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Search Result for “investments”

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THAILAND

VEOCEL™ Lyocell Production Expands to Asia – Launching a New Chapter for Nonwovens in the Region

Published on 31/03/2026

» Prachinburi (Thailand), 31 March 2026 – VEOCEL™, Lenzing's flagship specialty nonwovens brand, expands production at its Thai plant in Prachinburi. This is the first-ever production of its nonwoven-grade lyocell fibres in Asia. Built in 2022 with a 100,000-ton annual production capacity, the facility - previously focused on fibres for textile applications - now can directly meet the demand for VEOCEL™’s biodegradable[1], wood-based lyocell fibres for nonwovens products. These fibres are an essential ingredient for high-quality nonwovens products, ranging from baby wipes to facial sheet masks and everyday personal hygiene items.

BUSINESS

Microsoft plans $1-billion investment in Thailand

Reuters, Published on 31/03/2026

» ​Microsoft announced on Tuesday that it plans to invest US$1 billion in Thailand over the next two ​years ⁠in cloud services and artificial intelligence (AI) infrastructure over the next two years.

BUSINESS

Cautious investments urged amid chaos of Mideast war

Business, Nuntawun Polkuamdee, Published on 31/03/2026

» Investors are being advised to raise cash positions amid heightened volatility in the Middle East, says InnovestX Securities, warning that a prolonged conflict could materially weaken Thailand's economic outlook while amplifying fiscal and financial risks.

BUSINESS

Bangkok Life takes more defensive approach

Business, Nuntawun Polkuamdee, Published on 31/03/2026

» Bangkok Life Assurance (BLA) is reassessing its business outlook and adopting a more defensive strategy to navigate rising uncertainty as escalating tensions in the Middle East are beginning to ripple through the global economy and Thailand's financial sector.

BUSINESS

Stock selloff builds as Iran war widens, oil gains

Published on 30/03/2026

» Stocks sold off and crude oil climbed as tensions in the Middle East intensified, with Iran-backed Houthi forces entering the conflict and an expanded US military presence raising concerns about a prolonged confrontation.

SUSTAINABILITY

Profit with a purpose

Business, Nuntawun Polkuamdee, Published on 30/03/2026

» For decades, success in Thailand's corporate sector was measured largely by a single benchmark: profit. Today, the metrics are evolving as the global economic landscape changes.

BUSINESS

Energy wake-up call

Business, Published on 30/03/2026

» Business leaders are calling for the government to study long-term energy security strategies to reduce reliance on imported energy and expand access to renewable sources in the wake of the ongoing crisis stemming from war in the Middle East.

LIFE

Disney ends OpenAI tie-up after Sora shutdown

Life, Published on 29/03/2026

» Disney has ended its partnership with OpenAI following the decision to discontinue Sora, a popular AI video-generation application, marking a sudden shift in strategy for both firms.

BUSINESS

Thailand mulls windfall tax on oil refineries

Business, Wichit Chantanusornsiri, Published on 28/03/2026

» The Fiscal Policy Office (FPO) has acknowledged it is studying the feasibility of introducing a windfall tax on refinery businesses in Thailand.

OPINION

Iran war exposes Thai energy fragility

News, Published on 28/03/2026

» The ongoing war in the Middle East is exposing a critical vulnerability in Thailand's energy system -- its heavy dependence on imported liquefied natural gas (LNG).