Economics: Metalex 2011 opend
22.12.2011
Yesterday at 10 o´clock the Metalex exhibition 2011 opened its doors at the Bangkok International Trade Exhibition Center, short called Bitec. The Exhibition will last from 21st of December until 24th of December 2011. The opening hours are from ...
full textFinances: increasing interests
16.12.2011
The interest rates in Thailand are still increasing. Reason for example are the Euro- Debt crisis. Many Thai politicans demand the interests to be lowered in order to boost the reconstruction after the flooding. If the euro would be abandond, the...
full textPolitics: Rules how to deal with the flood reconstruction money
15.12.2011
The Anti- Corruption Network, a community of private watchdog groups, is planing to send a letter to the government with guidelines about how to deal with the money for the post flood reconstruction. Many people in Thailand fear, that corrup...
full textMarketing: digital advertisment is going to increase
14.12.2011
The company TNS Research, discoverd that most of the companies need to adapt their advertisment to social Media. Products and Services like Fashion, Credit Cards, Mobiles, cars and travels are the main things that are purchased online. In Tha...
full textEconomics: Government is going to protect the industry
12.12.2011
Today the Thai cabinet will decide how much money will be spent for flood restoring measurements. It is expacted to be around 120 billion Bhat. The budget will be used to secure the quality of life, to give compensation payments to floodvictims a...
full textEconomics: Thailand cleans up
09.12.2011
During the flooding, Thailand´s consumerconfidence reached the lowest value since 10 years. At the moment the foreign investors are unsure if their investments in Thailand are safe. The Bank of Thailand expacts the economy to grow with 4.8% in th...
full textBusiness: Search for an Investor
08.12.2011
Gunkul Engineering is going to invest 60 billion Bhat into a windpark in Burma. The windpark should generate 1000 Megawatt. Furthermore Gunkul is still searching for an other investor, who would like to invest in this infrastructure project as we...
full textRetailer: The Mall Group expects higher sales as in the last year
07.12.2011
Even, with the Bang Khae branch closed for one month due to the floods, the Mall Groups expects their sales to be 43 billion Bhat higher, when last year. This would mean also a huge increase, when calculated before. This expectation is based on t...
full textEconomics: Private Investors longing for flood management Masterplan
06.12.2011
The calls from private companies for a working floodmanagement system are growing louder. At the „Industrial Rehabilitation after Flood Disaster“ – Seminar it was recommended not only to build sluice gates and water reservoires because these are ...
full textPolitics: "Clean Thailand DIY" launched
02.12.2011
Yesterday the private association named „The Anti- Corruption Network“ launched the Project „Clean Thailand DIY“. The goal of this project is to monitor, if the 800 billion Bhat from the government are used for the rehabiltiation of the flood. ...
full textEconomics: Thailand among the Top 20´s in global Trade
01.12.2011
Despite of the severe flooding, a Thai delegetion participated at the sixth „Trade Policy Review“, managed by the World Trade Organization (WTO) at Switzerland.425 Questions needed to be answered about trade regulations. After the review, Tha...
full textTourism: How to get back tourists?
30.11.2011
After the media showing the sad pictures about the flood crisis in Bangkok, around 400.000 international tourists didnt visit Thailand as expacted before the flood. In Bangkok the hotels experience a drop of 40% room bookings.At...
full textEconomics: Thailand still a great place to invest
29.11.2011
Even with the flood catastrophe and rehabilitation costs of estimated 755 billion Bhat, Thailand is still one of the best places for foreign direct investements. This was pronounced by the country director of the world bank, Annette Dixon.Fur...
full textBusiness: Will Don Muang survive?
28.11.2011
The total reconstruction costs for Bangkoks older airport is now estimated with 1 billion Bhat. The government now needs to decide if it makes sense to invest such a huge amount of money and whether it will work out. Additionally the airport ...
full textEconomy: Japan helps to create flood prevention
25.11.2011
Jica the Japanese agency for international cooperation has announced to take part in developing protection for the industrial parks. The pilot project is mainly about building up drainage systems and dykes.The main goal is to regain the trust...
full textBusiness: To restore Trust
24.11.2011
Siam Cement Group´s president, Kan Trakulhoon, has recommended the government to provide assistance for the Thai economy. The industry supported the Thai Government in providing help to flood- hit- citiziens. Now it is time to support the industr...
full textTelecommunication: 3D- Simulations to prepare for katastrophes
23.11.2011
Wit the use of 3D Simulations companies want to have a chance to be better prepared for katastrophes. The software offers cost-reduction of insurances and shows potential impacts on costumers and suppliers. With the use of the software it is poss...
