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Fri, June 15, 2007 : Last updated 23:08 pm (Thai local time)



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Sommai orders probe into TMB Bank losses

The Finance Ministry will instruct the Bank of Thailand to scrutinise TMB Bank's operations to find out why its financial status has not recovered following a capital increase last year.




MBK to extend lease for 20 yrs

MBK Plc, operator of Bangkok's landmark MBK shopping centre, yesterday received shareholder approval to continue its Bt22-billion land-lease contract for another 20 years. The landowner is Chulalongkorn University.





Govt 'has to contain upheaval'

Concerned that the political chaos could degenerate into violence, the Thai Chamber of Commerce (TCC) has called on the military-appointed government to get to grips with the worsening situation as rapidly as possible.



Sense taps new BTS link

Unique architecture sparks buying interest



Hemaraj poised for expansion

Profits from condo to spur new projects



Bathroom happiness

Designer Pipat Kosolwantana says the most important room in a house must fit the lifestyle of its users, and raw materials should be chosen to match



Creativity to the fore

Graphite, which has expanded from greeting cards to a wide range of gift items, is now a 15-strong design and marketing business



Panel: TOT should negotiate with DTAC

The national telecom regulator's dispute-settlement committee ruled early this week that the National Telecommunications Commission (NTC) should order TOT to nego-tiate with Total Access Communica-tion (DTAC) on an interconnection deal.



CAT opposes four-digit prefixes for international calling

CAT Telecom opposes a plan by the national telecom regulator to replace existing international-call prefixes with new four-digit numbers, saying the move would confuse consumers.



Marie France growing bigger

Marie France Bodyline has spent Bt150 million to open five new slimming salons so far this year, and three more will be launched in the second half.



Pattana's new designs

Four Pattana yesterday introduced home designs from six building-material suppliers in a bid to achieve revenues of Bt500 million this year.

LATE NEWS

Bidding for Red and Purple lines on track

Deputy Prime Minister and Industry Minister Kosit Panpiemras yesterday confirmed that bidding for two mass-transit projects, the Red and Purple lines, was still on track.



Four-year goal for energy use

The Energy Ministry expects to bring down the ratio of energy consumption to gross domestic product (GDP) from 1.4:1 to 1:1 by 2011.

MEDICINES

Govt seeks to control drug costs

Standard prices to be established



Future Park Rangsit benefits from renovation

After Future Park Rangsit saw a 5-per-cent revenue boost in the first quarter from a Bt600-million renovation and rebranding, it is launching a zoning strategy to keep up the momentum.



Ministry to order insurers to declare financial status

The Commerce Ministry will order 99 insurers - both life- and general-insurance companies - to report their financial status to the Insurance Department as part its plan to create an "early-warning system" for policyholders.



KGI set for Option

KGI Securities (Thailand) is ready to trade the Stock Exchange of Thailand (SET) 50 Index Option, a new derivatives product that will be available from October 29.



Construction firm slashes income target

Construction firm Nawarat Patanakarn has slashed Bt1.8 billion off its revenue forecast for the year and now predicts an income of only Bt3.2 billion, due mainly to a slow-down in both government and private construction projects.



More strategic partners possible at BankThai

One of BankThai's new foreign shareholders said that despite its long-term investment policy, it is willing to invite other strategic partners to join the mid-sized bank.



FIDF aims to unload holdings

The Financial Institutions Development Fund (FIDF) is inviting both institutional and retail investors from here and abroad to take over its stakes in three commercial banks.

NATURAL PARK

Auction called off

Developer agrees loan repayment with Siam City Bank, suspending planned sale of collateral

STREET WISE

A serene city of cycles

In a big modern city like Paris, the number of cars is growing, and so is the pollution problem.



Airlines want just one Bangkok airport

The Board of Airline Representatives (BAR) in Thailand will ask the next elected government to switch back to having just one airport in Bangkok in order to improve capability and competitiveness.

FOREIGN INVESTMENT

Dow Chemical plans five plants

Projects worth up to $2 bn for Map Ta Phut estate






Top Stories



Remark puts SET in a spin

Exporters of frozen food feel the pinch

Dow Chemical plans five plants

Shin sells out for Bt472m

BEC-Tero, Major to merge units


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