Thailand Shining Through

27/02/2014

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29/01/2010

GM to spend 15b baht on expansion in Thailand

GM to spend 15 billion baht on expansion in Thailand.

BANGKOK: General Motors Corp (GM) announced plans yesterday to spend 15 billion baht (100 baht = RM10.30) in Thailand over the next two years, reviving plans for a new diesel-engine plant and retooling existing production lines. ...

02/12/2009

Get the answers you need to plan a golf vacation to Thailand - TravelGolf.com

Thailand ranks as Southeast Asia's most popular golf destination, thanks to its exotic sights and hundreds of beautiful golf courses, from the highlands of the North to Phuket in the South and areas around Bangkok, Hua Hin and Pattaya.

To help plan your golf trip to Thailand, consider these answers to some frequently asked golf and travel questions :...

Considering a golf trip to Thailand? Don't miss our FAQ. Features at TravelGolf.com.

01/12/2009

ASIA LOCAL BONDS-Thai ylds rise on strong CPI data, cbank eyed | Deals | Reuters

Thai local bond yields rose on Tuesday as a strong rebound in inflation prompted some investors to trim positions heading into the closing weeks of the year.
Consumer price inflation rose 1.9 percent in November from a year earlier but economists said core inflation was minimal and indicated the central bank would be in no hurry to raise interest rates. [ID:nBKK496760].
Five-year bond yields TH5YT=RR climbed five basis points to 3.7 percent extending a week-long streak of a rise in yields.

By Saikat Chatterjee HONG KONG, Dec 1 (Reuters) - Thai local bond yields rose on Tuesday as a strong rebound in inflation prompted some investors to trim positions heading into the closing weeks of the

01/12/2009

www.reuters.com

South East Asia Stocks-Thailand jumps. Thai stocks .SET leading the gains, cheered by news there would be an early court ruling in
a case involving the country's biggest industrial estate.
The Bangkok bourse closed up 3.04 percent at a
near-two-week high, boosted by heavyweight PTT PCL PTT.BK,
which climbed 5.8 percent, and a 4.0 percent rise in top cementmaker Siam Cement SCC.BK. PTT Aromatics PTTAR.BK shot up
9.13 percent and PTT Chemical PTTC.BK gained nearly 8.0
percent.

01/12/2009

Thai companies join Twitter stampede - Nationmultimedia.com

Hundreds of marketers who attended the first Twitter for Business conference in Thailand, called TWTCON BKK 09.
Twitter is currently the most popular social- networking medium in the business sector in Thailand, playing an increasingly important role at little cost...

Even though Twitter has been recognised in Thai society as an overnight micro-blogging sensation due to its political use, it is currently the most popular social- networking medium in the business sector, playing an increasingly important role at little cost.

30/11/2009

www.nationmultimedia.com

The Stock Exchange of Thailand is concentrating on boosting its market capitalisation by Bt100 billion next year, mainly through more initial public offerings.
With the listing of state enterprise subsidiaries, the Thai market's weighting in the Morgan Stanley Capital Index would increase. Daily turnover is expected to reach Bt17.5 billion to Bt22 billion.
For market quality and integrity, the exchange will focus on IPOs, as of October 7, only 31 companies had market caps over US$1 billion.

30/11/2009

www.4wheelsnews.com

Suzuki Motor has announced that it will begin plant construction in Rayong, Thailand next week.
This development further cements Thailand’s role as a Southeast Asia vehicle-manufacturing hub. Suzuki plans to invest JPY20 billion (US$225 million) for the construction of the plant that will have facilities for pressing, welding, painting, assembly and engine production.
Production of the 1.3-liter cars is scheduled to start in March 2012. Suzuki expects that by the end of 2012, a total of 10,000 units of the new V-platform small car (known as the Micra in Europe and the March in Japan) will be rolled out.

30/11/2009

www.worldgolf.com

Thailand offers golfers verdant courses - with amazing views of white sandy beachfronts, peaceful temples, and dense highlands - and can be played 365 days a year due to pleasant year-round temperatures.