full textEconomics: The reconstruction has begun
22.11.2011
After the worst floodingcrisis since 50 years, which inundated about 2/3 of whole Thailand, some companies in Ayutthaya have started with cleaning and reconstruction. The water level rose to about 4 Meters above sealevel in Ayutthaya.In this ...
full textBusiness: Don Mueang better than before
21.11.2011
After Bangkok´s Don Mueang airport has been flooded for some weeks, more and more private jet operators complain about the cooperation and communication between the government and the private operators. Until now the government didnt announce muc...
full textEconomics: Siam Cement- Group Leader wants to attract more Investments in the ASEAN countries
18.11.2011
The chief of the Siam Cement Group (SCG), Kan Trakulhoon wants more Investments inside the ASEAN States. Additionally he thinks of the ASEAN countries could become the future World Economic Engine. As main reason he sees the huge amount of young ...
full textEconomics: Banks are helping not only with money
16.11.2011
Last week Bangkok Bank has opend his first „Emergency Shopping Fair“ in front of their headquarters. Citiziens have the opportunity to buy rare goods. For Example Medical Supplies, Instant noodles, drinking water, eggs, canned fish, rice and...
full textEconomy: Costs for Reconstruction
15.11.2011
Thirachai Phuvanatnaranbubala, Thailands Finance minister, had a meeting with some executives from the World Bank. Together these experts will calculate the costs and build up a plan for reconstruction after the flood crisis.Furthermore the m...
full textEnvironment: Improvements of Waterquality
14.11.2011
The Flooding in Thailand has drowned many houses and industrial parks. Many people are suffering because of the lack in supply. But there is another Problem: The quality of the water is gone worse. For example the colour turned to brown or bl...
full textEconomics: Even in the crisis there is high hope
11.11.2011
Even with the floodcrisis the chairman of Thailands biggest agriculture conglomerate, Dhanin Chearavanont, expacts a quick recovery of the economy. A huge amount of new jobs will be created after the flood and this fact will lead to an econom...
full textEconomics: Thai Beverge expect losses in about billions
10.11.2011
The largest of Thailands Beverege producers, Thai Beverege Plc, expects losses in billions. The Mainfactory of the Oishi- Group in Pathum Thani´s Nava Nakorn Industrial Estate alone is having a loss of 2.3 billions Bhat. The Transportation fr...
full textTransportationsystem: Government didnt pronounce any emergency plans
09.11.2011
The Floods have blocked 88 Streets to the outer provinces from a total of 103. At the moment there are no emergency plans anounced, what will happen if further transportation ways are blocked. Meanwhile the transportation of essential goo...
full textEconomics: Flood driving away costumers of retailers.
08.11.2011
The center of Bangkok is still dry, while North-Bangkok is fighting with the flood. Anyway retailers show a drop in sales to 70%. There are many reasons: On the one hand most of the shoppers like to wear high heels. These people are facing di...
full textBusiness: Chances in the crisis
02.11.2011
With every crisis comes great opportunities. This often quoted statement is fitting to Thailand, as well. Within a crisis many people shift their focus to find solutions for certain problems. The car wrapping plastic is an other example. The ...
full textBusiness: Suvarnabhumi airport is safe from the flood
01.11.2011
The manager of the Suvarnabhumi airport expacts the airport to be safe because of the 23.5 kilometers long and 3.5 meters high dyke. Additionally there are two reservoirs, which are running only at 25 % of their full capacity at the moment. Overa...
full textThe watermasses are coming
26.10.2011
There are critical times lying ahead for Bangkok. Meanwhile more and more watermasses are heading into the direction of Bangkok and are reaching the last defense lines. Furthermore the producers of important consumer goods are affected as wel...
full textDrinking water is going to be sold out
25.10.2011
As the flooding continues, more and more suppliers of supermarkets are experiencing problems. The drinkingwater providers in the north of the country are mostly flooded. The other providers, that weren´t hit directly are experiencing problems to ...
full textFlooding: Expacted to last 6 weeks longer
24.10.2011
The flooding situation of wide parts of Thailand has cost 356 humanlives and forced about 110.000 humans out of their homes. This catastrophe was caused on the one hand, of the 6 week earlier monsoonrain, which also last longer than expacted, and...
full textEconomics: Honda wont leave Thailand
21.10.2011
Even forced to stop their production, because of the flooding situation, Honda doesnt want to leave Thailand. Honda donated about 112 million Bhat to ease the impacts of the flooding. Furthermore Honda donated about 160 smaller engines for smalle...
