Thai Airways International Plc (THAI) plans to operate direct flights between Bangkok and Oslo from June 15 onwards.
ACM Narongsak Sangapong, THAI’s senior executive vice president and acting president, yesterday disclosed that the national flag carrier will fly to the capital of Norway five days a week, on Monday, Wednesday, Friday, Saturday and Sunday, using  A340-500 aircraft for the 11-hour flight time.
ACM Narongsak said the number of Norwegian tourists to Thailand has increased by about 14.3 percent during the past three year, flying from Copenhagen and Stockholm, so the operation of …

Thai Union Frozen Products Plc (TUF), Thailand’s major processor and exporter of canned and frozen seafood, plans to set up a new plant in Georgia, USA, as part of its efforts to enhance competitiveness in international market.
TUF president Thiraphong Chansiri yesterday disclosed that the company, through its US subsidiary Tri-Union Seafoods LLC which is based in San Diego, plans to spend about 20 million dollars on the new plant and for the restructuring of an existing plant in American Samoa while some 34-40 million dollars are set for plant upgrades.
The …

BankThai Plc (BT) has officially changed its name to “CIMB THAI Bank Plc” after Malaysia’s CIMB Group fully took control of the Thai bank in early January.
CIMB, Malaysia’s second largest financial services provider which is owned by Bumiputra-Commerce Holdings Bhd, became the single largest shareholder in BankThai with 93.15 percent of the stake after purchasing of a 42.13 percent stake in the Thai bank from the Financial Institutions Development Fund (FIDF) for 5.9 billion baht on November 5 last year and the additional shares from a tender offer closed on …

THAIFEX — Highlight of May 2009 exhibition in Thailand
May 7 – 10, 2009
Event:  Money Expo 2009
Venue:  Queen Sirikit National Convention
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Consumer Finance and Technology Fair is organised by Money & Banking Magazine. 
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