The Nation

‘Success story’ Thilawa SEZ set to launch its second phase

More than three years after the start of the Japan-backed Thilawa special economic zone, Myanmar launched the development of its second zone in the presence of dignitaries from both nations including Vice President Henry Van Thio. Set Aung, deputy governor of the Central Bank and ...

Fight against garbage in the ocean starts at individual level: Greenpeace

Solutions to the massive garbage “islands” floating off Thailand start at the individual level, but government policy and regulation is also needed, officials and environmentalists have said. Earlier this month, pictures of large amounts of garbage floating in the sea spread on social networks and sparked ...

BOT embraces big data, analytics for micro-financial activities

The Bank of Thailand is investing in big data and data analytics in an effort to deal with complicated transactions arising from consumers’ micro-financial activities in the digital age. In the digital age, technology has rapidly changed and it is affecting how businesses are run, posing ...

Hitachi sets up elevator engineer training hub in Chon Buri

Hitachi Ltd and Hitachi Building Systems Company on February 22 announced the official launch of the Asia Training Centre in Chon Buri province for engineers involved in the elevator and escalator business. The training centre, which is Hitachi’s first outside Japan, started soft operations last month, ...

PTT to sell businesses under revamp

Leading energy conglomerate PTT plans to restructure its petrochemical operations in moves that would also see the sale of its propane and bioplastic business chains to subsidiary PTT Global Chemical, chief executive Tevin Vongvanich said. The proposal would be put to shareholder meetings in April, ...

Profits soar at top petrochem companies

Thailand’s two major petrochemical companies have reported a surge in combined net profit for last year of 54.2 per cent from the prior year to Bt41.79 billion. Indorama Ventures posted net profit of Bt16.19 billion, a jump of 145 per cent year on year, while ...

Telecom committee turns down TOT’s plan for 4G partnership

TOT’S search for a strategic partner to launch fourth-generation cellular services on its 2.3-gigahertz band hit a snag on February 21 when the telecom committee of the National Broadcasting and Telecommunications Commission rejected its revised business plan. Pravit Leesatapornwongsa, a member of the NBTC, said the ...

Residents block trucks at Loei mine

People in Loei have urged government agencies to inspect the Tungkum gold mine amid reports of illegal mining, producing many tonnes of ore being despite the mine’s permission to use local forestland having expired. The Rak Ban Kerd (Love Our Hometown) community group has blocked the ...

US grants one-year extension of GSP privileges for Thai products

Three Thai products that had been at risk of losing their preferences – video cameras, lenses for eyeglasses, and air-conditioner parts – will continue to enjoy export privileges to the US this year, as their values have not yet exceeded competitive need limitations. Duangporn Rodphaya, ...

Export growth goal revised up to 5% on key supports

The Commerce Ministry has revised up its export-growth target for this year from 3 per cent to 5 per cent, saying many positive factors could support this including higher global oil prices. After meeting with Thai trade officials from 64 overseas posts and representatives from private-sector ...

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