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BUSINESS

Panel urges rethink of power tariff

Business, Lamonphet Apisitniran, Published on 06/04/2023

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to reconsider the electricity bill calculation, believing the power tariff of 4.77 baht per kilowatt-hour (unit) could be further reduced.

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BUSINESS

Eastern Economic Corridor ramps up plan to stimulate investment

Business, Lamonphet Apisitniran, Published on 05/04/2023

» Authorities aim to bolster Thai GDP by pushing ahead with a plan to generate 2.2 trillion baht worth of investment in five targeted industries in the Eastern Economic Corridor (EEC) by 2026.

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BUSINESS

PTT seeks partners for future energy deals

Business, Lamonphet Apisitniran, Published on 28/03/2023

» National oil and gas conglomerate PTT Plc is negotiating with more than five companies to form joint ventures, mergers or acquire assets under a plan to further develop new businesses, notably those related to future energy.

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BUSINESS

Industries uneasy over banking crisis

Business, Lamonphet Apisitniran, Published on 24/03/2023

» Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe, says the Federation of Thai Industries (FTI).

BUSINESS

WHA calls for luring further FDI

Business, Lamonphet Apisitniran, Published on 24/03/2023

» SET-listed WHA Corporation, the country's largest developer of built-to-suit logistics facilities, is calling for the next government to take advantage of more foreign investment, especially from China, to boost technology transfers and local employment.

BUSINESS

Borneo Technical upbeat on revenue outlook this year

Business, Lamonphet Apisitniran, Published on 21/03/2023

» Borneo Technical (Thailand), an importer and distributor of industrial and automotive products, aims to benefit from the entry of more Chinese electric vehicle (EV) makers into Thailand, increasing revenue by 10-15% this year to 3.5 billion baht.

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BUSINESS

THG set to spend B5bn on projects from 2023-25

Business, Lamonphet Apisitniran, Published on 17/03/2023

» SET-listed Thonburi Healthcare Group Plc (THG) will spend 5 billion baht between 2023 and 2025 funding various investment projects, including the construction of new hospitals in Thailand and Vietnam, as it aims to benefit from the full reopening of countries.

BUSINESS

Sentiment gains on higher orders of goods, spending

Business, Lamonphet Apisitniran, Published on 16/03/2023

» The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued.

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BUSINESS

Pricey power bills expected to ease

Business, Lamonphet Apisitniran, Published on 10/03/2023

» Electricity bills are expected to decline from May to August as the fuel tariff (Ft) dips following a decrease in the price of liquefied natural gas (LNG), says Energy Minister Supattana­pong Punmeechaow.

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BUSINESS

Indorama Ventures sees its revenue rising by up to 10%

Business, Lamonphet Apisitniran, Published on 07/03/2023

» Thailand-based chemical producer Indorama Ventures Plc (IVL) expects its revenue to rise by 5-10% in fiscal 2023, driven by growing demand, despite the prospects of a global recession.