Showing 1 - 10 of 49
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.
Panel unfazed by higher diesel cost
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Manufacturers are unlikely to increase the prices of goods if the government decides to allow the price of domestic diesel to exceed 30 baht a litre, following the expiry of a subsidy scheme using the Oil Fuel Fund on March 31, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
BMW to announce local EV battery plant plan
Business, Lamonphet Apisitniran, Published on 28/02/2024
» BMW Group Thailand is planning to build an electric vehicle battery factory in Thailand this year to support its sales of battery EVs and plug-in hybrid EVs, competing with Chinese EV supply chains.
KCar predicts sluggish market this year
Business, Lamonphet Apisitniran, Published on 26/01/2024
» Krungthai Car Rent & Lease Plc (KCar) expects the second-hand car and car rental markets to slow as loans remain difficult to obtain from financial institutions.
TMG signs land lease for B5bn riverside wellness hub
Business, Lamonphet Apisitniran, Published on 31/01/2023
» Thai Medical Groups Co (TMG), a manufacturer of medical gloves, has signed a land lease agreement to build La Torre Medical Wellness Center, a luxury riverside wellness centre worth 5 billion baht.
SMBC touts Japanese interest in EEC
Business, Lamonphet Apisitniran, Published on 28/07/2022
» Japan-based Sumitomo Mitsui Banking Corporation (SMBC) is preparing to help Thailand encourage Japanese business people to invest in the Eastern Economic Corridor (EEC), a new high-tech industrial hub in the country.
Venture to facilitate a cut in emissions
Business, Lamonphet Apisitniran, Published on 24/06/2022
» The Industrial Estate Authority of Thailand (IEAT) is promoting solar energy at its estates nationwide under a new joint venture aimed at helping the government reduce carbon emissions in the manufacturing sector.
Industry leaders warn of challenges ahead for Thai economy
Business, Lamonphet Apisitniran, Published on 12/05/2022
» Despite a gradual recovery projected for the tourism sector, Thailand's economy still faces a spate of challenges including the persistent pandemic and the impact of Russia's invasion of Ukraine, which has disrupted global commerce, pushed up oil prices and threatened food supplies.
Minimum wage hike in spotlight
Business, Lamonphet Apisitniran, Published on 12/05/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes Thailand can manage 2.5-4% GDP growth this year if an increase in the daily minimum wage is appropriate given the higher living costs.
Inflation heads industry agenda
Business, Lamonphet Apisitniran, Published on 09/05/2022
» Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.