Briefs

Siam Cement Group president and CEO Kan Trakulhoon has received the Ishikawa-Kano Award 2011 for his contributions to the practice of total quality management (TQM).
The award was presented by Dr Noriaki Kano, honorary chairman of the Asian Network for Quality (ANQ). Kano is a recognised master of TQM.
The Ishikawa-Kano Award, organised by ANQ, is granted to a person who has made substantial contributions to the advancement of theories and practices of quality management in the Asia-Pacific region. – The Nation

Funeral services for banker Sompong

Funeral services are being held at Wat Makut Kasattriyaram (Sala 13) in Bangkok for former Bank of Thailand deputy governor Sompong Thanasophon, who died on Wednesday.
A bathing rite was held yesterday, and religious services were to be held yesterday, today and tomorrow, starting at 7pm. The cremation will take place at 2pm on October 8. – The Nation

Hana Bank taps Thai bond market

Hana Bank, South Korea’s No 4 lender, said it had raised Bt8 billion by selling its first bonds in Thailand in an effort to diversify its foreign-currency funding sources.
Hana Bank said the three-year bonds carried an interest rate of 4.68 per cent, or 2.63 percentage points above the Libor (London Interbank Offered Rate). – The Nation

TPK plant to convert to biomass

Biomass power-plant contractor DP CleanTech will convert an ageing coal-fired power plant to operate on biomass for TPK Ethanol of Thailand, Viaspace Green Energy reported.
TPK is building a plant to convert cassava into 1 million litres of bio-ethanol per day. The bio-ethanol plant will require both electricity and steam from the biomass boiler. – The Nation