Anti-dumping tariffs against imported stainless steel pipes

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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STEEL

Thailand will impose anti-dumping tariffs against stainless steel pipes imported from South Korea, China, Taiwan and Vietnam.

The tariffs are set in the range of 2.38 per cent to 310.74 per cent of CIF (cost, insurance and freight) rate.

Commerce Permanent Secretary Chutima Bunyapraphasara said today that the decision was raised at the anti-dumping and countervailing committee’s meeting on Tuesday.

She insisted that the investigation process was transparent and in line with international standards.

“All parties involved are now allowed to voice their opinions or object the decision,” she said.

Vietnam will be hit the most, as the anti-dumping duties against steel pipes manufactured in Vietnam are set at 310.74 per cent of CIF.

The duties for products from South Korea, China and Taiwan are;11.96-51.53 per cent, 145.31 per cent and 2.38-29.04 per cent, respectively.

The duties are imposed on the finding that the imports unfairly undercut manufacturers in Thailand.

Cabinet approves Gold Line monorail

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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MASS TRANSIT

THE Bt3.8-billion Gold Line monorail project for western Bangkok along the Chao Phraya River was given the green light by the Cabinet yesterday, with the line expected to be in service in 2018.

The elevated monorail line is 2.7 kilometres long, stretching from the BTS Green Line’s Krung Thonburi station and running through four stations to Prachathipok via Klong San.

The line will connect to the Purple Line’s extended route to Bangkok’s southern zone (Tao Poon-Ratchaburana) in the area adjacent to Wat Anong Kham Ram.

The Cabinet also instructed Krungthep Thanakom Co, a majority-owned enterprise of the Bangkok Metropolitan Administration (BMA), to study in more detail the possible impacts of the rail line. The concern is that it could hide the scenery of Rattanakosin Island in 25km radius in accordance to a restriction of the Cabinet’s resolution in 1994, said Deputy Prime Minister General Prawit Wongsuwan, who chaired yesterday’s Cabinet meeting.

Prawit, who is also defence minister, said the Cabinet did not set a deadline for the study. Once it is completed, the company can submit its finding to the Cabinet for further consideration.

Apart from easing traffic in Thon Buri, the Gold Line is likely to benefit many buildings and shopping complexes located nearby. One of them is the IconSiam riverside shopping mall and condominium project of Siam Piwat, Magnolia Quality Development and Charoen Pokphand, which previously expressed interest in partial development of the Gold Line. IconSiam, on Charoen Nakhon Road, is set to open next year.

The Gold Line project, which will be under development by the BMA, is expected to produce an internal rate of return of 28.5 per cent, according to a study by the Office of Transport and Traffic Policy and Planning.

Moreover, the line is expected to save travelling time and fuel costs equivalent to Bt830 million a year after 2018 and Bt2.42 billion a year after 2038. The forecast is based on 47,000 riders per day in the first phase after 2018 and 81,000 riders per day in the next phase after 2023.

If it goes ahead as planned, the first 1.8km phase of the project will cost Bt2.51 billion and be completed in 2018. The second phase of 0.9km worth Bt1.33 billion will be completed in 2023 and will connect with the Purple Line extension.

The Gold Line monorail will use an automated guideway transit (AGT) system and each carriage can carry about 80 to 100 passengers, or 4,000 to 12,000 passengers per trip per hour.

Brighter outlook seen for Thai exports

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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EXPORT

Thai commercial counsellors from 58 posts in 44 countries foresee negative export growth for Thai shipments this year, due to uncontrollable external factors, weakening economic growth in many emerging markets, and the fact that some Thai businesses have invested in overseas manufacturing operations, resulting in lower shipment value from the Kingdom.

However, despite the many negative factors affecting exporters, the Commerce Ministry is predicting a brighter export outlook next year, as it will encourage trade officials to drive growth under the government’s new outward investment and export promotion strategies.

Malee Choklumlerd, director-general of the International Trade Promotion Department, said yesterday that despite the gloomy outlook for this year, the government would work more closely with exporters and trade officials with a view to deeper penetration of each foreign market.

