General News

Export growth set to hit 25%

Export growth this year may reach 25% despite ongoing political strife, as shipments to new markets including Africa and the Middle East offset cooling demand in the United States. ''Exports this year will

EU plans two-track approach for FTA

The European Union (EU) under the French presidency will focus on bilateral approaches in parallel with a bloc-to-bloc discussions with ASEAN on a free trade agreement, according to the French

Thailand climbs to 13th In World Bank 'Doing Business' Rankings

Doing business in Thailand has become significantly easier than in most countries in the world, according to new information form the world's two top international financial institutions. Thailand has risen to

Mega projects continue as planned

Deputy Prime Minister and Finance Minister Surapong Suebwonglee insisted on Wednesday that all investment projects would continue as planned though the country no longer has a permanent government.

Move to enhance Bangladesh-Thailand Bilateral Trade

Bangladesh and Thailand have set a target of enhancing the volume of bilateral trade at the level of US$1 billion over the next five year period, said K Habib Sattar, President of Bangladesh-Thai Chamber of

Best countries for small businesses

This year, Thailand moved six places up the ranking from 19th position, thanks to recent reforms in registering property, protecting investors, trade and paying taxes. These days, transferring property 

JBIC still committed to Thailand

The Japan Bank for International Cooperation yesterday restated its support for Japanese firms wishing to expand their investment in the Thai industrial and SME sectors, despite the domestic political turmoil 

Japanese Investors confident anti-govt protest has no long-term impact

Japan has expressed confidence that investor sentiment will remain unharmed despite the ongoing political instability in Thailand. Japan External Trade Organization President, Munenori Yamada affirmed that

Business News

Astudo invests B950 million in new hotels

Astudo Hotel & Resort Management Co, a local management firm, plans to invest 950 million baht in developing four hotels in Thailand next year. The company will develop two hotels on its own in Krabi and

TUF upbeat about US sales outlook Advance orders protect food giant

Thai Union Frozen Products Plc (TUF) expects its sales in the US will be unaffected by the economic slowdown there, as most of its purchase orders have been already signed up in advance. "We haven't  

Komatsu states export goal for new plant

Komatsu of Japan, one of the world's largest manufacturers of construction, mining and utility equipment, inaugurated its new plant in Thailand yesterday and made a 90% export goal. Komatsu's facilities  

Canon plans to double Thai sales

Canon Marketing (Thailand), the local marketing arm of Canon Inc from Japan, plans to double sales to 10 billion baht by 2011, up from 5 billion baht last year. Canon, the manufacturer of imaging products and 

IRPC to invest $158m to pump up pro

Integrated Refinery and Petrochemical Complex (IRPC) is to invest US$158 million (Bt5.3 billion) in boosting the production capacity of propylene and plastic ABS next year. Of the total investment, it would

Energy

Converting diesel into green

In the wake of expensive fuel, motorists are looking to cut costs and the market has opened a door for products that serve their needs. With diesel hitting a record price above 44 baht per litre in July, these can  

Thailand's 15-year alternative energy plan to be ready end-month

Thailand's 15-year alternative energy development master plan is expected to be ready to present to the National Energy Policy Committee for approval later this month, a source at the country's  

Garbage in, energy out

Two years ago, Samut Prakan Municipality was facing a severe shortage of landfill sites to deal with sludge from households and factories, and officials sought expert help from Professional Waste

Bangchak puts B10 billion into alternative fuels

Bangchak Petroleum Plc (BCP), the majority state-owned oil refiner, is to invest 10 billion baht to develop a fully integrated alternative fuels complex in order to diversify risk from the oil refining business.  

Thailand aims to be regional bioplastics hub

With the country’s abundant agricultural sector and large lactic acid (LA) manufacturing base, the Thai government is taking steps towards making Thailand a regional bioplastic hub. Although Thailand is

Converted waste a big saver

Manufacturers who invest in biogas technology to be used in their own plants could save 20% of their total investment by joining a new Energy Ministry programme. The biogas promotion programme is 

Automotive

Honda unit pioneers 3G City

Mitsubishi to ship 20,000 SUVs

GM plans $445m plant in Rayong

IRC prepares for Eco Car project