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Business >> Monday September 08, 2008
 
Trump in venture with Gaysorn

The American property billionaire Donald Trump will join in the investment and development of a new luxury retail plaza with Gaysorn Group on the four-rai plot that used to house the Narai Phand handicraft centre in central Bangkok.

COMMODITY
Rubber sales hit by strike

A railway and port strike is taking its toll on the country's rubber shipments, prompting foreign traders to shift to buying rubber from Malaysia and Indonesia, according to local exporters.

All PAD, all the time

The anti-government rallies staged by the People's Alliance for Democracy have entered their fourth month with protesters now firmly entrenched at Government House, in addition to the original site at Makkawan Bridge.

Busy signals?

Mobile-phone users sometimes wonder if sinister forces are at work when they are unable to make or receive calls.

Tax system overhaul calls grow

Thailand's tax code needs sweeping reforms that emphasise substance over form to curb tax evasion, according to Tithiphan Chuerboonchai, the dean of the law faculty at Chulalongkorn University.

INFRASTRUCTURE & INVESTMENT
Utilities fund has pros and cons

The Finance Ministry and the Securities and Exchange Commission are considering a new public utilities fund structure to help raise funds from the privatisation of state assets.

BANK OF THAILAND
Delay in naming new MPC raises concern

The Bank of Thailand will ask the Council of State whether it can conduct monetary policy if the appointment of the new Monetary Policy Committee is delayed, according to Arkabusk Krairiksh, a central bank assistant governor.

Bridging THE GAP
Why CEOs fail

'I have a gift for you," I say, as I hand the book to Heinz. He is the country manager of a multinational corporation in Thailand, and we meet regularly to learn from each other.

Sweet success from innovation

Jeerasak Muyotha was always sure his hard work for his team over the past two years would be rewarded.

Spreading the word

In any political conflict, media are always exploited as a tool for one side to attack the other.

Cabbies tune in and log on for anti-PAD views

Shinawat Haboonpad is a host of the In Search for Justice programme on FM 92.75, a community radio station for taxi drivers broadcast in the Chatuchak area.

Travel MONITOR
Tallying the cost of two eventful weeks

The Thai tourism industry began to survey the damage caused by the nearly two-week long political crisis, amid general agreement that the situation was not as bad as it could have been and will bounce back quickly once normalcy is returned.

HOTELS
Centel maintaining profit targets despite upheaval

Political turmoil will not affect Central Plaza Hotel's business targets this year, according to executive chairman Suthikiati Chirathivat.

HOTELS
Oriental feels pinch

Thailand's political turmoil is taking a toll on Bangkok's most famous hotel, with only half of its 393 luxurious rooms rooms filled in the next two months and the potential of 120 million baht in revenue losses.

Four Seasons hopes to just match last year's results

Four Seasons Hotel Bangkok is pessimistic about meeting its growth target of 5-7% this year if the current political problems are not resolved quickly.

NETWorth
Choosing a safe yet flexible investment vehicle

Last week we discussed how certain investment vehicles could afford you valuable opportunities to allow your beneficiaries access to their inheritance quickly in the event of your untimely demise. This can be achieved without the need for obtaining costly and time-consuming grants of probate. Such vehicles also offer other investment advantages that make them very attractive.

Oil Market Outlook

With Hurricane Gustav causing only minor damage to oil production in the Gulf of Mexico, West Texas Intermediate fell more than $9 a barrel from a week earlier to close on Friday at $106.23. Concerns over a growth slowdown in global energy demand and the strengthened US dollar pressured crude prices down.

ENVIRONMENT
Carbon credit trade could be huge for local firms

The global carbon credit market offers booming opportunities for local industries, as demand worldwide will only rise in the future under the Kyoto Protocol, according to local financial experts.

Coffee culture

;Dewi Damayanti, 60, an Indonesian businesswoman, did not know that a holiday trip to Thailand would change her business life and help bring Thai coffee to people elsewhere in the world.

TRANSPORT
BTS debt restructuring on track

Ongoing political turmoil is unlikely to affect the debt restructuring plan of Bangkok Mass Transit System (BTS), which is ready to proceed after receiving the green light from Thailand's top court.

One-stop wellness destination

Bangkok Medical Complex, the country's first lifestyle and medical retail space, is ready to begin commercial operations late this year to capitalise on the growing health-care business in the country.









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