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Thu, March 1, 2007 : Last updated 14:30 pm (Thai local time)



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TSUNAMI AFTERMATH

Khao Lak stricken by staff, water shortages

'Salary war' raging among area's resorts



INITIAL PUBLIC OFFERING

Rasa reviewing its listing allocation

Property developer may restructure its allotment plan and offer all 20 million shares only to retail investors



PROPERTY

Bt1-billion penthouse bonanza

Harrison has high hopes for upcoming auction of top-floor units in 25 projects



Road map to success

Total quality management through total employee involvement



Tie up your money

Anything you don't need to touch straightaway should be squirrelled away somewhere that will pay over the odds



Former Picnic execs' travel bid rejected

Picnic shareholders Theeratchanon and Supaporn Lapvisuthisin yesterday failed to win approval from the Criminal Court to have their travel bans revoked, although they did win their first-round battle with the Securities and Exchange Commission.



Major sees 'solid profit growth'

Major Cineplex chalked up a net profit of Bt695.18 million last year, a rise of almost 30 per cent over the Bt534.99 million it made in 2005.

ZINC PRODUCER

Flat year for Padaeng

Little change expected in sales, profits but political situation could hit demand

COMPANY REPORTS

CORRECTION

On page 3B of yesterday's newspaper, Rayong Purifier was reported to have posted an 11-per-cent rise in its earnings last year.

STOCK FOCUS

PTT

Kim Eng Securities (Thailand) has maintained its "long-term buy" recommendation on PTT shares, with an estimated fair value of Bt272 apiece.



Thai jewellery market growth set to be slashed in half

Growth in the Thai jewellery market this year is likely to drop by half from the original target, because of the world's economic slow-down and the recent appreciation of the baht, say jewellery exporters.



Policy rate could even drop by 50 basis points

The Monetary Policy Committee (MPC) of the Bank of Thailand is expected to make a further cut to its policy interest rate tomorrow of at least 25 basis points to 4.5 per cent.



ShinSat shrugs off political woes

Shin Satellite says it may swing back to net profit and increase revenue this year, despite problems associated with politics.



Murders damage Thailand's image

The Tourism and Sports Ministry yesterday urged the Tourist Police to catch the murderer of two Russian tourists as soon as possible in order to restore visitor confidence, while the Association of Domestic Travel said the incident had already damaged the sector.

STREET WISE

Has Oscar really lost the plot?

Ah, the Oscars! The champagne, the red carpet, the pecks on the cheek, the exclusive chi-chi parties and of course the stars and paparazzi.



Villagers up in arms over Trang estate

A group opposing a plan to set up an industrial estate in Tong Kai in the southern province of Trang yesterday protested a lack of public participation in the process to select the site.



Q4 economic growth 'to decrease'

Bangkok Bank predicted Thai economic growth in last year's fourth quarter would slow to 4.3 per cent, down from 4.7 per cent in the previous quarter, due to a steady reduction of demand in the private sector. Private investment has declined to its lowest rate since 1999.



Central market mulled for Asean gem trade

The Tak Chamber of Commerce and Tak municipality are jointly pursuing a goal of developing the province's border area with Burma as Asean's central market for gem trading.



Huge oversupply of ethanol

Khon Kaen Alcohol, an ethanol producer, has suspended production, to avoid a risk from the huge oversupply of the chemical.

FOOD SECTOR

Mama sets aggressive sales target

Noodle firm looks for growth of 10%



New-look TOT designed to 'rub out' its old image

TOT plans to reposition itself as Thailand's "national telecom operator" as part of a new strategy to foster its image and improve operations.



Late news :Currency Act goes to Cabinet

Deputy Prime Minister and Finance Minister MR Pridiyathorn Devakula yesterday said his ministry would submit a proposed amendment of the Currency Act to the Cabinet today, allowing greater flexibility for the central bank to manage its portfolio.



Seminars on Tafta benefits

The Australian Trade Com-mission (Austrade) is organising a series of free seminars this year to help Thai importers benefit from lower import tariffs under the Thailand-Australia Free-Trade Agreement (Tafta).



Special rates for medical pros

Bangkok Bank is looking to expand its mortgage-loan business to cover more medical professionals, who will be offered two tiers of discount with a combined value of one percentage point.



Warning over public piglet slaughter

The Commerce Ministry and the Livestock Development Department are to conduct a campaign urging swine-breeders to stop killing piglets in public, a practice which is against the law.



Adding further polish to Thai diving and spa tourism

The Tourism and Sports Ministry is hosting a meeting in Bangkok with representatives of 23 countries, aimed at improving services in the diving and spa industries to meet international standards in hopes of making Thailand the regional hub of diving and spa tourism.



In brief :Thai promotion for Kyushu food

The Bangkok branch of the Japan External Trade Organisation (Jetro) recently held the "Kyushu, Japan Food Promotion 2007" at the Anoma Hotel to promote high-quality food from the island of Kyushu.



New big chip on the block

It took Silicon Craft Technology CEO Manop Thamsirianunt six rounds of experimentation, but his IC chips have gained global recognition






Top Stories



Khao Lak stricken by staff, water shortages

AIS earnings down by 13%

Net loss of Bt174 bn at the BOT

Ministry calls for big cut by BOT

Bank of Thailand now ranks thirdamong Asian peers


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