"I think golfers in North America have an inkling that golf is played in Thailand; Europeans have slightly more of an inkling, but I don't think golfers on either continent fully realize that this is a country with more than 250 courses, many of them as good as you'll find anywhere in the world," said Mark Siegel, president of Bangkok-based golf tour operator Golfasian.

28/11/2009

The case for a Bangkok Design District

The case for a Bangkok Design District.
Thailand would be in a position to develop local products and services that may be exported and for which Thailand may ultimately become "known" as a principally creative-driven economy.
Much has been said about the importance of fostering the development of a creative economy. A start might begin with the creation of a Bangkok Design District to signal a fresh phase of growth and expansion for the arts, fashion, architecture and design in Thailand.

Much has been said about the importance of fostering the development of a creative economy. A start might begin with the creation of a Bangkok Design District to signal a fresh phase of growth and expansion for the arts, fashion, architecture and design in Thailand.

28/11/2009

Big Balloons into the blue

"Thailand International Balloon Festival 2009" will take place on the historical grounds of Wat Chang and Wat Maheyong of Ayutthaya province on Dec 3-6.

"Pattaya International Balloon Fiesta 2009" scheduled for Dec 10-13 at Thammasat University, Pattaya campus, in Chon Buri province.

December seems to be the month of joy for every one. It's packed with extra holidays and fun and festive events. And with the arrival of the romantic, cooling breezes of winter, it's an ideal ...

28/11/2009

Korn: No impact from Dubai World crisis

Korn: No impact from Dubai World crisis
The shock economic crash of Dubai's giant state-owned holding firm Dubai World is unlikely to have any impact on the Thai economy, Finance Minister Korn Chatikavanij said on Friday.

“The broken bubble economy in Dubai is an old story and it has been a long time happening. The economic crisis in Dubai is different from what happened in Asia a decade ago,” Mr Korn said.

The shock economic crash of Dubai's giant state-owned holding firm Dubai World is unlikely to have any impact on the Thai economy, Finance Minister Korn Chatikavanij said on Friday.

27/11/2009

Finance Minister Sees Thailands Economic Recovery Largely Unaffected by Dubai - Property Abroad News

Finance minister sees thailands economic recovery largely unaffected by dubai.
Thailand's Finance Minister Korn Chatikavanij said his country's economic recovery had not been put at risk by events in Dubai.

'Bubble signs normally come from the property sector and stock market. There is no price pressure in the [Thai] property sector and the roughly 60 percent stock rally this year has fairly reflected improving corporate earnings and economic fundamentals,' he said.

Dubai was an accident waiting to happen, and the problems with its debt repayments have understandably sent shockwaves through global financial markets sensitive to the damage caused by last year's crisis.

27/11/2009

Khao Soi - WSJ.com

Khao soi is so closely identified with Chiang Mai that it sometimes appears on overseas Thai menus simply as "Chiang Mai noodle." Yet the dish isn't local at all, but a fusionist creation abetted by migration and entrepreneurial ingenuity.

'You could say that khao soi is in our blood," laughs Chiang Mai native Wilaiwan Petsophonsakul of her city's signature dish, an ambrosial medley of flat, yellow egg noodles and chicken, beef or pork in a coconut milk-based red curry soup.

Chiang Mai's fiery noodles, Khao soi, are a fusionist creation abetted by migration and entrepreneurial ingenuity.

27/11/2009

SkyscraperCity - View Single Post - New National Parliament Complex

5 Finalists in Thailand's new parliament building model contest.

News, photos and discussions on skyscrapers, skylines, cities, architecture and urbanity

27/11/2009

Traffic keeps climbing in October

Air traffic through Thailand's six main airports continued to recover last month after bottoming out in August.
Combined passenger throughput in October rose by 13.88% year-on-year to 4.82 million, while flight numbers grew by 5.48% to 30,975, according to statistics compiled by Airports of Thailand Plc (AoT).
Cargo volume in October increased for the first time this year, growing by 1.38% to 108,605 tonnes.
The October figures showed traffic through Thai airports is returning thanks largely to greater political stability and the bottoming-out of the global recession.

