MACO expands overseas
Master Ad (MACO) has formed a 40:60 joint venture with Malaysia-based EYE Ball Channel to manage outdoor media spaces at the exit way of Kuala Lumpur International Airport, targeting annual revenue of Bt30 million to Bt40 million.
President Noppadon Tansalaruk said the joint-venture company, MACO Outdoor, would get the rights to manage big advertising spaces under a concession of a local business partner near KLIA.
This is part of MACO’s plan to capitalise on the regional integration under the Asean Economic Community by expanding outside Thailand.
Companies apply for THSI
Up to 100 listed companies have applied to join the local bourse’s Thailand Sustainability Investment (THSI) initiatives, said Stock Exchange of Thailand executive vice president Bordin Unakul.
The SET will announce which companies have the qualifications to meet the THSI standard on October 15.
The THSI is part of the SET’s effort to encourage listed companies to develop their businesses to focus on the environment, social responsibility and good governance, he said.
Court dismisses TOT request
The Central Administrative Court has dismissed the TOT’s request to revoke an order by the National Broadcasting and Telecommunications Commission that the state agency has to submit to the NBTC a remedy plan to protect consumers after its 900-megahertz concession expires on September 30.
The court ruled that the order was lawful.
60% plan provincial holidays
About 60.21 per cent of respondents to a recent survey plan to spend their holidays in the provinces during the last three months of this year.
Based on the Nation University survey, 30.1 per cent have yet to decide on their year-end holiday plans, while 9.69 per cent plan to vacation overseas.
