<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>tivarati</title>
	<atom:link href="http://www.tivarati.com/feed" rel="self" type="application/rss+xml" />
	<link>http://www.tivarati.com</link>
	<description>Just another WordPress weblog</description>
	<lastBuildDate>Thu, 18 Mar 2010 12:05:16 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.1</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Boost Brain Power by BANNER BRIGHT</title>
		<link>http://www.tivarati.com/news/93771</link>
		<comments>http://www.tivarati.com/news/93771#comments</comments>
		<pubDate>Thu, 18 Mar 2010 12:05:16 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">iq98ed6a15107017e0c235fa7dceef690b</guid>
		<description><![CDATA[Osotspa Company, an importer and sole distributor of food supplement from U.S.A. introduces &#8216;Banner Bright Capsules&#8217;, the latest nutritional supplement to nourish brain. The Banner Bright Capsules is an extremely effective way to improve memory function for a sense of well being. It contains 18 Amino Acids]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Maxima Consultants</p>
<p>          Osotspa Company, an importer and sole distributor of food supplement from U.S.A. introduces &lsquo;Banner Bright Capsules&rsquo;, the latest nutritional supplement to nourish brain. The Banner Bright Capsules is an extremely effective way to improve memory function for a sense of well-being. It contains 18 Amino Acids plus 11 active ingredients for brain nutrients. The new supplement offers three retail sizes of 7, 30 and 100 tablets which are priced at 55, 250 and 880 Baht, respectively. It is now available at pharmacies, drugstores, convenience stores and modern trade nationwide. </p>
<p>          For more information, please contact<br />
          Maxima Consultants Company Tel 02-434-8300, 02-434-8547<br />
          Suchinda, Saengnapa, Vipaอan</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93771/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Siam Kempinski Hotel Bangkok to Open in June</title>
		<link>http://www.tivarati.com/news/93770</link>
		<comments>http://www.tivarati.com/news/93770#comments</comments>
		<pubDate>Thu, 18 Mar 2010 11:54:30 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">iq142b1215f6e8a1779e7da8aaf5e299a9</guid>
		<description><![CDATA[Kempinski, Europe's oldest luxury hotel brand, will open the Siam Kempinski Hotel Bangkok in June. The luxury city resort with 303 rooms and suites is located adjacent to a royal palace in the centre of Bangkok. All rooms overlook tropical gardens interspersed with extensive water features. Twenty two rooms have]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Siam Kempinski Hotel</p>
<p>          Kempinski, Europe&#8217;s oldest luxury hotel brand, will open the Siam Kempinski Hotel Bangkok in June.<br />
          The luxury city resort with 303 rooms and suites is located adjacent to a royal palace in the centre of Bangkok. All rooms overlook tropical gardens interspersed with extensive water features. Twenty-two rooms have direct private access to the pools in the garden.<br />
          General Manager, Mr Thomas Klippstein, said that the property will combine Kempinski&#8217;s trademark European sophistication and refinement with the finest of Thai hospitality standards.<br />
          &#8220;We aim to bring together the best of East and West and create an opulent sanctuary in the heart of the city,&#8221; said Mr Klippstein. &#8220;The Siam Kempinski will deliver a superlative hotel experience for leisure and business guests.&#8221;<br />
          The Siam Kempinski, which opens in June, will showcase its standards and traditions in outlets such as the Brasserie Europa, for European fine cuisine, the Sra Bua (&#8220;Lotus&#8221;) Thai restaurant, the T Lounge, serving the finest teas from around the world as well as cocktails and champagne, and the 1897 bar, named after the year that Kempinski first started business in Berlin.<br />
          The new property in Bangkok will also feature an executive lounge on the 17th floor, a 900 square-metre pillar-free ballroom, a rooftop spa, a kids&#8217; club, business centre and four suites including a Royal Suite with a private rooftop garden.<br />
          Afternoon fashion shows are being planned for the T Lounge. In a Kempinski tradition, a &#8220;lady in red&#8221;, a guest service officer in a flowing red dress will always be available to advise and assist guests. The grand lobby area with a 14-metre ceiling will feature two spiral staircases.<br />
          The Siam Kempinski will also include 98 serviced apartments called the Kempinski Residences Siam, which will have its own Bistro restaurant.<br />
          Thai artistic heritage is a key theme of the Siam Kempinski. The property will display 1,500 pieces of art, including over 200 original paintings and sculptures by Thai artists commissioned by the property.<br />
          Mr Klippstein said: &#8220;We are proud to support Thai artistic expression. We foresee the Siam Kempinski quickly becoming the preferred venue for important social events in the Thai capital.&#8221;<br />
