Showing 61 - 70 of 2,196
Chinese manufacturers fuel EV market
Business, Lamonphet Apisitniran, Published on 26/03/2024
» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.
Shares retreat as rate-cut bets weaken
Business, Published on 16/03/2024
» RECAP: Asian stocks retreated on Friday, tracking tech-led declines on Wall Street after hotter-than-expected US inflation weakened the case for imminent interest rate cuts by the Federal Reserve.
Caltex Expands Retail Network, Targets 10% Growth
Published on 12/03/2024
» Caltex, by SPRC subsidiary, Star Fuels Marketing Limited (SFL), recently hosted “Caltex Retailer Convention 2024” underscoring its commitment to continuing investment and long-term growth in Thailand. The event celebrated the invaluable contributions of Caltex retailers and solidified partnerships with business associates nationwide. Additionally, the company outlined its future business strategies aimed at adding value and ensuring sustained success in the industry, with a targeted 10% growth in the fuels retail business this year.
ABM to restructure after hefty losses
Business, Yuthana Praiwan, Published on 06/03/2024
» Asia Biomass Plc (ABM), Thailand's largest biomass fuel producer and distributor by volume, is struggling to escape a 77-million-baht loss last year by restructuring its business.
TOA: Spearheading Sustainable Growth Beyond Paint in 2024
Published on 01/03/2024
» In January 2024, Thailand's economy presented a nuanced picture of recovery and challenge, as per the latest report from the Bank of Thailand. Amidst a global landscape marked by fluctuating demand and geopolitical tensions, the nation experienced a modest uplift in its economic activities, though the path to robust expansion remains complex.
Nex Point: Weak growth aids sales
Business, Yuthana Praiwan, Published on 28/02/2024
» The projection of slow economic growth in Thailand this year is believed to be good for electric vehicle sales, says Nex Point Plc, a local assembler of commercial EVs.
Global Green Chemicals eyes income boost from new businesses
Business, Yuthana Praiwan, Published on 22/02/2024
» SET-listed Global Green Chemicals (GGC), the biochemical arm of PTT Global Chemical, expects to rake in more revenue from two new businesses -- food supplements and drugs -- by taking advantage of its expertise in the biochemical industry.
Bolstering Thai Economy: Key Recommendations for Government
Published on 21/02/2024
» The Vice Chairmen of the Federation of Thai Industries (FTI), Mr. Montri Mahaplerkpong and Mr. Apichit Prasoprat, reported a notable increase in the Thailand Industry Sentiment Index (TISI) for January 2024, rising to 90.6 from 88.8 in December 2023. This upswing in TISI can be attributed to various contributing factors.
Health ministry wants ban on recreational cannabis by year-end
Bloomberg News, Published on 21/02/2024
» The government wants to ban recreational use of cannabis by the end of this year, Public Health Minister Cholnan Srikaew said on Wednesday, threatening to put thousands of marijuana shops and farms that have sprung up around the country since a decriminalisation drive two years ago out of business.
Insurance expected to flourish driven by auto, health policies
Business, Nareerat Wiriyapong, Published on 20/02/2024
» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.