Foreign investors are still steadfast in the Thai economy and remain active to invest in Thailand, according to Prime Minister Abhisit Vejjajiva. Speaking in his weekly TV program “Confidence in Thailand with Prime Minister Abhisit” on Sunday, the Prime Minister said foreign investors were still interested in investing in Thailand as seen from plenty of [...]
The Bureau of Royal Rainmaking and Agricultural Aviation (BRRAA) has requested five additional planes from the Royal Thai Air Force to enhance the agency’s efficiency in rainmaking to solve drought crisis nationwide. Director of the BRRAA Warawut Khantiyanant has disclosed that only 28 planes are currently in service for the task of rainmaking operation throughout [...]
Most of egg sellers at fresh market in Bang Khen district of Bangkok have set their product prices lower, in line with the Department of Internal Trade (DIT)’s recommendation. Amidst soaring egg prices, the DIT led by Deputy Director General of the DIT Watcharee Wimuktayon has paid an official visit to a fresh market at [...]
Over 600,000 debtors registered under the government’s informal debt restructuring scheme will receive state assistance, according to Prime Minister Abhisit Vejjajiva. The Prime Minister disclosed today that the Finance Ministry has been trying to assist approximately 400,000 debtors registered under the plan, 200,000 of which are faced the same problem– not being able to find [...]
The Stock Exchange of Thailand (SET) could still gain positive momentum this week, but its direction might be influenced by international factors, according to the forecast of Kasikorn Research Center (KResearch). KResearch has predicted the SET would be able to maintain its positive momentum during 12-16 July 2010. The momentum is attributed to a speculation [...]
The Thai economy in 2010 is likely to grow by 7% due to the potential growth of the GDP, says Permanent Secretary for Finance Satit Limpongpan. Mr Satit on Saturday seconded 7% growth outlook of the Thai economy predicted by the International Monetary Fund (IMF) as GDP was speculated to grow more than 6% not [...]
The Board of Investment (BoI) unveils the number of requests for investment promotion in the first half of this year which shows an increase in all industrial groups at 46.3% worth 192.4 billion THB year-on-year. BoI Secretary-General Atchaka Sibunrueng cited that during January to June 2010, 632 projects have asked for investment promotion from BoI, [...]
The number of projects applying for investment promotion in the first half of this year has expanded in all industrial fields with an average increase of 46.3%, according to the Board of Investment (BoI). BoI Secretary General Atchaka Sribunruang revealed that the number of applications for the promotional privileges since January until June totaled 632 [...]
Deputy Commerce Minister Alongkorn Ponlaboot ordered the Department of Intellectual Property (DIP) and other related agencies to monitor commodities sold in fresh and flea markets around the country, also authorizing officials to arrest any trade mark violators. Mr Alongkorn said that he got numerous complaints from major producers that their trade marks of consumer goods [...]
Kasikorn Thai Bank (KBank) anticipates the baht currency to strengthen next week, moving in the range of 32.20 – 32.50 THB/USD while the main factor to be eyed is the resolution made on interest rate adjustment of the Monetary Policy Committee on 14 July 2010. According to KBank, during 12-16 July 2010, the baht currency [...]
Ayutthaya province earns a yearly income of more than two billion THB from the industrial sector, with most investment from Japan while the requirement of workforce increased to ten thousand positions. According to Ayutthaya Industry Office, the province is a top industrial development site compared to others with the investment of about 300 billion THB [...]
Deputy Commerce Minister Alongkorn Ponlaboot leads trade commissioners from the Middle East countries to visit Thai deep South provinces and to meet Thai-Muslim businesspersons for trade and investment negotiations under the Lima Dasar project. Mr Alongkorn stated that leading those Arabian trade commissioners to the Southern border provinces was aimed to extend trade opportunities under [...]
The Association of Domestic Travel (ADT) is joining hands with the Government to launch promotion campaigns to boost the domestic tourism. President of ADT Maiyarat Pheerayakoses said the situation in the domestic tourism sector was still a concern, especially in the 19 provinces where the Emergency Decree was still in effect. The northern province of [...]
Non-governmental organizations (NGOs) and foreign businesspersons have shown support for the Thai Government’s establishment of an independent fact-finding committee in a bid to work towards national reconciliation. Mr Kiat Sitthiamorn, President of the Thai Trade Representative and Special Envoy to New York and Washington, stated that the government-initiated Independent Truth and Reconciliation Commission of Thailand [...]
The project on sustainable career creation in the three deep South provinces, run by the Department of Industrial Promotion (DIP), is working successfully. DIP thus plans to ask 42-million-THB more for the employment extension. DIP Director-General Artit Wuthikaro stated that the project on sustainable career creation had been run for the people in three Southern [...]
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