Cut in tin royalties mulled
The Primary Industries and Mines Department is proposing slashing the royalty for tin-mining concessions to 5-6 per cent of annual revenues, from a maximum of 20 per cent now, saying this will spur more investment.
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Croatia Airlines switches IT system
Star Alliance member Croatia Airlines has decided to replace its information-technology (IT) system with Star Alliance's next-generation platform for customer-management systems.
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In brief :Russia waives visas for Thais
The Foreign Trade Department yesterday suggested that Thai traders, exporters and even tourists planning to visit Russia take along a copy of a Russian government announcement waiving visas for all Thais to ensure a smooth immigration process.
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I'nesia rubber industry on rise
Indonesia's rubber production is likely to increase 9.7 per cent this year to 2.6 million tonnes, from 2.37 million tonnes last year, says the Indonesian Rubber Research Institute.
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Energy Ministry puts 65 oil fields up for auction
The Energy Ministry is putting 65 petroleum exploration fields up for auction in May - 56 onshore and nine offshore - with confidence that the auction will draw a good number of bidders in light of rising oil prices.
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PWO seeks wider role, new name
Having operated as the Commerce Ministry's marketing arm for more than half a century, the Public Warehouse Organisation (PWO) is considering changing its name to the Agricultural Products Optimisation Administration, to reflect its actual role as the government's agricultural goods trader.
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IRPC to take bond-issue road show abroad
IRPC - formerly known as Thai Petrochemical Industry - will hold an international road show for its upcoming bond issue worth US$300 million to $400 million (Bt10.43 billion to Bt13.9 billion) aimed at refinancing debts that come due in September.
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Price of white rice looks set to drop
Local white rice looks set to become slightly cheaper over the next three months after 25 rice traders yesterday came up with a lower price for the first bidding of government rice on the Agricultural Futures Exchange of Thailand (Afet).
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TMB rights issue waits on S'pore deal
TMB Bank plans to defer its planned rights issue by one month to July, as its largest shareholder is in talks with DBS Group to allow the Singaporean financial-services group to increase its stake in the Thai bank, a TMB executive said yesterday.
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Kosit banks on unused Bt100 bn
Deputy Prime Minister Kosit Panpiemras is sticking by forecasts that gross domestic product will expand more than 4 per cent this year, despite the University of the Thai Chamber of Commerce's recent announcement that it had cut its growth forecast to less than 4 per cent.
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Kasikornbank leads way in year-on-year profit performance
All large banks with the exception of Kasikornbank have reported lower first-quarter earnings than a year ago.
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Late news :SCG Paper easy on the memory
Siam Pulp & Paper has been renamed SCG Paper as part of Siam Cement Group's rebranding.
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