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

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  

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

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

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

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)

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

Business News

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

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

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  

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

Energy

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  

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

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

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

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.

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

Automotive

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