Showing 21 - 30 of 3,387
Shares rise on hopes for stimulus in China
Business, Published on 01/07/2023
» RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.
Q1 household debt hits B16tn
Business, Somruedi Banchongduang, Published on 01/07/2023
» Household debt in the first quarter this year soared to 16 trillion baht, accounting for 90.6% of GDP, attributed to increases in debt as well as the redefinition of national household debt, says Sakkapop Panyanukul, the Bank of Thailand's senior director of the economic and policy department.
Eppo prepping hydrogen pilot project
Business, Yuthana Praiwan, Published on 01/07/2023
» Energy officials plan to push ahead with hydrogen fuel development in an effort to make it one of the main fuels used in the power, transport and industrial sectors, with the aim of becoming less dependent on fossil fuels, says the Energy Policy and Planning Office (Eppo).
Tourism confidence declines in Q2
Business, Molpasorn Shoowong, Published on 01/07/2023
» The Tourism Confidence Index remained below the 2019 rate in the second quarter, slipping from the first quarter because of the low season and weaker tourism income.
Gas supply on an upward trajectory
Yuthana Praiwan, Published on 29/06/2023
» Thailand’s domestic gas supply has increased as production from the Erawan gas block in the Gulf of Thailand has risen to 400 million standard cubic feet per day (MMSCFD) from 210 MMSCFD earlier this year, according to the Department of Mineral Fuels.
Manufacturers seek steps to reduce costs
Business, Lamonphet Apisitniran, Published on 29/06/2023
» Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).
Celebrating 60 Years of Success: AGC Flat Glass (Thailand) Leads the Way in Sustainable Glass Solutions
Published on 29/06/2023
» AGC Flat Glass (Thailand) celebrated its 60th Anniversary, marking a successful journey as a leading glass company in Thailand and transforming from the former Thai-Asahi Glass to its new identity. The commemorative event showcased “AFT New Vision”, emphasising the importance of future sustainability in the glass industry ecosystem. To align with this vision, popular actor-turned-influencer Paul Pattarapon has joined AGC Group (Thailand) to connect with audiences through various media platforms.
GPSC plans to inject capital into Avaada Energy Private
Business, Yuthana Praiwan, Published on 29/06/2023
» Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, plans to inject 19.1 billion rupees (8.28 billion baht) of capital into India-based Avaada Energy Private to expand its renewable energy business amid growing electricity demand in India.
Japanese eye EEC outlay of B3.7bn
Business, Lamonphet Apisitniran, Published on 28/06/2023
» At least three Japanese firms are expected to invest roughly 3.7 billion baht in industries such as electric vehicles (EVs) and smart electronics in the Eastern Economic Corridor (EEC), says the Industrial Estate Authority of Thailand (IEAT).
World Bank: Myanmar recovery years away
Published on 27/06/2023
» The economy of Myanmar has shown some signs of stabilising in the first half of this year but it is unlikely to recover to pre-Covid levels until 2027 or 2028, according to the World Bank.