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GENERAL

Industry group predicts short-term price stability

Business, Lamonphet Apisitniran, Published on 03/05/2024

» Manufacturers are expected to maintain the prices of goods in the short term following a recent hike in domestic diesel rates to avoid adding a burden to people's cost of living, says the Federation of Thai Industries (FTI).

INVESTMENT

Board of Investment reveals new project proposals rise 31% in Q1

Business, Lamonphet Apisitniran, Published on 03/05/2024

» The Board of Investment (BoI) reported a 31% year-on-year surge in the value of new investment project proposals in the first quarter, tallying 228 billion baht, with electronics and electrical appliances the segment comprising the highest value.

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GENERAL

Dumping of cheap steel irks Tata unit

Business, Lamonphet Apisitniran, Published on 01/05/2024

» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.

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GENERAL

EEC prepares for water shortages

Business, Lamonphet Apisitniran, Published on 30/04/2024

» A water shortage, caused by an El Niño-induced drought, in the Eastern Economic Corridor (EEC) could be avoided as water supplies have been prepared for factories to help them get through the dry season this year, says the Industrial Estate Authority of Thailand (IEAT).

GENERAL

Conflict hits Myanmar border trade

Business, Lamonphet Apisitniran, Published on 29/04/2024

» The armed conflict between the Myanmar junta and ethnic minority groups could reduce Thai-Myanmar border trade value by 40%, says the Federation of Thai Industries (FTI).

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GENERAL

SCG tracking events in the Middle East

Business, Lamonphet Apisitniran, Published on 26/04/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its energy and operating costs as well as expenses for raw materials to increase if conflicts in the Middle East escalate.

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GENERAL

Study on Land Bridge estate expected soon

Business, Lamonphet Apisitniran, Published on 26/04/2024

» A study on the construction of a new industrial estate to support the government's proposed Land Bridge project is expected to be completed in 3-4 months, says the Industrial Estate Authority of Thailand (IEAT).

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GENERAL

SCGP takes measures to reduce risk

Business, Lamonphet Apisitniran, Published on 24/04/2024

» SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, is concerned about the effects of geopolitical conflicts, especially in the Middle East, on energy prices, including oil and coal.

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MOTORING

China's Chery lands BOI perks for Rayong EV plant

Lamonphet Apisitniran, Published on 23/04/2024

» Thailand continues to attract investment in its electric vehicle (EV) industry, with Chery Automobile being the latest Chinese EV manufacturer to have been granted investment incentives by the Board of Investment (BOI) to build a factory in Rayong province.

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GENERAL

Thai sugar output falls amid drought

Business, Lamonphet Apisitniran, Published on 22/04/2024

» Thailand's sugar cane output declined in the 2023-24 crop year, resulting from severe drought, which may affect sugar supply in the global market, says the Office of the Cane and Sugar Board (OCSB).