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BoI to attract Indian investors to Thailand

By k on February 16, 2010

BANGKOK, 16 February 2010 (NNT) - The Board of Investment (BoI) prepares to hold a roadshow in India in hopes to attract Indian investors to Thailand and promote Thai investments in India.
According to BoI Secretary-General Atchaka Sibunruang, the roadshow will be led by Industry Minister Charnchai Chairungrueng. The team will meet with the Thai Consul [...]


BoI to lead a road show to India to attract investors in heavy industry

By k on February 2, 2010

BANGKOK, 2 February 2010 (NNT) – The Board of Investment (BoI) will arrange a road show to India during 14-19 February, with the hope to attract investment in heavy industry in Thailand.
BoI Secretary-General Atchaka Sibunruang stated that the Industry Minister Chanchai Chairungruang along with the BoI would go to Mumbai, India to induce Indian investors [...]


BOI to support 8 projects thumbnail

BOI to support 8 projects

By k on January 26, 2010

BANGKOK, 26 January 2010 (NNT) – The Board of Investment (BOI) has given a green light to promote the investment of eight projects with the total value of more than 18 billion THB, according to BOI Secretary-General, Dr Atchaka Sribunruang Brimble.

Speaking after the meeting of the BOI board, Dr Atchaka elaborated that the meeting approved [...]


BoI to extend “Thailand Investment Year”

By k on January 25, 2010

BANGKOK, 25 January 2010 (NNT) - The Board of Investment (BoI) is extending the “Thailand Investment Year” for another year to stimulate investment after an increase in investment support from the board last year.
The extension of the Thailand Year of Investment will focus on sustainable investments especially those in the alternative energy sector as well [...]


Industry Ministry set THB 500 bn of investing support by BOI

By k on January 18, 2010

BANGKOK, 18 January 2010 (NNT) – The Industry Minister projected an investment value, to be supported by the Board of Investment (BOI), at 500 billion THB.
Industry Minister Chanchai Chairungruang stated that in 2010 the Ministry set the goal of investment support of 500 billion THB, proposed to BOI. With BOI cooperation, all factories would be [...]


BOI aims THB500bn for 2010 investment figure

By k on November 23, 2009

BANGKOK, 23 November 2009 (NNT) – The Thai Board of Investment (BOI) sets next year’s total investment target at around 500 billion baht. The BOI admits investors are concerned over the Map Ta Phut dispute but they have not yet decided on whether to relocate their production base.
BOI Secretary General, Ms Atchaka Siboonrueng, said that [...]


Thailand’s foreign direct investment picking up, says BoI

By k on August 19, 2009

BANGKOK, Aug 19 (TNA) – Thailand’s foreign direct investment (FDI) has begun to pick up with investment valued in the month of July alone surging to over Bt 20 billion (about US$586 million), according to the Board of Investment (BoI).
BoI investment advisor Hirunya Sujinai revealed that 347 FDI projects with a combined investment value of [...]


BOI gives grim report of Thai situation, employment down 53.5% thumbnail

BOI gives grim report of Thai situation, employment down 53.5%

By k on August 7, 2009

BANGKOK, 7 August 2009 (NNT) - Thailand’s Board of Investment (BOI) has reported that employment in the country dropped by a staggering 53.5% in the first 7 months of the year with requests for investment support down 5.3%.
The BOI reported that requests for investment support during the first 7 months of 2009–January to July–dropped from [...]


Thai economy should rely more on Asia and ASEAN, says economist thumbnail

Thai economy should rely more on Asia and ASEAN, says economist

By k on July 12, 2009

BANGKOK, July 11 (TNA) – The Thai economy should shift to rely more on Asian and intra-ASEAN markets, according to a leading economist.
Speaking at annual meeting of the National Economic and Social Development Board (NESDB), agency director Narongchai Akrasanee said Thai economic and political affairs must be restructured under the 11th National Economic and Social [...]


Business News »

Thai stock indexes to fluctuate in narrow range next week

March 14, 2010

BANGKOK, 14 March 2010 (NNT) – Thai stock indexes were expected to swing in a narrow range next week as a result of the domestic political affair, according to the Kasikorn Research center (KResearch). KResearch predicted the movement of Thai stock indexes from 15 to 19 March, reporting that the indexes would slightly [...]

Bank And Finance »

Security, cash reserves of banks well-prepared

March 12, 2010

BANGKOK, 12 March 2010 (NNT) – Commercial Banks have prepared security measures and adequate cash reserves upon the mass demonstration of the anti-government United Front of Democracy Against Dictatorship (UDD).
Kasikorn Bank CEO Banthoon Lamsam stated that cash withdrawal of customers at present was normal, and the bank would not increase the amount of cash reserves [...]

General News »

Coalition parties confirm support to PM Abhisit

March 15, 2010

Coalition parties have affirmed their support to the Abhisit administration, saying there is no need for a national government as proposed by some MPs.
Leader of Chartthai Pattana Party Chumpol Silpa-archa made the comment after House Speaker Chai Chidchob insisted a joint parliamentary session be held on Tuesday at 9.00 am.
Bhumjaithai Party executive members also voiced [...]

Economy »

Current economic uptrend as a result of higher employment rate in Q1

March 14, 2010

BANGKOK, 14 March 2010 (NNT) – Thailand sees an economic uptrend due to higher employment rates in the first quarter of this year.
Speaking in his weekly talk show, “Confidence with Thailand with Prime Minister Abhisit”, the Prime Minister stated that the rate of employment during this period was on the rise or higher, compared to [...]

Energy »

More energy needed: more solutions wanted

March 10, 2010

BANGKOK, 10 March 2010 (NNT) - The Ministry of Energy hosts the ‘Fuel Options for Electricity Generation’ seminar to discuss possible energy alternatives for Thailand
Minister of Energy, Dr Wannarat Channukul, presided over the opening ceremony advising public and private sectors to not emphasize development on a certain alternative energy source too much. Disruption of energy [...]

Politics »

Grenade attack wounds two soldiers in Bangkok army unit

March 15, 2010

Grenade attack wounds two soldiers in Bangkok army unit thumbnail

BANGKOK, March 15 (TNA) – Unidentified attackers fired six M79 grenades into a Bangkok-based army unit, wounding two soldiers.
Col Nutthawat Akanibutr, commander of the First Infantry Regiment, said six M79 grenades were fired into his unit on Vibhavadi Rangsit road but only four exploded.
Sgt Maj First Class Preecha Pansamut was wounded in the abdomen and [...]