Briefs

The project adviser and manager of the second-phase development plan for Suvarnabhumi Airport is expected to sign a contract with Airports of Thailand tomorrow.

AOT president Aniruth Thanomkulabutr will be at the press conference with Chaisak Sripadungtham, president of PCBK International Co Ltd, which is a member of the project management consortium. According to the press invitation, the consortium consists of PCBK International, Chotichinda Mouchel Consultants, Epsilon and Oriental Consultants.

The long-delayed second phase calls for a new passenger terminal and a third runway. – The Nation

Balance-sheet warning

The Business Development Department has warned entrepreneurs to submit balance sheets to the department within this month; otherwise, they will subject to a Bt50,000 fine.

Deputy Commerce Minister Siriwat Kajornprasart said that only 30 per cent of enterprises normally submit their balance sheet to the department. This year, the department is targeting balance-sheet submissions from 90 per cent of registered firms.

Under the Accounting Act, every company must submit its balance sheet to the department by May 31 each year.

If they cannot meet the deadline, firms are subject to a fine ranging from Bt20,000 to Bt50,000.

Moreover, the department yesterday launched the anti-corruption centre’s hotline 1570 to receive complaints from the public about non-transparent practices by government officials. The hotline will be operated 24 hours a day. – The Nation

BBL to assist Japan’s Oita Bank

Bangkok Bank and Japan’s Oita Bank have struck an agreement to help Japanese companies set up businesses in Thailand.

In the agreement signed by Bangkok Bank president Chartsiri Sophonpanich and Oita Bank president Shoji Himeno, Bangkok Bank will provide financial services and advice on how to start new businesses in Thailand, as well as information about politics, the economy and finance. The contract was awarded thanks to BBL’s extensive network in Asean.

According to the bank, social and economic changes such as deflation and the strong yen are affecting the competitiveness and profitability of companies in Japan, which are looking to invest in production facilities and supply chains in foreign countries including Thailand. – The Nation

DTAC ties up with German firm

Deutsche Telekom International Carrier Sales & Solutions (ICSS), the wholesale arm of Deutsche Telekom AG, announced yesterday that Telna in North America and DTAC in Thailand have signed contracts for the German firm’s Wi-Fi Mobilize service.

The service gives Telna and DTAC customers access to the largest commercial-grade global Wi-Fi footprint available, with more than 700,000 hotspots in 117 countries and territories worldwide. – The Nation