Press Center
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.
Big cars may not get carbon tax break
Small cars emitting low levels of carbon dioxide may be granted excise tax reductions, but large cars with similarly low levels of gas output may not receive same benefit.
Michelin Siam at BOI fair
Michelin Siam decorates its pavilion to show innovation of tire under the concept “Michelin A Touch of Tire.” Learn about Michelin’s development path starting from the plantation of rubber to its high-technology tire production process through exhibition in rubber plantation zone, Michelin laboratory as well as 4-dimension technology in the 4D theatre.
Strong economic growth again predicted in 2012
Gross domestic product is expected to grow in 2012 by about seven per cent on the back of government investment to rebuild the country, Commerce Minister Kittiratt Na-Ranong said on Wednesday.
BoT: Europe crisis won’t hurt economy
The continuing financial crisis in Europe is causing uncertainty but it will not have much impact on the Thai economy, a central bank official said Tuesday.
Kittiratt says foreign help is essential
Politicians should be kept out of the decision-making process for long-term flood-prevention projects, says Deputy Prime Minister Kittiratt Na-Ranong. Both domestic and foreign experts must be consulted to develop solid academic and technological solutions, he said.European countries, China, Korea and Japan have proposed long-term projects, while the Asian Development Bank yesterday made recommendations and funding proposals for a rehabilitation plan.
Michelin’s new energy tyres promise longer life
Michelin’s new Energy XM2 tyre is 20 per cent longer lasting than its predecessor along with offering improved fuel efficiency and shorter braking distances.
Board urges budget restraint
The Pheu Thai government has been warned that it should not push the limit of the budget deficit beyond 50% of gross domestic product (GDP) although by law it is permitted to go as far as 60% of the GDP.
Benz scraps warranty work on grey-market cars
Mercedes-Benz (Thailand) Ltd will no longer honour warranty claims for grey-market vehicles, putting further pressure on independent importers after it stopped providing pre-delivery inspection (PDI) services four months ago.
TEBA Automotive Platform breakfast meeting
TEBA Automotive Platform have identify these issues and concerned in cooperating European Automotive Industries to analyze common issues on the following topics: 1. Homologation 2. Taxation 3. Alternative fuels and Electric Vehicles 4. Safety and Environmental Protection 5. Grey Market 6. AEC 2015
Key business bodies keen to meet new Govt
Two influential bodies, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) and the Joint Foreign Chambers of Commerce in Thailand, will together meet members of the new Cabinet to propose their ideas for boosting the economy.