Showing 21 - 30 of 153
Shares boosted by growing hopes for a soft landing
Business, Published on 31/08/2024
» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.
Hyundai allocates B1bn for electric vehicle expansion
Business, Lamonphet Apisitniran, Published on 29/08/2024
» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, is preparing to expand its electric vehicle business in the country within September under a 1-billion-baht investment in a move to compete with other EV manufacturers.
Roadshow tantalises more South Korean corporations
Business, Lamonphet Apisitniran, Published on 28/08/2024
» The Board of Investment (BoI) continued to encourage more South Korean companies, including vaccine maker SK Bioscience, to expand their businesses into Thailand during its latest roadshow in Seoul.
Mercedes-Benz rolls out new electric models in Thailand
Business, Published on 27/08/2024
» Two newly launched Mercedes-Benz electric car models are making their way to Thai owners, overcoming challenges in the Thai automotive industry. The German luxury automaker remains confident in its growth within the domestic market, despite experiencing a downturn, attributing this optimism to customer trust in its electric mobility technology and design.
PTT sees business taking off in 2nd half
Business, Yuthana Praiwan, Published on 24/08/2024
» National oil and gas conglomerate PTT Plc expects a better business performance in the latter half of 2024, thanks to an improving Thai economy and an increase in energy demand typical of year-end festivals and the tourism season.
National plan faces delay amid cabinet reshuffle
Business, Yuthana Praiwan, Published on 23/08/2024
» Thailand's new national energy plan (NEP), outlining the roadmap towards a low-carbon society, is expected to encounter a delay due to the protracted process of forming a new cabinet under the Paetongtarn Shinawatra administration, says the Energy Policy and Planning Office.
Changan to open Thai EV factory next March
Lamonphet Apisitniran, Published on 22/08/2024
» Changan Automobile’s first electric vehicle (EV) manufacturing plant in Southeast Asia is set to open in Thailand in the first quarter of next year, with a total investment budget exceeding 10 billion baht.
IRPC Partners with VISUP in Advanced Materials Investment
Published on 22/08/2024
» IRPC Public Co., Ltd., led by Kris Imsang, President and Chief Executive Officer, along with Prof. Dr Pimchai Chaiyen, VISTEC President and VISUP Director, and Narongchai Pisutpunya, Chief Executive Officer of Cleantech & Beyond Co., Ltd., announced a joint investment in Cleantech & Beyond Co., Ltd. to explore new business opportunities (Step Up & Beyond) and further the company’s vision, ‘Shape Material and Energy Solutions in Harmony with Life’, at IRPC's innovation centre in Rayong.
Taiwanese startup touts Thai relocation
Suchit Leesa-nguansuk, Published on 22/08/2024
» Thailand can gain a geopolitical advantage from Taiwan by manufacturing electric vehicle (EV) batteries and auto components, including integrated circuit packaging and testing.
Banpu Power eyeing more power plants in US
Yuthana Praiwan, Published on 21/08/2024
» SET-listed Banpu Power, the power generation arm of energy conglomerate Banpu Group, is keen on acquiring more energy assets in the US to boost revenue from growing energy demand in the country.