          Editor&#8217;s note: images of Mr Klippstein, Siam Kempinski management, company logo and an artist&#8217;s exterior drawings of the property can be downloaded here.</p>
<p>          About Kempinski<br />
          The Kempinski name is proudly borne by a growing collection of distinguished properties around the world. As Europe&#8217;s oldest luxury hotel group, we are committed to providing our guests with memorable journeys inspired by exquisite European flair. We believe life should be lived with style.</p>
<p>          Each year, an increasing number of guests come to appreciate these qualities, as Kempinski adds new, exciting destinations in Europe, the Middle East, Africa and Asia. While this growth reflects the strength and success of the Kempinski brand, the collection will remain a limited one, where exclusivity can be nurtured and individuality can flourish.</p>
<p>          We believe that our prestigious, European heritage puts Kempinski in a unique position to anticipate the future needs of the stylish and discerning traveller.</p>
<p>          Since 1897, our employees have been a part of creating history around the world. From historic buildings to the most avant-garde of modern architecture, our properties are the setting for some of life&#8217;s greatest moments. For 113 years Kempinski has witnessed historic meetings between world leaders, celebrities taking sanctuary in the world of calm we create for them, and created incredible memories for guests on a &#8216;once-in-a-lifetime&#8217; journey.</p>
<p>          Siam Kempinski Hotel Bangkok<br />
          991/9 Rama I Road, Pathumwan, Bangkok 10330<br />
          Tel: +66 2 162 9000<br />
          Fax: +66 2 162 9009<br />
          Email: reservations.siambangkok@kempinski.com</p>
<p>          Website: www.kempinski.com</p>
<p>          Media contacts &#8212; Thailand<br />
          Ken Scott<br />
          ScottAsia Communications<br />
          Tel: +66 [0] 81 931 2753<br />
          ken@scottasia.net</p>
<p>          Khun Jittarat &#8216;Bim&#8217; Likhitkiatkul<br />
          Tel: + 66 [0] 86 712 9911<br />
          bim@scottasia.net</p>
<p>           Corporate<br />
          Ursula von Platen  Regional Director of PR UK, Ireland &#038; US ? Kempinski Hotels ? One Hardwicks Square ? London SW18 4AW ? United Kingdom<br />
          Tel +44 20 7198 8356  Fax +44 20 7198 8406 ? mobile +44 7798 610 291<br />
ursula.vonplaten@kempinski.com  www.kempinski.com</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93770/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Qualcomm Applies To Bid In India&#8217;s BWA Auction for 2.3 GHz Spectrum</title>
		<link>http://www.tivarati.com/news/93769</link>
		<comments>http://www.tivarati.com/news/93769#comments</comments>
		<pubDate>Thu, 18 Mar 2010 11:36:57 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Technology]]></category>

		<guid isPermaLink="false">iq2c66ffa51cb58d73a5b28a8632cb1b5d</guid>
		<description><![CDATA[&#8212; Plans to Facilitate Deployment of TD LTE to Enhance 3G WCDMA/HSPA and EV DO Networks and Address India&#8217;s Broadband Needs &#8212; Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies, products and services, announced that it has filed an application]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Aziam Burson-Marsteller</p>
<p>          &mdash; Plans to Facilitate Deployment of TD-LTE to Enhance<br />
          3G WCDMA/HSPA and EV-DO Networks and Address India&rsquo;s Broadband Needs &mdash;</p>
<p>          Qualcomm Incorporated (Nasdaq:  QCOM), a leading developer and innovator of advanced wireless technologies, products and services, announced that it has filed an application with the Indian Government to bid in India&rsquo;s upcoming auction for BWA (Broadband Wireless Access) spectrum in the 2.3 GHz band  to facilitate the deployment of TD-LTE.  TD-LTE is compatible with 3G WCDMA/HSPA and EV-DO, and will enable a seamless broadband experience for consumers within India and while roaming globally.  In India&rsquo;s unpaired 2.3 GHz spectrum band, TD-LTE is the technology best suited to complement current and upcoming 3G deployments and address India&rsquo;s rapidly growing demand for high bandwidth broadband services.  </p>
<p>          Through the use of integrated multimode devices that support TD-LTE as well as 3G and 2G technologies, TD-LTE will take advantage of the 3G and 2G ecosystems, thereby creating economies of scale to enable a broad choice of wireless broadband devices at affordable price points for Indian consumers.  TD-LTE enhances 3G networks and offers an attractive value proposition to end-users as well as the wireless ecosystem. </p>
<p>          Qualcomm has a history of participating in spectrum auctions to expedite the commercialization of new wireless technologies.  By participating in India&rsquo;s BWA spectrum auction, Qualcomm can foster the accelerated deployment of TD-LTE. </p>
