Make Chiangmai Mail | your Homepage | Bookmark

Chiangmai 's First English Language Newspaper

Pattaya Blatt | Pattaya Mail | Pattaya Mail TV

 
 
Business - Travel - Tourism
 

Fruitamin launched in the North

Orachorn Chanwiwattana (2nd left), District Director and General Manager of Central Festival Chiang Mai, Pongsakorn Pongsak (5th left) Chief Executive Officer of Drinkologist Co., Ltd., Voravat Tantranont (4th left) Executive Director of Robinson Chiang Mai and distinguished guests joined in the debut in the North of the newest juice product; “IF Fruitamin” juice made from real fruit. The event ended with a meet and greet activity with James Mar at the 1st floor of Central Festival Chiang Mai.


Bank of Thailand keeps key interest rate unchanged at 2.00%

The Bank of Thailand’s Monetary Policy Committee (MPC) on Wednesday voted 6-1 to maintain its benchmark interest rate at 2.00 per cent per annum.

The Bank of Thailand’s Monetary Policy Committee Secretary Paiboon Kittisrikangwan reported that the BOT will keep the current rate at 2% as the economy is expected to contract further in the first quarter than earlier predicted.

MPC Secretary Paiboon Kittisrikangwan said the growth of the Thai economy in the first quarter of 2014 is expected to contract more than previously anticipated due to declining domestic demand. The MPC, then, voted 6 to 1 to maintain the policy rate at 2.00 per cent.
He said, one member voted to lower the policy rate by 0.25 per cent, to sustain policy easing in supporting growth.
Mr. Paiboon said private investment and tourism have felt greater impacts from political uncertainties. Exports of goods gradually improved but could not offset the overall subdued growth. Looking ahead, he said, the prospect for economic recovery hinges importantly on the political developments.
Economic expansion this year is expected to be lower than previous assessment, and driven mainly by exports. Inflationary pressure rose in line with expectations.
The committee deems prolonged political uncertainties as the main cause for higher downside risks to growth. Financial conditions are accommodative, and are not hindering domestic spending. Current monetary policy remains appropriately supportive of the Thai economic recovery. (MCOT)


CPN Summer Now event promotes summer shopping

Chiang Mai Governor Wichien Puthiwinyoo is joined by U.K. Honorary Consul Ben Svasti Thomson and Orachorn Chanwiwattana,District Director and General Manager of Central Festival Chiang Mai for the fashion show. (Photo by Nopniwat Krailerg)

Wipanee Intapan
CPN Summer Now at Central Festival is more than a fashion show of the latest summer trends in the X!! Beach Exclusive Party but it was also a Full Moon Style DJ Party and Swimsuit Fashion Show as well as discounts and promotions offered by participating retailers and a lucky draw for two return tickets to Singapore on SilkAir.
The promotion has a budget of 50 million baht and will ran through April 30, 2014 at Central Festival Chiang Mai as well as at Central World, Central Plaza and Central Festivals throughout the country.
Dr. Nattakit Tangpoonsinthana, Executive Vice President of Marketing of CPN said that “CPN Summer Now 2014” is the big campaign from CPN that everyone was waiting for, especially fashionistas. The summer campaign by CPN was a big success last year so they organized an encore this year.

Summer beach wear was the feature of the fashion show held at Central Festival on April 26, 2014. (Photo by Nopniwat Krailerg)


MOU with Indo-China Intersection Development Institute to create medical hub

Assoc. Prof. Dr. Sitthichai Wanachantararak the President of the Chiang Mai Health Services Promotion Association and Gen. Siri Tiwaphan, President of the Indo-China Intersection Development Institute signed an MOU of cooperation between the two organizations on April 22, 2014.

Nopniwat Krailerg
The Chiang Mai Health Services Promotion Association Committee signed a Memorandum of Understanding (MOU) with the Indo-China Intersection Development Institute to develop and promote Chiang Mai as a hub for medical services in Asia. The MOU signing, which took place on April 22, 2014 at the Plub Pla Restaurant was between Assoc. Prof. Dr. Sitthichai Wanachantararak the President of the Chiang Mai Health Services Promotion Association and Gen. Siri Tiwaphan, President of the Indo-China Intersection Development Institute.
The Association realizes that now is the time to carry out the vision to establish Chiang Mai as a hub for medical services in Asia as Chiang Mai will become an important destination due to its proximity to many of the AEC communities. The Government has proposed four provinces to start developing their facilities to become a medical hub; Bangkok, Phuket, Surat Thani and Chiang Mai.
The Association will be encouraging the development of such services as medical and dental as well as such services as spa, massage and long stay, herbal product and Thai Traditional Medicine and Alternative medicine.
Chiang Mai is readying itself to become a hub for ASEAN and preparing for entry to the AEC by offering programs to improve English sills, investing with GSM and BISTEC neighbors and reinforcing the public transportation network by connecting the Muang District of Chiang Mai with outer parts of the province and neighbors. The public and private sectors will work together to obtain world class standards and the Chiang Mai Health Services Promotion Association is working to ensure the health services industry is ready for the AEC.


Thai Chamber of Commerce promotes development of border trading

The Thai Chamber of Commerce (TCC) has recommended focusing on border trading as a way to boost revenue for the country, as trade in Thailand has been sluggish this year.
Issara Vongkusolkit, the president of the TCC, revealed that his organization supports border trade expansion by coming up with appropriate strategies to increase trade across countries. One of those strategies is to transform several temporary border trade areas and make them become permanent areas in order to increase trading activities and attract more tourists.
In addition, the TCC has recommended that transportation and logistics routes all be interconnected and to increase the number of trading activities within economic hubs. He also advised on developing trading relationships across neighboring countries.
Border trading in Thailand has expanded by 7.23 percent since the first two months of this year and trade volumes have reached 99.2 billion baht. (NNT)


HEADLINES [click on headline to view story]

Fruitamin launched in the North

Bank of Thailand keeps key interest rate unchanged at 2.00%

CPN Summer Now event promotes summer shopping

MOU with Indo-China Intersection Development Institute to create medical hub

Thai Chamber of Commerce promotes development of border trading