Bangkok Post (Bangkok, Thailand) articles from August 2007

Bangkok Post (Bangkok, Thailand) archives from August 2007

DE Capital expects to turn a profit after years of losses.(Financial report)
August 1, 2007

Regional integration should be started and expanded, says ADB.
August 1, 2007

Beer pricing case on agenda.
August 1, 2007

Bangkok Post, Thailand, business briefs column.(Column)
August 1, 2007

Bangkok Post, Thailand, briefs column.(Column)
August 1, 2007

Laos sees tourism as top earner.
August 1, 2007

Small gains reported in crucial categories.
August 1, 2007

Operators urged to adopt halal.
August 1, 2007

Thailand to build drone for military.
August 1, 2007

Public-private links ease forex volatility.
August 1, 2007

TQA needs to develop sharper focus.
August 1, 2007

CAT decides to fine Huawei.
August 1, 2007

International survey ranks THAI near top.
August 1, 2007

TMB aims to sell down stake in MFC Asset Management.
August 2, 2007

Pattaya high-rise protesters win court battle.
August 2, 2007

Massive project aims to bury Bangkok wires.
August 2, 2007

Ekawit head sets sights on industry growth.
August 2, 2007

Mill Con Steel poised for MAI listing in Q4.
August 2, 2007

Alternative-fuel funds promising, say experts.
August 2, 2007

Bangkok Post, Thailand, business briefs column.(Column)
August 2, 2007

Saha chairman slams baht measures: More hands-on approaches needed.
August 2, 2007

Films get thumbs-down abroad.
August 2, 2007... Byline: Woranuj Maneerungsee Aug. 2--While Thai movies excelled at the local box office in the first half of the year, only a handful were exported to the international market, says Surasak Sunpitaksaree, secretary-general of the...

Megaprojects to weaken baht.
August 2, 2007

Food increases push up July inflation by 1.7%.
August 2, 2007

Akara invests B5bn to lift output.
August 2, 2007

Forget about ever listing, minister tells TOT.
August 2, 2007

Mitr Phol grows in Laos.
August 3, 2007

BBLAM aiming for 25% growth.
August 3, 2007

Thailand a priority GM market.
August 3, 2007

Central bank warns NPL target won't be met.
August 3, 2007

BankThai lending to be probed: B971m needed to cover dud loans.
August 3, 2007

Bangkok Post, Thailand, business briefs column.(Column)
August 3, 2007

TPC foresees solid third quarter.
August 3, 2007

Shin a drag on Temasek profits.
August 3, 2007

'Gold for Cash' aims to lure pawnshop clients.
August 3, 2007

BAM buys B5bn in bad assets, NPLs from banks in first half.
August 3, 2007

Samsung to recapture market.
August 3, 2007

First ETF offering set to start on Aug 21.
August 3, 2007

Offshore fund limits expanded.
August 3, 2007

Habitat expands Bangkok store.
August 3, 2007

Local office rents decline, Bangkok now Asia's bargain.
August 3, 2007

JLL expanding sales and leasing services.
August 3, 2007

Pacific Star aims for 10% return.
August 3, 2007

Halt to store expansion sought.
August 3, 2007

SET flat in volatile session.
August 3, 2007

NHA explores new housing: Affordable houses near transit in works.
August 4, 2007... Byline: Kanana Katharangsiporn Aug. 4--The National Housing Authority (NHA) has been in talks with the Mass Rapid Transit Authority of Thailand (MRTA) and the State Railway of Thailand (SRT) to develop low-cost housing near mass transit...

Bangkok Post, Thailand, business briefs column.(Column)
August 4, 2007... Aug. 4--GROWTH GOAL RISING: The Commerce Ministry is planning to revise up its 2007 export growth projection to 15 percent, from 12.5 percent to reflect continued robust trade in the second half of this year. Officials now forecast that...

SEC taking steps to help brokers adjust.
August 4, 2007... Byline: Nuntawun Polkuamdee Aug. 4--Securities regulators yesterday introduced a new package of measures aimed at helping local brokers adjust to growing competition in the future. The Securities and Exchange Commission has already set...

Running further on less.
August 4, 2007... Byline: Tiger Tong Aug. 4--China is making small strides in reducing energy consumption but continues to fall short of the targets the government has set. According to the National Statistics Bureau (NSB) energy consumption per unit...

PM says more can be done to bring stability.
August 4, 2007... Byline: Chatrudee Theparat Aug. 4--New measures are needed to help create economic stability and security for the country's businesses and employees, Prime Minister Surayud Chulanont said yesterday. The recent closure of shoe factories...

Time to move on.
August 4, 2007... Byline: Umesh Pandey Aug. 4--As Thailand's cost of labour continues to rise by the year, entrepreneurs have been asked to look for investment opportunities near and far from Thailand as part of their effort to diversify their operations....

