Showing 21 - 30 of 121
Chinese EV makers urged to use locally sourced parts
Business, Lamonphet Apisitniran, Published on 23/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.
IEAT touts clean energy estates
Business, Lamonphet Apisitniran, Published on 23/07/2024
» The Map Ta Phut Industrial Estate and its deep-sea port in Rayong will be developed to have a clean new look under a plan to replace fossil fuel-derived energy with renewable energy to serve growing demand among companies committed to carbon dioxide reduction, says the Industrial Estate Authority of Thailand (IEAT).
Banks set for potential EA cross-default
Business, Somruedi Banchongduang, Published on 18/07/2024
» Banks are expected to set aside over 10 billion baht in total loan loss provisions for embattled Energy Absolute (EA) if the company faces a cross-default, according to UBS Securities (Thailand).
Top-earning businesses revealed
Business, Phusadee Arunmas, Published on 16/07/2024
» The Department of Business Development has revealed the top 10 types of businesses with the highest level of income in 2023.
Energy Absolute CEO accused of fraud
Published on 13/07/2024
» The Securities and Exchange Commission has accused the two top executives of the renewable energy firm Energy Absolute (EA) of procurement fraud that earned the perpetrators 3.5 billion baht.
Strict loan rules weigh on vehicle sales
Business, Published on 11/07/2024
» We have turned negative on Thailand's vehicle sales for 2024 after recording weaker-than-expected sales results for the first four months of the year, and showing little potential for a rebound over the second half of 2024 due to debt pressure.
Sena zeroes in on solar panel installation
Business, Yuthana Praiwan, Published on 11/07/2024
» Sena Development Plc will continue to focus on rooftop solar panel installation to support its goal of becoming a zero-energy house (ZEH) developer.
Asia's worst stock loser erases Thai founder from billionaire status
Bloomberg News, Published on 10/07/2024
» Somphote Ahunai, whose net worth topped US$4.8 billion two years ago, is no longer a billionaire after a series of unwieldy efforts to diversify one of Thailand's biggest renewable-power producers into a Tesla-like transport specialist.
Asian shares, currencies end week on upbeat note
Business, Published on 06/07/2024
» RECAP: Asian equities were poised for weekly gains on Friday as soft US labour market data buoyed expectations of interest rate cuts by the Federal Reserve later this year. Most regional currencies also inched higher versus a weaker dollar.
EA eager to raise funds later this year
Business, Yuthana Praiwan, Published on 03/07/2024
» Energy Absolute Plc (EA), a renewable energy and electric vehicle (EV) developer and operator, plans to raise funds in the second half of this year to grow its businesses and pay back part of the debt incurred under its past corporate bonds.