A bomb has exploded outside the offices of Nepal’s state-run oil company, killing three people. Monday’s attack was the first blast in the capital, Kathmandu, since 2009. Police say a remote-control bomb was detonated in front of the Nepal Oil Corporation during lunchtime.
Eastman Kodak Company plans to phase out its “dedicated capture devices” business. This business includes digital cameras, pocket video cameras and digital picture frames – in the first half of 2012. Kodak will instead expand its current brand licensing program, and seek licensees in these categories. Following this decision, Kodak’s Consumer Business will include online […]
Pattaya police arrested Russian Mrs. Olga Shendrik owner of the bankrupt Lanta Tour Thai International Co., Ltd. and provided assistance to the 341 stranded Russian holidaymakers in Pattaya. Pattaya, January 31, 2012 [PDN]; Pol. Lt. Gen. Dr. Panya Mamen Commissioner of Region 2 Police and Pol. Maj. Gen. Jamnong Rattanakul Chonburi police accompanied by police […]
BANGKOK, Dec 6 – Thailand’s severe flooding could put some 130,000 mainly outsourced workers at risk of being laid off as more than 13,000 companies cannot resume operations, according to the Department of Labour Protection and Welfare. Director-General Arthit Isamo of the Labour ministry’s Department of Labour Protection and Welfare said some 28,000 business operators […]
Seagate Technology (STX) raised revenue and gross margin guidance for the December 2011 and March 2012 quarters after the market closed yesterday. This confirms analyst speculation last month after the company announced its Q3 report that while being a horrible tragedy in terms of the loss of life and economic impacts, the Thailand flooding may […]
BANGKOK, Nov 15 – Twelve leading Thai corporations on Tuesday jointly launched a special fundraising project for the country’s post-flood relief and rehabilitation. Named “The Power of Thai”, the project was set up by 12 of Thailand’s leading private companies, including Thai Beverage (ThaiBev), Central Group of Companies, True Corporation, Bangkok Bank, GMM Grammy, Thai […]
Japanese Foreign Minister Koichiro Gemba has requested three urgent relief measures to help Japanese companies in Thailand recover from the severe flooding. During his meeting with his counterpart Surapong Towichakchaikul at the 23rd Apec Summit in Hawaii, Gemba asked the government to provide electricity and water to Japanese factories, waive import duties on equipment brought […]
BANGKOK, Sept 21 – Thailand’s PTT Exploration and Production (PTTEP) has found more natural gas in the AC/RL7 block in Australia, the company said in a statement released on Wednesday. The company expressed confidence that the block has high potential and was preparing to drill another appraisal well next year to confirm the preliminary petroleum […]
