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Business >> Monday July 14, 2008
Delta investing $50m in India

Driven by strong demand for electronic products in India, Delta Electronics (Thailand) Plc, the country's biggest listed electronics business, is poised to beef up its expansion in India, planing to invest about $50 million next year.

RETAIL
Wholesale centres gaining ground in face of slump

Wholesale centres are a new retail segment gaining popularity among property investors and small and medium-sized entrepreneurs amid the sluggish economy.

Cooking gas in cars a 'ticking time bomb'

Car owners modifying liquefied petroleum gas (LPG) cylinders from household usage to install in their vehicles risk a dangerous reaction, say officials from the Land Transport Department.

AUTOMOBILES & ALTERNATIVE ENERGY
Ready to roll with hydrogen

The local development of fuel cell-powered cars has moved a step closer to reality with the introduction of a prototype hydrogen car.

Bridging THE GAP
Asking the right questions

'Khun Kriengsak, the cost of living is skyrocketing. How can I increase my income? Do you have any ideas about side work?" asks Daeng, an old friend since high school.

Mizuho happy with quality over quantity

Who says size matters? Not Toshiya Wakaume, who believes uniqueness, character and quality are as important as scale.

ALTERNATIVE ENERGY
Sea Horse lining up funds and partner for shift to ethanol

Sea Horse Plc remains intent on expanding into ethanol manufacturing,and hopes to announce a new business partner for its alternative energy operations by the end of the month.

COMMUNICATIONS
True takes big step forward with international calling

True International Communication Co, the international direct dialling (IDD) arm of True Corp, is gearing up to offer full commercial service for customers of True fixed-line, mobile and personal communication telephones (PCT).

STOCK MARKET
SET bounce is not a rally

Investors buoyed by last week's late rally should remain cautious, as economic and political factors are expected to continue to press on sentiment until the fourth quarter, according to analysts.

Travel MONITOR
Calls mount for Pata transparency

Another former chairman of the Bangkok-based Pacific Asia Travel Association has backed calls for good governance and transparency, warning that "if things do go off the rails, and the law steps in, it can get very ugly".

Local tour firms struggle

Domestic tour operators' hopes that the market would pick up after the December election have been dashed and those without financial strength are going out of the business, according to the Association of Domestic Travel (ADT).

Learning to lead

That special quality that sets one person apart from the others is often leadership, yet leadership is difficult to define.

NETWorth
Five ways to avoid the bears

Bears are currently on the rampage after having spent a longer than average time in hibernation. As in the wild, fund animals of a bear nature can be a handful to manage. From a different perspective, naive or complacent investors can easily get gored or trampled by the most good natured domestic bulls or seemingly safe stags.

Oil Market Outlook

The recent move in West Texas Intermediate (WTI) prices proved that the bullish run in energy markets is not over yet. Geopolitical concerns intensified, particularly in the Middle East where Iran's missile tests last week were seen as posing a heightened threat to Israel and the United States.

BYInvitation
Resort property market builds on firm foundation

CB Richard Ellis's experience with selling resort properties started in 1990 with Laguna Phuket, where we were involved in the master planning, launch and ongoing sales of its residential condominiums. The project not only transformed the former tin mine into Thailand's most successful resort development but was also pivotal in the emergence of Phuket's property market.

Property Insights
Building cost impact low at high end

No one can dispute that costs have been rising for the property industry in Thailand and some developers in the low- to midmarket segment may be feeling the pinch.

Paradise for retirees

With nothing certain in life including their retirement pensions, Europeans are actively searching for good places to live and Hua Hin is emerging as a prime destination.

Fair will target luxury market

As lower confidence among investors and buyers is expected to continue in the second half of the year, the Thai Real Estate Association plans a luxury property fair to stimulate the market, says president Somchao Tantaterdtham.

TOURISM
Short-haul travellers in TAT's sights

An intensive plan is afoot at the Tourism Authority of Thailand (TAT) to lure foreign visitors from the short-haul market next year, as high oil prices may deter long-haul travellers.

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