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Port Moresby
September 23, 2021
Business News

Thailand Trade Fair To Build PNG-Thailand Business Ties

Thailand Ambassador Maris Sangiampongsa and his delegates visited the University of PNG to strengthen Thailand-PNG ties at the Thai Corner, which was established by former Thai Prime Minister Yingluck Shinawatra during her 2013 visit to Port Moresby.

The delegation later attended the first Thailand Trade Fair in Papua New Guinea, held at the Crowne Plaza Hotel in Port Moresby today.

 

The Thailand Ambassador and his delegation visited the Thai Corner at UPNG today to strengthen the establishment of UPNG and Thailand since the recent visit of Thailand’s former Prime Minister, Yingluck Shinawatra, to Port Moresby

 

He spoke on strengthening the relationship made and said he is looking forward to support PNG in terms of development, including the offering of scholarship programs for students studying at the University of Papua New Guinea.

 

With the establishment of the UPNG Thai Corner, the Thai Ambassador has introduced Caroline Henao of Henao lawyers as the PNG Ambassador to Thailand; they will be working closely together on developments for PNG.

 

The Thailand Trade Fair, organized by the Homestate company, was held today at the Crowne Plaza Hotel.

 

The event showcased various products from 50 different companies in Thailand, ranging from packets, tins, and frozen goods, to healthcare, medicine and hardware.

 

During the display of products, we were able to have an introduction with the managing director of Homestate, Paiboon Wetwattana, who is also the third generation of the Thailand rice Industry.

This is the first Thai Trade Fair in PNG to promote the mutual business relationship of Thailand and PNG.

 

The Thai Trade Fair was attended by various VIPs, including government representatives.

Ambassador Sangiampongsa, during his speech, also stated that it is time for Homestate to diversify and promote not only Thailand products but the role of private sectors in PNG.

 

The event highlighted the importance of Thailand’s contribution to PNG’s economy, making PNG a business gateway to contribute to other Pacific countries.

 

Mr Paiboon promoted Homestate’s Jasmine Rice as the only company providing pure jasmine rice at the cheapest price in PNG compared to other Pacific countries and overseas.

 

Fifteen years ago, Jasmine Rice was sold in PNG for K10. The reduction of cost was one of the strategies discussed during the 2013 visit of then-Thai Prime Minister, Yingluck Shinawatra.

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