Showing 1 - 10 of 10
Concerns over decline in steel consumption
Business, Lamonphet Apisitniran, Published on 07/06/2024
» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).
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).
THG set to spend B1-1.5bn on three cancer centres
Business, Lamonphet Apisitniran, Published on 22/05/2024
» Thonburi Healthcare Group Plc (THG) plans to spend 1-1.5 billion baht building three cancer centres in Thailand, continuing the trend of specialist hospitals, while growing its hospital and healthcare businesses in Myanmar and Vietnam.
Gearing up for the new economy
Lamonphet Apisitniran, Published on 20/05/2024
» Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.
China ramps up Thai EV production
Business, Lamonphet Apisitniran, Published on 18/05/2024
» More electric vehicles (EVs) sold in Thailand should be locally manufactured this year as Chinese automakers plan to produce them here from the third quarter, sourcing local materials to support their manufacturing, says the Board of Investment (BoI).
Firms prepare for next phase of Carbon Border Adjustment Mechanism
Business, Lamonphet Apisitniran, Published on 15/05/2024
» Local businesses, especially small and medium-sized enterprises (SMEs), need help to improve their manufacturing environmental standards as new phases of the European Union's Carbon Border Adjustment Mechanism (CBAM) are slated to cover exports to the bloc, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Industrialists join rate-cut chorus
Lamonphet Apisitniran, Published on 07/05/2024
» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).
Grim outlook for Thai steelmakers
Business, Lamonphet Apisitniran, Published on 07/05/2024
» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.
Dumping of cheap steel irks Tata unit
Business, Lamonphet Apisitniran, Published on 01/05/2024
» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.
Study on Land Bridge estate expected soon
Business, Lamonphet Apisitniran, Published on 26/04/2024
» A study on the construction of a new industrial estate to support the government's proposed Land Bridge project is expected to be completed in 3-4 months, says the Industrial Estate Authority of Thailand (IEAT).