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Thai-EU FTA set for 2015

The Thai cabinet has approved a proposed free-trade agreement (FTA) with the EU set to commence in 2015 amid worries on its impact to Thai businesses. The bill will be subject to parliamentary and public scrutinisation before negotiations begin, a spokesperson of Prime Minister Yingluck Shinawatra’s office said, because of mounting worries from business leaders on the effects the agreement will have on drug patents, agricultural seeds and alcohol imports.

January Breakfast on Thailand Labour: Current status, Challenges and Next steps

Education reform in Thailand has successfully raised educational qualifications since 1997. Subsequently, unemployment rate has declined especially those with diplomas or vocational diplomas. This has resulted in the shortage of low-skilled labour while diploma holders require industrial experience in order to enter international working environment

Each Province to Arrange a Model Flea Market to Boost Food Safety Standards

The Ministry of Public Health is accelerating the setting up of at least a model flea market in each province in order to promote food safety standards. Deputy Public Health Minister Surawit Khonsomboon said that the project would be completed by the end of 2012, in response to the Government’s policy to develop Thailand as the “Kitchen of the World.”

Thai Private Sector Urged to Invest More in Foreign Countries

Thai private companies have been urged to invest more in foreign countries, in preparation for the ASEAN Economic Community, which is less than three years away. Thai outbound investment was the topic of discussion at the Fiscal Policy Office’s Symposium 2012, held at the Amari Watergate Hotel in Bangkok on 13 September 2012.

TEBA launches new capacity building programmes

Specifically, purpose of TEBA is to promote cooperation in various industrial, technological and scientific spheres between enterprises, companies, universities from Thailand and Europe. TEBA’s activities is mostly concentrate on investment promotion and technology transfer rendering assistance industrial areas through capacity building programmes

Meeting to plot eurozone crisis reaction

The government has called a meeting of nine ministries related to the economy today to discuss measures to deal with the looming impact of the eurozone debt crisis on the Thai economy.

Thai-German Products seeks quadruple revenue on AEC

Thai-German Products Plc (TGPRO) hopes to quadruple its annual revenue to about 4.5 billion baht after regional integration under the Asean Economic Community from 2015 paves the way for the SET-listed stainless steel pipe maker to make full use of its monthly production capacity of 4,000 tonnes.

Chiang Mai University won the Schneider Electric Challenge 2011 in six consecutive years for innovation and energy efficiency

Schneider Electric, the global specialist in energy management, launched its 7th annual Schneider Electric Challenge 2011.

Thai-European Business Association and Board of Investment Joint committee on FDI

Thai-European Business Association and its corporate partners had a meeting on the 5th April 2012 with Dr. Atchaka Sibunruang, Deputy Secretary General of BoI to follow up from previous meeting with Minister Pongsavas Svasti to setup the structure to the joint committee and officially appoint industrial sub-committee from the Ministry of Industry.

Focus on PISA test to ‘repair national image’

The Education Ministry – faced for years with steadily dropping scores by top international assessors -plans a project of educational improvement among Thai students in an attempt to upgrade their quality standards.

Meeting with Minister of Industry

Thai-European Business Association (TEBA) and its partners had a meeting with Mister of Industry H.E. Pongsvas Svasti on 13th March 2012, a proposed joint working committee was established with intention to follow up with actions to be taken according to industrial specific recommendations. Dr. Atchaka Sibunruang, Secretary General, Thailand Board of Investment has been appointed to chaired the Joint Committee collaborating with Thai-European Business Association (TEBA), 5 industrial sectors have been set as priorities are: Food, Pharmaceuticals, Automotive/Autoparts, Aerospace and Green Technology.

Eastern park benefits from relocations

304 Industrial Park in Prachin Buri has welcomed the relocation of 10 factories so far this year, following the disastrous floods that severely hit the Central region of Thailand and caused severe supply-chain disruptions.