Cabinet approves loans to MRTA for constructiion of 3 BTS lines
The Cabinet has approved a request from the Ministry of Finance to grant loans to the Mass Rapid Transit Authority of Thailand (MRTA) for the construction of three Sky Train lines. The Deputy Spokesperson for the Prime Minister’s Office, Pakdehan Himathongkam, made the announcement after Tuesday’s Cabinet meeting, saying that…
Suzuki to manufacture Celerio in Thailand
Suzuki Motor Corporation has announced that it will be manufacturing the Celerio hatchback – first launched in India on February 6 – at its Rayong plant in Thailand. The Rayong facility, which opened in March 2012, will be the second production hub for the Celerio following on from its introduction…
Amazing Thailand and Constance fight it out for a charity match at Jaipur Polo Grounds in Delhi
A pleasant Sunday afternoon saw Delhiites heading to the Jaipur Polo Grounds for a charity match between the teams representing Amazing Thailand and Constance. Commander CP Sharma from Neptune foundation played host at this event, which ended with The Amazing Thailand winning the match 7-4. Naveen Jindal, the Amazing Thailand…
The Federation of Thai Industries (FTI) expects auto production to top 2.4 million units this year
The Federation of Thai Industries (FTI) has set a target of 2.4 million vehicles to be produced this year, 2.32 percent lower than 2013’s. Spokesman of the Automotive Industry Club Surapong Paisitpatnapong said the FTI had projected that Thailand’s car production would reach 2.4 million units by the end of…
Thai Commercial Attaches from worldwide will meet in Bangkok to adjust export strategy
The Department of International Trade Promotion (DITP) will call commercial attaches from Thai embassies worldwide to a meeting in May to discuss international trade strategy in the second half of 2014. Ms. Nantawan Sakuntanark, the DITP Director General, stated that the meeting would look into measures and various export promotional…
Pattani’s Department of Internal Trade holds a grand sale
Pattani’s Department of Internal Trade (DIT) has announced it is again holding the Pattani Blue Flag Grand Sale that sells goods at lower-than-market price. Pattani’s DIT is conducting the grand sale on March 19th and 20th in front of the Kok Phoe Municipal Office from 9:00 am – 5:00 pm….
Thailand Reduces Key Rate as Political Unrest Hurts Economy
By Suttinee Yuvejwattana Thailand cut its key interest rate for the first time this year to bolster the economy as prolonged political unrest curbed local demand and hurt tourism. The Bank of Thailand cut its one-day bond repurchase rate by a quarter of a percentage point to 2 percent, with…
Thailand: Price of packed rice to be 3-5% lower than in previous year
Packed rice will cost consumers between 80-120 baht per a 5-kilogram bag this year, a decrease of at least 3-5 % from last year, given the fact that paddy price has decreased. According to Somkiat Makayathorn, President of the Thai Rice Packers Association, the price of packed rice this year…
Famous tourist destination Koh Mak developed as low carbon island
Koh Mak island in the eastern province of Trat is developed as a low carbon tourist destination by the Designated Areas for Sustainable Tourism Administration (DASTA). The environmental initiative is hoped to help stimulate tourism of the island and nearby areas and tap a larger market after the AEC is…
Don Mueang celebrates its 100th year in service
The Airport Authority of Thailand this year organized an event to celebrate the 100th anniversary of the foundation of Don Mueang, Thailand’s first international airport. The event, 100 years of 100 millions Happiness at Don Mueang International Airport was held on Saturday 8th March. The aim of the event was…