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New rules for factories to protect the environment

The Department of Industrial Works is amending the ministerial announcement concerning practices that create environmental impact by factories to update the rules to the current practice. The Department under the Industry Ministry (Thailand) revealed that the ministerial announcement on the rules for factories to followed is out-of-date. New adjustment will be made on the factory’s […]

Kasikorn Research Center: Tourism income to rise 4%

The tourism industry is likely to see a growth in income this year thanks to long weekends and political stability. According to Kasikorn Research Center, the tourism sector is expected to gain around 6.5 billion baht in income or about eight percent increase during August 12-14 weekend. Besides the long weekend, improvement in the political […]

24th ‘Made in Thailand’ trade fair 2011 (July 13-17)

The Department of Export Promotion (DEP) is preparing to organize the ‘Made in Thailand 2011’ trade fair during 13-17 July with an aim to promote Thailand as the regional trade center. The fair is aimed at creating more opportunities for negotiations between entrepreneurs and prospective customers, both Thai and foreign, and promoting Thailand as the […]

Tata Steel accepts $130-mn to settle UK plant loss

Tata Steel’s arm here said it had got $130 million as final settlement from the consortium of global steel buyers which had prematurely terminated, in May 2009, a 10-year purchase contract. The termination had plunged Tata’s Teesside Cast Products (TCP) unit in northeast England into losses, leading to partial closure and layoffs at the factory. […]

Indo-Thai trade to touch $1 bn in 2011

Bangalore: The bilateral trade between Thailand and India would touch $1 billion in 2011, said Chanchai Charanvatnakit, Thai Council general in India.Last year the bilateral trade between the two countries stood at $ 850 million with a majority of transactions coming from the sectors like pharmaceutical, plastic, construction materials and textiles. He said both the […]

Thai Indian entrepreneur’s wealth soars by 252%

The ongoing political turmoil in Thailand has apparently not prevented the kingdom”s richest people from getting richer.The biggest gainer in percentage terms is longtime Thai Indian resident Aloke Lohia. His wealth soared by 252 percent when he took his integrated polyester company, Indorama Ventures, public earlier this year. This son of an Indian entrepreneur is […]

India will need 1,150 planes worth $130 bn: Boeing

Major aircraft manufacturer Boeing revised upwards its market outlook for India saying the country would require 1,150 planes worth $130 bn over the next two decades. The company, which had earlier estimated that 1,000 planes worth about $100 bn would be required in the country in the same period, revised its outlook on the basis […]

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