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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.

Thai Vegetable Export to the EU

The EU Commission has agreed upon the proposal with conditions that the 100% inspection shall be fully implemented by 15 March 2011 onwards and, most importantly, the problem shall “NOT” be intercepted, upon arrival at all EU ports, over 5 consignments within one year otherwise the EU Commission will initiate banning procedure. That means a very tiny margin of error could be found to those 16 vegetables originated from Thailand.

Loosen Foreign Business Act, TDRI tells new Govt

The Thailand Research Development Institute has urged the new government to amend the Foreign Business Act so that it protects only those service sectors that involve small operators.