SETBACKS FOR INVESTORS
Foreign developers on Samui suspend work
New height restrictions and uncertainty in amended act blamed
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BankThai takes on new foreign investors
BankThai has two more new foreign shareholders, Blum Strategic Partners and the Marathon Special Opportunity Master Fund, both of which were introduced by new strategic investor TPG Newbridge.
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Yarnapund execs manipulated stock
The Securities and Exchange Commission (SEC) has fined two former executives of Yarnapund for stock manipulation and failure to report a shareholding change, according to a statement released yesterday by the securities watchdog.
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Capital still flowing into local bourse
Net inflows of Bt7 billion have flooded into Thai equities since the unremunerated reserve requirement was introduced by the Bank of Thailand on December 19. Meanwhile, the baht is hovering at a normal pace.
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Company reports
BANK OF AYUDHYA announced it had increased its shareholding in subsidiary Ayudhya Development Leasing from 77.27 per cent of the company's paid-up capital to 90 per cent.
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STOCK FOCUS
Bumrungrad Hospital
Tisco Securities has downgraded its recommendation on Bumrungrad Hospital shares from "buy" to "hold", with a 12-month target price of Bt42 apiece.
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Seafood exporter Sea Horse told to clarify stock sale, acquisition
The Stock Exchange of Thailand (SET) has instructed seafood exporter Sea Horse to explain a number of issues regarding the recent sale by its major shareholder of a significant stake in the company and the company's acquisition of ethanol producer Boon Anake.
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Internet TV operator planning for free trial
TT&T is preparing to trial its IPTV service in just a few months.
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Parker Hannifin targets 30% growth in sales
Parker Hannifin Thailand (PHT) aims to increase sales of its motion-control components and systems by 30 per cent on the strength of franchising its flagship Parker Store.
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Late news :THAI to add 20 flights for Songkran
Thai Airways International (THAI) announced it would add 20 special flights on domestic routes to Chiang Mai and Phuket from Suvarnabhumi and Don Muang airports, numbering 5,200 seats, in order to serve passengers travelling during the Songkran holiday.
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Recycling a 'social responsibility'
Philips Electronics (Thailand) yesterday launched what it calls its "Philips End of Life" programme, providing disposal and recycling services for used fluorescent lamps and offering "green lighting" products to business and factory owners as replacements.
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LAND DISPUTE
Central ready to fight over lease renewal
Group says it has honoured contract with SRT
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Q1 RESULTS OF TOP 7 BANKS
Combined net to hit Bt20 bn
Lower provision reverses losses recorded in previous quarter
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Independent power bidding may be delayed
Bidding by companies wishing to become independent power producers may be delayed from this month, because the National Energy Policy Council (NEPC) has yet to approve a ratio for sharing the provision of additional electricity between the Electricity Generating Authority of Thailand (Egat) and private producers.
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Korean pop idol takes stage for Songkran
South Korean pop star Kim Jeong-hoon, accompanied by 10 media representatives, will join this year's Songkran festival at the invitation of the Tourism Authority of Thailand (TAT).
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Study sees slump in export growth
Thailand's exports will grow only 9.64 per cent to US$142.47 billion (Bt4.97 trillion) this year, lower than the Commerce Ministry's target of 12.5 per cent, says the University of the Thai Chamber of Commerce.
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Imperial Leather cleaning up its act
A drop in market share has reminded PZ Cussons, the manufacturer and distributor of Imperial Leather soap, that it cannot focus solely on production quality while neglecting brand awareness.
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STREET WISE
Superheroes unmasked as outlaws
Local fans of superheroes who visited the Isuzu All Star Hero Festival 2007 last weekend were surprised by the disappearance of three major new Ultramans who had been installed at the Chaiyo Productions camp since the early days of the event.
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Tesco Lotus denies plan for 3,500 Lotus Express shops
Tesco Lotus denied claims that have appeared in the media regarding the "aggressive expansion" of its mini-format Lotus Express outlets to avoid limitations that might occur with the implementation of the new Retail Business Act, which will reach the Cabinet for consideration in the next couple of weeks.
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In brief :Bumrungrad targets tourists
Bumrungrad International Hospital, Thailand's premier private medical centre, has formed an alliance with Blue Cross Blue Shield of South Carolina to promote medical tourism to its 1.3 million members.
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It's Segway time
The upright EVs have been here in limited numbers since 2004, but the local distributor believes they will catch on as Thais become more environmentally aware - and the price falls
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