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Published on September 21, 2007

US Trade Representative Susan Schwab also reported to the US Congress that the next round of multilateral negotiations under the World Trade Organisation would be a crucial point for the Doha Round. "In the next four to six weeks we will know of the result," she said.

New JV makes bottles

Thai Asia Pacific Brewery, the local maker of Heineken, Tiger and Cheer beers, yesterday announced that its Thai Malaya Glass joint venture with Malaysia-based Malaya Glass Products had started production of bottles in Saraburi province.

The plant adds value to the company's alcoholic beverage business and will serve its expansion to other kinds of beverages which use glass bottles, the firm said.

Costing Bt1.7 billion, the factory started operations on August 21. It has an annual production capacity of 70,000 tonnes and will generate sales of nearly Bt700 million in the first year.

Shrimp image crisis

The Thai Shrimp Association has urged the government to implement measures that protect the export image of Thai shrimp. The move comes after other Asian countries found a chemical-residue problem in shrimp products, some of which have been reprocessed in Thailand.

President Somsak Paneetatyasai said yesterday that shrimp from some Asian countries had been rejected from importing countries due to chemical residue, particularly nitrofuran. Some rejected shrimp have been exported to many countries for reprocessing and re-export, including Thailand. This will cause export quality problems for the Kingdom. In addition, it will cause a domino effect for farmers, manufacturers and exporters in the industry.

BBL property on Net

Bangkok Bank (BBL) has posted 8,500 property items worth Bt20 billion on the Internet in cooperation with Yello Media to offer a new convenient channel to buyers.

The venues are www.yello.co.th and www.bangkok.com/property.

Initially, there will be 1,300 assets listed on the website. An estimated 500 items will be added every month.

The Nation