Air traffic through Thailand's six main airports continued to recover last month after bottoming out in August.

27/11/2009

Gulf Times – Qatar’s top-selling English daily newspaper - Qatar

Asean setting up economic bloc in 2015, says Thai PM
The Association of Southeast Asian Nations (Asean) will in 2015 set up the region’s economic community, which will establish one market of about 600mn people on a single production base, Thai Prime Minister Abhisit Vejjajiva told a gathering of businessmen in Doha on Wednesday.
“Regional economic integration of Asean plus six would create the fastest growing grouping in the coming years, with a market having size of about half of the world population and at least one-third of the world trade,” he said.

The Association of Southeast Asian Nations (Asean) will in 2015 set up the region’s economic community, which will establish one market of about 600mn people on a single production base, Thai Prime Minister ...

25/11/2009

UPDATE 2-Siam Cement, Qatar sign Vietnam petchem deal - Forbes.com

Siam Cement, Qatar sign Vietnam petchem deal.
Thailand's largest industrial conglomerate said on Wednesday it had signed a deal with state oil firm Qatar Petroleum International to invest in a Vietnam petrochemical complex worth up to $4.0 billion.
The project, delayed by the global economic crisis, is part of Siam Cement's drive to become one of Southeast Asia's leading petrochemical producers.

BANGKOK, Nov 25 (Reuters) - Thailand's largest industrial conglomerate said on Wednesday it had signed a deal with state oil firm Qatar Petroleum International to invest in a Vietnam petrochemical complex worth up to $4.0 billion. ...

25/11/2009

Phuket receives infrastructure boost - CEI

Phuket receives infrastructure boost
Thai government has approved long-awaited plans for an international convention and exhibition centre on the island of Phuket.
The US$78 million development will be located on a 60-acre site in the north of the island, 15 minutes’ drive from the international airport.
Construction will begin in 2012 and is expected to take three years. Initial plans include three exhibition halls and two hotels.

International convention centre to open in 2015

25/11/2009

Business Insight Malaya | Travel

Dusit Thani Manila redefines the benchmark of product and service excellence in the hotel industry, as it received the Best City Hotel award having captured the inspiration of creating heaven on earth.
Thanpuying Chanut Piyaoui, Dusit International founder, said, "In the early 1900’s King Rama VI of Thailand envisaged a wondrous utopia, a town in heaven called Dusit Thani. For over 60 years it has been the inspiration for all we do."
The award was given during the 20th TTG Annual Travel Awards 2009 at the Bangkok Convention Centre at CentralWorld, Bangkok, Thailand recently.

Malaya Business Insight

25/11/2009

Sponsors drawn to Thai soccer league - Nationmultimedia.com

Interest in the Thai football league has soared to a level that has left even people in the game baffled about the dramatic change.

As stadiums were filled during the recently completed season with fans chanting and dancing in the stands, the change in fortune attracted a huge influx of interest from business circles wishing to tap into the fever.
There is no official figure about the amount of money companies invested in the league during the season, but it is estimated to be more than Bt100 million.

As stadiums were filled during the recently completed season with fans chanting and dancing in the stands, the change in fortune attracted a huge influx of interest from business circles wishing to tap into the fever.

24/11/2009

MCOT English News : October's industrial sentiment index rises above 100, 1st time in 42 months

Thailand’s Industrial Sentiment Index (TISI) rose to 104.3 in October, rising above 100 for the first time in three and a half years, up from 95.9 in September due to the global economic recovery and improvement of industrial sectors across the board, according to the Federation of Thai Industries (FTI).
FTI chairman Santi Vilassakdanont said the higher index in October resulted from improved orders, sales, and production volume thanks to the recovery of the economies of the country’s trading partners.

BANGKOK, Nov 24 (TNA) - Thailand’s Industrial Sentiment Index (TISI) rose to 104.3 in October, rising above 100 for the first time in three and a half years, up from 95.9 in September due to the ...

