Latest Bangkok News
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PM Japan visit for boosting investment
Prime Minister Yingluck Shinawatra on Saturday said her visit to Japan was for inviting Japanese investors to jointly invest in the two-trillion baht infrastructure development megaprojects. On her ...
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Oil falls below $94 on weak economic outlook lukewarm demand
BANGKOK - The price of oil was knocked lower Friday by a combination of ample supplies and lukewarm demand. Benchmark oil for July delivery was down 40 cents to US$93.85 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 3 cents to close at $94.25 a barrel in New York on Thursday. The price sank as low as $92.21 in the morning after ...
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Mahathir says talks a good start
TOKYO : The government's negotiations with the Barisan Revolusi Nasional (BRN) are a good start, but more action is needed to bring peace to the far South, Malaysia's former prime minister Mahathir Mohamad says. The separatists in the far South do not fall into a single group and they would not recognise the negotiations undertaken by other groups such as the BRN, he said, on the ...
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Firms crave tax guidance
The vast majority of businesses would welcome more global cooperation and guidance from tax authorities on what is acceptable for tax planning even if this provides less opportunity to reduce tax liabilities across borders, notes the latest Grant Thornton International Business Report (IBR). The IBR, a quarterly survey of more than 3,000 businesses in 44 countries, found that globally, 68% of ...
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Amateur Shi Thai duo crowd Beijing Golf Challenge leaderboard
Shi Yuting continued her impressive form at the Beijing Challenge Friday as the Chinese amateur registered a hole-in-one en route to a second round 70 for a share of the 36-hole lead with Thais Tanaporn Kongkiatkrai (69) and Walailak Satarak (69) in the fourth leg of the China LPGA Tour season.Playing under overcast skies and windy conditions at the Orient (Beijing) Pearl Golf Country Club, the ...
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Report Yahoo bids for online TV site Hulu
Los Angeles - Days after buying social network Tumblr for more than 1 billion dollars, struggling internet giant Yahoo is eyeing another major purchase. According to the Los Angeles Times on Friday, the web portal has submitted a bid for online TV service Hulu, which is seeking 1 billion dollars. The service streams a wide range of TV shows to millions of users, with revenue from advertising ...
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Thailand-Japan plan two-way tourism traffic flows.
In an effort to address a gap in travel between Thailand and the island of Kyushu in Japan, a tourism exchange was recently organized in the city of Fukuoka between the Thai Government and the private sector of ...
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Efficient gas stoves urged
The government's energy policy planner is urging food vendors and households to use energy-saving cooking stoves to ease the effects of rising gas prices. The Energy Ministry decided to lower its subsidy for cooking gas, and Twarath Sutabutr Sutabutr, deputy director-general of the Alternative Energy Development and Efficiency Department, said the use of high-efficiency cooking stoves will ...
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Dutch Mill to improve quality
Dutch Mill Group, one of Thailand's leading dairy manufacturers and distributors, is partnering with the Agriculture Ministry to supply milk from the firm's contracted farms. The collaboration is aimed at improving the competitiveness of the dairy industry ahead of the Asean Economic Community's launch in 2016. Under a memorandum of understanding signed on Thursday, both parties ...
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Thai UK mints seek coin blank agreement
The Treasury Department is negotiating with Britain's Royal Mint for a joint venture to build a mint in Thailand to produce coin blanks. Director-general Naris Chaiyasoot said his department is in talks with Britain's mint about a shareholding structure and is studying potential legal barriers to such a joint venture. He believes construction of the country's first coin blank ...
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True Corporation chosen to build Myanmars internet gateway
True Corporation is expanding its international internet footprint to Myanmar to serve rising online data use and the influx of foreign investors there. Supoj Mahapan, the general manager for international services, said True is spending 20 million baht to build international internet gateway (IIG) infrastructure in Myanmar. It also recently entered into a bilateral mobile roaming agreement ...
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The Worms Are Turning
It's hard to imagine how many benefits can be realised from using worms to recycle organic material into vermicompost, which can be used as organic fertiliser. Due to worms' high reproduction rate, companies such as SCG Chemicals, a unit of Thailand's top industrial conglomerate the Siam Cement Group, are studying ways to make worms a source of income. Each year, about 14,000 ...
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Pongsak to hear Krabi plant fears
Energy Minister Pongsak Raktapongpaisal is planning a visit to the proposed location of a new coal-fired power plant in Krabi to listen to the concerns of communities. "I will go to see what they are worried about before deciding whether to move forward with that location," he said. Under an Electricity Generating Authority of Thailand (Egat) plan, the plant will have a capacity of ...
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Infrastructure influx by 2014
The government's 2-trillion-baht infrastructure investment is expected to start priming the country's economic growth from the middle of next year, says Somchai Sujjapongse, director-general of the Fiscal Policy Office (FPO). A draft that allows the government to borrow to finance the hefty investment in infrastructure projects is pending parliamentary deliberation, with proceeds for ...
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Medical tourism needs a shot in the arm say travel agents
Travel agents are calling for Thailand to improve its medical tourism by adding new services and maintaining its high treatment standards. The information was gathered from a recent Tourism Authority of Thailand (TAT) survey of 22 medical travel agents from the US, Australia, the Middle East and Europe. The agents said foreigners are still looking for experienced doctors, advanced technologies ...
Thailand Focus
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Thailand's chances for the World Expo 2020
The World Expo 2020, if it were held in one of Thailand’s cities, would add around 1% to the national economy on its own. This is a huge amount of money and presents a significant impulsion for government authorities to secure the country’s bid, but the competition is strong and Thailand’s chances have been undermined.
The first World Exposition was held in London in 1851. At the time it was called “The Great Exhibition” and was intended to promote the industrial achievements of the various participating countries. The United Kingdom hosted the event because they, at the time, were of course the most industrialised nation in the world and the Crystal Palace they built to house the national pavilions was received as a wonder of engineering. Read more
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