Briefs

Tripetch Isuzu Sales yesterday announced the promotion of Panadda Jennavasin from senior vice president to executive vice president, with effect from August 1.
 Panadda will as a result be the first Thai woman to sit on the management board of the Isuzu Motor and Mitsubishi Corp group worldwide.
 Widely respected in Thailand’s automobile industry, Isuzu has also recognised her strong capability and management style, which focuses on team building.
 Panadda joined Tripetch Isuzu Sales in 1977 and the company has been her only place of work.
 She was appointed to sit on Tripetch Isuzu Sales’ management board as company director in 2001, was made a vice president in 2007, and became senior vice president in 2012.
 She is also a director at Tripetch Isuzu Leasing and Tripetch Insurance Service.
 Panadda graduated with a master’s in international trade from Hitotsubashi University in Japan, after being awarded a Japanese government scholarship.
 She attained her bachelor’s degree from Thammasat University’s Faculty of Commerce and Accountancy.
 
SHOPS COMPLAIN OVER
FIZZY-DRINK PRICES
The Commerce Ministry has received complaints from shops about fizzy-drink producers raising their selling prices from Bt10 per glass bottle or can to Bt12.
 The beverage-makers cite higher sugar prices and the increase in excise duty for drinks with sugar content for the price hike.
 However, on the plus side for retailers and consumers, the content of a fizzy-drink can has been increased by 5 millilitres to 245ml, although the size of a bottle remains at 250ml.
 Fizzy drinks are among 205 product items on the Internal Trade Department watch list for prices, with bi-weekly monitoring.
 Wiboonlasana Ruamraksa, director-general of the department, insisted yesterday after a price monitoring at the Market Organisation for Farmers market that prices of products for daily consumption – particularly fresh vegetables and meat – remained steady.
 
SEC IMPOSES FINES FOR DHIPAYA SHARES FRAUD
The Criminal Fining Committee of the Securities and Exchange Commission (SEC) has imposed financial penalties totalling Bt8.6 million on Somporn Suebthawilkul, Thaisri Insurance Plc, Natee Panichewa and Kerati Panichewa for using non-public information to sell shares in Dhipaya Insurance Plc.
 Following a referral from the Stock Exchange of Thailand, an SEC investigation revealed that between August 28, 2012, and October 30, 2012, Dhipaya Insurance’s executive (Somporn), major shareholder (Thaisri Insurance) and related persons (Natee and Keratei) had used non-public information that would affect the company’s share price to gain an unfair advantage by selling shares to avoid a loss from the reduction in the share price.
 
LOCAL AGENT TO GROW THAILAND ELITE CARD

The Thailand Privilege Card Co Ltd (TPC), operator of the exclusive Thailand Elite Card membership programme, has appointed Nice Fare Services Co Ltd as an authorised general sales and services agent to grow card membership in Myanmar.
 The contract is valid until February 24, 2018.
 Established in April 2004, Nice Fare Travel is a well-known, reputable travel agency and tour operator in Myanmar.
 The contract-signing was attended by around 300 people, including Myanmar businesspersons and local celebrities.