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Thailand Newspaper Highlights March 13, 2001
BANGKOK, March 13 Asia Pulse - Highlights of today`s newspapers:
THE BANGKOK POST

- Banpu, the country`s largest coal producer and distributor, is expanding its coal-mining business in Indonesia in anticipation of surging demand in the region.

- Thai equities and currency markets slipped yesterday largely on regional concerns, with the baht trading as low as 43.73 against the US dollar in line with decline of the yen.

- Banking regulations are expected to be relaxed later this month to encourage banks to lend more to small and medium-sized enterprises.

- Malaysia`s trade and industry minister has defended her country`s decision to protect its domestic auto industry until 2005, two years later than its partners in the Asean Free Trade Area.

- The Securities and Exchange Commission has formally approved a framework for retirement mutual funds, touted as a new savings alternative for employees.

- Two research vessels owned by the Fisheries Department, Chulabhorn and Mahidol, will team up with Mukmanee, the only deep-sea tuna vessel in Thailand, to make trawling the Indian Ocean more viable.

- Bangkok Aviation Fuel Services has received approval to list on the Thai share market, according to SET president Vicharat Vichit-vadakan.

- The new national holding company will have sweeping powers to appoint managers and directors of state enterprises, according to a draft law being finalised by the Finance Ministry.

- The Consumer Confidence Index in February fell slightly to 80.7 points from 81.6 in January, according to the Centre for Economic and Business Forecasting of the Thai Chamber of Commerce University.

- Thailand has won a contract to sell 150,000 tons of 25 per cent grade rice to the Philippines under a government-to-government contract. The volume is half the total import quota set by Manila for this year, according to the Foreign Trade Department.

- Krungthai Thanakit Finance said the annual shareholders` meeting would be held on April 12. The meeting would review and approve the company`s delisting plan. Its board on March 9 approved no dividend for 2000.

- While European consumers shun red meat fearing mad cow and foot and mouth diseases, Siam Steak Group says it`s business as usual in Thailand.

- Despite the proliferation of Internet cafes around the country, progress on public Internet services run by state agencies has been slow, prompting managers to seek ideas to make them more competitive.

- Golden Harvest Entertainment Co, a major Hong Kong-based film distributor, yesterday urged Thai film producers to cash in on Asia`s growing media channels as programme suppliers.

- Starwood Hotels and Resorts Worldwide Inc may cancel its tender offer if it does not acquire at least 50 per cent control of Royal Orchid Hotel Plc, owner of the five-star Royal Orchid Sheraton Hotel and Towers in Bangkok.

ASIA PULSE
 
aus der Diskussion: Waste or make money in Thailand
Autor (Datum des Eintrages): BodyG  (13.03.01 08:22:41)
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