“We will no longer [mainly] drive the export trade in goods, but will push both related service businesses and investment, with a view to generating sustainable income” she said.

For this year, the ministry agrees with the private sector that overall export growth is now likely be in a range of minus 2 per cent to plus 2 per cent, resulting in full-year shipments worth between US$210 billion (Bt7.28 trillion) and $218 billion, she added.

Exports to Asean are expected to slow from 7.4-per-cent growth last year to a contraction of 0.8 per cent, with shipment growth to the United States falling from 5 per cent to 1 per cent, exports to the European Union dropping from 1 per cent to between zero and 1 per cent, and sales to Japan from 1-per-cent expansion in 2015 to flat growth this year.

Commerce Minister Apiradi Tantraporn said the Commerce Ministry, trade officials and private enterprises would this Friday map out export targets for next year.

Under the new export promotion plan, the ministry will focus on driving exports of services and goods in specialty market segments, including the ageing group, pet lovers, baby boomers, Hispanics, halal items, the super-rich, and online trading.

Overseas shipments will be promoted in accordance with the “Thailand 4.0” policy, with the emphasis on value-added and innovative products and services.

Ponpimon Petcharakul, Thai commercial counsellor in Hanoi, who represents the Asean market, said Thai exports to Asean would face a year-on-year decline of 0.8 per cent to $54.7 billion in 2016, as the regional grouping was largely comprised of production-based countries that were experiencing sluggish economic growth.

The export sectors most affected and facing a contraction in terms of Asean sales are garments and agricultural products, while some Thai enterprises have expanded their manufacturing to neighbouring countries, which also contributes to lower shipment value from the Kingdom, the counsellor added.

Next year, however, exports to Asean are projected to return to positive territory, expanding 2.5 per cent to $56.05 billion.

Napadol Thongmee, Thai commercial consul in New York, said export growth to the US would slow from 5 per cent last year to 1 per cent this year, despite the US economic recovery and upcoming presidential election, as people still have weak spending confidence.

For next year, exports to the US are projected to grow by 3 per cent, with sectors that are expected to exceed this level of performance being fishery products – following Thailand’s upgrade to the Tier-2 Watch List under the US “Trafficking in Persons Report” – canned fruits, vehicles and parts, and machinery.

Supawadee Yamgamol, Thai commercial counsellor in London, said Thai exports to the EU should grow 1 per cent this year to $22.16 billion, against a contraction of 2.4 per cent last year, due to the weakening of the pound following the country’s Brexit vote, which had resulted in higher prices for Thai goods and services sold to the area.

Chitvipa Sukpituksakul, Thai commercial counsellor in Osaka, said exports to Japan were now expected to post flat growth this year, compared to the previous target of 1-per-cent expansion, due to the country’s economic slowdown.

However, Thai exports next year are forecast to grow 1 per cent as a result of the Japanese government’s stimulus package, she said.

Fixing of structural issues urged

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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ECONOMY

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Workers are seen through protective tarpaulins while working at the construction site of a new condominium building in a business district of Bangkok. According to the Bank of Thailand, the country’s economy has the potential to grow by 4.55.5 per cent a

THE ECONOMY has the potential to grow by 4.5-5.5 per cent a year if the country addresses hindering structural issues, said Bank of Thailand Governor Veerathai Santiprabhob.

While Veerathai is confident growth in gross domestic product will surpass 3.5 per cent per annum, he said the economic growth rate must exceed the population growth rate to ensure that everyone benefits from the expansion.

“In the present context, a growth rate of 4.5-5.5 per cent is suitable for Thailand. The rate is achievable if we seriously deal with structural issues,” he said. “We need to speed up the economic restructuring to ensure a sustainable growth path.”

First of all, Thailand’s manufacturers and their supply chains need to embrace more technology, he said.

Thailand recently introduced new measures in a bid to ensure greater volume of value-added products. It is doing that through initiatives to promote research and development.

The Board of Investment has also changed its focus, basing its incentive scheme on innovative investment rather than factory locations. A new growth path has been drawn up, the so-called S-curve, to promote investment in 10 targeted industries. More sophisticated products are also the target of the Eastern Economic Corridor.

