2010 October

Danone to Further Capitalize on Thailand Investment

French based Danone has announced it is considering Thailand as its hub for exporting to Singapore and to expand its market-share in Thailand according to the Bangkok Post. A key driver of the move is the zero import tax the will take in effect in 2011 under the Asean Free Trade Area (AFTA). Danone’s investment [...]

Oct 30 2010 | Posted in France | Read More »

Toyota to Produce Hybrids in Thailand

Toyota Motor Corp continues to invest in Thailand, the Detroit of Southeast Asia, as it plans to start producing hybrid cars in Thailand according to Bloomberg. The move expects to leverage existing Thailand investments by producing a hybrid version of the Camry by 2010 an existing factory with an output of 10,000 units within 3 [...]

Oct 29 2010 | Posted in Toyota | Read More »

WTO Rules Against US in Thailand Trade Dispute

The World Trade Organization (WTO) ruled against the US in a Thailand trade dispute involving duties placed on Thai exports of polyethylene retail bags according to Plastics & Rubber Weekly. Claims by the Thai government state that the US calculated duties using a controversial zeroing practice which prompted the US to file an anti-dumping complaint [...]

Oct 28 2010 | Posted in USA Economy News | Read More »

Thailand Government to Remove Foreign Capital Restrictions

Prime Minister Samak Sundaravej of the new Thailand government has suggested that he will work towards removing restrictions on foreign capital inflows according to The International Herald Tribune. Thailand investment limits were imposed in 2006 and have since then severely damaged foreign investor confidence and have ultimately affected the growth of the Thailand economy. The [...]

Oct 27 2010 | Posted in Thailand | Read More »

Thailand Ranks 15th in Ease of Doing Business According to the World Bank

Thailand now ranks 15th, up from 13th in 2007, in the World Banks 2008 ease of doing business report according to The Nation. The key driver of the higher ranking for Thailand is the introduction of e-customs that has led to a fall of costs in exporting and importing. Nonetheless, the World Bank noted that [...]

Oct 26 2010 | Posted in Thailand | Read More »

F&P to Invest in Thailand

New Zealand’s biggest producer of washers and dryers, Fisher & Paykel Appliances (F&P), plans to further invest in Thailand according to Bloomberg. In addition to the Thailand investment, F&P set up plants in Mexico and Italy as it closes down three plants in New Zealand, Australia, and in the US. The company moved its electronics [...]

Oct 24 2010 | Posted in Thailand | Read More »

Thailand Government Extends Leases to Chevron

The Thailand government has decided to extend Chevron leases for natural gas production of the Thailand coast until 2022 according to the San Francisco Business Times. Through Chevron’s purchase of Unocal in 2005, the Thailand government committed to honoring the agreement and Chevron hopes to produce 1 billion cubic feet of natural gas per day. [...]

Oct 23 2010 | Posted in USA Economy News | Read More »

Gap to Invest in Thailand

US based retailer Gap Inc. has announced plans to invest in Thailand according to Dow Jones. While no specific monetary terms of the Thai investment were disclosed, Gap with partner with Thai based marketer Armin Systems Ltd in order to effectively penetrate the Thai market. Gap’s plans to invest in Thailand will make Thailand the [...]

Oct 22 2010 | Posted in USA Economy News | Read More »

Tata Motors to Unveil Truck Made in Thailand

Tata Motors, India’s largest automaker, has unveiled its first pick-up truck made in Thailand according to The Economic Times. The truck, named the Xenon, is a product of the Tata investment in Thailand worth $40.26 million. The Thailand investment by Tata and plans to manufacture 12,500 units a year and aligns with Tata’s global expansion [...]

Oct 20 2010 | Posted in Thailand Business | Read More »

Chevron to Start Work on $3.1 billion Project

Chevron has announced that it will start work on its $3.1 billion natural gas Thailand investment project according to East Bay Business Times. The project plans to output 420 million cubic feet of natural gas per day and eventually 1 billion cubic feet per day from Thailand gulf. The lease areas of the Chevron investment [...]

Oct 19 2010 | Posted in Thailand Business | Read More »

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