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BUSINESS

HomePro operator sinks B4bn into establishing new stores

Business, Pitsinee Jitpleecheep, Published on 05/07/2023

» Home decoration and improvement company Home Product Center Plc, the operator of HomePro, has invested 4 billion baht this year in establishing new stores.

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BUSINESS

TPCH eyes 40% revenue increase in 2023

Business, Yuthana Praiwan, Published on 05/07/2023

» SET-listed TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, expects revenue to grow by 30-40% in 2023, from 2.7 billion baht last year, thanks to increased management of power plants.

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BUSINESS

Shippers lower exports forecast

Business, Phusadee Arunmas, Published on 05/07/2023

» The Thai National Shippers' Council (TNSC) has trimmed its exports forecast to a range of -0.5% to 1% growth, compared with 0-1% growth previously, based on high uncertainty surrounding major trading partners the US, the EU and China, in addition to relatively high global interest rates.

BUSINESS

Analysts downgrade target for Thai bourse

Business, Nuntawun Polkuamdee, Published on 05/07/2023

» The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.

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BUSINESS

Carbon 'capture' tech is booming, and confusing

AFP, Published on 04/07/2023

» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.

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BUSINESS

Power firm TPCH eyes 40% revenue increase

Yuthana Praiwan, Published on 04/07/2023

» SET-listed TPC Power Holding (TPCH), the renewable power generation arm of the construction firm Thai Polycons Plc, expects revenue to grow by 30-40% in 2023, from 2.7 billion baht last year, thanks to increased management of power plants.

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BUSINESS

DSI to grill 2 former Stark execs

Published on 04/07/2023

» Two former executives of financially ailing Stark Corporation are being summoned by the Department of Special Investigation (DSI) to answer charges that they falsified financial statements of the listed company.

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BUSINESS

2023 exports seen between 0.5% fall and 1% growth

Reuters, Published on 04/07/2023

» Thailand's exports are expected to show between a 0.5% drop and a 1.0% rise this year as global demand remains soft but a weak baht is supportive, the Thai National Shippers' Council said on Tuesday.

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BUSINESS

Stocks to rebound on government optimism - analysts

Bloomberg News, Published on 04/07/2023

» Thailand’s stocks may rebound in the fourth quarter as the appointment of a new government will likely bolster optimism about the prospects of fiscal stimulus spurring sluggish economic growth, according to a survey of analysts.

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BUSINESS

Lotus's unveils smart unmanned store

Business, Komsan Tortermvasana, Published on 04/07/2023

» Lotus's hypermarket, in collaboration with True Digital, on Monday officially launched Lotus's Pick & Go by True Digital -- Thailand's first smart unmanned store -- at Lotus's North Ratchapruek community centre flagship store, reflecting their adoption of the latest technology to transform the retail industry.