New chief's vision for Nectec
Pansak Siriruchatapong, who has been at the agency for 13 years, is a tireless technologist who wants to keep Thailand one step ahead
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STREET WISE
Fishing trips land whoppers
Now the plan to move domestic flights to Don Muang faces another delay, as the Transport Ministry has pulled out of the proposal at the last minute.
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MBK plans Bt5-bn project in Pattaya
MBK, operator of MBK Centre, will invest Bt5 billion to develop a new retail and real-estate complex in Pattaya on land where the 20-year-old Montien Hotel now stands.
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Isuzu promotes trailblazer
Appointed the first female board member of Tri Petch Isuzu Sales five years ago, Panatda Chennavasin has become the first female to take the company's vice-president post, effective February 1.
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MFC to launch Bt4-bn fund
MFC Asset Management will launch a Bt4-billion energy fund that will invest in 20 non-listed energy companies.
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IN BRIEF
Property
Luxury condominium in Hua Hin offers investment chance for Thais
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Thailand loses out on Unilever production
Unilever Australasia will expand its Tatura manufacturing operation in Victoria to incorporate dry foods, ending hopes it would transfer production to Thailand.
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RETAIL
Mall Group still upbeat
Forecasts 8% sales growth despite slowing economy
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Board cuts the price of ethanol
The National Energy Policy Board yesterday approved an ethanol pricing formula based on Brazil's level.
Taking immediate effect, the formula effectively lowers the price to Bt19.33 per litre, compared with the Bt25.30 price quoted in the latest ethanol purchase agreement. The price will be adjusted quarterly.
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LATE NEWS
ICT revamp
The Information and Communications Technology (ICT) Ministry will set up three new departments soon.
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Loxley sets modest sales target for 2007
Loxley's wholesale handset-distribution unit targets sales growth of 3.5 per cent this year, inching up from about 3 per cent last year.
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Ministry seeks Bt500m fund
The Commerce Ministry will soon propose that the Cabinet approve an initial budget of Bt500 million to set up an adjustment fund to assist sectors that would suffer from the implementation of free-trade agreements (FTAs).
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Govt urged to consider GMO
Experts advise the Thai government to accept more biotech crops, or else the Kingdom's competitiveness in the farm sector will drop 5 per cent each year.
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King Power has 'more space than was allotted to it'
An official investigating alleged contract violations by King Power has urged General Saprang Kalayanamitra to act against the duty-free operator.
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Smart phone from Synnex
Firm aims at 10% share of amrket within two years
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TELECOM DISPUTE
ICT Ministry will request tax probe
Goal is to determine whether operators are passing on charges to their customers
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Company reports
DAIDOMON GROUP posted an unreviewed 2006 second-quarter net loss of Bt49.77 million, compared with a Bt23.12-million loss in the same period the year before.
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STOCK FOCUS
Samart Telcoms
Capital Nomura Securities has reiterated its "buy" rating on Samart Telcoms shares, with a fair-value estimate of Bt12.06 apiece.
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Indorama to boost local investment
Indorama Polymers (IRP) has unveiled plans for further investment in Thailand to retain its premier position.
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TMB Asset's Gold Fund to rise 10%
TMB Asset Management (TMBAM) has forecast that the net asset value (NAV) of its TMB Gold Fund will rise by about 10 per cent this year, according to the assistant to the director of the firm's Investment Department, Kampol Jantavibool.
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Thai Nguan to press ahead with IPO despite gloom
Thai Nguan Metal is pressing ahead with its plan to list on the stock market in the first quarter, despite weakening market sentiment.
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Bid to cut tax on natural gas auto parts
The Finance Ministry will propose that the Cabinet cut tariff rates on auto parts and engines powered by natural gas for vehicles (NGV), says ministry spokesman Somchai Sujjapongse.
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NEW ACCOUNTING STANDARD
GSB setting the pace for compliance
First state-owned bank to meet international requirements
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