UTCC suggests rate cut of 50 basis points
The Economic and Business Forecasting Centre of the University of the Thai Chamber of Commerce has suggested the government cut interest rates by half a percentage point, to regain consumer confidence after it plunged again last month.
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URBAN LIVING
Sansiri to erect sleek tower near Thonglor
Siri project to house 460 apartments in one of the more secluded spots along Sukhumvit
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Bad tactics can ruin sales
Once visitors enter the door, chances of landing a sale are high, but rudeness can spoil everything
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Dedicated to security
Karn Thongyai entered the security service business out of fear. He is now ready to prove his commitment to greater safety at Suvarnabhumi Airport
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LATE NEWS
Insider trading: SEC to look at foreign laws
The Securities and Exchange Commission (SEC) will study other nations' insider-trading laws and revise Thailand's version accordingly, following criticism over the ineffectiveness of Thai law in punishing Yingluck Shinawatra over her alleged misuse of inside information.
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Hoyu keen on Thailand, China
Despite the economic slow-down, Japan-based Hoyu has chosen Thailand as one of its priority markets for its Bigen hair-colouring brand this year.
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CELLULAR ROW
Samart cuts services to Thai Mobile
Cites non-payment of Bt850m in fees
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IN BRIEF
Strong tourism growth predicted
Eighteen Asia-Pacific destinations are expected to receive more than US$110 billion (Bt3.8 trillion) in additional tourism revenue over the next three years, according to a "Asia Pacific Tourism Forecasts 2007-2009" report just released by the Pacific Asia Tourism Association (PATA).
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Dopod assets to be sold
High Tech Computer Corp, a leading provider of Microsoft Windows Mobile-based smart devices, has signed an agreement with Dopod International to purchase the assets of nine Dopod subsidiaries, including the one in Thailand.
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NATIONAL CARRIER
Tough conditions hit THAI
Quarterly profit slumps 31% on baht's strength, high competition
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Local authorities may get direct access to loans in financial markets
The Finance Ministry is considering regulations to facilitate local governments' direct access to financial markets, which at the same time would impose fiscal discipline on them.
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Samart's Cambodian expansion
Samart Telcoms will set up a wholly owned subsidiary in Cambodia for the operation of an Internet phone service and other activities.
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MAMT spices up competitive market
Manulife Asset Management (MAMT) yesterday officially became the 19th company to join the already competitive mutual-fund industry, aiming to achieve Bt1.2 billion in assets under management in its first year of operation.
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PROPERTY DEVELOPER
Big profit rise for SC Asset
First-quarter earnings jump 219% to Bt222m
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STREET WISE
Calling all ghost-busters
Like any ghost story that has been passed on from one generation to another, "The Curse of the Black Building" has been around for three decades.
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GM aims to expand coverage of Thai pickup exports
General Motors plans to expand exports of one-tonne pickups from its Rayong plant "more widely around the world".
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PRIME BANGKOK PROPERTY
MBK, Chulalongkorn agree new lease
20-year contract worth Bt26 billion must first win shareholder approval
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