
Thailand’s border trade with Myanmar has been hit by severe flooding in the neighbouring country, said Suchat Triratwattana, the former chairman of the Tak Chamber of Commerce.
He said one-third of regular buyers at the Mae Sot-Myawady trading post had been affected by the floods.
Donations of food and other items have been sent to a foundation in Tak province, which will later deliver the items to Myanmar’s Kayin state, which borders Tak.
In June, the value of Thailand-Myanmar border trade was US$560.9 million (Bt19.72 billion), the lowest in six months. In the first six months of this year, border trade was valued at $3.4 billion, or $574.5 million as a monthly average, according to the Bank of Thailand.
Honda exports
up 27% in first half
Honda’s automobile exports surged 27 per cent to Bt40.8 billion in the first half of this year, thanks to increasing demand for its City model in Asia and Oceania as well as the recent launch of the HR-V crossover sport-utility vehicle.
“We are pleased with the export performance of Thai operations in the first six months of 2015 despite sluggish sentiment overall,” Pitak Pruittisarikorn, chief operating officer of Honda Automobile (Thailand) Co, said yesterday.
SET Opportunity Days start Monday
The Stock Exchange of Thailand will hold its quarterly “Opportunity Days”, where listed companies’ top executives meet directly with analysts and investors, from August 10 to September 17.
This event will showcase 145 firms, the most ever, with a combined market capitalisation of Bt5 trillion, SET executive vice president Santi Kiranand said.
These sessions will be broadcast live and recorded, and then made available for viewers to watch at their convenience on the SET’s website, or via the SET Application on iPhones or on iPad or Android tablets.
To view live “Opportunity Day” webcasts, download the presentation or send online inquiries to presenters directly, people can visit www.set.or.th/oppday.
THAI suspends bali flights due to ash
Thai Airways International cancelled its flights in and out of Denpasar, Bali, yesterday as wind blew volcanic ash over the Indonesian island’s main airport. The ash from Mount Raung, on Java island, was blowing into flight paths.
Thus Indonesian authorities closed Denpasar Airport from noon to 6pm yesterday and asked all airlines to cancel their flights that day because of risks posed by the ash.
The airport is to reopen today.