Briefs

The Cabinet yesterday approved the Energy Ministry’s proposal that PTT set up a wholly owned global trading firm in England, PTT International Trading London Ltd, according to MCOT’s Thai News Agency.
The total value of PTT’s share in the trading firm would be Bt21 million.

TURKISH DELEGATION
HERE FOR 2-DAY VISIT

The Turkey-Thailand Business Council will visit Thailand tomorrow and Friday to update the Thai authorities and private sector on the latest business conditions in Turkey.
Meetings have been arranged with the Commerce Ministry, the Thai Chamber of Commerce, the Joint Foreign Chambers of Commerce of Thailand and the Federation of Thai Industries.
The council is among more than 130 business councils under DEIK, an agency responsible for the Turkish private sector’s foreign economic relations. DEIK officials will also host a press conference on Sunday at the Centara Grand and Bangkok Convention Centre at CentralWorld. Thai businesspeople are welcome.

MAZDA TO INCREASE
ENGINE PLANT’S CAPACITY

Mazda Motor Corp says it will increase the annual production capacity of the engine-assembly plant at Mazda Powertrain Manufacturing (Thailand) Co (MPMT) in Chon Buri to 100,000 units in the first half of 2018.
The company also announced a plan to construct a new engine-machining factory with production capacity similar to that of the engine-assembly plant.
Mazda is investing 22.1 billion yen (about Bt7.5 billion) to increase the engine-assembly plant’s annual production capacity.
Meanwhile the new engine-machining plant will enhance its system for comprehensive production in Thailand that includes vehicle bodies, engines and transmissions.
The SKYACTIV-G 2.0 will be added to the engines produced, and the export of engines to vehicle-production sites in Malaysia and Vietnam will begin.
“Enhancing Mazda’s comprehensive production system in Thailand is a key initiative in our effort to strengthen global production,” said Masatoshi Maruyama, Mazda’s managing executive officer in charge of global production.

BUS ROUTES CONNECTING VN, THAILAND TO BE INTRODUCED

Vietnam, Laos and Thailand are considering introducing bus routes to offer the public better transport connectivity among the three countries.
The transport ministries of the three countries agreed to conduct surveys on the routes at the first meeting on the initiative held last December. They also agreed that the operation of these routes would be based on shared interests, which would be identified by their transport enterprises.
Two routes would start from Bangkok, running through Nakhon Phanom province in the Northeast and Laos’ Thakhek town to Vietnam’s Ha Tinh province, while the third route would be from Mukdahan province to Da Nang, Vietnam.
The Directorate for Roads of Vietnam (DRVN) said surveys had been conducted on the first route from Bangkok to Ha Tinh.
The DRVN will coordinate with its Thai and Laotian counterparts to complete surveys on the other two routes, it said.
The second meeting on the initiative will be held this year in Laos, but the date has not been announced. |– Viet Nam News