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NationMultimedia.com - Business NationMultimedia.com - Business BriefsImported cigarettes under close scrutinyExpert suggests "K2" plan to go hand in hand with 3G auctionThailand needs to come up with a comprehensive road map for its telecom sector by synchronising the upcoming auction of the 3G (third-generation) mobile licences with the government's latest "K2" reform proposal, according to a visiting expert in information and communications technology (ICT).Facebook agency opens in BangkokEncouraged by rapid growth in the number of Facebook users in Thailand, ihub Media, the official advertising sales partner of Facebook in Asia, has established an office in Bangkok.Corporate tax cut to help SMEsA cut in the corporate income tax to 25 per cent for listed companies will be proposed to the Finance Ministry as an incentive for SMEs to raise funds from the public.Foreign operators stake 3G license baitTwo overseas telecom operators, Telekom Malaysia and South Korea's KT, will meet the national telecom regulator next week to seek details of its planned auction for licences to operate 3G services on the 2.1GHz spectrum.TUF stock soars 7% on rave reviews of acquisitionThai Union Frozen Products (TUF) stock rallied yesterday by nearly 7 per cent, strongly supported by positive views on its future earnings derived from lower costs and market synergy after its Bt28.5-billion acquisition of MW Brands, a leading European seafood firm.AMEMAsean energy ministers re-affirmed their commitment towards strengthening efforts to address climate change and enhance Asean energy cooperation towards a low-carbon and green economy, at their meeting in Vietnam.US council urged to send message on IPR violation crackdownThailand has asked the Asean-US Business Council to help provide information on the government's policy on sup?pression of copyright violation as well as protection of intellec?tual property.Thailand, Burma to sign another energy pactThailand and Burma are going to strike another energy deal today for the supply of natural gas from Block M9 and partially from Block M11, while the partnership agreement for the Hatgyi hydropower plant project is expected to be signed next May.GM sees big jump in parts procurementGeneral Motors Thailand will buy US$1 billion (Bt32.4 billion) worth of auto parts annually over three years when its new plants in Thailand start operating.Q2 GDP could hit 8%The Finance Ministry is expecting the second-quarter economy to chalk up growth of at least 8 per cent on robust exports and a strong recovery in domestic consumption and tourism.Show for SMEs goes upcountry with revisedKasikornbank and Workpoint Entertainment have revised the concept for their jointly produced TV show for SMEs called "SME Tee Tak" by expanding into the provinces in order to broaden opportunities for entrepreneurs and provide financial services.Wary of uncertainty in the West, Asian investors bank on fastest growing marketsThe HSBC Affluent Asian Tracker survey shows that affluent Asian investors, among the youngest of the world's wealthy, are riding on the recovery in the world's fastestgrowing markets while navigating through continued uncertainty in the West, particularly in Europe.Bilateral trade rises but UK official suggests improvementsBilateral trade between the UK and Thailand has increased this year from the same period 2009, showing resilience to the political crisis, said Steve Buckley, director of trade and investment at the British Embassy in Bangkok.Special zone for Mae Sot pushed to boost Burma tradeDespite controversy over a border closure, the Commerce Ministry will propose to the Cabinet establishment of an economic zone at Mae Sot, Tak province, covering 5,000 rai (800 hectares) to boost border trade between Thailand and Burma.Newsfeed display by CaRP |
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