Pioneer Corp., a manufacturer of electronics products from Japan.Announced on Wednesday (9 November) that the suspension of expected results for the current financial year. Which ends in March 2555 due to a factory in Thailand. Affected by severe floods. And to suspend production at two factories in Thailand. Since October 8, the factory car stereo. And navigation systems with local [...]
Auto parts manufacturers have expressed concerns over the governmentâs slow response to the auto industry, which has been badly hit by the floods. According to the Thai Auto Parts Manufacturers Association (TAPMA), what Thai and foreign operators are most worried about is the governmentâs lack of clear policy and slow response to their problems, which [...]
The Airports of Thailand (AoT) says Suvarnabhumi Airport will not be affected by the northern run off with the 3.5-meter-tall dyke surrounding the airport and the situation being monitored 24 hours. In his 2nd press conference since the flood situation, Acting AoT President Mr. Somchai Sawasdeepon said Suvarnbhumi Airport has already had an effective flood [...]
U.S. investors have reaffirmed they will continue investing in Thailand while showing confidence in the government’s problem solving strategies. U.S. Ambassador to Thailand Kristie Kenney, together with US-ASEAN Business Council President Mr Alexander Feldman and American businessmen, met Prime Minister Yingluck Shinawatra to assure that the United States would continue its investment in Thailand and [...]
The Thai Bankers’ Association President Mr. Chartsiri Sophonpanich said the Association would try to encourage all banks to resume their services after the flood while maintaining that the scale of damage from floods could not be estimated yet. The President added that banks would be opened in the areas with receding flood waters; however, if [...]
The Board of Investment (BOI) has requested Prime Minister Yingluck Shinawatra to schedule a new date for the annual BOI Fair, which needs to be postponed because of the current flood crisis. After a meeting with the committee responsible for the arrangement of the BOI Fair 2011, BOI Secretary-General Atchaka Sribunruang stated that since the [...]
The Board of Investment has planned to postpone its BOI Fair 2011 due to the flood crisis BOI Secretary-General Atchaka Sriboonruang said the November 10-25 fair may have to be put off by at least two months after which time the situation is expected to return to normal. The BOI will try to resume the [...]
AYUTTHAYA, 16 October 2011 (NNT) – Related agencies have been instructed to draft plans on flood relief operation to assist affected employees in Ayutthaya after 4 major industrial estates in the province have been submerged. In response to a severe ongoing inundation in Ayutthaya that has so far swamped 4 major industrial estates in the [...]
Mr. Payungsak Chartsutipol, Chairman of the Federation of Thai Industries, proposed to the government to maintain prices of farm products to reduce financial impact on SME operators. The FTI Chairman said that floods had cost industries across the sector 50-60 billion THB in damage. He added that the auto industry would be severely affected if [...]
Mr. Thanit Sorat, vice president of the Federation of Thai Industries (FTI), said at the seminar “The influence of investment and investment in ASEAN countries of Thailand,” said the liberalization of the ASEAN Economic Community (AEC) will As a result, the capital of China to invest more in Thailand. Services, especially tourism. That Thailand would be affected quite [...]