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Fri, January 19, 2007 : Last updated 20:57 pm (Thai local time)



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Officials defend their capital-control decision

Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula and Bank of Thailand Governor Tarisa Watanagase yesterday strongly defended their decision to impose capital-control measures to halt the rising baht.




NMG aims to reduce costs by 5% this year

The Nation Multimedia Group (NMG) this year will cut its expenses at least 5 per cent as part of the group's strategy to improve its balance sheet, says chairman Thanachai Theera-pattanavong.





New Nissan pickup packs a big punch

Looking for the most powerful pickup in the market? Nissan Thailand has just launched the Navara, which comes with a 2.5-litre diesel engine producing 174 brake horsepower and 403Nm of torque.



Expansion at OfficeMate

OfficeMate will invest Bt150 million this year in a new 7,000-square-metre Bangkok warehouse as part a plan to boost sales of office accessories to Bt900 million by year-end.



Clever décor for condos

White and ivory are the best colours, and moveable furniture is recommended by one design expert



Pattaya upbeat as arrivals surge

Demand for rooms, housing still strong



Price drops at AP's The Address site

Special deals come amid poor fiscal policies



Woman with a foot in two worlds

The South Korean founder of K-TCC is devoted to building closer ties between her home country and Thailand - and eradicating mistrust and misunder-standing along the way

LATE NEWS

Siam Yachiyo to make resin-based fuel tanks for the Toyota Yaris

Yachiyo Industry, the Honda Motor-affiliated parts-maker, said earlier this week it had won an order to produce resin-based fuel tanks from Toyota Motor Thailand.



Phuket show 'to set record'

Phuket's Property Investment Exhibition 2007 is expected to set a record figure of Bt500 million in sales and reservations. The annual expo, staged by Phuket Provincial Land Office and Phuket Real Estate Club from January 12-16, attracted 50,000 visitors.



Knowledge management 'key to maximising potential'

In order to create long-term competitiveness in the globalisation era, companies should learn to create a learning culture to generate know-how and maximise potential. This is known as knowledge management.



Traditional-medicine centre

The Cabinet meeting on Tuesday endorsed a request to draft an exchange agreement needed to support the construction in Phuket of a traditional Thai medical centre with the assistance of the Chinese government.



Fears of bad loans delay NGV switch

Financial institutions' concerns about non-performing loans (NPLs) are the major reason for the delayed extension of Bt5 billion worth of loans to those wanting to modify their truck engines to accommodate natural gas for vehicles (NGV), says a PTT official.



Huawei wins CAT deal

Chinese telecom equipment supplier Huawei Technologies yesterday won a deal to install CAT Telecom's optical-fibre network in the western, central and northern areas of Thailand.



Oce banks on speed for 20% share

Dutch company Oce, a producer of copying and printing machines, is bullish on the market trend in Thailand and plans to supply 20 per cent of the printing houses here with its high-speed digital printing machines to help them cut costs.



Insurers must have workable cash flow

The Commerce Ministry's Insurance Department is to closely monitor the cash flow of all insurance companies - and the licences of those that fail to measure up to the department's requirements will be withdrawn to protect consumers.

IMMIGRATION GOES ONLINE

Hospital's new electronic service

Bangkok International patients may now renew visas via teleconference with officials

IN BRIEF

'Positive' talks with Malaysia's Tenaga

Malaysian power producer Tenaga Nasional expects earnings from electricity exports to Thailand to double to 1 billion ringgit (Bt10.1 billion) if current negotiations bear fruit, reports the Bernama News Agency.



Udom likely to head up TAT domestic

The Tourism Authority of Thailand (TAT) will hold a board meeting today in which Udom Matatamrongsiri, director of its Northeast region, is expected to be selected as its new deputy governor for domestic markets.

TELECOM EXCISE DUTY

ICT Ministry favours zero rate

Sitthichai wants to avoid burdening operators financially; Finance Ministry to float zero, 5% and 10% options



SCB Asset Management sets target of Bt10 bn in private funds by year end

SCB Asset Management will approach 70-80 potential customers, with foundations and educational institutions the priority group, to expand its private funds by at least Bt10 billion this year, senior executive vice president Patcharin Techakehakit said yesterday.



BAY unveils new management structure

Bank of Ayudhya yesterday announced a new management organisation that will make the country's sixth-largest bank a flat organisation.



Mixed results at Kasikornbank

Kasikornbank yesterday announced a net profit of Bt3.43 billion for the fourth quarter, up 11 per cent from Bt3.08 billion in the same period of 2005.

POLICY INTEREST RATE

UBS predicts declining trend

Brokerage says cuts could total 150 basis points this year, paving way for suspension of capital reserve requirement

STREET WISE

Beauty keeps her eye on the Ball

Singha Beer's PR officers yesterday were forced to launch an urgent press conference to deny a report from entertainment tabloid Dara Daily claiming that the company has sacked former Miss Universe Natalie Glebova from her public relations job.



TOT holds out on new numbers, pending court ruling

TOT has yet to integrate millions of new phone numbers of Total Access Communication (DTAC) and True Move into its system, pending a ruling of the Central Administrative Court that is expected today.

MINIMISING FOREX RISKS

Private sector seeks banks' help

Institutions to be asked to encourage export trading in non-US-dollar units






Top Stories



Opposition to Don Muang plan mounts

Market says move is too late to help

Too many wharves, not enough rail lines

Misunderstanding continues unabated

'Don't take a step backwards'


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