Corporate

Honda Thailand destroys 1,055 cars damaged in flooding

Honda Automobile (Thailand) began destroying the first lot of 1,055 passenger cars badly damaged in severe flooding at its car delivery centre at Rojana Industrial Park in Ayutthaya province, north of Bangkok.

Published

9 years ago

December 28, 2011

Aishwarya Gupta

The cars included 217 units of Brio, 213 units of Jazz, 353 units of City, 150 units of Civic, 91 units of Accord, 30 units of CR-V and 1 unit of Freed. “We made every effort to protect our plant, but with the massive amount of flood water.. 1055 vehicles that remained in the plant were finally damaged by the flood,” Pitak Pruittisarikorn, executive vice president of Honda Thailand, told a press conference.

Pitak Pruittisarikorn, executive vice-president of Honda Automobile, representatives from the Thailand Automotive Institute, the Office of the Consumer Protection Board, the Thai Industrial Standards Institute, the Provincial Excise Department and the media witnessed the event.

Corporate

Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

Published

2 months ago

December 1, 2020

Pr News

Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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Business

Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

Published

2 months ago

November 26, 2020

Pr News

Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

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Corporate

Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

Published

2 months ago

November 9, 2020

Olivier Languepin

Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

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