Green's the way to go for Laos.
August 4, 2007... Byline: Somporn Thapanachai Aug. 4--Promoting a green supply chain could help Laos attract more quality tourists, but the government needs to educate suppliers about the environment and the country's heritage, says a tourism expert. ...

Sizzler shifting focus from outlet expansion to renovation.
August 4, 2007... Byline: Pitsinee Jitpleecheep Aug. 4--Sizzler Limited, a subsidiary of the Minor Food Group, has put the brakes on outlet expansion and plans instead to renovate existing restaurants. Marketing director Nongchanok Stananonth said that...

Vietnam is counting on foreign investors to help it develop.
August 4, 2007... Byline: Umesh Pandey Aug. 4--Thai property entrepreneurs who have successfully tapped into the booming real estate market domestically can use their expertise and know-how to enter the Vietnamese market where demand continues to outstrip...

TOT urged to invite foreign 3G proposals: Minister recommends open architecture.
August 6, 2007... Byline: Komsan Tortermvasana Aug. 6--TOT Plc is being encouraged to invite other countries to make investment proposals for its third-generation (3G) mobile phone network at the government-to-government level and to use open network...

A match made in heaven: Bank hopes to leverage GE Money's strengths.
August 6, 2007... Byline: Chiratas Nivatpumin Aug. 6--Mergers and strategic partnerships in the Thai banking sector have broken more than a few careers over the past several years -- a match that looks good on paper can prove disastrous. But Tan Kong...

HomeWorks to add 10 outlets in four years.
August 6, 2007... Byline: Pitsinee Jitpleecheep Aug. 6--Despite the economic slowdown and the stagnant real-estate sector, the HomeWorks home-improvement chain is going ahead with its expansion plan, with a budget of five billion baht to open at least 10...

Montblanc expanding into women's diamond jewellery.
August 6, 2007... Byline: Pitsinee Jitpleecheep Aug. 6--Montblanc, the luxury brand known mainly for pens and leather goods, is offering diamond jewellery to women as it expands its business this year. Many luxury fashion brands have been moving in a...

Thailand set as logistics hub.
August 6, 2007... Byline: Yuthana Praiwan Aug. 6--Hong Kong-based Kerry Logistics aims to use Thailand as its integrated logistics service centre in Southeast Asia, says Somchai Kaewmanee, assistant general manager of Kerry Logistics Thailand Co. Part...

Sansiri targets low-end market.
August 6, 2007... Byline: Kanana Katharangsiporn Aug. 6--The listed developer Sansiri Plc (SIRI) plans to promote Baan Promptpatt as its "fighting brand" to grab market share in the lower-end housing segment early next year, according to senior marketing...

Competition law yet to show some teeth: AP Honda case now back to square one.
August 6, 2007... Byline: Phusadee Arunmas Aug. 6--Thailand's competition law has proved useless since it was enacted in 1999, with not a single case decided or punishment enforced far. A clear definition of market dominance, as well as structural...

ATO, ATC orders to be under watch to minimise price swing.
August 6, 2007... Byline: Krissana Parnsoonthorn Aug. 6--Market regulators have urged securities brokers to monitor their transmissions of "at-the-open" and "at-the-close" orders to help reduce stock volatility. Supakit Chirapraditkul, a senior...

Thai banks' exposure estimated at $300 million but in less risky issues.
August 6, 2007... Byline: Darana Chudasri Aug. 6--Financial markets around the world have been in a state of high anxiety for weeks over worries about the US capital markets. Investors across the world have pared back their positions in riskier assets...

Foreign venture funds said to be eyeing logistics, alternative-energy sectors.
August 6, 2007... Byline: Nuntawun Polkuamdee Aug. 6--Logistics and alternative energy are two sectors being viewed closely by local venture-capital firms. Foreign venture-capital firms are also focusing more on long-term investments in the agribusiness...

Airlines slam AoT for excessive fees.
August 7, 2007... Byline: Boonsong Kositchotethana Aug. 7--The dispute between airlines and the Thai airport monopoly over airport users' fees has resurfaced as both sides remain steadfast in their arguments over rates. The Board of Airlines'...

No clarity on capital controls.
August 7, 2007... Aug. 7--Economic policymakers continue to offer mixed signals about the country's capital control strategy. Finance Minister Chalongphob Sussangkarn and senior executives of the Bank of Thailand insist that the 30 percent reserve...

Bangkok Post, Thailand, business briefs column.(Column)
August 7, 2007... Aug. 7--PORK PRICES DUE TO EASE: Pig producers believe rising pork prices will begin to ease soon and could fall as there were few public festivals scheduled during the three-month Buddhist Lent period. Surachai Sutthitham, president of the...

TOT buys CAT stake in Thai Mobile for B2.4bn.
August 7, 2007... Byline: Komsan Tortermvasana Aug. 7--TOT Plc has agreed to pay 2.4 billion baht in cash for CAT Telecom's 42 percent stake in Thai Mobile. Information and Communications Technology Minister Sitthichai Pookaiya-udom said the agreement...