Veerathai also believes it is highly possible to boost the agricultural sector’s productivity. This requires more skilled labour, which is a pressing issue given that the country’s working-age population will be the first in the region to post a decrease. To address this, education should be the key agenda.

Meanwhile, a regulatory framework must be adjusted in response to the new growth agenda. For example, rules must be relaxed to draw more foreign experts.

Veerathai said that while the fragile global-demand recovery posed a big challenge, internally unemployment could spike because of the adoption of technology in the production process. For now, some companies have cut overtime for workers, though mass layoffs are not an issue.

The economy could benefit from an increase in the contribution from the service sector, particularly from e-commerce and tourism. Thanks to shrinking imports, the current-account surplus, which was 8.5 per cent of GDP in 2015, tends to stay high.

“This will continue for a while,” Veerathai said.

He added that private investment would recover only gradually. Some industries like telecommunications get a boost from investment in fourth-generation wireless and new technology. Huge investment has also been witnessed in the renewable-energy sector. However, growth in sectors with excess supply will be dependent on the global condition.

“The past boom times won’t return. The automobile sector, for instance, still invests but not as much as in the past. New investment is geared towards efficiency and new technology,” he said.

CAT Telecom’s 4G service scheduled for My brand launch next month

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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4G

CAT TELECOM plans to launch 4G service as part of its My brand mobile phone operations next month, Viroj Tocharoenvanith, senior executive vice president for wireless business, said yesterday.

The new 4G service will mainly utilise the True Move H network of True Corp, after CAT and True reached a network-roaming deal recently.

Viroj said CAT was currently testing the roaming and technical aspects the 4G service, which would be officially launched next month.

“CAT will focus on a reasonable price package for specific users, with 4G bundled with 3G services, too. We are aiming to gain around 50,000 4G users by the end of this year,” he said.

The roaming 4G network with True – part of CAT’s recent agreement with True Move H Universal Communication (TUC) – would see TUC paying a rental fee of Bt9.3 billion to CAT for using the state agency’s 3G-850MHz network to provide wireless broadband service.

TUC had originally agreed to pay the rental fee to CAT in cash.

The original leasing agreement was for three years, 2013-2015, with TUC agreeing to lease around 17 per cent of the capacity of CAT’s 850MHz network.

However, the parties were unable to reach agreement on the payment details.

Under the recently concluded leasing deal, a fee of Bt9.3 billion has been agreed for the three-year period. TUC will pay Bt4.1 billion in cash within eight years and the remaining Bt5.2 billion will be paid to CAT in the form of 4G network capacity on its 1800MHz and 2.1GHz spectra for operations within 10 years.

According to TUC’s conditions under the agreement, the 4G network is exclusively for CAT’s My service.

CAT expects to gain 2 million users with at least Bt6 billion of revenue from 4G services, in net-present-value terms, through 2025, the executive said.

At the end of the first quarter, My had around 1.4 million users, of which 1.28 million were prepaid users.

CAT forecasts 2 million My users overall by the end of this year, generating revenue of Bt1.85 billion, against Bt1.18 billion last year.

The state agency has put Bt40 million into its new My price packages and the associated marketing campaign, charging only Bt199 per month for 1GB of data usage and Bt100 per month for 130 minutes of free calls to all networks.

Regulator may arbitrate in digital TV leasing row

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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THE BROADCASTING regulator might arbitrate the dispute between MCOT and its three digital television clients over transmission quality after the stations refused to pay leasing fees.

The possibility arose when the state media enterprise yesterday asked the Broadcasting Committee if it could cancel the contracts to the clients with network leasing fees overdue since July 2014.

The clients are Voice TV, Thairath TV and Springnews TV.

The state media enterprise argued that it might be unfair if the network lessors remained delinquent even though it had taken full responsibility by offering them remedial measures under a resolution passed by the Broadcasting Committee in February.

However, Pakdee Manaves, deputy secretary-general of the National Broadcasting and Telecommunica-tions Communication, said the Broadcasting Committee had not yet taken this matter up because it had no intention of intervening in any agreements struck between private broadcasting licensees.