<p>          If successful in winning spectrum in the auction, Qualcomm intends to secure Indian partners after completion of the auction and in compliance with the applicable Indian Foreign Direct Investment regulations.   Qualcomm and its partners intend to demonstrate TD-LTE technology with the goal of creating a TD-LTE infrastructure and device ecosystem that, in concert with 3G networks and devices, will support India&rsquo;s broadband goals.  Qualcomm and its partners will decide the venture&rsquo;s strategy in due course.  Qualcomm&rsquo;s goal is to attract an operator partner or partners into the venture at the appropriate time for construction of a TD-LTE network in compliance with the Indian Government&rsquo;s rollout requirement for the BWA spectrum and then to exit the venture.</p>
<p>          Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies.  Headquartered in San Diego, Calif., Qualcomm is included in the S&#038;P 100 Index, the S&#038;P 500 Index and is a 2009 FORTUNE 500? company.  For more information, please visit www.qualcomm.com.</p>
<p>          Qualcomm is a registered trademark of Qualcomm Incorporated.   All other trademarks are the property of their respective owners.</p>
<p>          Qualcomm Contacts:<br />
          Tina Asmar, Corporate Communications,<br />
          Phone:  1-858-845-5959<br />
          Email:  corpcomm@qualcomm.com</p>
<p>          Meena Nichani, Qualcomm India<br />
          Phone:  91-9320-355-275<br />
          Email:  mnichani@qualcomm.com</p>
<p>          Warren Kneeshaw, Investor Relations<br />
          Phone:  1-858-658-4813<br />
          Email:  ir@qualcomm.com</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93769/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Indigo Pearl appoints Michael Nurbatlian as a Sales Manager</title>
		<link>http://www.tivarati.com/news/93767</link>
		<comments>http://www.tivarati.com/news/93767#comments</comments>
		<pubDate>Thu, 18 Mar 2010 11:34:11 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Travel]]></category>

		<guid isPermaLink="false">iq6e918dd41fcdd48adb68e3c744c7de75</guid>
		<description><![CDATA[The Indigo Pearl announces the recent appointment of Michael Nurbatlian as Sales Manager. Michael, a Lebanese National with French heritage, holds a bachelor degree in Political Sciences from the American University in Beirut and a post graduate degree in Hospitality Operations from the renowned Glion hotel school in]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Indigo Pearl</p>
<p>         The Indigo Pearl announces the recent appointment of Michael Nurbatlian as Sales Manager. Michael, a Lebanese National with French heritage, holds a bachelor degree in Political Sciences from the American University in Beirut and a post graduate degree in Hospitality Operations from the renowned Glion hotel school in Switzerland. Prior joining the Indigo Pearl, Michael was the e-commerce executive in charge of online marketing at the 5 star Millennium Resort Phuket.</p>
<p>          For more information on Indigo Pearl, please visit www.indigo-pearl.com.<br />
          For reservations, please email info@indigo-pearl.com or call +66 (0)76 327 006.<br />
          For further information or high resolution images please contact:<br />
          Panchan Noimeecharoen<br />
          Public Relation Manager<br />
          Email: panchan@indigo-pearl.com<br />
          Tel: +66 (0) 7 6327 006, (0) 7 6327 015<br />
          Fax: +66 (0) 7 6327 338-9</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93767/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chevrolet Highlights &#8220;Brand Transformation&#8221; Strategy</title>
		<link>http://www.tivarati.com/news/93765</link>
		<comments>http://www.tivarati.com/news/93765#comments</comments>
		<pubDate>Thu, 18 Mar 2010 10:41:01 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Motor]]></category>

		<guid isPermaLink="false">iq641c4ac105750cfc921a0e97cb6084c5</guid>
		<description><![CDATA[Inspiration to Advance Concept To Enhance Customer&#8217;s Confidence Chevrolet New Colorado with Minor Changes is Unveiled to Cater to Fans of the Ultimate American Pick up Chevrolet&#8217;s &#8220;Brand Transformation&#8221; campaign, which encompasses a &#8216;corporate facelift&#8217; that focusses on enhancing]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Weber Shandwick</p>
<p>          &#8211; Inspiration to Advance Concept To Enhance Customer&rsquo;s Confidence Chevrolet<br />
          &#8211; New Colorado with Minor Changes is Unveiled to Cater to Fans of the Ultimate American Pick-up<br />
          Chevrolet&rsquo;s &ldquo;Brand Transformation&rdquo; campaign, which encompasses a &lsquo;corporate facelift&rsquo; that focusses on enhancing brand image (complete with an evolution of the &lsquo;Bowtie&rsquo; logo) and services to reinforce customer confidence, will be driven by the concept of Inspiration to Advance, which will be applied to everything from new models to services.<br />
          General Motors Thailand (GMTH) and Chevrolet Sales Thailand (CST)&rsquo;s &ldquo;Brand Transformation&rdquo; campaign will make its debut at the 31st Bangkok International Motor Show with the aim to the strengthen Chevrolet brand both in terms of services and image.<br />
