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TMB Bank yesterday announced a reduction in its lending rates, following the lead of Kasikornbank and Siam Commercial Bank (SCB).

The bank will lower its minimum loan rate and minimum overdraft rate by 10 basis points and minimum to 7.025 per cent and 7.675 per cent but will keep minimum retail rate at 8.025 per cent. The new rates will be effective on Monday.

Fruit on the borders

The Commerce Ministry plans to set up 10 sales points along the country’s borders to market fruit during the harvest season, when there is usually a glut and falling prices hurt farmers, Duangkamol Jiambutr, spokeswoman for the ministry, said yesterday.

Samsung tv pulls out

South Korean electronics giant Samsung has stopped television production in Thailand.

Production ended in the first quarter, a spokeswoman in Seoul said yesterday while declining to say if production had moved to Vietnam.

One reason was to make production more efficient worldwide, she said. – DPA

Workpoint pays the fee

Workpoint Entertainment yesterday forked over Bt333.3 million as the second instalment of the digital licence fee, Takorn Tantasith, secretary-general of the National Broadcasting and Telecommunications Commission, said.

CMO pins its future

CMO has opened a Bt50 million, 1,400-square-metre playground and learning centre called Imaginia at the new EmQuartier shopping complex.

The new attraction for children aged 1-15 is expected to help the event organiser achieve its goal of Bt1.2 billion in revenue this year, Sermkhun Kunawong, chief executive officer, said.