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BUSINESS

Thai-Vietnam pact aims for US$18bn

Business, Phusadee Arunmas, Published on 13/07/2012

» HANOI : Thailand and Vietnam agreed to increase bilateral trade by 20% per year with a goal of raising two-way trading volume to US$18 billion in 2015.

BUSINESS

Fund will boost quality of longan exports

Business, Phusadee Arunmas, Published on 16/07/2012

» The state Farmers' Assistance Policy Fund has approved giving 14.6 million baht to the Office of the Vocational Education Commission to upgrade standards for longan fumigation houses in the North.

BUSINESS

Rules for foreign nominees to be clarified by next month

Business, Phusadee Arunmas, Published on 19/07/2012

» The Business Development Department will team with the Department of Special Investigation (DSI) to establish a clear framework for nominees in Thai companies early next month and focus on checking almost 27,000 firms.

BUSINESS

Economists: Use euro crisis period wisely

Business, Phusadee Arunmas, Published on 19/07/2012

» The European economic crisis may take years to resolve, so the Thai private sector should adjust itself via product development and improved quality of services, say economists.

BUSINESS

Up to 35% of project cash gets creamed off

Business, Phusadee Arunmas, Published on 18/07/2012

» Tea money accounts for 30-35% of government land, building and equipment costs and investment budgets of state enterprises, a potential leakage of almost 330 billion baht, says a new study by the University of the Thai Chamber of Commerce (UTCC).

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BUSINESS

Took Jai owners lament supply rut

Business, Phusadee Arunmas, Published on 17/07/2012

» Operators of Took Jai shops, which sell some necessity goods 10-20% cheaper than markets, are complaining about delays in supplies as there is high potential for sales.

BUSINESS

Poll: Farmers dig mortgages

Business, Phusadee Arunmas, Published on 20/07/2012

» A new poll showed farmers are satisfied with the rice and tapioca mortgage schemes, which guarantees artificially high prices for crops.

BUSINESS

Surin urges move from cheap labour

Business, Phusadee Arunmas, Published on 21/07/2012

» It is time to change the structure of Asean economies to reduce their dependency on cheap labour and shift to innovation and brand building to increase the value of goods and services and free the grouping from the middle-income trap, says Asean Secretary-General Surin Pitsuwan.

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BUSINESS

Exports slump 2.5% in June

Business, Phusadee Arunmas, Published on 26/07/2012

» The Commerce Ministry stood firm on its 15% growth target this year despite Thai exports in June sliding by 2.5% year-on-year due to the ongoing euro-zone crisis.

BUSINESS

Exporters: State must sell rice stockpile to compete

Business, Phusadee Arunmas, Published on 26/07/2012

» Thailand's rice industry will collapse unless the government takes more constructive actions by releasing rice from its huge stockpiles, chief of a local rice exporters association warned.