          Highlights of the campaign is Chevrolet&rsquo;s new logo &mdash; a symbol to express the development of quality service for customers, as well as better dealer network coverage. The new changes also includes refined manufacturing processes for cars and pick-ups with superior quality, while comunications with strategic audience touchpoints will be upgraded to enhance reach. The transformation of the Chevrolet brand serves as a representation of GM&rsquo;s and Chevrolet Thailand&rsquo;s determination to better respond to the discerning needs of customers.<br />
          Mr. Martin Apfel, President of General Motors South East Asia Operations Co., Ltd., and Chevrolet Sales (Thailand) Co., Ltd., says, &ldquo;The &lsquo;Brand Transformation&rsquo; campaign&rsquo;s objective is to build a strong image for Chevrolet under the concept of Inspiration to Advance. With an aim to leverage the quality of services and overall management, including the organization&rsquo;s public image, we strive to promote customer confidence in the Chevrolet brand. This covers launches of new model lineups in the near future.&rdquo;<br />
          &ldquo;In addition to exciting new products that will be launched this year, we will also need to strengthen the Chverolet brand to emphasize our dedication to every part of our business. These will ensure the success of the brand in the long run.&rdquo; Mr. Apfel continues.<br />
          Upcoming products include the Chevrolet Colorado &mdash; the ultimate American pick-up truck with minor changes and the Chevrolet Captiva SUV which will be equipped with sportier equipment. In conjunction with the 31st Bangkok International Motor Show, Chevrolet will also offer many special promotions for prospective customers who reserve any of Chevrolet&rsquo;s models during the Motor Show. The appealing offers include above-market value trade-ins, quality assurances by Chevy OK, low monthly installments as well as other promotional packages. Chevrolet will be at A6 booth, BITEC Bangna Building, from March 26 to April 6, 2010.<br />
          About GM<br />
          General Motors Company, one of the world&#8217;s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 209,000 people in every major region of the world and does business in more than 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall, Wuling and Jiefang. More information on the new General Motors Company can be found at www.gm.com.</p>
<p>          For further information, please visit www.gmthailand.com and www.chevrolet.co.th<br />
          or please contact:<br />
          Paphada Tuanghirunvimon / Satapana Karnjanaprakorn<br />
          Weber Shandwick<br />
          McCann Worldgroup (Thailand) Ltd.<br />
          Tel: 02 343 6057, 081 621 2404<br />
          Email: Paphada@webershandwick.com / Satapana@webershandwick.com<br />
          Or<br />
          Sasinan Allmand<br />
          Public Relations Director<br />
          General Motors (Thailand) Limited &#038; Chevrolet Sales (Thailand) Limited<br />
          Tel: 0-2791-3400<br />
          Email: sasinan.allmand@gm.com</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93765/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TTA acquires Subsea Stake in the ME through Subsidiary and sells One Utility Vessel to Increase Investors&#8217; Returns</title>
		<link>http://www.tivarati.com/news/93762</link>
		<comments>http://www.tivarati.com/news/93762#comments</comments>
		<pubDate>Thu, 18 Mar 2010 10:06:32 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">iq62fe114d1af1ebd4aa868a94cce03866</guid>
		<description><![CDATA[Focusing on its long term business objectives, Thoresen Thai Agencies Plc and its subsidiaries are implementing strategic moves to remain competitive in the global marketplace, grow the group business, and maximize investors&#8217; returns. M.L. Chandchutha Chandratat, President and Chief Executive Officer of TTA,]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Neo Target</p>
<p>          Focusing on its long-term business objectives, Thoresen Thai Agencies Plc and its subsidiaries are implementing strategic moves to remain competitive in the global marketplace, grow the group business, and maximize investors&rsquo; returns.<br />
          M.L. Chandchutha Chandratat, President and Chief Executive Officer of TTA, revealed that Mermaid Maritime Public Company Limited (&ldquo;Mermaid&rdquo;), a key TTA subsidiary, just acquired Subtech Ltd. through its wholly owned subsidiary, Mermaid Offshore Services Ltd. (&ldquo;MOS&rdquo;).<br />
          Qatari-based Subtech is a professional provider of diving services for offshore and sub-sea civil engineering in the Middle East and the Persian Gulf. &ldquo;Subtech has a very good track record in the Middle East with a good group of professionals and should significantly enhance the business potential of the MOS fleet there, which should result in improved profitability.&rdquo;<br />
          He said the Greater Diversity and Balance strategy remains TTA&rdquo;s driving force and should lead to further acquisitions and diversification in the three main business groups of Transport, Energy, and Infrastructure. The acquisition of Subtech is one key strategic move to expand Mermaid&rsquo;s business, which will help diversify and balance TTA&rsquo;s overall business growth.<br />
