PM says the world needs more
The government will provide financial support to Thai
people living overseas who want to open Thai restaurants so that Thai
cuisine will be expanded worldwide, according to Prime Minister Thaksin
During his recent official visit to France, Thaksin told
the Thai community in Paris that Thais overseas who want to open Thai
restaurants could seek financial support from Thai Embassies abroad.
"The government promotes and supports the expansion
of Thai restaurants globally. Therefore, Thai people living overseas who
want to open Thai restaurants can contact Thai Embassies in their respective
countries to ask for loans to be used for running the business,"
Thaksin said. (TNA)
FTI revives project to set up international trading companies
Tax beaks and access to loans considered to be vital incentives
The Federation of Thai Industries (FTI) is reviving plans
to establish international trading companies to act as export
representatives. At the same time FTI is requesting tax and interest
concessions for small and medium-sized enterprises (SMEs).
FTI president Praphat Phothiworakhun said that the FTI
and the Thai Chamber of Commerce has joined with the National Economic and
Social Development Board (NESDB), the Department of Export Promotion and the
Office for the Promotion of Small and Medium Enterprises to determine ways
to add value to export products.
International Trading Companies (ITCs) were briefly set
up in 1998, but soon disbanded due to insurmountable obstacles.
Praphat said that the ITCs, which would be run as private
sector agencies, would assist SMEs in exporting their products onto the
global market. "The ITCs will form a conglomeration of businesses from
each industrial sector, and members must be listed companies with a secure
financial base, expertise in exports, the ability to research and develop
their products to meet international standards, and initiate a network of
contacts at home and abroad," said Praphat.
The plans call for the ITCs to liaise with financial
institutes in order to facilitate access to sources of credit for the
purchase of raw materials, machinery and equipment.
At the same time, the ITCs will request investment
privileges from the Board of Investment of Thailand (BOI), customs and
taxation privileges, and low interest rates on loans from the Export Import
Bank of Thailand. (TNA)
DHL changes name
to DANZAS after merger
DHL International (Thailand) launched its new "DANZAS"
transportation and parcel delivery brand name after a recent merger with
Deutsche Post World Net (DPWN).
DANZAS is now the world’s largest express
transportation and logistics company.
“How to Succeed in e-Commerce Businesses”
The Thai government says SME’s can reach international
standards of trade by using e-commerce systems at all levels of businesses.
To this end, the Northern Export Promotion Center organized a seminar,
"How to Succeed in e-Commerce Businesses" for over 100 SMEs in the
northern area at Imperial Mae Ping, Chiang Mai, May 12-15.
Yawaithaya, the managing director of Maxsa Ving Co., Ltd. was as a guest
speaker at the Northern Export Promotion Center’s seminar How to Succeed
in E-Commerce Business at Imperial Mae Ping, Chiang Mai.
Training Institute for Foreign Trade, Department of Export Promotion
recently organized a meeting at Imperial Mae Ping Hotel on "How to
succeed in E-commerce business", which was participated by interested
public including e-commerce operators.
Tassanee Sutorapak, the director of the International
Trade Training Center said that e-commerce could help local entrepreneurs be
more efficient in all areas of their business. "Thai businessmen should
adapt themselves more than ever because international traders have been
using the e-commerce system. Most large entrepreneurs have used this system
but fewer small and medium entrepreneurs apply this kind of commerce to
their operations," said Tassanee.
Currently there are more than 9,000 Thai entrepreneurs registered in the
e-commerce system with the Department of Export Promotion. It is expected
that the SMEs will follow suit. The government also sees this system to be
consistent with its own e-government project.