Briefs

The Commerce Ministry will hold an auction for 139,675 tonnes of rice from its stockpiles to general traders on September 12.  

Duangporn Rodphaya, director-general of the Foreign Trade Department, said the auction would be for jasmine rice and husked rice, but no white rice because an inspection process has not been completed yet. 

The department is expected to sell rice from the stockpiles in small lots from time to time because of a low supply of rice in the market. 

 

New Siam Piwat chief 

Siam Piwat yesterday announced the appointment of Chanisa Chutipat as president, with immediate effect.

Siam Piwat owns and operates the Siam Paragon, Siam Center and Siam Discovery malls in central Bangkok and is a partner in IconSiam, a Bt50-billion mega-development.

“Mrs Chanisa’s appointment as president serves to reinforce Siam Piwat’s top management team comprising 17 executives who are each respected experts in the retail and property sectors,” Siam Piwat CEO Chadatip Chutrakul said. 

“Her experience as executive vice president in charge of operations at the Stock Exchange of Thailand and her sterling reputation in the financial and banking industry are important assets as we prepare to take our organisation to a new level.” 

Chanisa will work on the integration of systems in all support units to streamline the executions of the multiple new projects in Siam Piwat’s pipeline as well as the operations of the 15 existing companies in the group, Chadatip said. 

 

Trade mission to VN

The Foreign Trade Department is leading a delegation of Thai automotive firms to Vietnam, during September 8-10, said Tikhumporn Natvaratat, deputy director-general of the department. 

The three-day mission started yesterday.

Early this year, Vietnam lowered its import tariffs on automobiles, to 10-50 per cent, so Thai producers can explore opportunities to sell automobile and motorcycle parts there, he said.