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PTT to post 2011 revenue of Bt2tn
PTT will post revenue of more than Bt2 trillion this year, and sales will grow more than 10 per cent next year, chief financial officer Tevin Vongvanich said.
The company will go ahead with a plan to sell Bt40 billion of bonds next year, of which Bt20 billion will be offered next month, Tevin said.
Meanwhile, IRPC expects net income and revenue to grow as much as 15 per cent next year on rising production capacity, president Atikom Terbsiri said.
The company expects revenue this year of Bt230 billion, Atikom said yesterday. – Bloomberg
VN visitors up 20%
The number of foreigners visiting Vietnam this year increased nearly 20 per cent over last year as the global tourism industry saw a recovery, authorities said yesterday.
Vietnam held a ceremony to welcome its 6 millionth international visitor, Frenchman Curvalle Barnard Francois, on Monday, the Vietnam National Administration of Tourism said. Last year the country attracted more than 5 million foreign visitors.
“The number of international visitors increased sharply in recent months thanks to floods in Thailand and social unrest in North Africa,” agency director Nguyen Manh Cuong said. “Visitors choose Vietnam as a safer place to see.” – DPA
Loans for Burma port
Italian-Thai Development expects to secure at least US$12.5 billion (Bt390 billion) in loan agreements within the next year to develop a port and industrial estate in Burma, chairman Premchai Karnasuta said yesterday. – Bloomberg
