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Economy October 13, 2012 00:00


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PM tours Don Mueang

Prime Minister Yingluck Shinawatra voiced confidence that the capital’s dual-airport system would be a success upon the restart of full operations at Don Mueang, during a visit to Bangkok’s old airport yesterday.

Don Mueang International Airport, which is scheduled to open its second passenger terminal by next year, will serve low-cost airlines and non-connecting flights.

In conjunction with Suvarnabhumi Airport, it will facilitate connections within the region and increased passenger traffic, in line with the government’s strategy to promote tourism. – The Nation

Japan-China row benefits Cambodia

Cambodia is benefiting from new investment interest from Japanese companies facing violence and economic retaliation in China after a territorial spat between the two economic giants, Asahi Shimbun reported.

“I receive inquiries three or four times a week,” Phnom Penh Special Economic Zone manager Hiroshi Uematsu was quoted as saying. “I have never received so many since I became managing director five years ago.”

The Japanese newspaper said Uematsu’s company was developing a new section of the industrial park, which will expand its existing 90 hectares by 150 per cent.

“All lots in the new section will be filled by the end of next year,” Uematsu reportedly said.

“I hate to say this, but the current situation in China has served as a tailwind for our company.”

The report said about 500 Japanese companies had discussed possible projects with the Council for the Development of Cambodia.

“Half of the companies were manufacturers, 80 per cent of which were considering relocating from China,” it said.

Cambodia's attractiveness is being fuelled not only by cheap wages and an economy open to foreign investment, but also improved highway links to Vietnam and Thailand.

“Land transportation has seen Cambodia, Myanmar and Laos included in production networks and their economies are taking off,” said Kengo Katsuki, vice president of Minebea (Cambodia) Co, the local subsidiary of the Japanese precision-parts manufacturer. “‘Inland Asean’ is on the rise in the Indochinese Peninsula.” – Rasmei Kampuchea Daily/ANN

Online-game show at Bitec

Nation Multimedia Group, in cooperation with Show No Limit and the Game and Interactive Digital Entertainment Association (GIDEA), will host “Thailand Game Show 2013” under the theme “Asean Connect”.

The game fair, to be held from January 11-13 year at Bitec Bang Na, is expected to attract more than 69,000 visitors and bring in Bt100 million in sales.

The online-game market in Thailand is expected to grow by 10 per cent next year, driven by the expansion of local online-game operators.

This year, about five new games have been launched monthly on average by existing and new operators. – The Nation