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	<title>Thailand Finance Business News and Lifestyle &#124; SilomJournal.Com &#187; Business</title>
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		<title>More businesses registered, Commerce says</title>
		<link>http://silomjournal.com/business/more-businesses-registered-commerce-says/</link>
		<comments>http://silomjournal.com/business/more-businesses-registered-commerce-says/#comments</comments>
		<pubDate>Thu, 15 Jul 2010 04:00:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1748</guid>
		<description><![CDATA[There are 4,321 new more businesses registered for a startup during June 2010, according to data released by the Ministry of Commerce.
Commerce Minister Alongkorn Pholbuth said the clear political stabilization has boosted the mood for investment and conduct more business activities, pushing up businesses registration by 23.0 percent comparing with May, which entering into a [...]]]></description>
			<content:encoded><![CDATA[<p>There are 4,321 new more businesses registered for a startup during June 2010, according to data released by the Ministry of Commerce.</p>
<p>Commerce Minister Alongkorn Pholbuth said the clear political stabilization has boosted the mood for investment and conduct more business activities, pushing up businesses registration by 23.0 percent comparing with May, which entering into a chaotic political period, and 19.0 percent higher than the same month a year ago.</p>
<p>The total investment registration for the month was 33.16 billion baht.</p>
<p>Top five new registered businesses involved construction, finance and banking, electricity production, scientific research, and real property management.</p>
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		<title>Toyota announces hybrid, E85 plans</title>
		<link>http://silomjournal.com/business/toyota-announces-hybrid-e85-plans/</link>
		<comments>http://silomjournal.com/business/toyota-announces-hybrid-e85-plans/#comments</comments>
		<pubDate>Sun, 04 Jul 2010 02:18:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1735</guid>
		<description><![CDATA[Toyota Motor Thailand announces it will push the country as a production base of its hybrid and the E85 vehicles following the government&#8217;s announcement to cut down duties on more parts imported for the projects.
Toyota senior assistance managing director Vichien Emprasertsuk said the automaker is now ready to mass produce the vehicles.
&#8220;We are appreciated the [...]]]></description>
			<content:encoded><![CDATA[<p>Toyota Motor Thailand announces it will push the country as a production base of its hybrid and the E85 vehicles following the government&#8217;s announcement to cut down duties on more parts imported for the projects.</p>
<p>Toyota senior assistance managing director Vichien Emprasertsuk said the automaker is now ready to mass produce the vehicles.</p>
<p>&#8220;We are appreciated the government&#8217;s announcement of duty cut on six more parts for the hybrid vehicle and eight more parts for the E85 vehicle,&#8221; he said.</p>
<p>&#8220;The hybrid car is the right solution in term of energy efficiency and environmentally friendly.&#8221;</p>
<p>Toyota has urged the Thai government to consider the hybrid car project, which it said always ready to launch the production as soon as an incentive package announced.</p>
<p>The country&#8217;s largest automaker revised up its domestic vehicle sale forecast for 2010 to 650 thousand units, and total sale of its vehicle to 272 thousand units.</p>
<p>Toyota Thailand president Kyoichi Tanada said the company this year has celebrated a one-million-unit mark of auto export from the country.</p>
<p>Thailand is Toyota&#8217;s largest production base of its MIV vehicles (light pickup truck and SUV collectively) amongst its five production-based countries around the world with an export value of more than 568 billion baht.</p>
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		<title>Joseph Hynix appointed as Abisit&#8217;s advisor</title>
		<link>http://silomjournal.com/business/joseph-hynix-appointed-as-abisits-advisor/</link>
		<comments>http://silomjournal.com/business/joseph-hynix-appointed-as-abisits-advisor/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 15:22:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1724</guid>
		<description><![CDATA[Prime Minister Abisit Vejachiva has appointed Joseph R Hynix, vice president for Asia-Pacific and Africa markets at Ford Motor Company (Thailand), as an honorary advisor on investment to the Thai government after their meeting at the Office of Prime Minister.
