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BUSINESS

Analyst warns of potholes in Myanmar

Business, Nareerat Wiriyapong, Published on 20/02/2012

» Foreign firms such as the SET-listed Italian-Thai Development Plc (ITD) should exercise caution when investing in Myanmar, as democratic reforms will take time and huge challenges remain, say analysts.

BUSINESS

Praising state efforts, CEO says DHL is here to stay

Business, Nareerat Wiriyapong, Published on 20/02/2012

» Thailand will remain a major Asian hub for DHL Express despite problems related to last year's flooding, says the the world's leading express service provider as it vows to continue to invest here and capitalise on opportunities resulting from regional integration.

BUSINESS

PSL aims to double fleet by mid-2014

Business, Nareerat Wiriyapong, Published on 03/02/2012

» Precious Shipping Plc (PSL), the country's largest dry-bulk carrier by market value, plans to more than double its fleet from 26 ships now to 60 by mid-2014 amid projections that the shipping industry will bounce back next year.

BUSINESS

Full speed ahead for Continental as AEC approaches

Business, Nareerat Wiriyapong, Published on 31/01/2012

» German auto-parts maker Continental AG has confirmed plans for a 5-billion-baht investment in Thailand despite last year's flooding, aiming to capitalise on an expected surge in intra-regional trade once the Asean Economic Community (AEC) emerges in 2015.

BUSINESS

Hana budgets US$45m for Thai and China expansion

Business, Nareerat Wiriyapong, Published on 27/01/2012

» The SET-listed Hana Microelectronics will spend US$45 million this year to expand capacity at its factories in Thailand and China as well as to recover production at its flood-hit Ayutthaya facility.

BUSINESS

PTTEP considers $1.2bn snatch for UK company

Business, Nareerat Wiriyapong, Published on 24/01/2012

» SET-listed PTT Exploration and Production Plc (PTTEP) is studying the possibility of acquiring the UK-based Cove Energy in a deal worth US$1.2 billion.

BUSINESS

Baltic Dry Index likely to slip

Business, Nareerat Wiriyapong, Published on 18/01/2012

» Shipping rates have dropped to near last year's low on global demand and supply concerns and it could slip further in the next few months.

BUSINESS

Thai electronics exports to take Q1 nosedive

Business, Nareerat Wiriyapong, Published on 16/01/2012

» Thailand's electronics exports are expected to fall by double digits year-on-year in the first quarter due to the gradual nature of the recovery in post-flood manufacturing and the economic slowdown in major destinations.

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BUSINESS

FiberVisions acquisition to help IVL meet revenue target

Business, Nareerat Wiriyapong, Published on 09/01/2012

» The recent acquisition of FiberVisions Holdings in the US will enable Indorama Ventures Plc (IVL) to boost its production volume by 20% this year and beat the original revenue target of 240 billion baht.

BUSINESS

Delta plans $40m outlay for each of next three years

Business, Nareerat Wiriyapong, Published on 06/01/2012

» Delta Electronics (Thailand), the country's largest electronics firm by market value, is set to invest up to US$40 million annually over the next three years to expand its global production capacity.