24/11/2009

Thailand – Spa Capital of Asia

Thailand – Spa Capital of Asia
Thailand is indeed Asia’s spa capital.Taking five citations including “Asian Spa Capital of the Year”, Thailand was one of the big winners in the fifth AsiaSpa Awards, presented by AsiaSpa magazine, the region's most recognized spa and wellness publication, during a glittering ceremony recently in Hong Kong.
“Thailand has the most outstanding spa and wellness offerings in the region in terms of quality, quantity, diversity, authenticity of treatments, service and design. Thailand also tends to lead the way when it comes to new and innovative spa concepts, spa design and service.”

Turkish and world travel news, press releases, events, statistics categorized as hotels, agents, airlines, appointments - travel and incentive

23/11/2009

Thai Regulator Approves Change To Brokerage Fee Charge Plan

Thailand's Securities and Exchange Commission Monday approved a revision to a plan which will introduce a sliding scale of brokerage fees.

The new system, which will be effective from next year, will see the sliding scale imposed on daily transactions worth THB5 million or more. Previously, the plan was to impose the sliding scale once thevalue of the transaction reached THB1 million.


Currently, brokerage fees are fixed at 0.25% of the value of the transaction.
The sliding scale could see brokerage fees as low as 0.18% on some transactions next year.

NASDAQ News: Thai Regulator Approves Change To Brokerage Fee Charge Plan

23/11/2009

Enjoy a golf trip to Thailand by avoiding the pitfalls - WorldGolf.com

Asia golf travel tips: How to prepare and pack for a vacation to exotic Thailand.

Heading out of the country for golf travel always requires a little more planning than a domestic trip.
And when it's to an exotic destination on the other side of the world like Thailand, a little extra time should be spent in preparation.
Here's a few tips on how to prepare and pack and what to expect on a Thailand golf vacation

Here's some tips for getting the most of our your exotic golf holiday in Thailand. Travel tips at WorldGolf.com.

23/11/2009

Sindh Today – Online News » India-Thailand free trade pact can boost tourism: Envoy

The free trade agreement between India and Thailand could boost the tourism sector in both countries, Thai Consul General in Kolkata Manop Mekprayoonthong said here Monday.
“Thailand is one of the world’s favourite tourist destinations, and India is among the top 10 nations that contribute to its tourism sector,” said Mekprayoonthong at a roundtable conference organised by the Confederation of Indian Industry (CII).

Bhubaneswar, Nov 23 (IANS) The free trade agreement between India and Thailand could boost the tourism sector in both countries, Thai Consul General in Kolkata Manop Mekprayoonthong said here Monday.

23/11/2009

The Good News Continues From Asia - International Business Times

Thai economy have produced improved 3rd quarter growth figures, suggesting that recovery is spreading through the region.
The Thai figures show the economy grew 1.3% from the June quarter, a big positive for the economy which has been badly hurt by a slump in tourism and a fall in car exports.
The figures support the contention of the Thai central bank that the economy is now "out of recession", citing improving employment and quarter-on-quarter GDP expansion.

The Malaysian and Thai economies have produced improved third quarter growth figures, suggesting thatrecovery is spreading through the region.

22/11/2009

PM: Q4 economy to be positive

Thailand's economy in the fourth quarter of this year will turn positive, according to Prime Minister Abhisit Vejjajiva.
Mr Abhisit said in his weekly broadcast on Sunday morning that the National Economic and Social Development Board (NESDB) will announce the economic figures for the third quarter tomorrow.
He said the unemployment rate went down to 1.2 per cent, or about 460,000 people.

Thailand's economy in the fourth quarter of this year will turn positive, according to Prime Minister Abhisit Vejjajiva.

21/11/2009

Industrial Laser Solutions - Laser Applications and Technology for Manufacturing

Emirates Airlines, the Middle East's largest carrier, will introduce a fourth daily service to Bangkok next month.
With the fourth flight, the Dubai-based airline will offer the largest capacity between Thailand and the Middle East.
The additional flights would support Thailand's economic recovery by increasing tourist arrivals from Dubai and the Middle East, said Richard Jewsbury, senior vice-president for commercial operations for the Far East and Australasia.

Articles cover advances in industrial laser applications and improvements in current laser cutting, drilling, marking and welding. Processes range from automotive and shipbuilding to semiconductors and fabric cutting.Search laser technology articles, equipment, services and jobs.

