Showing 1 - 10 of 3,361
Group seeks gain from US-China trade war
Business, Lamonphet Apisitniran, Published on 23/05/2024
» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).
Bangkok Land keen to develop 'smart' Muang Thong Thani
Business, Published on 23/05/2024
» SET-listed Bangkok Land wants to develop Muang Thong Thani as a smart city district, with plans to build a new seafood and fruit centre offering goods at affordable prices to attract tourists to Nonthaburi, banking on the Pink Line monorail service that is scheduled to start running there next year.
A lever to capture corporate tax scofflaws
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Global tax reform efforts, led by the Organisation for Economic Co-operation and Development (OECD), have been building momentum since 2021, reaching agreement on one of the two pillars of tax reform: the establishment of a global minimum tax.
Baht fundamentals have deteriorated
Business, Published on 23/05/2024
» Uncertainty surrounding the US interest rate trajectory, alongside geopolitical tensions, underpin much of the baht's weakness so far this year. We think the baht will trade sideways and reach 37.50 to the US dollar by year-end once these temporary factors subside.
Biofuels to help ramp up BBGI's income
Business, Yuthana Praiwan, Published on 23/05/2024
» SET-listed BBGI, the biotechnology arm of energy conglomerate Bangchak Corporation Plc, expects a significant increase in revenue driven by key businesses such as biofuels that have a promising business outlook following Bangchak's takeover of Esso (Thailand) Plc.
Thailand, Bhutan start trade talks
Business, Phusadee Arunmas, Published on 23/05/2024
» Thailand and Bhutan opened free trade agreement (FTA) negotiations, aiming to complete the deal by next year.
Asset managers post mixed results
Business, Somruedi Banchongduang, Published on 23/05/2024
» Two bad asset management companies reported lower net profits in the first quarter this year, attributed to higher expected credit losses (ECL) amid a fragile economic recovery.
Yong eyes 2 new plants in Rayong
Business, Kanana Katharangsiporn, Published on 23/05/2024
» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.
TCL banks on premium market
Business, Kuakul Mornkum, Published on 23/05/2024
» TCL Electronics, a Chinese electrical appliance manufacturer, seeks to target the premium market as spending by middle to upper-income customers is unaffected by the economic slowdown, as it plans to build an air conditioner factory in Thailand.
FPO urges beefing up service sector
Business, Wichit Chantanusornsiri, Published on 23/05/2024
» Thailand needs to increase revenue from the service sector to bolster economic growth, according to an economist.