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Finance raises criteria for candidates
The Ministry of Finance – as the major shareholder of state enterprises – is adding the qualifications of candidates in Director Poll in the hope of increasing work the efficiency and transparency of state enterprises.
The State Enterprise Policy Committee has been assigned to designate the proper qualifications of people listed in Director Poll, said Chakkrit Parapuntakul, Ministry of Finance deputy permanent secretary.
In broad terms, candidates must have knowledge, capabilities, transparency and dedication.
The Government Lottery Office (GLO) will today nominate four candidates for director-general.
Charin Chakkaphak, chairman of the nomination committee, said that after yesterday’s interviews the best candidate would be nominated for the committee to consider today.
The four candidates are Maj-General Pichit Boonyatikarn, Colonel Kosit Pacharakarukanont, Second Lieutenant Kittinant Yatinant and Songwutthi Aphirakkhit.
The new GLO head is expected to be appointed by the end of the month.
Phone lost on delivery
Thailand Post Co has found that an iPhone 4S was lost during delivery and has notified police, its president Anusara Chittmittrapap said.
The state agency started its own probe last week after receiving a complaint from Piyanush Senamitr that stated her elder sister sent an EMS parcel containing the phone to her from an authorised postal agency at Rangsit University on July 3.
The package arrived at her address in Nakhon Si Thammarat two days later but the phone was gone and in its place was a stone.
Myanmar telecom eyed
Japanese mobile carrier KDDI said yesterday that it planned to link up with trading house Sumitomo in a deal to invest about US$2 billion in developing wireless networks in Myanmar, as the country opens up after years of military rule.
The move will see the Japanese giants pair up for a joint venture with state-owned Myanma Posts and Telecommunications.
The tie-up will result in $2 billion being invested over a decade to boost phone networks in a country where only about 10 per cent of the 65-million strong population has access to mobile phones, one of the lowest rates in the world, KDDI said.
The business, KDDI Summit Global Myanmar, will upgrade the domestic carrier’s existing network and expand its mobile coverage, the spokesman said. – Agence France-Presse
IPOs to raise far more
Thai companies are expected to double the total amount raised through initial public offerings in the second half of the year compared to the first six months after the benchmark stock index surged to its highest valuation in 13 months.
Southeast Asia’s fourth-largest exchange by capitalisation expects about 30 new listings to raise at least Bt100 billion, Chanitr Charnchainarong, the bourse’s executive vice president, said yesterday.
Seventeen IPOs raised Bt52 billion in the first half of the year, he said. – Bloomberg
