India has overtaken Japan to become third largest economy: OECD
India has probably surpassed Japan to become the world’s third largest economy after the US and China, Paris-based think tank OECD said on Wednesday even as it lowered the country’s economic growth projection for 2013 to 5.3%. The Organisation for Economic Cooperation and Development (OECD), which in November had projected…
Thailand to crack down on rerouting of gold to India
Thailand has agreed to retrospectively re-examine rules of origin certificates issued to Indian gold importers after New Delhi said third-country gold was routed through Thailand to take advantage of concessional duty available under India-Thailand free trade agreement. If any certificate is found lacking, importer will have to cough up…
India’s Steel Industry Gets Good and Bad News At the Same Time
It’s a tale of two nations trying to protect their domestic steel industries. Recently, Thailand decided to continue with the imposition of a “provisional safeguard” duty on the import of rolled flat steel products of a certain specification, which could directly impact India’s steel exports. Even as Indian steel manufacturers…
Tata Nano scheduled for Thailand launch in third quarter of 2013
Tata Motors has decided to enter into Thailand’s passenger car market (Tata already sells its range of light commercial vehicles in Thailand) with the launch of its small car, the Nano. Since its launch as the ‘World’s cheapest car’ in 2008, the Nano has turned the global attention towards it…
Thailand wins Best Spa Destination Award (Asia) at 6th GeoSpa AsiaSpa India Awards 2012-2013
The 6th GeoSpa AsiaSpa India Awards were held at the Kingdom of Dreams, Gurgaon, on 29th April to celebrate the Spa and Wellness industry. Thailand bagged the “Best Spa Destination (Asia)”, Reader’s choice Award voted by the readers of the AsiaSpa India Magazine, which is the most popular spa and…
Apollo Tyres makes Thailand its ASEAN hub
Apollo Tyres Ltd, opened its Sales Office in Bangkok to serve the entire ASEAN region, with Thailand as the hub of operations. This region would be catered to by exports out of India currently. After Dubai for the Middle East region, this is the second hub outside company’s operations in…
Thailand wins Best Country and Best Wedding Destination Awards at Travel + Leisure Awards
Thailand receives awards at the Second Edition of Travel + Leisure India & South Asia Awards 2013 Mumbai, April 24, 2013: The Tourism Authority of Thailand (TAT) added two more accolades to their name at the Travel + Leisure India & South Asia, India’s Best Awards last night held in…
Thai version of Nissan Micra facelift not coming to India
A few hours ago we updated you with info on the Micra facelift that was officially revealed in Thailand earlier this week. We also mentioned that the Micra facelift will be launched in India this festive season – however, we now stand corrected, thanks to our sources close to Nissan….
Thailand aims to enhance bilateral trade with India
Thailand is aiming to increase its bilateral trade with India to $16 billion by 2014 and is looking at the North Eastern region as a major hub for investment. “Over the last 15 years bilateral trade between Thailand and India grew substantially reaching USD 8.2 billion in 2011 and expanded…
Phuket Governor calls for direct flights between India and Phuket
Phuket Governor Maitree Insutut who today met with Indian Ambassador to Thailand Anil Wadhwa called for direct flights from major Indian cities, including Mumbai and Kolkata, to serve the burgeoning number of tourists flying to Phuket. After the closed-door meeting at Phuket Provincial Hall this afternoon, Governor Maitree told the…