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  • Tom 9:32 pm on November 29, 2009 Permalink
    Tags: , , , Dubai economic, , , gold price, , , , OPEC, , payments, Petroleum, , , , , , , world stock market, would   

    Dubai economic collapse has little impact on Thailand economy 

    The Business Bay Executive Towers in Dubai Metropolis

    The Business Bay Executive Towers in Dubai Metropolis: Flickr.com

    Dubai economic fallout would not affect trading between Thailand and Dubai, according to the Director of the Center for Economic and Business Forecasting (CEBF) of the University of the Thai Chamber of Commerce, Mr. Thanavath Phonvichai.

    Mr Thanavath stated that the case of the Dubai World, the main investment company in Dubai,which requested the rescheduling of payments of US$59 billion (2.1 trillion baht) in debts last Friday had to be closely monitored during these two weeks although a clear process had been announced by Dubai government. However, he also said that the situation would depend on the central government of United Arab Emirates (UAE), adding the rescheduling of debt payment could affect the world stock market and gold price worldwide. Additionally, he believed that a clearer operation would bring back a normal situation in Dubai and global countries. (More …)

  • Tom 10:22 pm on November 28, 2009 Permalink
    Tags: , , adventurous activities, , Christmas holiday, , , , , New Year holiday, , , , room reservations, , , , , , would   

    Phuket´s room reservations hit 80% after festive season 

    The Tourism Authority of Thailand (TAT) reveals the accommodation occupancy rate in Phuket after Christmas holiday is still as high as 80%.

    Director of TAT Phuket, Ms Bang-onrat Chinaprayoon said that according to hotel and tour operators, room reservations in Phuket during the high season are on the rise and the occupancy rate has climbed up to 80% after the Christmas and New Year holidays.

    Ms Bang-onrat added that Phuket is ready to deal with increasing number of visitors. Once the tourists have checked in, they can conveniently travel around the city, join adventurous activities, go diving and try other recreational programs. Travelling to nearby provinces like Phang-nga and other Andaman cities is also convenient. She believed that the variety of activities on offer would encourage the tourists to stay longer. (NNT)

  • Tom 6:15 pm on September 1, 2009 Permalink
    Tags: , , , , creative economy, Creative Hub, development, , , , GDP, gross domestic product, , , Thai Khem Khaeng, , would   

    Thailand to be pushed as ‘ Creative Hub’ in ASEAN 

    Photo: padccreativehub.com

    Photo: padccreativehub.com

    The public and private sectors signed 12 agreements relating to creative economic development in an effort to propel Thailand to be a ‘Creative Hub’ within the ASEAN community.

    The projects under the 12 agreements will be financed by a budget of 20 billion baht, allocated from the Thai Khem Khaeng scheme. The projects are aimed to increase the proportion of creative economy by 20 percent of the nation’s gross domestic product (GDP) in 2012. (More …)

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