Pin wins extradition case in UK
Pin Chakkapak, a former prominent financier accused of embezzlement, will not be extradited by the British government to face legal action in Thailand over a Bt2.1-billion fraud charge, the Bank of Thailand confirmed yesterday.
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LATE NEWS
Award for LG
LG Electronics' LG-KU250 handset, featuring chipset technology from Qualcomm, recently won the GSM Association's handset-design competition for its "3G for All" campaign.
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Campaign aimed at saving energy
The Energy Conservation Promotion Fund has set aside a budget of Bt3.347 billion this year to fund an alternative-fuel development and energy-saving campaign, in response to the upward trend in global energy prices.
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Theera denies family benefit
Theera Haocharoen yesterday denied that someone in his family would benefit from the renewal of State Railway of Thailand's ground lease to mall developer Central Pattana, saying that he was ready to give up his Cabinet portfolio if that turned out to be true.
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CONSUMER GOODS
Manufacturers told price freeze will continue
No change with end of martial law
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BECL ups the ante
Bangkok Expressway (BECL) will put pressure on the Expressway and Rapid Transit Authority of Thailand to buy back the concession operated by its subsidiary NECL at book value if it is not given consent for its merger with NECL.
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Shoemaker sees sandals back in fashion
Seeing the recovery of a fashion trend for sandals, shoe manufacturer and importer SSL Healthcare (Thailand) will give its Scholl sandals a more fashionable look through trendy designs and 80 new models this year, compared to 60 last year.
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THAI MOBILE
TOT board agrees to buy CAT stake
Bt2.4 billion to be paid over five years
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IN BRIEF
BFM Innovex lands US deal
US-based Planar Systems, a provider of display hardware and software for speciality display markets, will penetrate the Thai home-theatre market by appointing BFM Innovex as the exclusive distributor of the Planar Xscreen and Planar Home Theatre Projectors.
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AVIATION SECTOR
Greater leadership role urged on Asia
IATA calls on regional carriers to play a bigger part in industry's development in terms of technology, policy and environment
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Salween dam construction begins
Burma and Thailand have begun building a controversial hydropower dam on the Salween River, the as yet longest undammed waterway in Southeast Asia, official media reported yesterday.
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Rayong Purifier bids to double Map Ta Phut refining capacity
Rayong Purifier has moved on with its plan to increase its Map Ta Phut refinery's capacity despite concerns that its environmental-protection measures are not up to standard.
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Reserves hit high; BOT happy with stable baht
Thailand's foreign reserves as of March 30 reached a record high of US$70.9 billion (Bt2.4 trillion), and the central bank is satisfied with the stabilisation of the baht along with foreign capital flowing into the stock market over the past week.
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SCB ready to take on the global challenge
Siam Commercial Bank is gearing up for business expansion to cope with greater competition by giant global banks.
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Tipco Asphalt profit hit by Malaysian refinery delay
Tipco Asphalt's chances of boosting its profit margin in the second half of the year have been reduced by the delayed operations of its 50 per cent-owned refinery in Malaysia, according to Ayudhya Securities (AYS).
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ALTERNATIVE ENERGY
Sea Horse clears path for takeover
Share sale sets up Boon Anake acquisition
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Thailand, Singapore ink e-bond pact
Yesterday's agreement between Thailand and Singapore to develop electronic bond-platform linkage was the most tangible bilateral deal to emerge from this week's meeting of Asean Finance Ministers.
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Indorama eyes foreign acquisitions
Indorama Polymers is intent on expanding by acquisitions and organic growth in the United States, Europe and Asia in a bid to join the ranks of the world's top three PET polymer manufacturers by 2009.
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Bid to withdraw draft alcohol law from NLA's remit
Operators in alcohol and related industries are asking the government to withdraw the proposed alcohol control law from the National Legislative Assembly (NLA).
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THAI ECONOMY
World Bank cuts growth prediction
Cites poor investment climate in Kingdom
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