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Revised EU carbon plan will hit Asean

Southeast Asian nations including Thailand may lose an opportunity to sell more carbon credits to the European market after 2012 as the world’s largest carbon market is increasing its purchases from less developed countries. The Thailand Greenhouse Gas Management Organisation (TGO) has acknowledged the issue and been in contact with European delegations in Thailand in discussing solutions, said its deputy executive director Prasertsuk Chamornman.

Oil Market Outlook

Crude prices remained at 30-month highs last week as supply worries persisted amid turmoil in Libya and the Middle East. Concerns over softer demand, triggered by interest rate hikes in China and Europe and a major aftershock in Japan, capped a further rally. ICE Brent gained $7.95 from the previous week to settle at $126.65 a barrel. West Texas Intermediate (WTI) rose $4.85 to $112.79.

European SMEs especially keen on Asean presence and role in global supply chain.

PHNOM PENH : The European Union, despite the ongoing economic woes of some of its members, is keen to increase its trade and investment into the smaller countries of Asean as it says there is a greater potential for growth in this part of the world.

Aroma marketing firm smells success

A Finland-based aroma marketing company hopes its new technology will energise Thailand’s printing and packaging industry by stimulating advertising with its low cost. Finland-based KA Aroma Marketing LLC is poised to enter Thailand this year, expecting newspapers and magazines can attract more advertising by offering something new media cannot.

Overview on Smart Grid meeting (30/03/11)

Smart grid is a major topic of interest. Smart grid procedure is to use energy more effectively, by being more efficient as consumer wants cheap and reliable energy today.

BOI approves measure to relieve impact from strong bath

Thailand Board of Investment (BOI) has offered new measures to help allevaite the impact from strong bath

In the mix: diversifying investments

Prime numbers are numbers that can be wholly divided only by themselves and one. Some experts say that prime investments are just as specific and unique. However, this is not really the case. Investment types and styles vary markedly, as do investors’ opinions about what is best suited to their individual needs.

Industry confidence, car exports up

The Thai Industries Sentiment Index (TISI) rose for the third consecutive month to 109.7 in December from 99.7 in November, Federation of Thai Industries (FTI) chairman Payungsak Chartsuthipol said on Thursday.

Business as usual in border areas

Amid rising concerns over the recent border clashes between Thailand and Cambodia, Thai businesses insist it is business as usual because they are confident the clashes will remain contained.

Seminar: Renewable Energy Development and Investment Horizons towards Smart Grid

This seminar is mainly addressed to company CEOs, Chief developers and engineers and other professionals of the Energy sector in Thailand willing to: • Understand from the Ministry of Energy’s core policy maker what are the new policies and planning to support country’s clean energy development in short and long terms towards Smart Grid. • Gain insights from BOI into their planned investment criteria for energy projects • Identify opportunities and exchange ideas to strategisebusiness development. • Stay up to date and be competitive in this dynamic sector

Asean integration ‘on the right track’ Trade facilitation remains top priority

The 10 Asean economies have moved closer to removing import taxes and business barriers to market penetration and competitiveness in terms of scale, say business representatives.

EU urges Thailand to speed up FTA

The EU is calling on the Thai government to speed up opening free trade negotiations with it, saying otherwise the country could lag behind its neighbours about to gain more benefits from the grouping’s new trade policy.