya, president of Airports of Thailand (AOT), said yesterday.
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12 firms face probe over nominee issue
The Commerce Ministry's Business Development Department will continue to investigate 12 companies for allegedly being nominees for foreign investors so as to avail the benefits of Thai-company status.
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Creditors to oppose BTS plan
Three secured creditors of the Bangkok Mass Transit System (BTS) will today try to block the company's rehabilitation plan at the Bankruptcy Court, arguing that as secured creditors they would stand to receive less
than their share of the debt payment than what they should get compared with other creditors.
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BOT to relax rules for corporate loans
The Bank of Thailand (BOT) will soon relax its draconian withholding measure for companies in Thailand that borrow foreign loans to finance their investment, says Governor Tarisa Watanagase.
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STREET WISE
King Naresuan should be great
If you check out The New York Times website, you'll find a glowing review of the Thai cowboy camp melodrama "Tears of the Black Tiger" by director Wisit Sasanatieng.
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BankThai introduces new loan strategy
BankThai (BT) is offering personal loans with a repayment period of seven years to boost its lending by Bt10 billion this year, the bank's senior vice president said yesterday.
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Asia Plus president resigns
The resignation of Udomsak Chakreyavanich as president of Asia Plus Securities Investment Banking will not affect the company's operation, said CEO Kongkiat Opaswongkarn.
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Sommai rules out any major tax reforms
Deputy Finance Minister Sommai Phasee ruled out any major tax reforms at a meeting with Revenue Department officials, saying the economy has yet to experience a big change, either positively or negatively.
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Company reports
BROOKER GROUP's board approved investment in its new subsidiary, Brooker Dunn Asset Advisory, in which Brooker holds a 51-per-cent stake.
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STOCK FOCUS
Land and Houses
Tisco Securities has maintained its "buy" rating on Land and Houses (LH) shares, with a 12-month target price of Bt6.50 apiece.
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Foreign buyers 'should not panic'
The Thai branch of international real-estate and property-investment firm CB Richard Ellis has urged foreign property owners and prospective buyers of Thai real estate not to panic or abandon their interest because of proposed changes to the Foreign Business Act.
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IN BRIEF
Appointment :Impact gets new general manager
Impact Exhibition and Convention Centre at Muang Thong Thani has appointed Loy Joon How as its new general manager.
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RAIL PROJECTS
Bid to standardise terms for routes
Plan to make all documents in the same format would encourage similar passenger fares, in addition
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Nothing is too small for a caring DTAC
Total Access Communication (DTAC) yesterday introduced its corporate value of "Nothing is too small for us" as part of its focus on brand-building after the easing of the price war.
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ASEAN SUMMIT
Thailand signs regional trade pact
South will benefit from more business links with Indonesia and Malaysia
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Bureau Veritas rebrands itself
Following its strategic manoeuvre in Europe last September, Bureau Veritas Quality International, commonly known as BVQI, has rebranded itself as Bureau Veritas Certification.
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The game's afoot
Chanin is driven to make a name for the Kingdom in the cut and thrust of worldwide cybergame development
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