The appointment aims to revise Thailand&#8217;s image and persuade foreign direct investment to the country, especially [...]]]></description>
			<content:encoded><![CDATA[<p>Prime Minister Abisit Vejachiva has appointed Joseph R Hynix, vice president for Asia-Pacific and Africa markets at Ford Motor Company (Thailand), as an honorary advisor on investment to the Thai government after their meeting at the Office of Prime Minister.</p>
<p>The appointment aims to revise Thailand&#8217;s image and persuade foreign direct investment to the country, especially from America and Asia-Pacific regions.</p>
<p>Mr. Hynix will be also appointed as an honorary advisor at the Board of Investment, the government agency for investment incentive.</p>
<p>He will be providing an advisory service on investment strategy that is persuasive in the eye of investors to the agency.</p>
<p>Ford said it plans to invest around $450 million in new car assembly lines in Thailand.</p>
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		<title>Real estate sector spurns government incentive package expiry</title>
		<link>http://silomjournal.com/business/real-estate-sector-spurns-government-incentive-package-expiry/</link>
		<comments>http://silomjournal.com/business/real-estate-sector-spurns-government-incentive-package-expiry/#comments</comments>
		<pubDate>Wed, 23 Jun 2010 15:01:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1722</guid>
		<description><![CDATA[The government&#8217;s incentive package to help accelerate the home buying processes did not provoke much the market demand as many had expected, the Thai Real Estate Association&#8217;s secretary and managing director at Summakorn Plc Kittiphol Pramote told reporter in an interview at his office.
&#8220;The political did,&#8221; he said in an intimacy disposition with a dimple [...]]]></description>
			<content:encoded><![CDATA[<p>The government&#8217;s incentive package to help accelerate the home buying processes did not provoke much the market demand as many had expected, the Thai Real Estate Association&#8217;s secretary and managing director at Summakorn Plc Kittiphol Pramote told reporter in an interview at his office.</p>
<p>&#8220;The political did,&#8221; he said in an intimacy disposition with a dimple on a smiling cheek. &#8220;According to home sale data for April comparing to the previous month, there were 34,000 deals during March against 7,700 in the month.&#8221;</p>
<p>The government&#8217;s bloodiest crackdown on protesters in decade in April had cut buyers&#8217; mood down significantly.</p>
<p>&#8220;There is also problem from the financial sector. Since lending regulations are stricter, the property ownership transfer processes are a lot more difficult.&#8221;</p>
<p>Mr. Pramote noted it’s time the property developers go on their way such as organize a promotional campaigning of premium-free. However, he admitted that the measure has created choices for decision making rather than buying demand.</p>
<p>Mr. Pramote predicted the market this year will grow by five percent to ten percent, depending on the critical level of political situation.</p>
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		<title>Thailand mulls supporting Dawei seaport project as export hub</title>
		<link>http://silomjournal.com/business/thailand-mulls-supporting-dawei-seaport-project-as-export-hub/</link>
		<comments>http://silomjournal.com/business/thailand-mulls-supporting-dawei-seaport-project-as-export-hub/#comments</comments>
		<pubDate>Mon, 21 Jun 2010 15:02:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1714</guid>
		<description><![CDATA[The Thai government is thinking about supporting the deep seaport construction project in Dawei City, Myanmar (Burma) as the region&#8217;s next sea-transportation hub, according to Deputy Minister at the Office of Prime Minister Putthipong Punnagun.
He said the country will be benefitted from the project for both importing and exporting activities.
