Thailand promising to be world hub of gold
The World Gold Council has suggested that Thailand has the capacity to be a major hub for gold thanks to the surge in Thailand’s investment demand for gold. The World Gold Council has recently reported that demand in Thailand for gold jewelry rose by 57% year-on-year in the third quarter…
Thailand to host Connect Asia-Pacific Summit on November 18th
Thailand is prepared to host the Connect Asia-Pacific Summit on November 18th, aiming to uplift people’s quality of life through information and communication technology (ICT). During the Yingluck Meets the People Program, ICT Minister Anudith Nakornthap said 800 representatives from 37 countries, both from public and private sectors in the…
Yamaha India zooms past Thailand, closes in on Vietnam
Yamaha’s operations in India have overtaken Thailand, a traditional stronghold for the Japanese two-wheeler maker. In its third quarter results declared in Japan last week, the company revealed that sales in India for the July-September period totalled 1.27 lakh units, comfortably ahead of Thailand’s 73,000 units. Between January and…
Indian weddings in Thailand : cheaper and far away from the taxman
Members of the hospitality industry say Bangkok and its nearby beach resorts and islands have been emerging as the best, and somehow hidden, destination for big, fat weddings. Over 200 Indian marriages are expected to be solemnized this year alone, they said. With weddings being two to three times cheaper…
Onions bring smiles to faces of Indian tourists in Thailand
A tear-jerker is bringing smiles to the faces of Indian tourists in Thailand. The onion, whose prices have hit the roof across India, is the most sought-after in recipes and salads by visiting Indians. “It’s time to look for dishes that are garnished with onions. Back home it’s now a…
Asian Low Cost Carrier Boom – 28% Rise in Seats This Year
Indonesia, India, Thailand and Malaysia accounted for more than 50% of global Low Cost Carrier seat capacity growth for the first six months of 2013, according to analysis from Amadeus’ Air Traffic solution. In contrast, Europe and North America were flat while South America went backwards. Report highlights include: Overall…
‘India-Thailand road link by 2015’
The multi-billion 1,632-km India-Myanmar-Thailand trilateral highway, to be completed by 2015, would boost trade and business between the two Asian countries, Indian Ambassador to Thailand Anil Wadhwa said Sunday. Speaking to IANS on the sidelines of a function to mark the arrival of the 10th international flight of SpiceJet from…
SpiceJet plans gradual global expansion, to add Dammam and Kuala Lumpur as destinations
Aiming to expand its international network gradually, no-frills carrier SpiceJet today said it would add two more global destinations, Dammam and Kuala Lumpur, by March next year along with increasing frequencies on certain foreign routes. “We are going to start operations to Dammam (Saudi Arabia) and Kuala Lumpur (Malaysia) within…
Gold jewellery imports from Thailand to India face 15% duty
Worried about India imposing further restrictions on the import of gold jewellery, Thailand has agreed to pay import taxes on gold and gold jewellery being shipped to India. An acrimonious situation had developed between the two countries over gold coming into India at concessional duties through Thailand under the bilateral…
Ahmedabad to boast of Thai street market soon
If you have tired yourself from visiting the China market on Relief Road, then its time you thought about the new Thai street market that will soon come up near Subhash Bridge. The project is being developed by the Gujarat State Road Transport Corporation (GSRTC) on a public-private partnership (PPP)…