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Royal Cliff Beach Resort and
PEACH host Annual Novartis Sales Conference
The Royal Cliff Beach Resort and PEACH host the
annual Novartis sales conference.
From January 18 to 24, the Royal Cliff Beach Resort and PEACH (Pattaya
Exhibition and Convention Hall) hosted Novartis for their annual sales
conference themed, “New Horizons, New Challenges” which highlighted the
importance of setting new targets, reaching new heights and rising to new
challenges.
This event, which saw the visit of such distinguished VIP’s as “James” Deng
Jianmin, the CEO & president, Beijing Novartis Pharma and Emmanuel Puginier,
global head of marketing and sales, General Medicine, Novartis Pharma AG,
drew 2,100 visitors for the annual conference at PEACH. The event culminated
in an incredible gala dinner carefully designed by the culinary experts of
the Royal Cliff Beach Resort.
PM sees need to gradually reduce economic stimulus measures
Prime Minister Abhisit Vejjajiva on Friday revealed that the
government will attempt to gradually reduce economic stimulus measures to
prevent possible repercussions following the marked economic recovery as
witnessed by the higher-than-expected revenue collections.
Delivering a keynote speech on “Looking Ahead for a Bright Future” at the Post
Today Investment Expo 2010, he said he was confident the Thai economy is on the
path to strong recovery and is likely to enjoy better-than-expected growth in
the first quarter of this year.
Thailand’s number of jobless declined from an estimated 1 million to
400,000-500,000 or 1 percent of the country’s population while the number of
foreign tourists resumed growth after shrinking by 20-30 percent the year
before.
Exports will register two-digit growth along with higher production utilization
in some industrial sectors.
Abhisit said the government’s revenue collection is expected to surpass the
target set at Bt200 billion as applications for Board of Investment (BoI)
promotion privileges surged by 60 percent late last year.
Given these factors, the prime minister firmly believes the Thai economy is
definitely on the path to recovery.
He allowed that the economy will continue to experience many risk factors,
including fuel price volatility, global economic uncertainty, domestic political
conflict and the impact of the unresolved investment project suspensions in the
Maptaphut Industrial Estate.
However, improved economic figures showed that Thailand has strong economic
fundamentals, which contributed to the rapid recovery.
The production sector is well-equipped with resources, particularly agricultural
commodities, to help drive economic growth in the first and second quarters of
this year, brining handsome incomes to farmers.
Based on sound economic fundamentals, the premier said, the government will
attempt to solve existing problems by taking into account long-term economic
growth.
As for the next-step economic drive, he said, the government has adjusted the
economic stimulus package by trying to gradually reduce stimulation until the
overall economy fully recovers.
The Bank of Thailand (BoT) began to take greater care of the inflation rate.
Because of this, he said, the government might need to review its plan to seek
loans of Bt800 billion because it wants the country’s public debt to return to
normal as soon as possible. (TNA)
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