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GENERAL

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.

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GENERAL

Incubation centre to bring small firms up to date

Business, Lamonphet Apisitniran, Published on 20/09/2024

» Industry Minister Akanat Promphan vows to improve the technological know-how of small and medium-sized enterprises through the establishment of the I-EA-T Incubation Centre for SMEs in Bangkok.

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GENERAL

Operator of Ohkajhu sees green with IPO

Business, Lamonphet Apisitniran, Published on 20/09/2024

» Pluk Phak Praw Rak Mae Co, which runs Ohkajhu organic restaurants, is preparing to sell 159 million shares to raise funds worth 1.06 billion baht under its initial public offering (IPO) scheme to build its food and beverage businesses.

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GENERAL

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).

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GENERAL

SCG preps green transformation

Business, Lamonphet Apisitniran, Published on 18/09/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, plans to allocate 200 billion baht to develop its businesses between 2025 and 2030, in a bid to make them more eco-friendly and competitive.

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GENERAL

WHAUP prepares for energy demand spike

Business, Lamonphet Apisitniran, Published on 16/09/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, is planning to spend 2.3 billion baht to support its business and serve growing demand for water and clean electricity in Thailand and Vietnam.

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MOTORING

Thrilling AMG coupés up the ante

Lamonphet Apisitniran, Published on 14/09/2024

» While getting ready for a test drive might take half a minute or so, the Mercedes-AMG CLE 53 can catapult the driver from 0-100 kilometres per hour in just 4.2sec.

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GENERAL

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.

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GENERAL

New B20bn industrial fund to prioritise SMEs

Lamonphet Apisitniran, Published on 11/09/2024

» Newly appointed Industry Minister Akanat Promphan plans to set up an Industrial Reform Fund worth at least 20 billion baht to help manufacturers, especially small and medium-sized enterprises (SMEs), better deal with liquidity and improve their competitiveness.

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MOTORING

Car sales set to improve in second half

Business, Lamonphet Apisitniran, Published on 10/09/2024

» Sluggish domestic car sales are expected to improve in the second half as banks are likely to relax lending criteria in granting auto loans, says the Federation of Thai Industries (FTI).