20/11/2009

Thailand Abhisit Says Economy to Grow 3.5% in 2010 (Update1) - Bloomberg.com

Thailand’s gross domestic product may increase 3.5 percent in 2010 after contracting between 3 percent and 3.5 percent this year, PM Abhisit said in a speech in Bangkok today.
Abhisit said the global recovery is “still fragile,” echoing comments made by ministers from the Asia-Pacific Economic Cooperation group last week.

Thailand’s economy may expand next year as government spending and improving global demand spur the nation’s recovery from a recession, Prime Minister [bn:PRSN=1] Abhisit Vejjajiva [] said today.

20/11/2009

FT.com / Companies / Airlines - AirAsia seeks dual listing in Asean

AirAsia seeks dual listing in Thailand.
Tony Fernandes, founder of the Malaysia-based carrier, said discussions were at an early stage but the listing plan could eventually lead to a merger of the main carrier and its Thai and Indonesian affiliates to create a significant stock in the region, comprising Association of South East Asian Nations members.
“Our ideal answer would be to have AirAsia as a dual listing and then put AirAsia Thailand into that dual listing,”...

Airline wants to be seen as multinational

19/11/2009

Travel Biz Monitor :: InterContinental Hua Hin Resort to open on December 1, 2009 in Thailand

InterContinental Hotels & Resorts will open a new resort in Thailand on December 1, 2009. The InterContinental Hua Hin Resort will feature 119 rooms, of which ten deluxe rooms have direct pool access.

According to a report in asiatraveltips.com, the resort’s top-end accommodation will include eleven deluxe ocean-view suites and six executive suites.

There will be three beachfront villas with private pools and one presidential suite will provide the highest level of luxury. The presidential suite can also cater as a distinctive and private wedding chapel.

InterContinental Hotels & Resorts will open a new resort in Thailand on December 1, 2009. The InterContinental Hua Hin Resort will feature 119 rooms, of which ten deluxe rooms have direct pool access. ...

19/11/2009

UPDATE 1-Thailand's Big C sees 2010 sales, profit higher | Reuters

Thai hypermarket group Big C Supercenter BIGC.BK said on Thursday it expected growth in both net profit and sales of 6-7 percent in 2010, helped by the opening of new branches and a likely pick-up in the economy.

But this year's earnings should be flat from last year's 2.85 billion baht ($86 million) as sales were likely to grow in a range of just 0-2 percent, missing a 5-6 percent target, Vice-President Jariya Chirathivat told reporters.

* Economy, new branches to boost sales, net profit in 2010 * To miss 2009 sales growth target, net profit seen flat * To spend at least 2 bln baht to open four new branches (Adds details) BANGKOK,

19/11/2009

evertiq.com :: EMS - Study: Working Conditions in EMS still need improving

Computers, mobile phones, TVs and cameras - electronic gadgets ease our everyday life and most cannot imagine them gone. Thailand is the largest exporter of hard drives in the world and China accounts for around 25% of global electronics production. Electronics defines the lives of millions of people in these countries.

Computers, mobile phones, TVs and cameras - electronic gadgets ease our everyday life and most cannot imagine them gone. Thailand is the largest exporter of hard drives in the world and China accounts for around 25% of global electronics production. ...

19/11/2009

Loan syndication up for investment abroad - Nationmultimedia.com

Demand for loan syndication for foreign investment projects is on the rise as Thai companies cash in on low interest rates, say executives of Kasikornbank and Krung Thai Bank.
Both joined a US$200-million (Bt6.64 billion) three-year loan syndication to Thoresen Thai Agencies (TTA). While KBank is lending half, KTB has offered $50 million, and the rest is made up by the Export-Import Bank of Thailand and Mizuho Corporate Bank.

Both joined a US$200-million (Bt6.64 billion) three-year loan syndication to Thoresen Thai Agencies (TTA). While KBank is lending half, KTB has offered $50 million, and the rest is made up by the Export-ImportBank of Thailand and Mizuho Corporate Bank.