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BUSINESS

IEAT preparing to invest in hydrogen projects

Business, Lamonphet Apisitniran, Published on 24/01/2023

» The Industrial Estate Authority of Thailand (IEAT) plans to invest in hydrogen energy projects, which would include the use of hydrogen-powered vehicles to transport workers in its industrial estates, as part of efforts to shift towards clean energy.

BUSINESS

Sugar retail prices likely to increase as costs rise

Business, Lamonphet Apisitniran, Published on 21/01/2023

» The retail prices of sugar may be adjusted following an increase in the ex-factory price by 1.75 baht a kilogramme as production costs surge.

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BUSINESS

Manufacturers urged to adopt renewables

Business, Lamonphet Apisitniran, Published on 19/01/2023

» Higher power bills will be a key factor awakening businesses in the manufacturing sector to a need to seriously adopt renewable energy to relieve an increase in their production costs, estimated at 4.88% on average, says the Industry Ministry.

BUSINESS

TISI decreases for first time in 7 months

Business, Lamonphet Apisitniran, Published on 18/01/2023

» The Thailand Industry Sentiment Index (TISI) decreased for the first time in seven months to 92.6 points during the festive month of December last year, says the Federation of Thai Industries (FTI).

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BUSINESS

Executives call for panel to deal with power bills

Business, Lamonphet Apisitniran, Published on 12/01/2023

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask the government to jointly set up a panel to deal with high power bills, which are discouraging foreign businesses from investing in Thailand.

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BUSINESS

IMH pays B998m for Mahaesak Hospital

Business, Lamonphet Apisitniran, Published on 11/01/2023

» Intermedical Care and Lab Hospital Plc (IMH) has bought privately-run Mahaesak Hospital in Bangkok's Silom area for 998 million baht to support its healthcare services for expatriates and other foreigners.

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BUSINESS

Tax incentives to encourage reduction in plastic usage

Business, Lamonphet Apisitniran, Published on 10/01/2023

» The Industry and Finance ministries are using a new corporate income tax reduction programme to encourage businesses to use more biodegradable plastic products, in a move to reduce waste.

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BUSINESS

IEAT unveils drive to woo investors

Business, Lamonphet Apisitniran, Published on 06/01/2023

» The Industrial Estate Authority of Thailand (IEAT) is utilising marketing tactics at four of its industrial estates to attract more Thai and foreign investors.

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BUSINESS

Call for more tourists in the provinces

Business, Lamonphet Apisitniran, Published on 05/01/2023

» The Federation of Thai SMEs is asking the government to draw more foreign tourists to second-tier provinces in a move to help drive local economies and support small and medium-sized enterprises (SMEs).

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BUSINESS

Beijing easing to foster Thai growth in 2023

Business, Lamonphet Apisitniran, Published on 29/12/2022

» The Federation of Thai Industries (FTI) expects Thailand's economic recovery to hit the fast track next year, driven by higher tourism revenue and exports following China's decision to reopen its borders from Jan 8.