General News

Foreign investors show their strong confidence in Thailand

The year 2007 was perceived by the public to suffer economically from the political situation that occurred by the military coup in September 2006. It was expected that foreign investors would be less interested to invest in Thailand. But, thanks to the

Japan pact producing trade benefits
The Thailand-Japan free trade agreement that took effect on 1 November 2007 has helped increasing Thailand's exports by more than 10 billion baht, according to Apiradee Tantraporn, director-general of the Foreign Trade Department. She said the 

Thailand in position for Asian investments
Thailand is well positioned to cash in on increased investments of Chinese, Indian and cash-rich Singaporean companies into the region, experts say. Thailand had competitive advantages to capture rising investments from China due to its cheap labour 

Passengers increase at both Suvarnabhumi and other airports
Thailand's seven major airports including Suvarnabhumi showed steady growth last year, with a 7.7% rise in passenger throughput over the previous year to 57.15 million and a 11.42% surge in aircraft movements to 399,034. Combined international

Thai graduates from Germany seen as ideal candidates for German firms
It is fact Thai cross-cultural issues play an enormous role in international business activities, especially when there are enormous cultural differences in the countries concerned (for example Germany and Thailand). Many actions appropriate for one

Thailand welcomes steel investors
Nippon Steel JFE of Japan and Baosteel Group of China have expressed their interest in investing in upstream steel plants in Thailand, expected to invest Bt100 billion each, according to Board of Investment Secretary-General Satit Chajanavakul. He expects

Yacht company turns focus to super-sizing
Yacht Solutions plans to upgrade its customisation service by modifying and refitting old commercial vessels into super-yachts. "I would like to enlarge this business in Thailand. So my company will set up a big facility in Bangkok in order to complete our objective," 

La-Z-Boy plans Thai switch to cut production costs
La-Z-Boy plans gradually to move its furniture plants from the UK and New Zealand to Thailand in a bid to cut production costs and make the Kingdom its largest overseas production and exporting centre. It also plans to make Thailand its marketing base in

Bayer Thai renews distributor contract with Diethelm  
Having almost doubled its turnover last year, the Animal Health Division of Bayer Thai recently renewed Diethelm's contract as sole distributor for its companion animal products. The division markets parasiticides, anti-infectives and care products for pets.

Bridgestone expands Nong Khae tyre plant
Bridgestone Corporation has announced it will invest about three billion baht to expand its auto tyre output in Thailand to meet sales growth at home and abroad. Capacity at the Japanese-owned Thai Bridgestone Co plant at Nong Khae in Saraburi would rise 

Printers touted to drive Samsung growth

Samsung of South Korea is upbeat about its information technology business prospects in Thailand this year, predicting full-year revenue growth of 20% to US$120 million. Sales revenue from printers alone is expected to surge by 50% to $14 million this year,

Automotive

Production of NGV buses to start soon

Automobiles leading other sectors in growth

Toyota's Chachoengsao plant to become 'eco-forest'

BMW hopes sales increase after changes

Honda believes 12% expansion achievable
Thailand now regional hub for all Toyota car models
Eco-cars to feature at parts fair