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General News |
Thailand
faces inflation, but still attractive
Dramatic
increases in international food and energy prices and
sustained strong economic growth have fueled
inflationary pressures in many countries around the
world. The price of just about everything
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Thailand, Myanmar to Develop Tavoy Deepsea
Port
Foreign ministers of Thailand and Myanmar
early Monday signed a memorandum of understanding (MoU) to
develop Myanmar's Tavoy deepsea port and related
infrastructure projects designed for
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B5bn upgrade for Phuket Airport
Airports of Thailand Plc (AoT) is preparing
to invest five billion baht to expand Phuket International
Airport where congestion is approaching a critical level.
The expansion will raise the capacity of the
country's
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Biotech venture-capital funds proposed
New venture-capital funds should be
established to help support the growth of the biotechnology
field in Thailand, according to Finance Minister Surapong
Suebwonglee. Dr. Surapong, a medical doctor by
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Australians seek iron licence
An Australian mining company is seeking an
exploration licence for iron ore in Thailand, according to
Deputy Prime Minister and Industry Minister Suwit Khunkitti.
Navakun Mining Co Ltd, a 100%- owned
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Thailand gewinnt Gunst der Investoren zurück
Ausfuhren von Agrarprodukten und
Nutzfahrzeugen wachsen kräftig – Börse Bangkok im
asiatischen Quervergleich erstaunlich robust
(Von Ernst Herb, Finanz und Wirtschaft,
Zürich, 31. Mai 2008, Nr. 43)
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Government considers cargo airline for farm
goods
Thailand might set up its own cargo airline
under the national carrier to expedite shipping of
agricultural exports. "I believe the cargo airline will get off the
ground this year. It is very challenging for THAI to
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Business News |
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Dubai world may invest Bt1 trillion
Dubai World could possibly end up investing
at least Bt1 trillion in Thailand, starting with a
world-scale oil refinery, PTT President Prasert Bunsumpun
said yesterday.
"If Thailand
can issue the regulations
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Allianz to invest more in green tech
The German insurer Allianz is looking at
business opportunities in Thailand and Asia to help manage
the growing risk arising from climate change and global
warming. ''Climate change is an enormous
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LG promotes Thai image
LG Electronics (Thailand) Co will upgrade its
image into a stylish and sophisticated brand as part of its
plan to become the largest electrical brand in Asia over the
next four years. The move is also part of LG's
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Water pump maker taps growing high-rise
market
The Danish water pump manufacturer Grundfos
(Thailand) plans to tap into the residential market and
hopes to become the fourth biggest player domestically with
20% sales growth this year, said sales
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Energy |
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Green BHD diesel fuel set for launch
Bio-hydrogenated diesel (BHD), a high-quality
biodiesel suitable for blending to create a greener
alternative fuel for vehicles, would be launched
commercially after tests prove successful, said PTT Plc
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Renewable-energy target increased
The Energy Ministry has raised its target for
renewable-energy use in 2009 from 8 per cent to 11.5-12 per
cent. To help achieve this, the ministry may extend
the low-tariff window for those producing power
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Amata expands power plant
Amata Corp Plc, the country's largest
industrial estate developer, and Japan's Sumitomo Corp will
jointly invest 12.8 billion baht to build a 280-megawatt
co-generation power plant in Thailand. Chief operating
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Government testing E20 in E10 cars
E10-compatible vehicles are likely to be able
to run on gasohol E20, according to a study by the
Alternative Energy Development and Efficiency (DEDE). E10 has an ethanol content of 10% mixed with
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4 producers make NGV tanks cheaper
Four companies are ready to manufacture
natural gas for vehicles (NGV) tanks in line with the Energy
Ministry's plan to increase gas consumption to 20 per cent
by 2012, up from 6 per cent today.
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Soft energy loans to be provided
The government will sponsor a soft-loan
programme for companies and factories investing in
energy-saving. Eleven commercial banks would offer a
combined one billion baht worth of seven-year loans at
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Automotive |
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Mitsubishi Motors builds a new engine plant
in Thailand
Tata launches Xenon nationwide following
Motor Show success
Thailand grabs an eco-car niche
Toyota eyes diesel options
Honda offers bigger bikes
GM urges E85 use
Toyota, SCC to build hybrid car |
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