1,500 businesses to be surveyed
for Value Added Index
The Thailand Productivity Institute is preparing to
gather information from 1,500 businesses in 10 different industries around
the country to work out the Value Added Index of the country.
The Thailand Productivity Institute held a seminar at
Lotus Pang Suan Kaew Hotel, Chiang Mai, where Thawatchai Tangsa-nga, the
director, said the business productivity measurement is an important tool
that entrepreneurs can use to estimate their international business
capability and identify their strong and weak points in the running
business, and develop in the right direction.
The director of Thailand Productivity Institute added
that the government is behind the concept and the director begged the
businesses to supply the exact information.
The institute would select 200 businesses as the pilot
group and the assessment would run from February to September.
Government to shave
corporate tax for oil traders
The government has approved a proposal to cut the
corporate tax for oil trading companies from the present 30 % to 10 % to
support Thailand’s initiative to become the energy hub in Southeast Asia.
The bill is expected to be passed within two weeks.
The Ministry of Energy said it would use PTT Plc, PTT
Exploration and Production Plc (PTTEP), and the Electricity Generating
Authority of Thailand (EGAT) as the international investment arms for its
plans to promote Thailand as an energy hub in the region.
Minister of Energy Prommin Lertsuridej, said the
government aims to make the Kingdom a regional hub for electricity, oil,
fuel, natural gas, petrochemicals, and cooking gas. Eventually Thailand
plans to set up a link with Indo-China which would allow Thailand to supply
electricity to other parts of Asia. (TNA)
Thais asked to help save energy
Energy Minister Prommin Lertsuridej is calling on Thai
people to help save energy to ease the burden on the government’s fuel
price cap. He said gasoline prices in the world market had begun to decline
gradually since the Chinese New Year festival. However, diesel oil prices
are slightly higher because the demand has increased in Europe, where the
weather is now very cold.
The minister said he wanted people to help save fuel
consumption since the government is using the Oil Fund to cap prices by
spending around 1-2 baht per liter, or 80-90 million baht per day.
Dr. Prommin projected that the fuel situation would
return to normal in the next two months, and the government would not need
to cap fuel prices after that. He said, however, that the government’s
measure on the fuel price cap had kept product prices in the market under
Chiang Rai pushing
ahead with mega-development
Chiang Saen port, motorway and cable cars
The future for Chiang Rai is rosy, according to Narin
Panitchakitch, Chiang Rai governor. A clearer picture of the Chiang Rai
development plan will be apparent this year, after the recent government
approval for constructing and opening of the Chiang Saen river port on the
The development plan for the Chinese-Thai joint venture
industrial estate in Chiang Saen district, is also expected to be approved
by the authorities this year, and the Highways Department has also agreed to
build the Chiang Mai-Chiang Rai motorway costing more than 10 billion baht.
Chiang Rai governor Narin discussed the mega-plan with
Somjet Tercacoop, deputy secretary-general of National Economic and Social
Development Board (NESDB), Anchalee Chawanitch, governor of Industrial
Estate Authority of Thailand, Charndej Wongcharoen, deputy director of the
2nd Highway District Office, Thwalrath Ornsira, deputy director-general of
Water Transport and Water Commerce department and other government agencies
at Chiang Rai City hall.
Reviews were also made of the development strategies for
trade and investment projects with the neighboring countries in the Greater
Deputy Prime Minister Somkid Jatusripitrak is
instrumental in pushing this development, especially the establishment of a
special border economic zone including the Thai-Chinese industrial estate.
The meeting also discussed the Thai-Lao friendship bridge
to be built across the Mekong River in Chiang Khong district, and a
connecting road linking Thailand, Laos and south China, which is expected to
be finished by 2007.
Another development project is a cable car system linking
Thailand, Burma and Laos.
***Advertorial***: Dinotec -latest water process technology
Chlorine-free bathing pleasure
Dinotec Chiang Mai offers the complete range of the most
modern water care products, as well as lots of advice how to build the
‘tailor made’ swimming pool for your home. Dinotec provides and
safeguards the swimming pool water treatment for the Olympic Games 2004 in
Athens. Their NOVA Crystal long life water care system goes in trend with
the times, offering easy, safe
S Automatic measuring, control and dosing unit for the pH value.
application and at the same time protecting
swimming pool water from the formation of algae and bacteria. They told us
that shimmering blue swimming pool water is no guarantee of proper water
quality. Only a correct pH value and an optimal disinfection ensures pool
water that even small children can feel well and safe. This can be achieved
by dsc swimming pool computer series and the measuring methods, unique to
Dinotec. It combines advances measuring and control technology with the
requirements of a private swimming pool.
