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Honda may spend $650 million to restore Thai plant: report

Reuters 17.01.2012
Honda may spend $650 million to restore Thai plant: report

Honda Motor Co (7267.T) will completely overhaul its flood-hit factory in Thailand in a project that could cost more than 50 billion yen ($650 million), the Nikkei business daily reported on Sunday.

Thailand's tourist arrivals rise 21 per cent

Monsters and Critics.com 17.01.2012
Chevron Orders Three New Rigs From Transocean for Thai Drilling

Chevron Corp., the second-largest U.S. energy company by market value, ordered three new shallow- water drilling rigs from Transocean Ltd. that will be used in Thailand exploration projects starting in 2013.

Thailand's tourist arrivals rise 21 per cent

Thailand's tourist arrivals in the first 11 months of 2011 rose 21.2 per cent year-on-year despite the negative impact of widespread flooding in October and November, government sources said Monday.

Thai court won't halt increase in gas prices

The Central Administrative Court has turned down a request for it to issue an injunction against the government's decision to raise transport sector gas prices.

Protection for financial consumers

The Bank of Thailand yesterday introduced the Financial Consumer Protection Centre (FCC), aiming to manage complaints and deepen knowledge in increasing complicated financial services to financial service users.

Standard & Poor's Cuts Credit Ratings for Nine Euro Zone Nations

Standard & Poor's downgraded the credit ratings of nine euro zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, in a Black Friday 13th for the troubled single currency area.

Bank of America told Fed it could sell branches in emergency: source

Bank of America Corp (BAC.N) told Federal Reserve officials in June that it could shed branches in some parts of the country if it needed to raise capital in an emergency, a person familiar with the matter said.

Thailand sees record number of visitors in 2011

Officials say record numbers of foreign visitors flocked to Thailand in 2011 despite the country's worst flooding in half a century.

Bank of Thailand launching new banknote series next week

The Bank of Thailand (BoT) will issue a new series of banknotes, its 16th series, next week after the current series has circulated in the market for more than 14 years, according to BoT Governor Prasarn Trairatvorakul.


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