Dhanin named first president of Chinese entrepreneurs' body

More than successful 200 overseas-Chinese businessmen worldwide have jointly set up the association, which has the Chinese government's full support.

The members have been invited by Beijing to provide information and suggestions to Chinese investors interested in investing abroad.

Temasek approach denied

Liquor tycoon Charoen Sirivadhanabhakdi has not been approached by Singapore's Temasek Holdings for the sale of any telecommunications company that Temasek currently holds, his public relations adviser said yesterday.

Charoen, chairman of TCC Holding, only has five business lines and will not undertake any others in which he has no expertise, such as telecoms, Thanit Thamsukti said in a release.

The five businesses are Thai Beverage, Berli Jucker, TCC Land, TCC Capital and Plantheon.

The Nation reported last Saturday that Temasek had approached major business groups in a bid to sell its Thai telecom interests to avoid nominee issues.

Mun to consult Samak on PCs

Information and Communications Technology (ICT) Minister Mun Patanotai yesterday said he would consult Prime Minister Samak Sundaravej soon on his plan to introduce Bt3,000 computers.

The move is part of his plan to bridge the digital divide in Thailand. Mun recently announced his intention to deploy ICT technologies to alleviate poverty.

Sansiri launches Hive brand

Property firm Sansiri has launched a new condominium brand called The Hive, with the first project on Bangkok's Sathorn Road worth Bt1.6 billion and targeting the middle market with a price of Bt80,000 per square metre.

President Srettha Thavisin yesterday said the brand would focus on the middle-income market, in which demand is strong with a share of 15-20 per cent of the total condo-market volume of about 70,000 units a year.

The company expects sales from The Hive brand to account for about 30 per cent of its overall estimated sales of Bt20 billion this year. Sansiri plans to launch 15 residential projects worth Bt15.3 billion this year: six will be for condominiums, five for single-detached houses and four for townhouses.

The Hive on Sathorn Road will have 363 units. 

The Nation