The cabinet meeting presided by Prime [...]]]></description>
			<content:encoded><![CDATA[<p>The Thai government is thinking about supporting the deep seaport construction project in Dawei City, Myanmar (Burma) as the region&#8217;s next sea-transportation hub, according to Deputy Minister at the Office of Prime Minister Putthipong Punnagun.</p>
<p>He said the country will be benefitted from the project for both importing and exporting activities.</p>
<p>The cabinet meeting presided by Prime Minister Abisit Vejachiva on Monday has assigned the Foreign Department to liaise with the Myanmar government about the Thai government support of the project.</p>
<p>Mr. Putthipong said the Thai government will help constructed a 190-kilometer highway from the Thai border to the seaport.</p>
<p>&#8220;This is an important investment,&#8221; Mr. Putthipong told reporters. &#8220;Upon completion of the project, we can establish commercial links between the east and the west coasts.&#8221;</p>
<p>The Dawei seaport project is funded by the Chinese government. It is expected to be new sea-transportation portal between China and the West.</p>
]]></content:encoded>
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		<item>
		<title>Auto export seen 42.93% growth in March</title>
		<link>http://silomjournal.com/business/auto-export-seen-42-93-growth-in-march/</link>
		<comments>http://silomjournal.com/business/auto-export-seen-42-93-growth-in-march/#comments</comments>
		<pubDate>Thu, 22 Apr 2010 16:40:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1659</guid>
		<description><![CDATA[The Federation of Thai Industry (FTI)&#8217;s Automotive Division released auto export data for March increased 42.93 percent compared with the same month a year ago.
FTI spokesman Surapong Paisitpatpong showed that the total vehicles export of the month was 63,949 units worth 29.85 billion baht. The increase in shipment was pushed by stronger demand from the [...]]]></description>
			<content:encoded><![CDATA[<p>The Federation of Thai Industry (FTI)&#8217;s Automotive Division released auto export data for March increased 42.93 percent compared with the same month a year ago.</p>
<p>FTI spokesman Surapong Paisitpatpong showed that the total vehicles export of the month was 63,949 units worth 29.85 billion baht. The increase in shipment was pushed by stronger demand from the Middle East markets.</p>
<p>The total vehicle export for the first quarter of the year concluded at 196,537 units with total value of 92.75 billion baht, up 41.59 percent from the same period a year ago and 46.33 percent in value.</p>
<p>The domestic auto production is also increased in March with total volume of 150,119 units or 129.37 percent higher than the same month last year, while domestic auto sale concluded at 63,067 units in March, up 52.6 percent from a year ago.</p>
<p>Mr. Surapong said the government stimulus package is seen effectively pushing the people demand for spending.</p>
<p>He said the FTI may need to revise the country production data on vehicle from currently estimated at 1.4 million units to be in accordance with the economic data, which may be mainly impact from political crisis and the market sentiment consequently.</p>
]]></content:encoded>
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		<title>CPALL plans joining elite club of 100-billion in earning</title>
		<link>http://silomjournal.com/business/cpall-plans-joining-elite-club-of-100-billion-in-earning/</link>
		<comments>http://silomjournal.com/business/cpall-plans-joining-elite-club-of-100-billion-in-earning/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 20:42:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>

		<guid isPermaLink="false">http://silomjournal.com/?p=1596</guid>
		<description><![CDATA[CP All Plc (CPALL)&#8217;s chairman Korsak Chairassameesak said the company hopes to generate around 110 billion baht in sale for 2010, up 10 to 15 percent from 2009 of 90 billion baht through over 5,300 seven-eleven stores across the country.
He said nation&#8217;s largest retail chain also plans to expand its stores to 7,000 locations by [...]]]></description>
			<content:encoded><![CDATA[<p>CP All Plc (CPALL)&#8217;s chairman Korsak Chairassameesak said the company hopes to generate around 110 billion baht in sale for 2010, up 10 to 15 percent from 2009 of 90 billion baht through over 5,300 seven-eleven stores across the country.</p>
<p>He said nation&#8217;s largest retail chain also plans to expand its stores to 7,000 locations by 2013.</p>
<p>&#8220;We plan to open around 400 and 500 new stores yearly,&#8221; Mr. Korsak said. &#8220;That means we&#8217;ve added four to five new stores daily.&#8221;</p>
<p>Seven-eleven said it welcomes an average of 1,200 customers per store daily.</p>
<p>To secure its sustainable growth program, the company joins hand with Thai leading lenders to facilitate the loan processes for new entrepreneurs of the franchise with up to 2.5 million baht in loan term and rapid approval package of only three business days.</p>
<p>The loan is non-secured with up to 10 years repayment period at the MLR privilege.</p>
]]></content:encoded>
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