Thai-European Business Association (TEBA) in association with WHA Industrial Development PLC, Italian Aerospace Network (IAN), and Thai-Italian Chamber of Commerce (TICC) organized the workshop “Moving Forward the Aerospace Industry”, at the Eastern Seaboard Industrial Estate (Rayong). Ms. Siyaphas Chantachairoj, Director – Corporate Marketing, WHA Corporation PCL, welcomed the participants who were given exposure in the aerospace market in China and Asia, trends and opportunities in the Thai aerospace market and BOI incentives for new investors in this growing industry. Among the speakers were Mr. Nantawoot Aksornkaew, Investment Promotion Officer (Professional Level), Thailand Board of Investment; Mr. Karolus Karni Lando, Certification Manager, RINA; Mr. Andrea Spiriti, President, Italia...
January 26th, 2017 TEBA meets with the Minister of Transport, Mr. Mr. Arkhom Termpittayapaisith who spoked to TEBA about the overview of the Ministry of Transport for the year 2017 and actively promoted their new goals while also enthusing TEBA members with their new initaitives.
On the 10th of January, TEBA and its distinguished members were one of the first invited by the Customs Department of Thailand to help them introduce their new “Customs Alliances” initiative to the world.
On June 13th, 2016 , TEBA met with TISI to discuss technicalities & how TISI can support Thai-European platform in the future.
The expansion of foreign investment in the aviation industry would also encourage the transfer of technology and expertise from abroad, said Hugh Vanijprabha, chairman of the TEBA’s Aerospace Committee and the new managing director of Rolls-Royce (Thailand).
Thailand’s Consumer confidence index in June increased to the highest level in eight months at 75.1, according to the Centre for Economics and Business Forecasting of the Thai Chamber of Commerce. The centre director Thanawat Pholvichai said the 75.1 index recorded in June was the highest since November 2013.
The Thai-European Business Association has suggested that the government empower the Board of Investment and its offices abroad by providing more resources in order to promote and increase the communication channels between foreign investors, Thai officials and the Thai private sector. It is hoped the move would encourage more Western investments in the country. The Thai-European Business Association has suggested that the government empower the Board of Investment and its offices abroad by providing more resources in order to promote and increase the communication channels between foreign investors, Thai officials and the Thai private sector. It is hoped the move would encourage more Western investments in the country.
The Board of Investment (BoI) has approved investment applications worth nearly 90 billion baht, mainly for companies making environmentally friendly cars or involved in renewable energy. Secretary-general Udom Wongviwatchai said the BoI approved investment applications worth 89.7 billion baht at Friday’s meeting chaired by Prime Minister Prayut Chan-o-cha.
Japan has long been one of the largest investors in Thailand, especially in the Thai automotive industry, where Japanese automakers have created a significant automotive cluster and comprehensive supply chain. However, major European automakers, especially Volkswagen, have announced to set up facilities in Thailand and take advantage of the opportunities available in the growing Thai and Southeast Asian automotive sector.