full textEconomics: Logistics asked government for support
20.10.2011
Logisitc companies asked the government for support and especially for help of the military. The urgent Problems are deliveries to the North and the Northeast, with parts of the main asia highway closed as a result of the flooding. Thus the logis...
full textEconomics: The Flood and the Aftermath
19.10.2011
The Californian Hard- Diskproducer Western digital expacts their exports from Thailand to fall about 40% this year, because of the flooding. Furthermore they expact to reach their full capacity again within 6 months. Moreover the local automo...
full textEconomics: 300 Bhat minimum daily wage
18.10.2011
While election the Pheu Thai Party pronounced to establish a 300 Bhat minimum daily wage for labours. At the moment most of the regional managers dont support this recommendation. Reasons for this might be increasing production costs and the unkn...
full textEconomics: Ministries cut budget
17.10.2011
The Thai cabinet ordered, to cut all ministries budgets by 10%. The money saved by this action will be used to rehabilitate the victims of flooding and provide help for the reconstruction. Additional fonds will be established in the budget 20...
full textTelecommunications: Microsoft plans to become Number 2 provider of smartphones operating system
04.10.2011
Microsoft plans to put his focus more on the development of an operating-system for smartphones. Meanwhile number 5, the company expacted to become number 2 provider within 3 years. For this reason Microsoft is promoting the „Windows Experience Z...
full textMarketing: Thai Foods want to get in the vietnamese market
03.10.2011
A new instantnoodlesplant should be build in Vietnam. The Thai President Foods Plc. (TF) will invest about 1 billion bhat. The main reason is the huge market worth about 30 billion bhat. The Thai market is about three times less. Regularly a Thai...
full textEconomics: First Thai Steel- Dust- Recycling- plant
29.09.2011
Global Steel Dust plans to invest about 35 million US$ in Thailand. This money should finance Thailand´s first Steel Dust Recycling plant. The Thai steel market is continuously growing and could be more environmentally friendly with the new plant...
full textMarketing: Rexona invests in talent contest
28.09.2011
Unilever Trading Co. plans to invest 200 million Bhat to increase Rexona´s brand awareness. The money is used for advertisment in the new episode of „Thailand´s Got Talent“. After the first episode Rexona´s brand awareness rate increased from 60%...
full textEconomics: Seasining Company gets Export Award
26.09.2011
The Thai Prime Minister awarded the „Globo Foods Co“ with one of the „Prime Minister´s Export Awards“. Globo, a company for seasonings, did not have a decrease in orders, though of the weak european and american markets. Globo´s portfolio hol...
full textEconomics: Sunny Jobs in Thailand
22.09.2011
The world largest solar company „Suntech Power Holding“ is planning to build up a new manufacture facility in Thailand. At the moment they are waiting for the new thai government to pronounce their future course about solar energy politics. B...
full textTechnology: 3D and hidden advantages
21.09.2011
3D is now available in real life. LG provides with his LG Optimus 3D mobile a possibility to enjoy 3D without 3D glasses. The new mobile can record 3D pictures and videos and share them via a HDMI 1.4 connection to a 3D TV. Through this t...
full textEconomics: States are no lonely islands
20.09.2011
Companys can no longer operate still isolated, if they want to ensure a sustainable development. Especially in relation to the enourmous consumption of natural ressources and with a more and more unstable environment this demandt seems logica...
full textEconomics: The Swedes are coming
19.09.2011
The swedes are coming. The swedish furniture chain IKEA will open its first store in Bangkok until November. Although Thais are not accustomed to build „Do-It-Yourself“ furniture, IKEA plans to be just as successful as in the other 38 countries. ...
full textTelecommunication: Forth invented 3.000 Bhat tablet.
16.09.2011
The thai Forth corporation has now developed a 3.000 Bhat tablet Pc. This happend in the wake of the governments „4-billion.-bhat One Tablet per child programme. The thailand governemnt plans to purchase up to 800.000 tablets, which means...
full textEconomics: First Thai Hotel Resort opend in Bhutan
15.09.2011
Last November Mr. Voraphot Srimahachota opend the Haven Paro Resort in Bhutan. With this he could close the gap between 5 Star Hotels, with costs of 40.000 Bhat per night, and local Resorts with about 3.000 Bhat per night. According to his he...
full textTelecommunications: HP plans to gain new market
13.09.2011
Hewlett Packard Shanghai (HP) plans to gain a new market with its new product. They plan to do so with a Webprinter, which totally bypasses a Computerconnection. The Webprinter shall have its own Emailadress and be a benefit especial...
