Adventure traveller
Globe-trotter Kitti Nilthanom drives his clients to destinations that are well off the beaten track, and getting there is half the fun
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Costlier Valentine's
Consumer spending on Valentine's Day is expected to jump 8.72 per cent to Bt1.87 billion, from Bt1.72 billion last year, due mainly to rising gift prices and more travel destinations, a business poll conducted by the University of the Thai Chamber of Commerce showed yesterday.
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MASS-TRANSIT EXPANSION
BMCL is off to a flyer
Subway operator in talks to buy 20 carriages as Cabinet backs new routes
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IRPC's oil-refining capacity to be upped
IRPC, the major integrated petrochemical firm, is studying a plan to invest about US$400 million (Bt14.32 billion) in boosting its oil-refining capacity, to help meet expected domestic demand in three years' time.
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STREET WISE
The trouble with kids of today!
To parents, their children are always little kids. Though the kids are grown-up, they are subject to complaints regardless of age or social position. This happens in all families, including that of Charoen Pokphand Group chairman Dhanin Chearavanont.
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IN BRIEF
Luxury villas on offer in Phuket
The Waterscape Group yesterday introduced its newest project, Andarina at Khor-En, located in Mai Khao in Thalang district of Phuket and costing Bt200 million.
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Aggressive year ahead for roofing and wall manufacturer Mahaphant
The Mahaphant Group, manufacturer of Ha-Huang roofing tiles and Shera non-asbestos fibre-cement products, yesterday kicked off the first of its marketing campaigns this year with the aim of reinforcing its position as a key player in Thailand's roofing and walling industry.
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Oishi spends Bt600m to launch mall, market
Restaurant and green-tea company the Oishi Group has expanded into the retail business by spending Bt600 million on a shopping mall and weekend market in Lop Buri town.
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Exporters of water heaters face stiffer competition
Thailand's water-heater exports should witness a drop in value this year compared with last year, due to the global economic slow-down, particularly in importing countries, reports the Kasikorn Research Centre.
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OIL AND GAS INDUSTRY
PTTEP to issue Bt50-bn debentures
Amount needed for refinancing and investment; annual sales growth of 9% targeted through 2011
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Siam Piwat preparing to embark upon new mall project
Siam Piwat, operator of Siam Centre and Siam Discovery Centre, expects to be ready to start a new shopping-centre project by the end of the year.
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Better tangerine packaging
PP Food Supply plans to reap rich dividends from its latest harvest of high-quality honey tangerines, with a marketing campaign aimed at tapping demand during the Chinese New Year festival in both the domestic and export markets.
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Sports World is expecting a better year
Active Nation, operator of Sports World outlets, expects its total revenues this year to reach Bt1.5 billion, up from Bt1.2 billion last year, after opening three new shops.
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LATE NEWS
Retail law to go to Cabinet soon
The Commerce Ministry yesterday announced that it had finalised the draft of the long-awaited retail business law and would soon propose the legislationto the Cabinet for approval.
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Experts urge better communication on Thai-Japan FTA
A Thai Chamber of Commerce representative has urged the government to communicate better with the public over the prospective Thai-Japanese free-trade agreement (FTA), to prevent a possible public misunderstanding over the issue.
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Nation Group: the Real Thing
What precisely is a "news station"? Or more simply: what's a "news programme"? With the mushrooming of TV "news talks" that basically involve reading yesterday's news to a TV audience, the Nation Multimedia Group has decided that the trend has gone as far as it should.
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DVD SALES
Tsutaya hits out against film piracy
Chief executive says that illegal copies are hurting industry
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Company reports
CH KARNCHANG's board approved a restructuring of its affiliated company, Pathum Thani Water, by decreasing its registered capital by Bt1.55 billion from Bt2.75 billion. The remaining registered capital of Bt1.2 billion is divided into 12 million ordinary shares.
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ETF consortium to be named soon
The Stock Exchange of Thailand plans to name the consortium to operate an equity exchange-traded fund (ETF) within the next two weeks after receiving five proposals last December.
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Foreign cash still in Thai debt market
Foreign investors are still parking their money in the Thai debt market despite the central bank's 30-per-cent withholding measure, expecting profits of about 10 per cent from capital gains this year with interest rates on a downward trend.
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STOCK FOCUS
Bangkok Aviation Fuel Services
Kim Eng Securities (Thailand) has maintained its "accumulate" rating on Bangkok Aviation Fuel Services (BAFS), with a fair-value estimate of Bt10.90.
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EXCHANGE RATE
Reservations over level of baht
A group of exporter representatives told the Bank of Thailand (BOT) that the current level of the baht was "acceptable" but said later they would prefer a rate of Bt37 to the US dollar to bolster export growth.
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MFC Asset calls for easing of 30% rule
MFC Asset Management is to ask the Bank of Thailand to relax its 30-per-cent reserve requirement for three private equity funds.
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SHARE TRADING
Asco issues new code for credit lines
New guidelines aimed at standardising brokerages' decisions
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