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Applications could hit Bt1 tn this year
The Industry Ministry expects the value of applications for investment privileges and support this year to reach Bt1 trillion, higher than the original target of Bt700 billion.
Industry Minister Prasert Boonchaisuk said applications by Japanese companies would continue to increase, suggested by the fact that Japanese investors applied for support of 216 projects worth Bt149 billion in the first four months, making them the dominant players among a total of 747 applications worth Bt509 billion in the period.
“The value of the applicant projects in the first four months is very high, suggesting that the total value this year could reach Bt1 trillion,” he said. Japanese businesses are keen to invest in the environment-management system in Thailand, he added.
Textile, garment exports rise 2.6%
The Thailand Textile Institute says the export of textiles and garments in the first four months of the year rose 2.6 per cent to US$3.242 billion (Bt99.36 billion), of which $898 million was the value of garment exports, which dropped 5.4 per cent year on year. Yarn-export value rose 8.6 per cent to $306 million.
The decline of garment exports is due to low demand in euro-zone countries, while demand for many types of textile did well, as the major markets are in Asia.
Big C leadership programme
Big C Supercenter and Mahidol University International College this week signed an agreement to initiate the “Mahidol University and Big C Executive Degree in Leadership Programme” to groom and develop future leaders of the retail industry in preparation for the Asean Economic Community.
The 10-month programme will commence in July with participants who are directors in the Big C store operations team, district managers and store general managers across the country. Big C and Mahidol University will soon broaden the scope of the collaboration to include internships and management trainee programmes to identify and develop potential talents and prepare them for careers in the retail industry.
Thailand tops Asian markets
Thailand was voted the most popular hospitality investment market in Asia by industry and investment executives who attended the fifth annual Asia Pacific Hotel Investment Conference here last week, followed by Cambodia, Myanmar, Indonesia Vietnam and the Philippines.
The result, which came in a survey conducted by Questex Hospitality Group during the conference, held at Bangkok's Dusit Thani Hotel.
The Asia Pacific Hotel Investment Conference saw 300 delegates representing over 100 hospitality companies in attendance.