          &ldquo;The acquisition cost of USD 7.5 million should deliver good shareholder returns, as it allows MOS to expand its provision of turnkey sub-sea engineering services into the bustling Middle East region. The acquisition will be fully funded internally from Mermaid&rsquo;s recent rights issue in 2009,&rdquo; said President &#038; CEO Chandchutha.<br />
          Incorporated in Seychelles, Subtech Ltd. has a 97% principal investment in Subtech Qatar Diving and Marine Services LLC (&ldquo;Subtech Qatar&rdquo;). Subtech Qatar is an IMCA member diving and sub-sea contractor incorporated in Qatar, servicing mainly the Middle East and Persian Gulf region.<br />
          &ldquo;MOS entered into an alliance agreement with Subtech Qatar in 2008 for the provision of dive support vessels (&ldquo;DSV&rdquo;) in the Middle East and Persian Gulf region. Subtech Qatar wanted to augment its capabilities and gain access to vessel assets and MOS had decided to expand geographically to increase its market share for DSV&rsquo;s. The co-operation under the alliance agreement has been fruitful to date, leading to the acquisition,&rdquo; said President &#038; CEO Chandchutha.<br />
          Following the acquisition, MOS plans to develop Subtech Qatar into a local contractor capable of providing quality turnkey sub-sea engineering services to local and international clients within the region and to expand MOS market presence in the region through mobilizing additional vessels and remotely operated vehicles (&ldquo;ROVs&rdquo;) as opportunities arises.<br />
          President &#038; CEO Chandchutha believed that being a local contractor will give MOS a natural advantage due to local knowledge, convenient base-support, and lower cost of mobilization. &ldquo;Offshore oil and gas activity in the Middle East and Persian Gulf region is set to increase as offshore fields begin to contribute a greater share of future production and reserves in the region,&rdquo; said M.L Chandchutha.<br />
          &ldquo;The MOS acquisition of Subtech therefore represents a geographical expansion that is logical in the face of growing business opportunities in that region. We are also pleased to have retained the existing Subtech management team which will allow us to get off the ground fairly quickly.&rdquo;<br />
          In addition, as part of Mermaid&rsquo;s ongoing fleet renewal and upgrade program, President &#038; CEO Chandchutha also announced the sale of one of its older vessels named &ldquo;Mermaid Responder&rdquo; to Dulam International Ltd. for USD 2.5 million with delivery on 12 March 2010.<br />
          The MOS fleet continues to expand, as &ldquo;Mermaid Asiana&rdquo; was delivered in January 2010 and presently undergoing final integration and commissioning of its dive system, while the &ldquo;Mermaid Endurer&rdquo; is scheduled for delivery, with dive system completed, in the third financial quarter of 2010.<br />
          Mermaid also announced the award of a three-year Chevron contract for call-out sub-sea services in Thailand, with services for the first year to include utilization of these two remaining utility vessels.<br />
          About TTA<br />
          Thoresen Thai Agencies plc (TTA) is amongst the top 50 companies listed on the Stock Exchange of Thailand. Its investment strategy is to grow through a diversified business portfolio of transport, energy, and infrastructure assets, both domestically and internationally. TTA is recognised as a leader in the dry bulk shipping industry. The company has also expanded its investment into other business areas, such as offshore services through Mermaid Maritime Public Company Limited, fertilizers and logistics through Baconco Co., Ltd., and coal-related businesses through Merton Group (Cyprus) Limited and Unique Mining Services Public Company Limited.</p>
<p>          For further information, please contact:<br />
          Thoresen Thai Agencies PLC. Neo Target Co.,Ltd. (PR Agency)<br />
          Ravisada Angkeeros or Ornsutee Kanchanomai Ms.Narueporn / Ms.Siriarpa<br />
          Tel: 02 254 8437 ext. 393 or 290 Tel.02-631-2290-5 Ext 307/304/306<br />
          Email: ravisada_a@thoresen.com OR E-mail:Narueporn@neotarget.com/<br />
          ornsutee_k@thoresen.com Siriarpa@neoTarget.com</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93762/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Speculative-Grade Composite Spread Expands To 608 Basis Points</title>
		<link>http://www.tivarati.com/news/93759</link>
		<comments>http://www.tivarati.com/news/93759#comments</comments>
		<pubDate>Thu, 18 Mar 2010 09:09:12 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">iq35438679c79967fa86581b9df0ef85ad</guid>
		<description><![CDATA[Standard &#038; Poor's investment grade composite spread remained unchanged yesterday at 180 basis points (bps), while its speculative grade counterpart expanded 6 bps to 608 bps. By rating, the 'AA' and 'A' spreads remained unchanged at 127 bps and 158 bps, respectively, and 'BBB' expanded one basis point to 215 bps. The]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Standard &#038; Poor&#8217;s</p>
