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Fri, March 16, 2007 : Last updated 20:32 pm (Thai local time)



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DSI awaits Lehman Brothers' explanation regarding asset auction

The Department of Special Investigation (DSI) said it might not take legal action against Lehman Brothers on charges of tax evasion if the accused could give a sound explanation regarding the auction of the assets of 56 defunct companies.




BoI mulls steps to make country a green leader

The Industry Ministry will focus on developing Thailand to be a global hub of environmentally friendly cars and auto parts in the future, says Deputy Ministry Piyabutr Cholvijarn.





ShinSat to test WiMax on spectrum

The national telecom regulator has approved a trial of WiMax wireless broadband technology by Shin Satellite (ShinSat), to see whether WiMax transmissions jams its satellite signals.



Mix & match themne hits a home run

Furniture fair sees blend of natural and synthetic materials, while style takes a back seat to functionality



Punting on new transit links

Players shift to outer suburbs



Superior units from AP at Sukhumvit 42

New project offers 214 freehold units near highly congested site



Ill-gotten gains in attractive places lead to successful export trade

Kings' Collection is one of Thailand's leading small- and medium-sized enterprises (SMEs), having had surprising success in exporting its stylish tourist souvenirs to markets that are barely heard of in conventional export trading.



The complex struggle to reduce logistics costs

Atchaka Sibunruang Brimble wants to see these costs cut to 13 per cent of the Kingdom's GDP within the next three years



Keeping them smiling

Proctor and Gamble's Medhee Jarumaneeroj believes employee happiness is a winning strategy



Egat awards Bt17-billion contract for new plant

The Electricity Generating Authority of Thailand yesterday awarded a Bt17-billion contract to Sumitomo, Hitachi and Italian-Thai Development to construct and equip the North Bangkok natural gas-fired power plant. Egat governor Kraisri Karnasuta said the Cabinet approved the project in December to help meet the growing power demand in the Central region.

LATE NEWS

Bridgestone wins BoI privileges

The Board of Investment yesterday granted investment incentives to Thai Bridgestone's tyre research and development and tyre quality testing project worth Bt1.170 billion in Saraburi and Ayutthaya provinces.



Eyelink sees golden future in retail

Eyelink, a Boonchai Group importer and distributor of international optical brands for optical retailers, has increased incentives for its dealers to stimulate sales volume amid concern about the negative economic situation and reduced consumer spending.



Kitchen to the World forced to diet

The Commerce Ministry yesterday revamped its "Kitchen to the World" project after four years.



Amended tourism endorsed

The Professional Tourist Guide Association (PTGA) yesterday urged the Tourism Ministry to push harder for passage of the amended Tourism and Tourist Guide Act this year.



Mall Group in the game

The Mall Group, operator of The Mall, Siam Paragon, The Emporium and Sports Mall outlets, has adjusted its marketing strategy to stage activities and product displays according to national and global sporting events, the government's health policies and consumer trends.

GARMENTS

Export aid sees brand potential

Joint project aims to give Thai street fashion more room on the global stage



Govt urged to crack down on music piracy

The music-piracy situation in Asia, particularly in Thailand, has become a serious criminal activity, says the International Federation of the Photographic Industry (IFPI).



Singha declares draft law unfair

The feud between Thailand's two largest beverage companies was refuelled yesterday, when Santi Bhirombhakdi, executive director of Singha Corp, declared that the draft Alcohol Act was "unfair to consumers".



Solar pioneer faces cloudy year

Solartron is struggling to maintain its sales at last year's level, following the government's decision to delay the third phase of a solar-energy programme for housing.

IN BRIEF

Ban on weapons trade with N Korea

The Commerce Ministry announced it had forbidden Thai exporters to export or import any weapons to or from North Korea, effective March 1.



BASF opens Bt200m plant

German chemical giant BASF has opened a polyurethane system house here for its industrial clients, including those in the automotive, appliance and construction sectors.

DIGITAL CAMERAS

Samsung aims for global lead

Launches aggressive move for Thai market



IT firm has private solution

MFEC plans to focus on the private sector market to ramp up sales of its information technology services by 20-25 per cent this year.



Developer forecasts revenues to rise 35%

LPN Development expects revenue this year to rise 35 per cent over last year to Bt6.8 billion.



KTB Leasing aims to diversify its client base

To diversify its customer base and reduce risk, KTB Leasing will expand its leasing products beyond individuals seeking car loans to niche markets, particularly in the manufacturing sector, KTB president Phinyavat Chantrakantanond said.



Metal firm makes brassy sales forecast

Despite the lingering political uncertainty and concerns over the economic slow-down, Porn Prom Metal expects its sales revenue to grow at least 10 per cent this year to Bt3 billion, says managing director Chamnarn Pornpilailuck.

INSURANCE

Thanasin selecting new CEO

Firm says it will settle claims after new executives appointed

STREET WISE

Water festival may clear haze

Finally, we have a solution to chase away the haze that is choking the sky in Chiang Mai. No, we're not talking about the plan to close down open-air barbecue restaurants.

SUVARNABHUMI

Rise in landing fees 'too soon'

Airports of Thailand (AOT) should fix the problems at Suvarnabhumi Airport before it raises landing fees there, an airline executive said yesterday.

BAHT JITTERS

Rise in line with other units: BOT

Central bank dismisses speculation talk






Top Stories



THAI set to sell four aircraft

Rise in line with other units: BOT

Govt urged to consider an amnesty

Anand cuts his cloth and turns to property

Budget carriers set to up seat capacity 230%


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