“On behalf of the broadcasting regulator, we would like to ensure freedom and fairness in running a broadcasting business.

“Therefore, MCOT should provide further clarifications and explanations regarding this request within 30 days,” he said.

The NBTC also acknowledged that the differences between the parties had remained since last year when the stations complained that MCOT’s rollout of the digital TV broadcasting network was behind schedule.

Once receiving clarification from MCOT, Pakdee’s office would invite all parties to the negotiating table to find the best resolution.

An MCOT source said that so far the company has been paid only three months of lease payments from Voice TV station and just once from Thairath TV.

Springnews TV has paid nothing so far.

‘No patent protection’ for kratom

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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THE INTELLECTUAL Property Department has not allowed any researchers to register patents on kratom, a well-known Southeast Asian medicinal plant, in Thailand, the Commerce Ministry has confirmed.

Meanwhile, the government has called for the World Intellectual Property Organisation (WIPO) to provide information on how Thailand could benefit legally from commercialisation of its plants.

The department was responding to a rumour that Japanese researchers had asked for patent protection in Thailand on kratom-based painkillers. The agency insisted there was no such case.

Commerce Minister Apiradi Tantraporn said Thailand would not grant any patent for exclusive rights to a natural plant. Also, kratom is classified as an illegal narcotic in Thailand. People cannot sell, produce, export or possess it.

She also explained that as Thailand is a member of the Convention on Biodiversity (CBD), any person wishing to derive benefits from Thai plants needed to ask for permission and to share said benefit in the case of commercial usage. That obligation under the CBD also applies to multinational pharmaceutical companies.

She said the government of Thailand and other developing countries had called for the WIPO to provide information on the regulations on the commercialisation of local plants or herbs.

Kratom is a psychoactive drug derived from the leaves of the kratom plant (Mitragyna speciosa) that has been widely used in Southeast Asia – especially Thailand, where it is now banned – as a recreational drug. But it has recently become popular in the West for its supposed medicinal purposes. The drug is known for its sedative effects, but in low doses it also acts as a stimulant.

According to the website biothai.net, Japanese scientists have patented painkilling drugs made from kratom in Japan and the United States since 2014.

According to researchers at Chiba National University and Josai University, the kratom painkillers act like opium-derived analgesics (such as morphine) and are especially useful because they do not have some of the undesirable side effects of opiates. The research team is now asking for patent protection internationally under the Patent Cooperation Treaty, of which Thailand is a member.

Thailand, Pakistan aim for FTA by next year

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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THAILAND and Pakistan will attempt to conclude a free-trade agreement by next year, not only to promote bilateral trade and cooperation, but also to use the other country as a springboard into the South Asia and Asean regions.

Sunanta Kangvalkulkij, deputy director-general of the Commerce Ministry’s Trade Negotiations Department, said yesterday that she would lead the Thai negotiating team to Islamabad for the fourth round of talks on trade liberalisation from today to Thursday.

“Thailand will ask for Pakistan to open the market for many products including processed food, sugar, chemicals, petrochemicals and plastics, rubber and rubber products, wood, printing products, textiles and garments, electric appliances and automobiles and parts,” she said.

The two countries will also discuss rules of origin and other issues, such as customs procedures, cooperation in many areas such as sanitary standards, trade remedies, trade facilitation, and technical barriers and laws that should be eliminated to promote trade.

The negotiations started last year.

The Pakistani-Thai FTA would be beneficial to both countries and significantly increase bilateral trade and investment.

It would enable Thailand to expand its exports into South Asia as well as other Muslim nations in the surrounding region.

Thailand will act as a gateway for Pakistan to penetrate the Asean Economic Community.

In 2014, Thailand enjoyed a surplus of US$734 million (Bt25.4 billion) with Pakistan on two-way trade of $1.01 billion. Similar trade surpluses have been registered since 2010.

in 2014, Thailand’s exports to Pakistan reached $874 million. Pakistan is Thailand’s second-largest trading partner in South Asia after India, and 46th globally.

Thailand ships to Pakistan fabrics, textiles, vehicles and parts, air-conditioners and parts, plastics and chemicals.