<p>          Standard &#038; Poor&#8217;s investment-grade composite spread remained unchanged yesterday at 180 basis points (bps), while its speculative-grade counterpart expanded 6 bps to 608 bps. By rating, the &#8216;AA&#8217; and &#8216;A&#8217; spreads remained unchanged at 127 bps and 158 bps, respectively, and &#8216;BBB&#8217; expanded one basis point to 215 bps. The &#8216;BB&#8217; spread widened 4 bps to 436 bps and &#8216;B&#8217; and &#8216;CCC&#8217; expanded 7 bps each to 627 bps and 927 bps, respectively.<br />
          By industry, industrials and telecommunications widened by the largest margin of 2 bps each to 310 bps and 290 bps, respectively. Utilities followed, expanding by one basis point to 182 bps. Banks tightened one basis point to 252 bps and financial institutions remained unchanged at 281 bps.<br />
          Since their record highs in December 2008, the investment-grade and speculative-grade spreads have tightened in the range of their five-year moving averages of 197 bps and 570 bps, respectively. This is partially attributable to a rough 18% increase in both the moving averages since the beginning of 2009. But, it also reflects a recent optimistic sentiment in the credit markets&#8211;particularly the expectations for downgrades and corporate defaults to wane from their current near-record highs and an apparent stabilization in credit quality. We expect credit spreads to compress further, especially for nonfinancials, as the decoupling of systemic to idiosyncratic risk continues to normalize credit pricing. However, financials might remain volatile because of uncertainty regarding loan losses and some banks&#8217; ability to raise capital without government support.</p>
<p>          Media Contact:<br />
          Mimi Barker, New York (1) 212-438-5054, mimi_barker@standardandpoors.com</p>
<p>          Analyst Contact:<br />
          Diane Vazza, New York (1) 212-438-2760</p>
<p>          Key Contacts:<br />
          Americas Media Relations: (1) 212-438-6667<br />
          media_ relations@standardandpoors.com</p>
<p>          Americas Customer Service: (1) 212-438-7280<br />
          research_request@standardandpoors.com</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93759/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Accor packs its bags for Race to Survive Phuket 2010</title>
		<link>http://www.tivarati.com/news/93758</link>
		<comments>http://www.tivarati.com/news/93758#comments</comments>
		<pubDate>Thu, 18 Mar 2010 09:00:56 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[general]]></category>

		<guid isPermaLink="false">iqbf9d4af6f435b633cc0c09620c9c6871</guid>
		<description><![CDATA[Accor employees from around Asia Pacific are winging their way to Thailand, touching down this weekend on the island paradise of Phuket to commence final preparations for the &#8220;Accor Race to Survive 2010&#8221;. The Phuket based event will kick off on Monday March 22 as participants run, swim, bike and canoe over]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;Accor</p>
<p>          Accor employees from around Asia Pacific are winging their way to Thailand, touching down this weekend on the island paradise of Phuket to commence final preparations for the &ldquo;Accor Race to Survive 2010&rdquo;.<br />
          The Phuket-based event will kick off on Monday March 22 as participants run, swim, bike and canoe over four grueling days (March 22 to 25) of fun-filled competition to raise funds for Accor Yim Kids Foundation, established by the company to improve the social well being of Thai children.<br />
According to Accor Director of Operations &#8211; Thailand, Paul Stevens, months of hard work are coming to fruition and participants are chomping at the bit for the race to begin.<br />
          &ldquo;With only days to go, the Race to Survive teams are buzzing with excitement! Last minute touches are being ironed out and this unique event looks ready to fly. The feedback from the teams from around Asia Pacific is that their training has gone well, as has their fundraising with an overwhelming amount raised thus far,&rdquo; Mr. Stevens, said.<br />
          At press time the &ldquo;Accor Race to Survive Phuket 2010&rdquo; had risen to nearly US$120,000 from the fund raising activities of 23 competing teams comprised of Accor employees. The organizers are confident that this tally will continue to grow as the event nears commencement.<br />
          Michael Issenberg, Chairman and COO of Accor Asia Pacific, said: &ldquo;This major fundraising event would never come this far without our devoted participants and like-minded sponsors. I am humbled by the overwhelming support we have received, and proud that we can improve these children&rsquo;s lives and make a difference creating lasting smiles upon their faces.&rdquo;<br />
          Accor Race to Survive &mdash; Phuket, Thailand<br />
          Accor Race to Survive is an established, dynamic fundraising event to raise funds through sponsorship of teams that are made up of Accor employees and friends. Over the course of four days &#8211; March 22 &#8211; 25, 2010 &#8211; teams from all corners of the globe will travel to Phuket and will push their bodies and minds to the limit, completing strenuous daily combinations of swimming, mountain biking, kayaking and running. Many of the team members participating in the race are hoteliers, not professional athletes, but all are training hard and truly committed to the fundraising event.<br />
