• 
• 
• 

Deputy Finance Minister Pruttichai Damrongrat said some operators were even offering discounts of up to 70 per cent.

The operators signed a memorandum of understanding yesterday. They make up 3,146 outlets nationwide.

Team Precision expects rising revenue

Custom-electronics manufacturer Team Precision expects sales revenue of between Bt1.7 billion and Bt2 billion this year, up from Bt1.46 billion last year, says CEO Rick Fitzgerald.

He credited new clients with large accounts in terms of sales value. But sales in the first two months of the year could be lower year on year, due to fewer orders, as it exports 95 per cent of output.

Still, no more than Bt50 million is earmarked for improvement in production efficiency.

Hotel performance to stay the course

Central Plaza Hotel, a unit of the Central Group, said first-quarter sales revenue would be similar to the same period last year even though occupancy has fallen to 70 per cent.

Annualised sales revenue is expected to rise 10 per cent to Bt9 billion on expected occupancy of 80 per cent.

Loan sought for Ecoplex on Withayu

Property firm Univentures is negotiating with a bank for a Bt2-billion loan to help finance its Bt5-billion office building on Wireless Road, says CEO Ornruedi na Ranong.

Called Park Ventures: The Ecoplex on Withayu, construction will start this year and take two or three years.

Seminar to discuss corruption in Thailand

The American Chamber of Commerce in Thailand's tax and legal committee will host a seminar next Monday on the US Foreign Corrupt Practices Act, including an overview on present trends and related Thai laws and investigations.

The Act makes it illegal for US companies and individuals to pay foreign officials to obtain local business.

Emirates' superjumbo coming to Bangkok

Emirates Airlines will use the Airbus A380 superjumbo jet on daily flights between Dubai and Bangkok from June 1.

Emirates will be the first airline to fly the superjumbo jet into Bangkok.

Richard Vaughan, senior vice president for commercial operations in East Asia and Australasia, said Thailand's tourism industry was recovering with attractive deals.

Emirates will collaborate with the Thai government to help the industry recover even further.

Nestle Extreme goes on air to lure teens

Nestle Extreme, one of the two major brands under Nestle's ice-cream umbrella, is now collaborating with FM104.5 Fat Radio to continue its music-marketing strategy in its campaign to get closer to teenage consumers.

Nestle will host the Nestle Extreme Air Band Contest, the first music competition without instruments in Thailand.

Montha Khongkrurphan, category-marketing manager for ice cream at Nestle Food (Thailand), said the company had adopted a music-marketing strategy to project the brand as youthful and modern.

Nestle expects the overall campaign to increase ice-cream sales 20 per cent. - The Nation