The Nation Business, April 3, 2009
The government will be selling more than 8 million tonnes of cassava under its government-to-government contract with China as well as to PTT for the production of ethanol.
The government's cassava policy committee expects PTT to purchase 2.8 million tonnes of tapioca starch to produce 700,000 tonnes of ethanol. Under the government-to-government contract, China is expected to buy more than 1 million tonnes of cassava. The cassava will be sold at current market prices, which would incur about Bt6 billion in losses for the government.
Cashing in on slump
Adecco Group, the leader in human resource solutions, sees a great opportunity amid the current economic recession.
The company launched a proactive strategy to expand its Japanese customer base offerin Japanese expatriates after several organisations decided to downsize and reduce expatriate staff.
Tidarat Kanchanawat, country manager for Adecco Group, revealed that many Japanese firms have started cutting budgets and downsizing their organisations to cope with the economic slowdown.
New travel package
Oishi, leading manufacturer of green tea, has joined up with the Tourism Authority of Thailand and 21 boutique resorts to offer an attractive package at a one-off price of Bt2,000.
The campaign called "Setthakij Sodsai Chuan Gun Pai Thiew" or Business Brightened through Travel, focuses on Pran Buri and Khao Sam Roi Yod in the Prachuap Khiri Khan province.
Consumers can use their Bt2,000 government cheque to pay for a two-night package at any of the 21 resorts. The actual off-the-rack room rates run between Bt3,500 and Bt100,000 per night.
The campaign runs from May 1 to October 31.
- The Nation