Bangkok--Mar 9--EXIM Thailand
Export-Import Bank of Thailand (EXIM Thailand) supports the “Thai Privilege Spa” project of Thai Privilege Health Care Co., Ltd. to open its first overseas branch in Soho, New York, USA, following the Government’s Thailand Market Place Project.
Mr. Sataporn Jinachitra, EXIM Thailand President, revealed that to bolster the Government’s Thailand Market Place or Thailand Plaza Project which aims to facilitate Thai entrepreneurs’ business operations and provide them with full-service assistance ranging from creating permanent distribution channels, building trade and investment networks, expanding Thai export market, to encouraging more business transactions between Thai and foreign entrepreneurs, the Bank supported the “Thai Privilege Spa” project of Thai Privilege Health Care Co., Ltd. by providing them with standby L/C worth 227,000 US dollars or more than 9 million baht for use as security deposit for the lease of space in Soho, New York, USA, its first overseas branch.
EXIM Thailand President added that at present Thai Privilege Health Care Co., Ltd. has two local branches providing three main services comprising massage therapies, Thai herbal scrub, and aroma steam & sauna. The company foresees the opportunity to expand its spa business to the international market as presently there are growing health concerns as well as demands for stress relief in the USA. In addition, this project is also in line with the Government’s Thailand Market Place Project to promote six Thai business modules: Kitchen Module, Spa & Beauty Module, Fashion Module, Home Module, Living Module, and Auto Service & Parts Module. EXIM Thailand is ready to financially support and encourage Thai investment projects overseas in order to enhance Thailand’s foreign exchange earnings.
About Export-Import Bank of Thailand
Export-Import Bank of Thailand is a financial institution wholly owned by the Royal Thai Government under the Ministry of Finance’s supervision. The Bank was established by the Export-Import Bank of Thailand Act B.E. 2536 (1993) which empowered the Bank to engage in any financial activities customary to commercial bank practices, except for accepting deposit from the general public. The Bank’s objective is to provide financial services to strengthen the competitive edge of Thai exporters and investors abroad while contributing to the earning or saving of foreign exchange.
For further information,
please contact Public Relations Division,
Office of Top Management
Tel. 0 2271 3700, 0 2617 2111, 0 2278 0047 Ext. 1140-1146 End.