Top Stories
Clean-Up and Rehabilitation Plan Start in the Ayutthaya Industrial Estates
Thailand’s historic central province of Ayutthaya, one of the worst affected by the recent floods, on 21 November 2011 held a “Big Cleaning Day” for the Bang Pa-In Industrial Estate after floodwaters were drained. According to Ayutthaya Governor Wittaya Phewpong, the clean-up will help rehabilitate the estate and restore foreign investor confidence.

Thailand’s historic central province of Ayutthaya, one of the worst affected by the recent floods, on 21 November 2011 held a “Big Cleaning Day” for the Bang Pa-In Industrial Estate after floodwaters were drained. According to Ayutthaya Governor Wittaya Phewpong, the clean-up will help rehabilitate the estate and restore foreign investor confidence.
Bang Pa-In Industrial Estate is one of seven industrial estates and parks in Ayutthaya and Pathum Thani including Saha Rattana Nakhon, Rojana, Hi-Tech, Factory Land, Nava Nakhon, and Bangkadi that were forced to close by the deep floodwaters. Mr Wittaya said that the Labor, Industry, and Public Health Ministries cooperated to revive the Bang Pa-In Industrial Estate in accordance with its 58 day-rehabilitation plan, from 20 October – 16 December 2011.

It is expected that the factories could resume running their production lines and workers return to their duties by December 16
The clean-up will allow the factory owners to start repairing plants damaged by the flood, he said. It is expected that the factories could resume running their production lines and workers return to their duties by December 16, he said.
Meanwhile, at Rojana Industrial Estate, also in Ayutthaya, powerful water pumps with a capacity of 24,000 cubic meters per day have been operating round-the-clock, leading to significant reductions in the water levels.
With assistance from the Japan International Cooperation Agency JICA which provided a number of pump vehicles, it was expected that the mission to revive all three phases of the Rojana Industrial Estate could be completed by the end of this month.
As these clean-up operations gain ground, Tourism Authority of Thailand TAT Governor Suraphon Svetasreni said, “We are happy that the turnaround has begun and that there is light at the end of the tunnel. It will be much easier to mount a bounce back campaign and push out positive news, which we know is being eagerly awaited by all our friends, partners and potential visitors worldwide.”
via Clean-Up Operations and Rehabilitation Plan Start in the Ayutthaya Industrial Estates.
Business
Alibaba Initiates $3Bln Partnership with Thai Gov in Support of Thailand 4.0
This is probably the first major milestone for Thailand 4.0 economic plan to upgrade Thai economy : a major commitment of a big private investor

The e-commerce giant’s executive chairman, Jack Ma, was in Thailand this week and has become the first big name to join Thailand’s plan to upgrade its economy known as Thailand 4.0. (more…)
Banking
Bangkok retains Leading Mastercard Travel Destination Title for 2017
Travel and tourism in Asia Pacific is showing no signs of slowing down, with the region dominating visitor arrivals once again, according to the Mastercard Global Destinations Cities Index 2017

Asia Pacific is an increasingly popular region for travel, according to the Mastercard Global Destinations Cities Index (GDCI) 2017. (more…)
Economics
Thai GDP growth exceeds expectation in Q2/2017
EIC revised Thailand’s GDP growth forecast upward to 3.6% from 3.4% as the global economic outlook improved, supporting exports to continue recovering in the remaining time of this year.
-
Forex1 week ago
Leverage from Forex Brokers & How Beginners Can Benefit from It
-
Economics6 days ago
Thai economy to grow 4% in 2021 following 6.5% decline in 2020
-
National6 days ago
Human trafficking cases in Thailand hit decade low due to COVID-19
-
Banking1 week ago
Can Fintech drive a strong post-COVID-19 recovery in Asia?