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BUSINESS NEWS

HEADLINES [click on headline to view story]:
THA signs contract with BES to support IFHS 2001

AutoAlliance total exports reach over 10,000 units, worth more than 4 billion Baht

eGuide to offer local SMEs global marketplace

Deputy Minister presides at opening ceremony of Furnitech Woodtech 2001

Hitachi Signs with Hemaraj

THA signs contract with BES to support IFHS 2001

Thai Hotels Association (THA) has signed a contract agreement with Bangkok Exhibition Services Ltd. (BES) to be an official supporter of the International Food and Hospitality Show 2001 Exhibition and Conference (IFHS) and to organize Thailand’s 3rd Hospitality Industry Congress.

Chanin Docavanich - president of Thai Hotels Association (4th from left), David Aitken - general manager of Bangkok Exhibition Services Ltd. (3rd from right), Ms. Poungthong Charoenpairojwong - project manager of IFHS 2001 and the THA committee at the contract signing.

During the exhibition, there will be many exhibitors, both domestic and foreign, to test equipment and machines of the food, beverage and hotel industries. There will also be many activities organized to promote the industry.

The exhibition will take place 12-15 September 2001 at the Queen Sirikit National Convention Center.

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AutoAlliance total exports reach over 10,000 units, worth more than 4 billion Baht

AutoAlliance Thailand (Co.) Ltd. - the Mazda-Ford joint-venture vehicle assembly plant located in Rayong Province - said its vehicle exports in the first quarter of 2001 reached 10,544 units, with total exports of over 3,516 units in March, worth more than 1.35 billion baht.

Since AutoAlliance first started exports in late 1998, total exports have reached 104,512 vehicles and earnings have surpassed 3.88 trillion baht. AutoAlliance has become the second largest vehicle exporter in Thailand.

AutoAlliance’s March exports were divided between the Ford Ranger pick up (1,758 units) and the Mazda Fighter pick up (1758 units), a total of 3,516 units. Major export destinations are countries in Europe, Australia, New Zealand and the Mediterranean areas.

Total vehicle exports in the first quarter this year have risen 17% compared to the same period last year, with a total of 9,004 units exported.

The AutoAlliance plant in Rayong achieved ISO 9002, ISO 14001 and QS 9000 certification standards, and is encouraging all of its suppliers to achieve the same certification status to achieve worldwide standards in quality and safety.

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eGuide to offer local SMEs global marketplace

Web-based directory service provider eGuide Group has launched an electronic marketplace in Singapore on its online directory eGuideSingapore.com

The e-marketplace will not only facilitate B2B and B2C e-commerce across borders, but will also provide a credit risk rating service to companies listed in the directory. The eGuide Group plans to continuously launch the e-marketplace in eGuide Thailand, eGuide Malaysia and eGuide Australia by the end of this year.

The eGuide Marketplace is intended to enhance the company’s current Internet directory service with B2B transaction facilities for its SME (Small & Medium-sized Enterprise) clients. It will enable traditional offline merchants to conduct e-commerce, trade exchanges and order management, participate in auctions, and perform other business processes online.

The e-marketplace is a collaboration between eGuide Group and BeXcom Southeast Asia, an e-commerce solutions provider, to develop an e-commerce platform suited for SMEs based on BeXcom’s Global Transaction Infrastructure (GTI). The GTI consists of an integrated suite of software solutions residing in major global trading zones: Southeast Asia, Greater China, Japan, North America and Europe. It links e-marketplaces into a global B2B e-commerce network.

According to Lee Suan Hiang, chief executive of Singapore’s Productivity and Standards Board (PSB), one of the goals is to get one out of every three SMEs to adopt e-commerce by 2003. A key strategy is for SMEs to jumpstart their online capabilities by using ready-made packages offered by e-commerce service providers. eGuide Marketplace is one such package. The Jumpstart Program developed by PSB provides financial assistance to SMEs for consultancy, hardware and software acquisitions, first-year subscription fees to ASP services, systems familiarization, and certification for credit worthiness. Support is provided up to 50 percent of the development cost, or a maximum of S$20,000.

Ricky Koh, group chief executive officer of eGuide also revealed that there are SMEs who have already signed up prior to the eGuide Marketplace launch. He added that eGuide Singapore intends to sign up at least 3,000 e-marketplace clients in Singapore over the next two years and to launch the e-market place in eGuide Malaysia, eGuide Australia and eGuide Thailand within this year.

“With help from PSB, which will provide 50 percent of the development costs, we feel we are able to go ahead with our e-commerce plans with eGuide Marketplace,” Koh added.

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Deputy Minister presides at opening ceremony of Furnitech Woodtech 2001

Pichet Sathirachavarn, Deputy Industry Minister presided over the opening ceremony of the Furnitech Woodtech 2001 exhibition at the Bangkok International Trade & Exhibition Center (BITEC). This event is organized by Reed Tradex company Limited.
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Hitachi Signs with Hemaraj

Hitachi Tochigi Electronics Ltd. has recently signed an agreement to purchase land from Eastern Seaboard Industrial Estate (Rayong), developed by Hemaraj Land and Development PLC. The new Japanese factory will produce electronic control system products. Seen exchanging the contract are Takada Masanori (right), president of Hitachi Tochigi Electronics Ltd. and David Nardone (left) Hemaraj’s president & CEO.
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