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Search Result for “$8 billion”

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NEWS

EV battery excise tax to be reduced to 1%

News, Lamonphet Apisitniran, Published on 03/02/2023

» A national committee on electronic vehicle policy, also known as the EV board, on Thursday agreed in principle on a proposal to lower the excise tax on EV batteries from the current 8% to just 1% while offering a 24-billion-baht subsidy to the EV battery-producing industry.

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PROPERTY

IMH, Pornnarit Group to co-develop medical hub

Business, Lamonphet Apisitniran, Published on 02/02/2023

» Intermedical Care and Lab Hospital Plc (IMH) is teaming up with the Pornnarit Group to establish the IMH Medical Hub project -- valued at 1.2 billion baht -- in Samut Prakan's Bearing area.

BUSINESS

SCGP eyes revenue surge amid packaging recovery

Business, Lamonphet Apisitniran, Published on 25/01/2023

» SCG Packaging Plc (SCGP) has set a revenue target of 160 billion baht for this year as China's reopening and the tourism recovery are expected to boost packaging consumption.

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NEWS

CP Foton Sales to spend B1bn on factory

Business, Lamonphet Apisitniran, Published on 20/01/2023

» CP Foton Sales Co, a Thai-Chinese automaker in the commercial vehicle segment, plans to spend 1 billion baht building a factory to assemble electric vehicles (EVs) and oil-powered vehicles in Thailand by 2026.

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BUSINESS

Businesses want cap on fuel tariff

Business, Lamonphet Apisitniran, Published on 24/12/2022

» Key business leaders have jointly called on the government to put a cap on the fuel tariff (Ft), a main component of electricity prices, for one year as another "New Year gift" to help Thailand avoid unpleasant impacts as the economy recovers.

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NEWS

EV producers cheered by bookings at motor show

Business, Lamonphet Apisitniran, Published on 15/12/2022

» Bookings for 5,800 electric vehicles (EVs) at the Thailand International Motor Expo are providing fuel for the government's ongoing efforts to develop the domestic EV industry.

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BUSINESS

PIN allots B1.6bn to renewable efforts

Business, Lamonphet Apisitniran, Published on 15/12/2022

» Industrial estate developer Pinthong Industrial Park Plc (PIN) plans to allocate 1.6 billion baht to invest in renewable energy projects by installing floating and rooftop solar panels at its industrial estates.

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BUSINESS

IEAT launches construction of new Map Ta Phut dock

Business, Lamonphet Apisitniran, Published on 13/12/2022

» The Industrial Estate Authority of Thailand (IEAT) has co-developed a new dock to facilitate the transport and storage of liquid goods, including liquefied natural gas, at its Map Ta Phut deep-sea port in the Eastern Economic Corridor (EEC).

BUSINESS

BoI partners with FTI to promote BCG investments

Business, Lamonphet Apisitniran, Published on 29/11/2022

» The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development.

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BUSINESS

Call for stimulus as slowdown looms

Business, Lamonphet Apisitniran, Published on 10/11/2022

» The Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI).