BAY's president and CEO Tan Kong Khoon
 
 

Bank of Ayudhya Plc (BAY), Thailand’s fifth largest commercial bank, is in the process of acquiring a Thai subsidiary of American International Group and the consumer financial businesses of General Electric units.
According to two separate statements made on Friday by the bank, BAY said the transaction for it to acquire the AIG’s subsidiary, CFG Services Co Ltd (CFGS), is pending an approval of its shareholders at a meeting on August 20 and then another approval from the Bank of Thailand and is expected to …

Here is the speech by Prime Minister Abhisit Vejjajiva at the opening of the Thailand Competitiveness Conference 2009, entitled “Thailand Competitiveness: Potential and Placement in the World Arena”, held yesterday at Four Seasons Hotel in Bangkok.

 
Your Excellency Alongkorn Polabutr, Deputy Minister of Commerce,
Khun Dusit Nantanakorn, Chairman of the Board of Trade of Thailand,
Prof. (Stephane) Garelli and Ms. (Suzanne) Rosselet, Directorate, IMD’s World Competitiveness Center,
Distinguished Participants,
Ladies and Gentlemen,
 
(On Thailand As Is – Rankings by the Institute for Management Development, the World Economic Forum and the World Bank)
It is a great …

Prime Minister Abhisit Vejjajiva yesterday said Thailand is unlikely to encounter an economic deflation, due to the government’s plan to inject 800 billion baht into the country’s economy through its economic stimulus programmes.
Abhisit said he believes that after the government invests such a huge amount of 800- billion-baht budget through various stimulus programmes, domestic consumer prices would be supported as the funds could generate more employment and money would circulate in the system.
Therefore, the premier said, the economic deflation will not occur, adding that the government has opted to borrow …

Made In Thailand 2009: Highlight of July 2009 events
 
 
 
 

July 2 – 5, 2009 
Event:  Commart X Gen Thailand 2009 
Venue:  Queen Sirikit National Convention Center

Description:
The grand cutting-edge IT products consumer fair offers at very special prices. 
Organiser:  AR Information & Publication Co., Ltd. 
Tel:  +66 (0) 2 642 3400

Event’s URL:  www.commartthailand.com
July 2 – 12, 2009
Event:  Paragon Electronica Showcase
Venue:  Royal Paragon Hall, 5th Floor, Siam Paragon