General News

Medical hubplan ready to woo 2m foreign patients

The Public Health Ministry targets two million foreign patients and annual medical receipts of Bt80 billion from abroad by 2010. To achieve the target the ministry has drawn up six strategies to promote

Mingkwan upbeat on his new post

Newly-appointed Industry Minister Mingkwan Sangsuwan sets the priority to restore foreign investor confidence. On the first day in office, he said that the first mission is to attract foreign investment. He

Record export growth in June

Thailand witnessed a 27.4 per cent annualised increase in June exports to a record US$16.3 billion, against the $15.6 billion imports which resulted in a trade surplus in the month, according to the

Megaprojects roadshow focus

Thailand's 1.6-trillion-baht megaproject programme will be the highlight of the country's roadshow presentations to investors next month, Finance Minister Surapong Suebwonglee said yesterday. The

Thailand economy steady amid political tremors-IMF

Thailand's economy is resilient despite domestic political uncertainty and global financial market turmoil, the International Monetary Fund said on Wednesday. Thai authorities should monitor signs of rising

Indonesia, Malaysia, Thailand agree on transportation cooperation

Indonesia, Malaysia and Thailand have agreed to establish cooperation in the transportation sector, partnership and international relations division chairman of the Indonesian Chamber of Commerce and

World Bank ranks Thailand as 15th best place for business

Thailand is now ranked 15th out of 178 countries throughout the world by the World Bank as the most attractive place to conduct business, according to Gianni Zanini, a leading economist of the World Bank.

Business News

Consultant plans to open office in Rayong

The engineering and architectural consultant Chuchawal Royal Haskoning will set up an office in Rayong within a few months to support its new customer, PTT Chemical, and potentially other clients

1-Tuna exporter Thai Union Frozen ups sales target

Thai Union Frozen Products PCL (TUF), Asia's biggest canned tuna exporter, said its 2008 sales may exceed $2 billion, up 11 percent from an earlier target of $1.8 billion, on strong tuna sales and new

Paradise for retirees

With nothing certain in life including their retirement pensions, Europeans are actively searching for good places to live, and Hua Hin is emerging as a prime destination. Tapping the rising trend are the 

Japan still keen on Thailand

Japanese investors still see Thailand as a strong destination for investment despite the political tension, according to Akao Nobutoshi, the secretary-general of the Asean-Japan Centre. He said there were a

Mizuho happy with quality over quantity

The joint general manager of Mizuho Corporate Bank in Thailand, Mr Wakaume says the focus for the bank is sustainable growth. ''Despite being a smaller bank, we believe Mizuho is beautiful enough,'' he said

Energy

China, Thailand team up on energy

China and Thailand have agreed to partner on renewable energy. The two countries, both facing huge growth in energy demand, will work together to develop sustainable energy sources and address global 

A-Power Energy Generation Systems to build new power plant in Thailand

The Chinese company A-Power Energy Generation Systems Ltd. will build a power plant in Thailand. A-Power Energy Generation Systems Ltd. announced that it has signed a memorandum of understanding

Marubeni wins cogeneration power plant order in Thailand

Major Japanese trading house Marubeni Corp. said Wednesday it has received an order to build a gas-fired cogeneration power plant from an electricity producer in Thailand. Marubeni won the order, worth some

Organic Potential

Thai food producers should consider more investment in organic products to meet high world demand, say Mr Yutthasek Supasorn, the director of the Nation Food Institute (NFI). The market vakue of global 

Asia lighting the way in solar-cell technology

Several solar-cell manufacturers have emerged in Asia in recent years to tap increasing demand for alternative energy in the wake of growing concerns of the effects of global warming - a central theme of the G-8

Automotive

G.M. is expected to announce expansion in Thailand

Local sales, exports drive output up 20% in first half

Thai auto exports jump nearly 23 percent in June

Toyota announces Camry Hybrid production in Thailand

Fiat interested in setting up a Thai production plant