Showing 1 - 10 of 23
Firms optimistic regarding local technology investments
Business, Suchit Leesa-nguansuk, Published on 13/09/2024
» Global technology and consulting firms are confident in Thailand's growth in the digital era, urging local organisations to accelerate their adoption of cloud and artificial intelligence (AI) technologies, as well as pursuing robust cybersecurity and data privacy measures.
Ratanarak Group increasing its shareholding in Siam City Cement
Published on 19/08/2024
» Today, the largest shareholder in Siam City Cement, the Ratanarak Group, has acquired an additional stake of 25.54% from Jardine Cycle and Carriage Ltd, increasing its combined shareholding to approximately 71.88%. This acquisition will be followed by a mandatory tender offer available to all remaining minority shareholders. Regardless of the outcome of the mandatory tender offer, it is understood that Siam City Cement will remain a public company listed on the Stock Exchange of Thailand in compliance with applicable listing requirements. The Ratanarak Group, the founders of Siam City Cement back in 1969, will after this acquisition be the sole major and controlling shareholder.
SCGD looks to Asean to boost revenue by 10%
Business, Lamonphet Apisitniran, Published on 25/07/2024
» SCG Décor (SCGD), a decor surface and bathroom business operator, expects its revenue to grow by 10% year-on-year to 30 billion baht, driven by more sales, including sales of green products, in the Asean market.
OneWeb preps broadband internet service
Business, Komsan Tortermvasana, Published on 04/06/2024
» Broadband internet services offered by low Earth orbit (LEO) satellite company OneWeb are expected to be launched locally by the fourth quarter this year.
SCG unit ups presence in Vietnam
Business, Lamonphet Apisitniran, Published on 14/05/2024
» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.
Jorakay plans new factory in Vietnam
Business, Kanana Katharangsiporn, Published on 02/05/2024
» Jorakay Corporation, a manufacturer of tile adhesive, grouting products and construction chemicals under the Crocodile brand, plans to invest 300 million baht in 2028 to set up a factory in Vietnam to tap strong demand and expand its export base to the Philippines and Indonesia.
Regulator delays approval of NT foreign satellite plan
Business, Komsan Tortermvasana, Published on 26/04/2024
» The National Broadcasting and Telecommunications Commission (NBTC) has again delayed approval of a proposal by National Telecom (NT) for licences to operate a service using a foreign satellite.
Vimut focuses on specialist hospitals
Business, Published on 17/04/2024
» Thai hospitals are competing to become specialists in treating certain health problems as more people seek treatment and care that suit their lifestyle and age, says the head of Vimut Holding Hospital, a private hospital operator.
More foreigners employed in tourism
Business, Molpasorn Shoowong, Published on 25/03/2024
» The illegal employment of foreigners in Thailand is still a concern for the tourism sector, while a minimum wage hike for local workers in the sector should be announced by Songkran, according to the Labour Ministry.
Bumper 2023 for BGRIM as net profit expands sharply
Business, Published on 01/03/2024
» B.Grimm Power (BGRIM) reported a surge in normalised net profit in 2023 after facing a severe impact from the gas price crisis in the previous year.