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Suit every taste: The national cuisine is so varied there is something for everyone
OBG
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Thai cuisine is famous and popular the world over, and for many visitors a main highlight of any trip to the kingdom is the ability to sample Thai cooking on its home soil. While very few inbound visitors hailing from international cities do not have access to a Thai restaurant in their home country, there is still something unique and special about consuming a cuisine in the country of its origin.…
Interview

OBG talks to Apichart Chutrakul, CEO, Sansiri
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Interview:Apichart Chutrakul Is positive growth in the Thai property market leading to concern over a real estate bubble? APICHART CHUTRAKUL:When speaking about a “bubble” in real estate, we mean that there is too much supply or too little demand. But in the Thai market, there is always plenty of demand. In certain segments there may be too much supply; however, looking at growth…
Interview

OBG talks to Jon Eddy Abdullah, CEO, Total Access Communication (DTAC)
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Interview:Jon Eddy Abdullah What are the prospects for the launch of a 4G network in Thailand and what impact will it have? JON EDDY ABDULLAH: The launch of 3G mobile broadband in Thailand has had a phenomenal impact on the country. Mobile operators are now functioning in a more complex market, where the priority has shifted to becoming a mobile internet company. Smartphones in particular have…
Interview

OBG talks to Anudith Nakornthap, Minister of Information and Communication Technology
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Interview:Anudith Nakornthap How is the ministry promoting ICT development across the kingdom, including rural provinces? ANUDITH NAKORNTHAP: The ministry is promoting ICT development across the country, especially in rural areas, through a number of different strategies. In particular, IT infrastructure is being developed to accelerate the creation of a high-speed communications network that…
Interview

OBG talks to Pailin Chuchottaworn, CEO, PTT Group
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Interview:Pailin Chuchottaworn While Thailand’s energy demands continue to increase with limited domestic resources, where do you anticipate energy investments taking place? PAILIN CHUCHOTTAWORN: With respect to the upstream oil and gas sector, we anticipate continued investments in exploration and production (E&P) activity across Thailand, particularly in owned petroleum sources to augment…
Interview

OBG talks to Kan Trakulhoon, President and CEO, SCG
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Interview:Kan Trakulhoon To what extent is Thailand’s economic growth being driven by rising activity in the provinces? KAN TRAKULHOON: Despite some currency volatility in the first half of the year, 2013 was a year of relative normalisation for the Thai economy as levels of consumption and investment levelled out following the major stimulus measures of 2012. Domestic consumption has experienced…
Interview

OBG talks to Kittiratt Na Ranong, Deputy Prime Minister and Minister of Finance
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Interview:Kittiratt Na Ranong To what extent will the termination of US monetary stimulus impact Thailand’s economic outlook? KITTIRATT NA RANONG: If the US Federal Reserve decides to taper its quantitative easing programme, the effect would be twofold. First, the decision would reflect regained strength of the US economy. As the US economy contributes almost 25% of world GDP, such recovery…
Interview

OBG talks to Håkan Buskhe, President & CEO, Saab
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Interview:Håkan Buskhe What role will the ASEAN region play in the future of defence contracts in the aerospace sector? HAKAN BUSKHE: The ASEAN region will play a very major role in large-scale defence contracts in the aerospace sector for virtually the same set of reasons that we have seen in Central Europe: old, depleted fleets; a need for next-generation aircraft which can be part of a…
Interview

OBG talks to Prasarn Trairatvorakul, Governor, Bank of Thailand (BOT)
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Interview:Prasarn Trairatvorakul How has the BOT eased restrictions on foreign banks? Do you anticipate greater domestic equity stakes being acquired by international firms? PRASARN TRAIRATVORAKUL: Thailand has been promoting financial liberalisation since 1994, when it fully liberalised its current account transactions and allowed greater freedom for foreign investment. Only certain restrictions…
Interview

OBG talks to Noriaki Goto, CEO and Director, Krungsri (Bank of Ayudhya)
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Interview:Noriaki Goto What factors make Thailand’s banking sector a desirable destination for foreign investment? NORIAKI GOTO: Encouraging increased rates of foreign participation is a growing objective for Thailand, as the country aims to make the domestic banking industry more competitive. While already a bank-based economy, Thailand still has relatively low banking product penetration…