          Each team is required to raise a minimum of US$7,000 as their entry fee and donate their time and energy to participate in this significant fundraising event, bringing attention to the cause and showcasing Thailand as a world-class tourist destination.<br />
          As well as team fundraising and public support the success of Accor&rsquo;s Race to Survive for Yim Kids is reliant on the sponsorship and generosity of corporate sponsors. Gold sponsors of the event are: Accor Asia Pacific, Ecolab, HotelTravel.com, King Power Group, Syntec and V Australia.<br />
Yim Kids Foundation projects<br />
          Through the Yim Kids Foundation, Accor is creating sustainable, incremental and prudent improvements to the social well being of children. The funds raised will support four projects, each selected and planned carefully, ensuring sustainability and that it will reach out to assist those children that really need a helping hand:<br />
          1. Support the cost for children&rsquo;s education in the Mercy Centre&rsquo;s Bangkok slum school. There are around 300 children at the school and the cost for each child to receive a proper education is approximately US$57 per child per year.<br />
          2. Support the health and medical-related cost for 63 orphaned and abandoned children with HIV/Aids at the Mercy Centre.<br />
          3. Assist communities in Koh Lon by expanding their sustainable fishing program to improve their livelihoods, enabling the children from these communities to continue their secondary-level education in Phuket.<br />
          4. Provide education funds to help the children of sea gypsies and rubber tree tappers in Phuket whose livelihoods and way of life have been affected by the Tsunami in 2004.<br />
          Companies or individuals who would like to contribute to either &ldquo;Accor Race to Survive Phuket 2010&rdquo; or the Yim Kids Foundation can do so by logging on to www.yimkids.com .</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93758/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>TRIS Rating Affirms Ratings of &#8220;PTTEP&#8221; at &#8220;AAA&#8221; with &#8220;Stable&#8221; Outlook</title>
		<link>http://www.tivarati.com/news/93757</link>
		<comments>http://www.tivarati.com/news/93757#comments</comments>
		<pubDate>Thu, 18 Mar 2010 08:35:00 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">iq25ab5314d56a2900966a46ca2398640d</guid>
		<description><![CDATA[TRIS Rating Co., Ltd. has announced an affirmation to the company rating of PTT Exploration and Production PLC (PTTEP) and the ratings of PTTEP&#8217;s senior debentures at &#8220;AAA&#8221; with &#8220;stable&#8221; outlook. The ratings continue to reflect PTTEP&#8217;s leading position in the petroleum exploration]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;TRIS Rating</p>
<p>          TRIS Rating Co., Ltd. has announced an affirmation to the company rating of PTT Exploration and Production PLC (PTTEP) and the ratings of PTTEP&rsquo;s senior debentures at &ldquo;AAA&rdquo; with &ldquo;stable&rdquo; outlook. The ratings continue to reflect PTTEP&rsquo;s leading position in the petroleum exploration and production (E&#038;P) industry in Thailand, solid asset base, the support received as the E&#038;P arm of the Thai government, and strong financial profile. The ratings also take into consideration the large capital expenditures planned for 2010-2014 and the execution risk in overseas operations.<br />
          The &ldquo;stable&rdquo; outlook reflects TRIS Rating&rsquo;s expectation that PTTEP will be able to maintain its healthy financial position, despite the large capital expenditures planned for 2010-2014. The company&rsquo;s financial policy is expected to remain conservative to accommodate the high fluctuations in petroleum prices and higher operating risk from overseas operations.<br />
          TRIS Rating reported that PTTEP is the leading petroleum E&#038;P company in Thailand. It was established in 1985 to hold petroleum concession rights on behalf of the Thai government. As of February 2010, PTT PLC (PTT), the national oil and gas company, held a 65.4% stake in PTTEP. PTT and PTTEP remain state enterprises as defined by Thai law. As the E&#038;P arm of PTT and the Thai government, PTTEP has leveraged its position to participate in high potential petroleum projects in Thailand and abroad.<br />
          TRIS Rating said, as of December 2009, total proven petroleum reserves owned by PTTEP, including reserves from overseas projects, were 1,099 million barrels of oil equivalent (mmboe), a 16.4% increase from 2008. The increase in reserves derived mainly from the M9 project, as PTTEP succeeded in concluding terms and conditions of the gas sales agreement (GSA) with PTT and the Myanmar government. Reserves from overseas projects constituted 40% of total proven reserves in 2009, rising from 31% in 2008. Given the sales volume of 233,756 barrels of oil equivalent per day (boed) for 2009, the reserves should last about 12 years, which is comparable to reserves at world-class E&#038;P companies of 10 to 15 years. As of February 2010, the company had 42 projects on hand, 19 of which were in the production phase, with the remainder in the exploration and development phases.<br />