PM promises overhaul
of chicken industry
Prime Minister Thaksin Shinawatra has pledged a radical
overhaul of Thai chicken farming methods in response to the avian flu
crisis, saying that farmers will be encouraged to turn to closed farming
methods to prevent similar epidemics in the future.
The prime minister unveiled a raft of long-term measures
to stem off the swelling tide of concern that avian flu could strike again.
Speaking in Suphan Buri Province, which has been worst
affected by the flu outbreak, Thaksin hinted of a mass vaccination program
which would be carried out each year before the seasonal migration of ducks
from China. But he also conceded that it would be necessary to kill all
chickens to halt the immediate crisis.
“We will have to kill all chickens, as well as other
kinds of poultry and partridges, even if they do not show signs of disease,
in order to prevent the spread of the epidemic. This epidemic has now
covered the entire province of Suphan Buri. We must act decisively. Chicken
coops must be made free from chickens. They must be sprayed and abandoned
for a while before they are used again,” Thaksin said.
“When this crisis is over, I will ask the Ministry of
Agriculture and Agriculture Cooperatives to find ways to help farmers make
the changes,” Thaksin said. (TNA)
Central bank still worried
about credit card debts
The Bank of Thailand (BOT) has again expressed its
concern over mounting debts in the credit card system, warning it would
strictly oversee the issuance of credit cards by non-financial institutional
companies unless the situation improved.
Tarisa Watanagase, Deputy Governor of the BOT’s
Financial Institution Stability Group, said, “The credit card business has
considerably expanded by around 16-17 percent from last year, and
non-performing loans (NPLs) in the business have increased accordingly. At
the end of September last year, the NPLs accounted for 6 percent of total
debts. The normal level of NPLs in the system should be at 3-4 percent.”
The BOT said it will take time to study, and sort out the
problem before issuing measures to deal with it, but Tarisa conceded it
would be difficult to control spending through credit cards since people
love to spend in a comfortable way. She added that unfortunately, many
credit card holders are impulse-buyers and don’t use discipline in
Tarisa said the BOT would attempt to oversee the credit
card business in terms of consumer protection such as disclosure of
information of card issuers, interest rate calculation, and debt burdens.
She said the central bank was ready to strictly control the issuance of
credit cards if loans in the business grew too fast.
Regarding hire-purchase loans of big-ticket items, the
BOT views the situation less worrisome because consumers are more regimented
with spending plans. (TNA)
*** Advertorial ***: Horeca - one-step ahead again!
Horeca, who pride themselves on being the one stop
distributor for hotels, announced that they are now the exclusive
distributor of Surapon foods in Chiang Mai and have priority for the other
Surapon Foods was established in 1977 and is one of the
leading manufacturers and exporters of frozen seafood in Thailand. Their
products include frozen seafood, Dimsum and a new product “frozen meal”.
Surapon have diversified into many other varieties of frozen foods and
seafood ranging from conventional seafood (shrimp, cuttlefish, squid),
processed foods (steamed dim sum and deep fried items), sushi toppings
(sushi ebi, cuttlefish, sliced eel, etc.), and breaded seafood (breaded
shrimp, breaded fish fillet).
Their principles of food hygiene meet those of Horeca at
the same level. Both companies only accept the highest standards throughout
the entire handling chain, from producer to consumer.
Surapon Foods hold that freshness, preservation and the
development of better product quality take priority in the production
processes. They have received awards from both local and international
organizations which attests to this fact. These include: ISO 9002 in 1998
and upgrade to ISO9001:2000 in 2003 Certified by Bureau Veritas Quality
International (BVQI); Prime Minister’s Export Award Outstanding
Performance as the Best Exporter in 1994 and 1998 for Distinctive
Development and Marketing; HACCP (Hazard Analysis Critical Control Point)
presented by Campden and Choieywood Food Research Association, England and
The National Food Institute of Thailand; GMP (Good Manufacturing Practice)
grade A presented by Department of Fisheries and Pre-certification presented
by Ministry of Health and Welfare Japan.