PROPERTY DEVELOPER
Firm plans customised homes
Attempt to reduce housing stock with made-to-order project
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SET takes to the road in Singapore
The Stock Exchange of Thailand and five listed companies are in Singapore for the CLSA Corporate Access Forum, the SET's first overseas road show since last September's coup.
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Bourse to remove 4 stocks from trading board
On June 1, four stocks will be removed from the trading board following their failure to rehabilitate their business on time, the Stock Exchange of Thailand said yesterday.
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Tax waiver for property funds sought
The Association of Investment Management Companies (AIMC) has proposed that the Securities and Exchange Commission (SEC) waive the withholding-tax deduction for leasehold property funds.
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Auditor finds fault with SET over 'unverified' information
A senior accounting expert has roundly criticised the Stock Exchange of Thailand (SET) for failing to consult with auditors before commenting on the affairs of a company.
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Company reports
BANK OF AYUDHYA's tender offer for shares of Ayudhya Auto Lease (AYL) ended yesterday. The results will be submitted to the stock exchange within five days, and the exchange will announce the delisting date seven days ahead of AYL's actual removal from the bourse.
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STOCK FOCUS
Hemaraj Land & Development
KGI Securities (Thailand) has maintained an "outperform" rating on Hemaraj stock, with a target price of Bt1.13.
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Chamber seeks aggressive cut to policy interest rate
The Thai Chamber of Commerce yesterday asked the Bank of Thailand's Monetary Policy Committee to slash its policy interest rate by a weighty 75 basis points or a full percentage point at its meeting today, in order to stimulate slumping domestic consumption and stem the continued strength of the baht.
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AIS chief urges govt to play fair on revenue
The government should not use the upcoming renegotiation process to demand that holders of mobile-phone concessions pay a higher share of their revenue to the state, Advanced Info Service (AIS) chief executive Somprasong Boonyachai said yesterday.
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Sansiri chooses hotel for launch
Sansiri is staging the grand launch of its Bt3-billion high-rise Siri at Sukhumvit by Sansiri project from June 2-3 at the five-star Four Seasons Hotel to catch the attention of affluent condo buyers.
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IN BRIEF
Treasury dept :Commemorative coins being minted for His Majesty's 80th birthday
The Treasury Department is creating a series of commemorative coins for His Majesty the King's 80th birthday, with bookings starting next month.
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Excise duty on eco-cars no higher than 15%: Sommai
Deputy Finance Minister Sommai Phasee said yesterday that excise duty on the manufacture of small cars in Thailand would be 15 per cent or lower.
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Bt1.7-billion project for HDD sector
The government is expected to approve within a month a budget of Bt1.7 billion to develop the hard-disk drive industry.
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Thumbs down for tax break
Large property developers have resigned themselves to the need for big-budget marketing campaigns to maintain their business momentum this year, following the Finance Ministry's announcement that it will offer annual tax allowances on mortgage-interest payments of up to Bt100,000 as a means of boosting the property sector.
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Is Chalongphob turning the clock backwards?
First, Finance Minister Chalongphob Sussangkarn retracted a proposal to curb the finance minister's power to appoint the Bank of Thailand governor.
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STREET WISE
'Turtle' govt fast on sensible pleas
Prime Minister Surayud Chulanont has been recently been dubbed a "turtle" leader by the press.
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Pulling double duty
Mitsuhiro Sonoda, head of Toyota Motor Thailand and the Thai-Japanese Chamber of Commerce, discusses his take on the local auto industry
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