วันพุธที่ 3 สิงหาคม พ.ศ. 2554

GH Bank raises fixed-deposit rates

The fixed rate on deposits below Bt3 million for three months stays at 2.25 per cent while that for deposits over Bt3 million for the same period is 2.50 per cent. The current deposit rate rises to 0.50 per cent from 0.25 per cent.
The minimum lending rate went up by 25 basis points to 7.125 per cent from 6.875 per cent.
Mother's Day treat
Bangkok Metro, operator of the capital's MRT subway system, is waiving fares for all mothers riding its trains with their children on Mother's Day, August 12.
To be eligible for the free ride, the mothers and their children must identify themselves at ticket booths and get coupons. The free ride is given only to mothers, while their children are subject to normal fares.
Overseas-call drive
TOT will focus more on promoting its Net Call Internet-based overseas-call service in the near future to expand its customer base, senior executive vice president Morakot Tienmontri said yesterday.
TOT targets overseas-call revenue of about Bt1 billion this year, of which Bt220 million will be from its 008 service.
Yesterday it cut the 008 rate on calls to Hong Kong or Canada to Bt2 per minute from Bt3 to increase competition. The promotional rate will last for three months. It has expanded its call destinations to 229 countries from 153.
Storm impact slight
Tropical Storm Nock-Ten, which caused little flooding in 10 provinces in the Northeast, will have had only a small impact on rice production, affecting 160,000 rai (25,600 hectares) of the total 62 million rai of rice plantation in the country.
Chookiat Ophaswongse, honorary president of the Thai Rice Exporters Association, said yesterday that Thai rice production was expected to reach the highest rate in many years at 25 million tonnes of paddy rice.
The short-term flooding will not destroy production. In fact, it has benefited many plantation areas. However, if the water cannot be drained quickly, it may cause more losses, he said.
Promotions lure most
Sixty-three per cent of Thais are attracted by retail promotional offers when it comes to grocery shopping, according to Nielsen's latest "ShopperTrends" report.
The report also found that while value is in focus, consumers were more loyal to both brands and stores than in 2008. When asked how promotions affected their supermarket/hypermarket shopping, 24 per cent of Thai shoppers said they only bought on promotion when they like the brand (up from 16 per cent in 2008). This increase in loyalty also extends to stores: nearly three-quarters (73 per cent) of shoppers claimed that they always went to the same stores, up from 63 per cent in 2008 and 69 per cent in 2009.
Hypermarkets continued to be the favourite primary shopping channel, with 92 per cent saying they visited in the past four weeks,
S 11 offers bike loans
S 11 Group Co has emerged as a new provider of motorcycle hire-purchase loans, with backed by local and foreign investors.
With Land & Houses Retail Bank's financial support, the group expects to cash in on robust demand that pushed motorcycle sales beyond 1 million units in the first half of this year. S 11 Group will focus its business in Bangkok and peripheral areas. Samart Jiradamrong, managing director and CEO, said he did not have a market-share target.

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