Personal mission
Canadian businessman Peter J van Haren, who came to the Kingdom 16 years ago and chose not to return home, is determined to benefit Thai society
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Everything points to a rate cut
The money market has high expectations that the Monetary Policy Committee (MPC) will cut its policy interest rate in next week's meeting as the repurchase interest rate and government bond yields have been in continuous decline.
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Foreign buyers boost SET Index
Foreign net buying boosted the main Stock Exchange of Thailand (SET) index by one per cent yesterday on the back of a positive psychological impact from the Finance Ministry's announcement of a economic stimulus policy, as well as a rally on foreign stock markets.
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State firms must hasten spending
The Finance Ministry has ordered state enterprises to accelerate their spending after they disbursed only 14 per cent of their full-year target over the first five months of the current fiscal year, which started last October.
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SCIB targets BAY's mid-size lead
Siam City Bank (SCIB) plans to replace rival Bank of Ayudhya (BAY) as leader of Thailand's mid-sized banks, says SCIB's newly appointed president and CEO, Chaiwat Uthaiwan.
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STREET WISE
Linkage and money power
"Money's not everything, it's the only thing." This adage is as universal as ever, particularly when we observe what's going on in Thai society. In Thai, there is a saying that money can pave the way for anything.
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Serm Suk spends big on 'Attractive' bottled-water campaign
Serm Suk is steaming up the Bt15-billion bottled-water market through a Bt20-million marketing campaign aimed at boosting sales of its Crystal brand by 30 per cent this year.
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EGV Kids Cinema a first for Kingdom
EGV in collaboration with Vitamilk Champ will open EGV Kids Cinema, the Kingdom's first-ever cinema to screen only films that are suitable for viewing by children.
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Electrolux invests Bt600m in Rayong factory
Electrolux is spending Bt600 million to double the annual capacity of its Rayong plant to 300,000 front-loaded washing machines by the fourth quarter.
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Egat seals deal for Laos plant
The Electricity Generating Authority of Thailand (Egat) will sign a memorandum of understanding next Monday with Ja-panese electricity generator Kansai, the Lao government and Rojana Industrial Park for a joint investment in a hydropower plant in Laos.
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Bilateral focus to Indian FTA talks
The Asean Economic Ministers meeting in July will make a final decision on whether the Asean-India free trade agreement (FTA) will collapse after four years of negotiations that have made little progress, a senior trade official said yesterday.
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LATE NEWS
Bid to tackle software piracy
The Business Software Alliance (BSA) announced yesterday that Thai Software Enterprise would join the fight against software piracy.
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Struggling property market considered salvageable
Demand in the softening property market will be stimulated if the government goes ahead with a series of proposed economic stimulus measures, says Suphin Mechuchep, managing director of real-estate firm Jones Lang LaSalle.
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Bangkok Airways cuts fares
Bangkok Airways has slashed fares 40 per cent for the low season.
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Thai firms honoured for improving relations with China
Cathay Pacific Airways has recognised two Thai companies for their contribution to business relations between Thailand and China in Asia's first Wing Awards.
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Tsuburaya Production wins Ultraman case
The Intellectual Property Court has ruled in favour of Japan's Tsuburaya Production by ordering Sompote Saengduenchai and his two companies, Tsuburaya Chaiyo and Chaiyo Productions, to stop making a commercial profit from new Ultraman characters.
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TELECOMMUNICATIONS
Meeting to consider NTC-NBC merger
Four ministers will convene next Monday to discuss a plan to merge the national telecom and broadcasting regulators.
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Deficit of as much as Bt200 bn foreseen
The Kasikorn Research Centre (KResearch) predicts the budget for this fiscal year will show a deficit of Bt170 billion to Bt200 billion, because of the economic slow-down and the possibility that the government will apply fiscal policy to boost the economy.
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Leasing plan for 3G backed
Total Access Communication (DTAC) has voiced its support for TOT's plan to become the sole wholesale provider of the third-generation (3G) broadband wireless network, because it would save on investment costs for the country.
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TELECOM DISPUTE
DTAC withdraws TOT lawsuit
Bt100m claim stopped after mobile-phone deal is struck
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