EARNINGS REPORT
PTT Chemical hit by plant shutdowns
Profit likely to fall almost 40 per cent
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Late news :Group snaps up stake in EMC
EMC has a new group of investors - including property developer Chanachai Leenabanchong and Chayut Leeissaranukul - which now controls a 20-per-cent stake in the property and construction firm.
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Japanese firms decry Asian operating costs
Japanese manufacturers in Asia have voiced concern over increasing operating costs, chiefly boosted by wage increases in many major cities, reports a survey by the Japan External Trade Organisation (Jetro).
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Rayong gas plant wins top award
The Rayong Gas Separation Plant (GSP), a company under the PTT umbrella, has been given Thailand's highest corporate award for best practices: the 2006 Thailand Quality Award (TQA).
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Slight AIS profit rise seen
Cellular operator Advanced Info Service is expected to post only slight quarterly net profit growth for the first three months of the year, according to brokerage houses.
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Ethanol producers call for govt to solve oversupply crisis
The Thai Ethanol Manufacturers Association is urging the government to swiftly end sales of 95-octane petrol to lessen an oversupply of ethanol that could drive producers of the alternative fuel out of business.
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Nova Trenda ready to turn on the tap
Nova Trenda, an importer and distributor of sanitaryware and bathroom equipment, has increased its marketing budget this year after adding two new brands for the middle market to its current range of products.
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Trade surplus hits new high
Thailand's trade surplus rose to a record high in March on the back of increased exports and slumping domestic confidence. Manufacturing grew slower during the month, reflecting lower domestic demand.
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VISA/PATA TRAVEL SURVEY
Thailand tops new poll
Kingdom once again No-1 destination despite recent negative news reports
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Ajiya begins expansion in Thailand
Malaysia remains an important country for Ajiya Bhd, a major integrated building-system provider, although it is considering expanding its operations into Indonesia, Thailand and Vietnam.
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In brief :Electrolux to spend Bt631 million on expanding Rayong capacity
The Board of Investment has approved tax incentives for Electrolux Thailand to expand its production capacity at Rayong Industrial Land.
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LDD plans online makeover
The Land Development Department (LDD) is planning to turn itself into an electronic office to increase the efficiency of its services.
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Motorola steps up drive for WiMax
US telecom giant Motorola is in talks with Thai telecom operators and Internet service providers (ISPs) to explore the possibility of trying out the wireless broadband technology WiMax, or Worldwide Interoperability for Microwave Access, in Thailand.
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Pornprapha family invests in 2 courses
The Pornprapha family has invested Bt735 million in the upgrade of its 18-year-old Siam Country Club golf course in Pattaya and the development of a new 27-hole complex called Siam Country Club Pattaya Plantation.
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Ital-Thai moves into low-cost housing
Thailand's leading construction firm Italian-Thai Development (ITD) is aiming for a large share of the low-cost housing market by launching pre-sales of 30,000 housing units worth Bt15 billion in August.
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STREET WISE
A clever case of golf diplomacy?
It was a stark contrast: Prime Minister Surayud Chulanont's plan to expand the Cabinet has received less public attention than the sensational news about former PM Thaksin Shinawatra.
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SET 'privatised by 2010'
Stock Exchange of Thailand chairman Vijit Supinit expects the bourse to be privatised by 2010. It is currently studying the move, he said yesterday.
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GHB remains upbeat despite poor numbers
Government Housing Bank (GHB) data show its net profit fell and non-performing loans rose in the first quarter, but the bank still vows to promote more attractive loans to its clients.
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Company reports
CENTRAL PATTANA declared a 2006 dividend of Bt0.31 per share for stakeholders whose names are in the share register on May 9. Payment will be made on May 25.
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STOCK FOCUS
Bank of Ayudhya
Phatra Securities has a "buy" rating on Bank of Ayudhya's stock, with a price objective of Bt22.50 per share.
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