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