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Search Result for “$8 billion”

Showing 41 - 50 of 388

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BUSINESS

SCG Cement unit upbeat on growth in 2023

Business, Lamonphet Apisitniran, Published on 06/05/2023

» Construction materials producer SCG Cement-Building Materials expects cement consumption this year to grow by 1-2% year-on-year to more than 30 million tonnes, mainly attributed to the tourism recovery.

BUSINESS

Elections offer respite as output dips

Business, Lamonphet Apisitniran, Published on 29/04/2023

» Election campaigns are expected to stimulate the economy briefly amid global economic uncertainties that are blamed for causing the Manufacturing Production Index (MPI) to dip by 4.56% year-on-year in March to 104.6 points, says the Office of Industrial Economics (OIE).

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BUSINESS

SCGP buys 70% share of SPV

Business, Lamonphet Apisitniran, Published on 26/04/2023

» SCG Packaging Plc (SCGP) is acquiring a 70% share in Starprint Vietnam JSC (SPV) for 1.53 billion baht to take advantage of positive prospects in Vietnam.

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BUSINESS

Thai-Saudi trade set to surge

Business, Lamonphet Apisitniran, Published on 24/04/2023

» Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products, following sluggish exports to the US and Europe.

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NEWS

Changan to invest B9.8bn in EV factory

Business, Lamonphet Apisitniran, Published on 21/04/2023

» Chinese carmaker Changan Automobile looks set to become the latest electric vehicle (EV) investor in Thailand after announcing a 9.8-billion-baht investment to develop a range of models here.

BUSINESS

BoI targets Chinese investors

Business, Lamonphet Apisitniran, Published on 11/04/2023

» The Board of Investment (BoI) is pushing ahead with a plan to lure foreign funds, with its recent roadshow in China targeting those in the electric vehicle (EV) and electronic businesses.

BUSINESS

Borneo Technical upbeat on revenue outlook this year

Business, Lamonphet Apisitniran, Published on 21/03/2023

» Borneo Technical (Thailand), an importer and distributor of industrial and automotive products, aims to benefit from the entry of more Chinese electric vehicle (EV) makers into Thailand, increasing revenue by 10-15% this year to 3.5 billion baht.

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BUSINESS

Indorama Ventures sees its revenue rising by up to 10%

Business, Lamonphet Apisitniran, Published on 07/03/2023

» Thailand-based chemical producer Indorama Ventures Plc (IVL) expects its revenue to rise by 5-10% in fiscal 2023, driven by growing demand, despite the prospects of a global recession.

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NEWS

EV battery subsidies head to cabinet soon

Business, Lamonphet Apisitniran, Published on 06/03/2023

» The Industry Ministry plans to ask the cabinet to approve an incentive package for electric vehicle (EV) battery production before dissolution of the House of Representatives this month.

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PROPERTY

PIN expects land sales in east to expand

Business, Lamonphet Apisitniran, Published on 28/02/2023

» Industrial estate developer Pinthong Industrial Park Plc (PIN) expects its land sales in the eastern provinces of Chon Buri and Rayong to reach 420 rai, driven by investment from China in electric vehicle (EV) manufacturing.