Lone applicant for CAT chief executive post
The committee charged with selecting CAT Telecom's next chief executive officer has decided to proceed with the process despite receiving only one application.
Kittisak Sriprasert, a former senior executive vice president of CAT, was the only person to apply for the job during the December 26-January 9 application period. – The Nation
DTAC mulls compensation for network woes
Total Access Communication (DTAC) is considering whether to compensate customers affected by a disruption to its network on SundayJanuary 8, bearing in mind that it was caused by accidents. The company will make a final decision this week.
On Sunday, a brush fire in Phetchaburi and a car accident at another location in Prachuap Khiri Khan’s Pran Buri district destroyed its two critical fibre routes, severing service to the southern region.
The incidents follow the firm’s payment of a combined Bt350 million to compensate customers affected by separate network problems on December 21 and January 5. - The Nation
PTT considers Burma power-plant project
PTT Plc, Thailand’s biggest company, is studying whether to invest in a power plant in the Dawei project in Burma, chief executive officer Pailin Chuchottarworn said.
The company has yet to decide what kind of power plant it may invest in, following reports that Burma’s government had rejected a proposal for a coal-fired power plant at Dawei.
"We have to look for signs from the government there," Pailin said, adding that a gas-fired power plant would be problematic because of the lack of access to pipelines for the fuel. – Bloomberg
Ford: Flood damage worse than first thought
Ford Motor Co said floods in Thailand caused a 2011 loss for its Asia-Pacific and Africa region, preventing the automaker from achieving its goal of being profitable in all global business units.
"The impact of the Thai floods is a bit bigger than we anticipated," Ford chief financial officer Lewis Booth told analysts on Monday in a presentation at the Detroit auto show. – Bloomberg
Global PC industry stumbles in Q4: Microsoft
Microsoft Corp, the world’s largest software maker, said industry-wide sales of personal computers will probably be lower than analysts projected in the fourth quarter because supply was hurt by flooding in Thailand. Analysts have estimated that total PC shipments fell about 1 per cent in the period, Tami Reller, chief financial officer of Microsoft’s Windows unit, said at an investment conference on Monday. The actual number is probably lower, she said. – Bloomberg
Welcome for the ‘Golden Dragon’ on Jan 23
The Bangkok Metropolitan Administration will hold the Bangkok Chinatown Festival 2012 on Yaowarat Road in Samphanthawong district under the theme "The Realm of the Golden Dragon" on January 23, Bangkok Governor MR Sukhumbhand Paribatra said yesterday. – The Nation
