Briefs
Intel Logistics preparing for listing on the SET
Intel Logistics Co, which specialises in transporting dangerous items, is conducting a study on listing on the stock exchange, while planning to invest more than Bt100 million for expansion of its container-logistics business.
Of the planned investment, Bt90 million will be used to acquire land in Rayong province and the rest for developing it.
Chief executive officer Yothin Trangansri said the company was also studying whether to partner with PTT Polymer Logistics on transporting plastic pellets through containers for export.
“We have transported plastic pellets for PTT Polymer Logistics for a long time. Now it has apolicy [is an appropriate time] for us to upgrade our service,” he said.
Intel Logistics is developing land for storage of containers before transporting them to Laem Chabang and Map Ta Phut ports for export. It expects the container yard to be in service commencement before the end of this year.
Yothin said there continued to be bright prospects for hazardous-items logistics service, but there was a shortage of qualified drivers
Indorama Ventures workers in Turkey ‘safe’
Indorama Ventures advised the Stock Exchange of Thailand yesterday that it did not expect any material impact on its operations in Turkey from the current political situation arising from the recent coup attempt there.
IVL said it had two plants in Turkey that contribute around 3.5 per cent to revenues and constitute 2 per cent of total assets of IVL.
IVL’s Turkish operations have about 200 permanent employees. All employees are safe, it told the SET.
The company is in constant touch with its Turkish operations and is closely monitoring the situation, it says.
NBTC wants integrated power line laws
The National Broadcasting and Telecommunications Commission has proposed that the government integrate all laws governing the burial of utility lines.
Many state agencies are involved in the plan including the Bangkok Metropolitan Administration (BMA) and the Rural Roads Department.
Besides Bangkok, the government plans to move all aerial power-transmission and telecommunication lines underground in many provinces such as Nan, Nong Khai, Nakhon Phanom, Khon Kaen, Chiang Mai, Phuket and Ayutthaya, as well as in Hat Yai district of Songkhla and Koh Samui in Surat Thani.
Korkij Danchaivichit, deputy secretary-general of the NBTC, said it was part of the NBTC’s long-term plan to integrate laws to facilitate policy.
The NBTC has already assigned TOT to spearhead the work to move telecom lines underground nationwide.
The NBTC has also drafted regulations to govern the usage and construction of the viaducts for housing the communication lines of the state agencies.
On June 29, the NBTC, the BMA, TOT, the Royal Thai Police and the Metropolitan Electricity Authority (MEA) signed a cooperative agreement to remove electricity and telecom lines from above ground.
The MEA has already finished the pilot project on some main roads, including Phaholyothin Road.
Last September, the Cabinet approved a budget of Bt48.72 billion to bury 127.3 kilometres of utility lines within Greater Bangkok over 10 years to make the capital area safer and more beautiful.
However, the government has since asked the MEA to shorten the plan from 10 years to five years.
UPS expanding Worldwide Express service
UPS has announced the expansion of its Worldwide Express package service to reach 117 countries and territories, providing an earlier delivery option for customers to more locations. UPS delivers more packages internationally than any other carrier.
The UPS Worldwide Express service offers guaranteed delivery on the next business day by 10.30am, noon or 2pm depending on the destination. This year, UPS has introduced the service to 52 additional countries and territories.
“The expansion of UPS services into emerging markets such as Cambodia and Myanmar paves the way for UPS to serve the increasing needs of customers trading to and from these new manufacturing markets,” said Ross McCullough, president of UPS Asia-Pacific Region.
“Over the last 18 months, UPS has expanded our service coverage and portfolio in 35 markets across five countries and territories in the region, to reliably connect Asian businesses of all sizes to the world.”
Boon Tiam Tan, managing director of UPS Thailand, said: “This latest service expansion reinforces UPS’s position as a global leader in reliable, timely and flexible logistics solutions that help power trade.
“International and intra-regional trade lanes are becoming more closely connected, accelerating Thailand’s participation in the global economy. UPS is well positioned to support Thai businesses in capitalising on cross-border growth opportunities, especially to between key emerging Asean economies like Myanmar and Cambodia, as well as other parts of the world.”