          PTTEP&rsquo;s operating efficiency is competitive compared with international E&#038;P peers. Its lifting cost increased from US$2.46 per barrel of oil equivalent (boe) in 2008 to US$3.16 per boe in 2009, due mainly to the high lifting costs in new production projects. The three-year average cost ending in 2009 for finding and development (F&#038;D) decreased to US$11.10 per boe from US$15.67 per boe in 2008, as the amount of reserves increased. The company&rsquo;s financial position remains strong. As of December 2009, the debt-to-capitalization ratio was healthy at 33.4%, though up from 13.8% in 2008, due to heavy capital expenditures for the developments of the Arthit North and the Malaysia-Thailand joint development area (MTJDA) projects and acquiring many projects in Australia. The earnings before interest, tax, depreciation and amortization (EBITDA) interest coverage ratio was 46.2 times in 2009. Due to softer petroleum prices in 2009 compared with 2008, sales decreased by 12.9% to Bt115,548 million, while sales volume increased by 6.6% to 233,756 boed. The operating margin before depreciation and amortization remained relatively high at 71.6% in 2009, slightly down from 74.1% in 2008. Net profit decreased by 46.8% to Bt22,154 million, as the company recorded the expenses of Bt9,086 million for an oil and gas leak and fire incident in the Montara field, Australia. The additional expenses for this incident have been estimated at approximately Bt1,000-Bt2,000 million in 2010. The company expects to receive an insurance payment of US$226 million during 2010-2011. The start-up of the Montara project will be delayed to the second half of 2011.<br />
          Planned expenditures for 2010-2014, which include capital and operating expenditures, of Bt429,096 million are lower than the previous plan. Approximately 65% of this budget is for capital expenditures, with investments mainly in Thailand (59%), Southeast Asia (24%), and Australia (13%).<br />
          Capital spending of approximately Bt70,000-Bt80,000 million per year during 2010-2011 are projected to be funded largely through operating cash flow of Bt50,000-Bt60,000 million per year. Additional debt of Bt15,000-Bt20,000 million per year would slightly weaken the healthy balance sheet. However, the company has high liquidity, with a combined balance of cash and short-term investments of Bt48,678 million as of December 2009, said TRIS Rating. </p>
<p>          PTT Exploration and Production PLC (PTTEP)Company Rating: Affirmed at AAAIssue Ratings:<br />
PTEP106A: Bt6,000 million senior debentures due 2010 Affirmed at AAAPTTEP125A: Bt18,300 million senior debentures due 2012 Affirmed at AAAPTEP126A: Bt3,500 million senior debentures due 2012 Affirmed at AAAPTTEP135A: Bt5,000 million senior debentures due 2013 Affirmed at AAAPTTEP145A: Bt11,700 million senior debentures due 2014 Affirmed at AAAPTEP183A: Bt2,500 million senior debentures due 2018 Affirmed at AAAPTTEP195A: Bt5,000 million senior debentures due 2019 Affirmed at AAAPTEP226A: Bt3,000 million senior debentures due 2022 Affirmed at AAA<br />
Rating Outlook: Stable</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93757/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>SCB Platinum Card offers superb privileges with &#8220;One Get One 2010&#8221; campaign</title>
		<link>http://www.tivarati.com/news/93756</link>
		<comments>http://www.tivarati.com/news/93756#comments</comments>
		<pubDate>Thu, 18 Mar 2010 08:02:52 +0000</pubDate>
		<dc:creator></dc:creator>
				<category><![CDATA[Economy]]></category>

		<guid isPermaLink="false">iq525b32dfececd561a7dc7412a1ac8ca8</guid>
		<description><![CDATA[To consolidate its leadership in the platinum card market, SCB Platinum Credit Card is taking the unprecedented step of offering superb privileges featuring double points for every purchase and a wide range of benefits with a new &#8220;One Get One 2010&#8221; campaign. Aside from entitling cardholders to book one]]></description>
			<content:encoded><![CDATA[<p>          Bangkok&#8211;18 Mar&#8211;SCB</p>
<p>          To consolidate its leadership in the platinum card market, SCB Platinum Credit Card is taking the unprecedented step of offering superb privileges featuring double points for every purchase and a wide range of benefits with a new &ldquo;One Get One 2010&rdquo; campaign. Aside from entitling cardholders to book one night/ get one night free for room accommodations at leading hotels nationwide, the cardholders can also enjoy &ldquo;One Get One&rdquo; offers for free buffet meals at superior restaurants, products at participating shops, and many other benefits offered by leading brands in the tourism, restaurant, product, health, and recreation categories throughout 2010. For further information, please visit www.scbcreditcard.com or contact the SCB Call Center at 02-777-7777</p>
]]></content:encoded>
			<wfw:commentRss>http://www.tivarati.com/news/93756/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
