Showing 1 - 10 of 13
Board of Investment okays Haier's B13.5bn factory project
Business, Lamonphet Apisitniran, Published on 20/09/2024
» The Board of Investment (BoI) continues to promote the smart electronics industry after approving a 13.5-billion-baht investment project of China's Haier Smart Home Co, involving the construction of a new factory in Chon Buri for the production and sale of smart air conditioners domestically and overseas.
Manufacturers' confidence dips to 87.7 points in August
Business, Lamonphet Apisitniran, Published on 19/09/2024
» The Thai Industries Sentiment Index (TISI) fell to 87.7 points in August amid a stagnant economy, a strengthening baht and the impact of severe flooding in the North, says the Federation of Thai Industries (FTI).
WHA increases target for land sales
Business, Lamonphet Apisitniran, Published on 12/09/2024
» SET-listed WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities, has revised up its industrial land sales target to 2,500 rai this year, thanks to growing foreign investment and the state policy to promote new businesses.
Industry sentiment up in July
Business, Lamonphet Apisitniran, Published on 17/08/2024
» The Thai Industries Sentiment Index (TISI) increased for the first time in four months to 89.3 points in July, driven by higher demand for food, medicine and cosmetic products, says the Federation of Thai Industries (FTI).
Steel sales sluggish in first 5 months of the year
Business, Lamonphet Apisitniran, Published on 29/07/2024
» Thailand's steel industry experienced sluggish sales during the first five months of this year, stemming from lower spending in construction projects amid pressure from cheap imports from China, says Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker.
Siam Cement sees lower revenue growth in 2024
Business, Lamonphet Apisitniran, Published on 26/07/2024
» SET-listed Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, has decided to revise down its revenue growth target to 10% this year, down from 20% due to a raft of factors, including the domestic economic slowdown and sluggish sales in the petrochemical industry.
SCGD looks to Asean to boost revenue by 10%
Business, Lamonphet Apisitniran, Published on 25/07/2024
» SCG Décor (SCGD), a decor surface and bathroom business operator, expects its revenue to grow by 10% year-on-year to 30 billion baht, driven by more sales, including sales of green products, in the Asean market.
Hermes, US firm to carry out green hydrogen study
Business, Lamonphet Apisitniran, Published on 19/07/2024
» Industrial estate developer Hermes Cooperation Co is planning to jointly conduct a feasibility study with a US company for a green hydrogen-derived electricity project to serve tech companies interested in investing in data centres and cloud services at the company's new industrial estate in Chon Buri.
Harman building B2.8bn Thai factory
Business, Lamonphet Apisitniran, Published on 24/06/2024
» Harman, a US-based subsidiary of Samsung Electronics, is building its first Southeast Asian factory, with Thailand chosen as its production base to export electronic products for cars.
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).