Site for Phuket convention centre to be picked this month.
August 7, 2007... Byline: Chatrudee Theparat Aug. 7--A site for the long-debated Phuket International Convention and Exhibition Centre is expected to be chosen this month. Apart from the two plots near Mai Khao beach proposed by the Phuket Provincial...

Certification due for financial planners.
August 7, 2007... Byline: Nuntawun Polkuamdee Aug. 7--Investment professionals will gain a new training tool starting next month with the opening of the Institute of Financial Planners of Thailand (IFPT). The new IFPT expects to offer its first...

Luxury builder adds new designs.
August 7, 2007... Byline: Kanana Katharangsiporn Aug. 7--The luxury home builder The Emperor House Co plans to introduce new housing designs to tap the middle- to high-end segment in order to lift sales in a sluggish market, says managing director Suratchai...

Bangkok Post, Thailand, In Brief column.(Column)
August 7, 2007... Aug. 7--VISA: SPENDING UP 17%: International tourist spending in Thailand in the first half rose 17 percent from the year before, according to Visa International. International Visa cardholders spent $2.01 billion in the country the first...

Thai Setakij plans to focus on quality to minimise risks.
August 7, 2007... Byline: Charoen Kittikanya Aug. 7--SET-listed Thai Setakij Insurance (TSI) will become more selective in writing policies, particularly for motor insurance, to stave off high pricing competition and retain its bottom line. The company...

Landscape architect puts his green credentials to work.
August 7, 2007... Byline: Somporn Thapanachai Aug. 7--Maximising profit is not the philosophy behind developing a real estate project for Kanok Vienravee, who established the premium Krung Kavee golf course on Rangsit-Nakhon Nayok Road Km 9 in 1995. As...

RS still expects to meet TV target.
August 7, 2007... Byline: Woranuj Maneerungsee Aug. 7--RS Plc says that its television business missed its first-half sales target of 80 million baht target by about 10 percent as a result of the weak economy and volatile political conditions. The...

Bangchak Plc projects 15% sales growth.
August 7, 2007... Byline: Aranee Jaiimsin Aug. 7--Bangchak Petroleum Plc, the majority state-owned oil refiner and marketer, projects sales revenue this year will grow by 15 percent to 107.57 billion baht from 93.54 billion last year, driven by rising fuel...

Samart unit set to offer pay-by-mobile phone platform.
August 7, 2007... Byline: Srisamorn Phoosuphanusorn Aug. 7--Posnet Co, a unit of Samart Telcoms Plc, is developing a mobile phone-based payment system for cellular operators to provide interactive payment services. The move is in line with parent Samart...

Bayer, Schering Thai units merge.
August 7, 2007... Byline: Charoen Kittikanya Aug. 7--Bayer Thai Co Ltd and Schering (Bangkok) Ltd are operating under a new name, Bayer Schering Pharma, following the merger of their multinational parent companies. The new division under Bayer Thai Co...

Closer ties sought among rice exporters.
August 7, 2007... Byline: Chatrudee Theparat Aug. 7--Rice-producing countries are being urged to work more closely to stabilise world rice prices and production, according to Prime Minister Surayud Chulanont. The prime minister, who chaired the National...

Japanese Metal One takes stake in Thai Metal Trade.
August 7, 2007... Byline: Busrin Treerapongpichit Aug. 7--Japan's Metal One Corporation, a major global metal trading and processing company, has acquired 21.25 million shares or a 5 percent holding in SET-listed Thai Metal Trade Plc (TMT). The...

SET pushed to five-week lows.
August 7, 2007... Aug. 7--Thai stocks fell 2.61 percent yesterday to a five-week low as most Asian markets fell on lingering woes over the US housing market. The Stock Exchange of Thailand index closed at 815.87 points, down 21.86, on volume of 18.16 billion...

MCOT revenues likely to be hit by new act.
August 7, 2007... Byline: Woranuj Maneerungsee Aug. 7--Enforcement of the proposed Radio and Television Broadcasting Act could hit the SET-listed broadcaster MCOT Plc hard as it may lose hundreds of millions of baht in concession fee earnings, says an SCB...

Thai-Aus Aluminium plans 'fighting brand'.
August 8, 2007... Byline: Aranee Jaiimsin Aug. 8--Thai-Aus Aluminium Co, a manufacturer of aluminium doors and windows, plans to introduce a "fighting brand" next month to drive sales growth in the sluggish property market, says managing director Eakkachai...

BT defends investments as liquidity management.
August 8, 2007... Byline: Darana Chudasri Aug. 8--BankThai yesterday defended its offshore investments in structured products as necessary to alleviate the bank's excess liquidity position over the past three years. BT is the first Thai bank to openly...