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THAILAND

Fruit auction idea sent to cabinet

Business, Lamonphet Apisitniran, Published on 06/02/2018

» The Industry Ministry will propose the cabinet approve a new project named the Eastern Fruit Corridor (EFC) to be the first fruit auction market in Thailand, with an investment of 1.58 billion baht.

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BUSINESS

IEAT eyes development of two industrial estates

Business, Lamonphet Apisitniran, Published on 05/02/2018

» The Industrial Estate Authority of Thailand (IEAT) plans to form a partnership with two private companies to develop and operate two new industrial estates worth 9.83 billion baht.

BUSINESS

Producers urge local steel use

Business, Lamonphet Apisitniran, Published on 05/02/2018

» Local steel makers are calling for the government to support the use of domestic steel materials to build the Thai-Chinese high-speed railway, as they are concerned that all the materials will be imported from China.

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BUSINESS

Tata expects Thai demand to grow on state projects

Business, Lamonphet Apisitniran, Published on 02/02/2018

» SET-listed Tata Steel Thailand Plc (TSTH), the Thai unit of India's largest steelmaker, expects Thai steel demand to grow by 5-8% this year to 18 million tonnes thanks to the government accelerating infrastructure projects.

BUSINESS

OIE sanguine on minimum wage hike

Business, Lamonphet Apisitniran, Published on 01/02/2018

» The Office of Industrial Economics (OIE) predicts the industrial sector will not be directly affected by the minimum wage hike, saying most large factories already pay a higher rate.

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BUSINESS

Manpower warns of disruption

Business, Lamonphet Apisitniran, Published on 25/01/2018

» US recruitment agency Manpower Group Thailand forecasts the country's labour force in banking, retail and industry will see a massive drop because of digital disruption.

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BUSINESS

SCG predicts 5-6% rise in 2018 revenue

Business, Lamonphet Apisitniran, Published on 25/01/2018

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects 2018 revenue to rise by 5-6% to 472-477 billion baht, thanks to an expansion of petrochemical production capacity.

BUSINESS

High-tech Chinese estate mulled by governments

Business, Lamonphet Apisitniran, Published on 24/01/2018

» The Thai and Chinese governments are discussing how the Chinese industrial estate in Rayong can serve the aims of the high-technology sector in Thailand.

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BUSINESS

SME Bank to rain B78bn in soft loans

Business, Lamonphet Apisitniran, Published on 23/01/2018

» The government is moving ahead with the launch of its first batch of SME soft loans worth 78 billion baht in the first quarter this year, to support the development of digital technologies by small and medium-sized enterprises (SMEs).

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BUSINESS

Denso aids Thai SMEs

Business, Lamonphet Apisitniran, Published on 20/01/2018

» The Department of Industry Promotion (DIP) has signed a memorandum of understanding with Denso Corporation to set up a new modern industry manufacturing centre tasked with developing technology and automation systems for small and medium-sized enterprises (SMEs), says deputy industry minister Somchai Harnhiran.