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BUSINESS

Banpu buries capital outlay for this year and next

Business, Nareerat Wiriyapong, Published on 15/08/2014

» SET-listed Banpu Plc, Asean's leading coal miner, is likely to cut its planned capital expenditure this year and next by US$150 million from $779 million by postponing and adjusting investment projects in Australia and Mongolia, says chief executive Chanin Vongkusolkit.

BUSINESS

Japanese vow to stay put

Business, Nareerat Wiriyapong, Published on 30/07/2014

» Japanese investors are keeping their investment plans in Thailand intact on expectations of a second-half economic and export recovery.

BUSINESS

Working groups to tackle infrastructure deadlock

Business, Nareerat Wiriyapong, Published on 15/07/2014

» The National Council for Peace and Order (NCPO) has agreed to set up three working groups — on transport, energy infrastructure and water management — as Japanese investors call for speeding up work in these areas.

BUSINESS

Thonburi Hospital inks Myanmar deal

Business, Nareerat Wiriyapong, Published on 24/06/2014

» Thonburi Hospital Group (THG), owned and chaired by property tycoon Boon Vanasin, plans to expand its presence aggressively in Myanmar by investing 5 billion baht over five years to build three hospitals and clinics nationwide.

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BUSINESS

B.Grimm seals deal for Sime Darby unit

Business, Nareerat Wiriyapong, Published on 17/06/2014

» B.Grimm, one of Thailand's oldest conglomerates, has acquired the power business of Malaysia's Sime Darby in Thailand for 5.3 billion baht and plans to seek more opportunities in Asean.

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BUSINESS

Thais tap souring ties

Business, Nareerat Wiriyapong, Published on 16/05/2014

» Anti-China riots that have erupted in industrial zones in southern Vietnam over the South China Sea disputes could bring a windfall for Thailand as Chinese investors seek safer investment destinations in Southeast Asia, says the Board of Investment (BoI).

BUSINESS

BoI applications down 60%

Business, Nareerat Wiriyapong, Published on 11/03/2014

» Investment applications sent to the Board of Investment (BoI) fell by nearly 60% year-on-year in the first two months of 2014 as investors adopt a wait-and-see approach amid the country’s ongoing political impasse.

BUSINESS

GM's overseas boss hails Asean growth

Business, Nareerat Wiriyapong, Published on 21/01/2014

» DETROIT, MICHIGAN : General Motors (GM) has put Thailand and Asean at the centre of plans for a greater global presence, but the biggest US car maker says political stability remains vital in the eyes of foreign investors.

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BUSINESS

KTB preps for yuan business in Yunnan

Business, Nareerat Wiriyapong, Published on 11/12/2013

» YUNNAN : Krungthai Bank (KTB), the country's second-largest bank by assets, is strengthening the role of its Kunming branch as part of the strategy to build a greater presence in the Greater Mekong Subregion.

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BUSINESS

JFE girds for full capacity at Rayong plant next year

Business, Nareerat Wiriyapong, Published on 12/11/2013

» RAYONG - JFE Steel Corp, Japan's second-largest steelmaker, expects its US$300-million galvanised steel sheet plant in Thailand will run at full capacity in the final quarter of next year, brushing aside concerns about anti-government protests here.