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Business >> Monday July 21, 2008
Major turning point

Selling a business that one has built from the ground up is never an easy decision, and Supakorn Chuasiriphattana admits her husband's proposal puzzled her at first.

State banks told to slash spreads

Specialised state banks must cut their interest rate spreads to no higher than two percentage points, or half their current spreads, says Finance Minister Surapong Suebwonglee.

INNOVATION
Hybrid breeds higher margins

It took five years and five staff of SCG Paper to develop a new breed of eucalyptus that can survive in dry weather and is strong enough to battle diseases.

Bridging THE GAP
How executive coaching works

'Khun Kriengsak, are there common issues that come up when clients seek your advice?" Dr Ning asks me during a coffee break. Her university is planning an international doctorate programme and has invited me to join the focus group from the business sector.

Capital outflows worry banks

Local banks are expanding their deposit bases and considering raising additional funds in anticipation of a possible liquidity squeeze across global markets due to the US sub-prime mortgage crisis.

INVESTING
Bear setto bite new energy fund

Fund managers are bracing for low interest as subscriptions start for the SET energy exchange-traded fund today.

INITIAL PUBLIC OFFERING
IPO price may be reviewed

Siam Global House executives are concerned that its plan to raise capital through an initial public offering could be derailed by weak market sentiment and the 22% decline this year in the main market index.

Travel MONITOR
Tourism for mental health

You've heard of "medical tourism" and "health and wellness tourism". Now, get ready for a new one: "Mental Health Tourism".

AGRIBUSINESS
CPF plans to transform Korat operation into grain terminal

Charoen Pokphand Foods Plc (CPF) plans to develop its animal-feed operation in Nakhon Ratchasima as a grain terminal in order to benefit from plentiful maize production in the northeastern provinces.

Slow arrivals take sheen off Thai silk trade

The Thai Silk Co, the producer and distributor of silk and products under one of Thailand's most famous brands, Jim Thompson, is worried that reduced tourism in the past few months will undermine its business in the second half of the year.

VEHICLES
Motorcycle sales rise 2.8%

The local motorcycle market enjoyed 2.8% growth in the first six months of this year with new registrations reaching 872,644 units, according to A.P. Honda Co, the compiler of industry figures.

AVIATION
Flight cuts taking toll on Thai traffic

Signs of a slowdown in air traffic through Thailand's six main airports clearly emerged last month as spiking fuel oil prices and low-season demand forced airlines to cut flights.

NET Worth
Hip returns from HYPS investments

Hip investors rely on smart investing strategies, as opposed to fads when selecting portfolio wardrobes. Flared trousers lose their fashion value just as quickly as fair-weather tech stocks lose their real value.

Oil Market Outlook

West Texas Intermediate (WTI) prices collapsed more than $18 a barrel after hitting an intraday high of $147.27 a barrel on July 11, closing last week at $128.88 amid concerns over US economic health, returning supply from Brazil and Nigeria, and easing tensions over Iran's nuclear programme.

BYInvitation
Office growth mirrors the economy

The growth in Bangkok's office market increased in line with the remarkable development of the Thai economy in the late 1980s and early 1990s, as the total supply of office space expanded from around 1.5 million square metres in the early 1990s to about 7.5 million sq m currently.

Payback time

One of the concepts that have caught on like wildfire throughout business world in recent years is corporate social responsibility (CSR). With its emergence, businesses are seen, and judged, in a different light.

RETAILING
New offerings keep Zen on pace for 80% growth

Zen Department Store Co, owned by Central Retail Corporation, expects sales this year to grow by 80% from last year as it continues to add unique offerings.

PERSONAL-CARE SERVICES
Thai Privilege Spa expands to Dubai

Thai Privilege Spa Co, the local luxury spa chain owned by Surangrath Chirathivat, has signed a contract with a property group in Dubai as part of its overseas spa expansion.

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