BANKING SECTOR

SCIB's bad loans shoot up by 32%

NPLs overall fall to 4.5% at end of 2006 as a result of new calculation
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Steps urged to solve major tourism problems

Travel operators want the Tourism Council of Thailand (TCT) to solve four major problems, in order to boost the number of domestic and foreign tourists.
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'We'll act if airlines are foreign-controlled'

The Civil Aviation Department is waiting for the Commerce Ministry to clarify the ownership of Thai AirAsia and Thai Sky Airlines and says it is prepared to act if they are found to be foreign-controlled.
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LATE NEWS

Club president

It is widely expected that Krung Thai Bank president Apisak Tantivorawong will be named as the new chairman of the Thai Bankers' Association, replacing Siam Commercial Bank president and CEO Jada Wattanasiritham.
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Ministry to clear out 3m-tonne rice stockpile

The Commerce Ministry will soon open bidding for 3 million tonnes of white and jasmine rice, to help clear out its huge stockpile.
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Dubai-based firm launches interior-decoration investments

Depa Interior, a subsidiary of Dubai's Depa United Group, is negotiating to buy majority stakes in a furniture company and other interior-decoration firms in Thailand after successfully acquiring a 20-per-cent stake in Thailand Carpet Manufacturing.
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Bioplastics 'the way forward for industry'

The Thai plastics industry is at a crossroads today and there is an urgent need to explore the potential of bioplastics, a panel of experts said yesterday.
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ALTERNATIVE ENERGY

Palm-oil farmers face Bt400m loss

Delay in project to promote plantations will hit seedlings' quality, warns Naret
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STREET WISE

Thai soft power wins out again

Formal or informal? This is now the big question that corporate PR teams and professional PR firms are asking themselves when they host press conferences.
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SME performance could pull down Kingdom's GDP: study

The latest growth index reveals that Thailand's small and medium-sized enterprises (SMEs) are in a critical state and could pull down the country's gross domestic product (GDP) as a whole, a study warned yesterday.
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Company reports

ADVANCED INFO SERVICE said it had appointed Koh Kah Sek, the representative director of SingTel Strategic Investments, to replace Hui Weng Cheong, who resigned from the position. The appointment is effective from this past Monday.
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Association to improve its services

The Listed Companies Association (LCA) this year plans to play a more central role in providing information and updating standards for members.
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'Contactless' credit on the way

Visa International Thailand plans to launch a "contactless" credit card in Thailand by the fourth quarter, country manager Somboon Krobteeranon said yesterday.
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New bidding method proposed for rice auctions

The Agricultural Futures Trading Commission of Thailand is proposing a new rice auction method, in which the bidding would be linked to the price of the 5-per-cent white rice contract quoted at the Agricultural Futures Exchange of Thailand.
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STOCK FOCUS

Advanced Info Service

Phatra Securities maintains its "sell" recommendation for Advanced Info Service stock.
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FOREIGN-OWNERSHIP LIMIT

NVDRs can't be used to skirt law

Stock Exchange of Thailand president Patareeya Benjapholchai confirmed yesterday that foreigners would be unable to use non-voting depository receipts (NVDRs) as an instrument to avoid compliance with the amended Foreign Business Act once the government's draft becomes law.
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IN BRIEF

JTEPA hearing results for NLA

The Cabinet yesterday order-ed the Foreign Ministry to pass the results of a public hearing into the proposed Japan-Thailand Economic Partnership Agreement (JTEPA) to the National Legislative Assembly for consideration.
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Housing inventories up 10%, leading to oversupply

The inventories of property companies increased by 10 per cent from 84,058 units in the middle of last year to 92,462 units at year-end due to a sharp drop in housing demand in the final quarter, according to research by property consultant Agency for Real Estate Affairs (AREA).
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Union wants Montree back as TOT chairman

TOT's labour union has pleaded for Montree Supaporn to return to his chairman's post after resigning last week.
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BNH HOSPITAL

Moving into the community

Bangkok Dusit unit opening five clinics in capital to get closer to target groups
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On the right track

Go-karting put Formula One stars like Schumacher on the path to glory. Now an entrepreneur is inviting Thai speedsters to get in gear at Bangkok's RCA Plaza
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