Imports are machinery and parts, musical instruments, processed and semi-processed fishery products, ores and steel.

Jetro, Commerce Ministry promote Thai hospitality overseas

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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THE COMMERCE Ministry’s Department of International Trade Promotion and the Japan External Trade Organisation (Jetro) are joining forces promoting Thai hospitality overseas.

The department and Jetro yesterday began a two-day workshop and conference on “Capacity Building for Thai Entrepreneurs on Hotel Management and Related Hospitality Services” to promote Thai hotel and service enterprises to businesspeople from Japan and countries in Southeast Asia.

Keynote speakers from Japan were invited to provide information on investment opportunities to more than 50 companies in Thailand. Japanese hoteliers also explained Japan’s investment law and other conditions. Japan has potential for wellness hostility.

Chantira Jimreivat Vivatrat, deputy director-general of the International Trade Promotion Department, said the service sector contributed up to 51.9 per cent of gross domestic product in Thailand last year while employing 45 per cent of the workforce.

“Hospitality is the target for this conference because it has high potential as the current government is putting more efforts into driving this sector,” she said.

Tourism business contributed up to 17.3 per cent of GDP last year, she added.

The World Tourism Organisation has predicted that by 2020, the number of international travellers will increase to 1.6 billion. The Asia-Pacific region will play a major role, commanding 25 per cent of the global market, or about 400 million tourists.

Tourists from Southeast Asia are expected to account for one-third of the Asia-Pacific total, or about 130 million to 140 million travellers.

Chantira said her department would work to improve service quality, particularly at small and medium-sized hotels, to cope with the surge of foreign tourists.

“Our operators, especially SMEs, should be able to cope with the growth of tourism and take long-term benefits for sustainable growth,” she said.

The department is also planning to promote proficiency and expertise of Thai hospitality to emerging markets including Cambodia, Laos, Myanmar and Vietnam, as all these countries need the expertise operators in Thailand can share.

ICT Ministry considering state-owned satellite

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

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TELECOM

THE INFORMATION and Communications Technology Ministry has hired Thammasat University Research and Consultancy Institute (TU-RAC) to conduct a feasibility study to develop a state-owned communications satellite.

The move is part of the government’s plan to utilise communications technology to support economic and social development and to enable people to get quick access to state information.

The government also wants to have its own communications satellite to cater to the rising usage of satellites for communications, instead of relying mainly on Thaicom satellites.

The country’s sole satellite operator, Thaicom, has allocated six and a half transponders of its broadcasting satellites for state agencies on a rental basis and another transponder for their use free of charge. The state agencies also use a combined two gigabytes per second (gbps) of data bandwidth for Thaicom’s iPSTAR broadband satellite.

As one part of the TU-RAC study, the total satellite usage by the state agencies is expected to grow between 3 per cent to 5 per cent annually, taking in 14 transponders and utilising four gpbs in next five years. These figures indicate that the agencies’ demand for satellite services in the next five years will be the equivalent of only half the normal 24-transponder satellite.

The cost of satellite usage by state agencies is projected to reach Bt4.296 billion per year in 2021 and Bt5.788 billion per year in 2026, up from the current Bt1.76 billion per year. Of the Bt1.76 billion, Bt297 million per year is the cost of using 6.5 satellite transponders, while Bt680 million is for using two gbps bandwidth, and Bt783 million per year is for broadcasting.

Group Captain Somsak Khaosuwan, deputy permanent secretary of the ICT Ministry, said recently that the study would be submitted to the government for consideration once it was completed.

Currently the state agencies use a total of two gbps of satellite bandwidth on the Ku band for promoting educational activities, which is expected to increase to four gpbs in 2021.

They use 0.25 C-band transponders for providing medical services, which is expected to rise to two transponders in 2021.

They use 0.25 transponders on the Ku band for public disaster relief, which is expected to remain unchanged by 2021, and use one C-band transponder and 2.5 Ku-band transponders for national security, expected to increase to two C-band transponders and six Ku-band transponders by 2021.

The agencies use two C-band transponders for other activities – forecast to be three transponders in 2021.