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Industrial investment remains high in 2013
The Industry Ministry has issued industrial manufacturing licenses to 5,222 operators in 2013. Permanent Secretary Witoon Simachokedee said that their total investment, excluding land cost, is Bt474 billion. The investment creates 173,085 new jobs. Download latest BOI investment statistics here. more
   
Snap elections to boost car industry
The local automotive market is expected to receive a shot in the arm next year after Prime Minister Yingluck Shinawatra dissolved the House and called a general election. "The elections will definitely spur demand for vehicles, particularly for pickup trucks and motorcycles," said a source from the Federation of Thai Industries (FTI). more
   
SE Asia telecom margins to decline except for Thailand
The competition and declining use of traditional voice and text services will lead to lower margins for most Southeast Asian telecom firms next year, but data demand growth will generally outpace margin decline, so cash generated and credit metrics will be broadly stable or slightly improve, except in Thailand, where large investment will increase leverage, according to Fitch Ratings. more
   
EADS restructures Aerospace and Defense divisions
EADS today presented a restructuring plan for its future Airbus Defence and Space Division (Airbus DS) to the European Works Council. This presentation follows a decision by the EADS Board of Directors in July this year to consolidate the defence and space businesses of the Group into one new Division and to rebrand EADS into “Airbus Group”. more
   
EUROCOPTER brings EC175 and EC145 T2 to Thailand
Two of Eurocopter’s newest members in its twin-engine helicopter family – the next-generation EC175 and evolved EC145 T2 – are coming to Asia for a three-week demonstration tour with operators in the oil and gas, VIP, corporate, charter, military and law enforcement segments. During the December 2-19 tour, Malaysia and Thailand will be visited by the EC145 T2 and EC175, with Vietnam also on the EC175’s schedule. During the trip, Eurocopter will underscore the strategy of being in close proximity with its customers around the world, which is particularly important for the highly-demanding oil and gas sector. more
   
 

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