full textRetail: Latest fashion in Bangkok
12.09.2011
More and more fashion labels can be found in the city of Bangkok. Zara, Breshka, Forever 21 Inc. and Uniqo are just a few of these. Furthermore H&M, Givenchy, Alexander Wang and Lanvin also plan to invest in Thailand. Reasons are the expected...
full textTechnology: Government plans to provide each citizen with Broadband
07.09.2011
The ICT (Information and Communications Technology Ministry) plans to provide every citizen with Broadband Internet Access. The project is called "Smart Thailand". To do so the amount of investment for this project will be about 30 billions Bh...
full textRetail: Aeon plans to build up to 20 new minimarkets within the next year
06.09.2011
Aeon plans to build up to 20 new mini markets within the next year. The investment will be around 300 Million bhat. Furthermore the plan is to build upt to 3 more great markets, with each of it supporting up to 4 minimarktes in logistics. The...
full textTelecommunications: IBM focusing projects in Thailand
01.09.2011
IBM wants to participate in Thailands Smart City Pilot Project. The IT technology Company wants to provide the water management software to solve the drought problems in Thailands City's. Furthermore IBM plans to help the ICT (Information and Com...
full textIndonesia: Economy to grow at least 6.5% in Q3
30.08.2011
The Indonesian government expects its economy to grow at least by 6.5% in Q3. Indonesia maintained an economic growth level of 6.5 percent in the first two quarters of this year while its Asian neighbors were facing "speed bump" woes...
full textSingapore: Mr.Tony Tan Keng Yam elected as 7th President of Singapore
29.08.2011
Mr.Tony Tan Keng Yam hasbeen elected as 7th President of Singapore. Election officials said Tony Tan won by just 7,269 votes out of just over two million valid votes cast in Saturday's four-way race He was also singapore's former Dep...
full textViet Nam: Exports to Africa rise by 172%
26.08.2011
Viet Nam export increase by 172% compared to same period last year. The Department of customs said the the trade surplus which has reached $1.88 billion so far this year. Viet Nam exported US $ 2.6 billion worth of goods to Afric...
full textThailand: Exports for July regained its strengths by 38.2% on year-on year value
26.08.2011
Thai exports has regained its strength in July, with the growth of 38.2% year on year value, bringing the seven months expansion to 25.7%, Exports for the month of July in dollar terms were worth $21.52 billion breaking the previous ...
full textThailand: Volvo planning to make Thailand its local truck and bus hub
25.08.2011
Volvo is planning to make Thailand its regional hub for its truck and bus production. According to Mr. Burint Opassetthakul, vice-president for commercial vehicles and marketing at Volvo Truck & Bus (Thailand) Co., the local prod...
full textThailand: Loxley Plc invests on renewable energy
24.08.2011
One of Thailand's largest trading conglomerate , Loxley Plc has embarked with 3 billion baht investment for the next five years. Loxley's joint venture solar farm will produce electricity through algae, wastes and the wind. Th...
full textThailand: Economic growth slips to 2.6% in Q2
23.08.2011
The economic growth this year hasbeen revised from the range of 3.5 % to 4 % from the previous projection of 3.5% - 4.5%. For the second quarter of 2011, the growth decreased to 2.6% , mainly due to the supply chain distruption foll...
full textThailand: Death toll increases as flood ravages the provinces
22.08.2011
37 people have been reports dead as the flood hits 13 provinces in Thailabd. According to Disaster Prevention and Mitigation Department 1.5 million people still remain affected. The department said the flood situation re...
full textSingapore's Temasek Holdings sells off 7.9% stake in the telecom giant Shin Corp.
19.08.2011
In early 2006, Shin corporation founder and then Prime minister Thaksin Shinawatra had sold a total of 41.67% of his stake in the company to Temasek Holding of Singapore for 73 billion baht. Temasek later raised its stake to 96% following the man...
full textThailand: Price of cement expected to increase further.
17.08.2011
According to the Chonburi Concrete Product Plc (CCP), the price of cement might continue to an upward trend for the rest of the year. The prices of cement have increased three times for a total of 20% for the last seven months of the year. ...
full textThailand: Central Plaza Hotel Plc (Centel) to enter European market.
16.08.2011
Central Plaza Hotel Plc (Centel) says it will enter the Eruopean market from 2012-2015 as a part its 4.5 billion baht expansion. The number of Centel hotels, joint ventures and those under its management will increase to 85 by ...
full textThailand: Increasing wages may cost FDI about Bt 100bn
15.08.2011
Thailand is likely to loose Bt 100 billion per year in direct foreign investment (FDI) if the newly appointed governamentimmediately raises the daily minimum wage to Bt 300, this is reported by the Joint Standin Committee on Commerce, Industr...
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