Briefs

Helman Sitohang, Credit Suisse chief executive for Southeast Asia, has been named head of the investment bank for Asia and the Pacific, to strengthen the positioning of Credit Suisse’s equities, fixed-income and investment-banking businesses in the region. He will be based in Singapore.
Indonesian-born Sitohang joined Credit Suisse in 1998 in his home country. During his 14-year career, he has worked on numerous landmark transactions across asset classes and products for clients in the Asia-Pacific region and globally.
He was appointed co-head of investment banking for Asia and the Pacific in 2009 and CEO for Southeast Asia in 2010.

Sansiri condos planned
Sansiri will invest more than Bt1.4 billion to develop two condominium projects in Hua Hin and Phuket.
The first project, Baan Piang Ploen Hua Hin worth Bt662 million, will consist of eight-level buildings with 352 units altogether, ranging from studio type to one- and two-bedrooms. Prices will start at Bt1.55 million, and presales will begin from December 5 and 9.
The second project, Dcondo Mine, is worth Bt724 million. It will consist of two eight-level condo buildings with 436 units altogether, ranging from 29-square-metre studios to 60sqm two-bedrooms. Prices will start from Bt1.29 million, and presales will be held on December 1 and 2.

Thaicom serves Africa
Thaicom will expand into Africa next year by offering “Africom by Thaicom”, a full-range satellite communications service provided by its Thaicom 6 satellite.
Thaicom 6 will dedicate its transponder bandwidth named “Africom-1” specifically to provide these services to broadcasters and telecommunications operators in Africa. – The Nation