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Search Result for “logistics”

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GENERAL

Siam Cement sees lower revenue growth in 2024

Business, Lamonphet Apisitniran, Published on 26/07/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, has decided to revise down its revenue growth target to 10% this year, down from 20% due to a raft of factors, including the domestic economic slowdown and sluggish sales in the petrochemical industry.

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INVESTMENT

Seeking new engines of growth

Wichit Chantanusornsiri, Published on 22/07/2024

» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.

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GENERAL

Department predicts rise in new business registrations

Business, Phusadee Arunmas, Published on 19/07/2024

» The Department of Business Development (DBD) expects new business registrations for 2024 to reach between 90,000 and 98,000, marking a 5-15% increase, attributed to the progress of the digital wallet handout policy, measures to attract foreign investment, namely the long-term resident visa scheme and corporate income tax exemption for foreign companies that conduct business here, as well as the use of investment budget following the disbursement of fiscal 2025 budget that began on April 26.

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THAILAND

Myanmar strife spurs Ranong Port uptick

News, Supoj Wancharoen, Published on 17/07/2024

» An increase in activity at Ranong Port because of Myanmar's move towards shipping export goods instead of using land routes due to its civil war will benefit the government's Land Bridge project, said Deputy Transport Minister Manaporn Charoensri.

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THAILAND

Narcotics Suppression Bureau vows to crush drug trade

News, Wassayos Ngamkham, Published on 17/07/2024

» The Narcotics Suppression Bureau (NSB) has asserted that it can accomplish Prime Minister Srettha Thavisin's ambition to eradicate drugs and trafficking in 25 of the country's worst-affected provinces in three months.

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INVESTMENT

Saudi event leads to 100 partnerships

Business, Lamonphet Apisitniran, Published on 16/07/2024

» The latest investment roadshow in Saudi Arabia has led to new opportunities as up to 100 pairs of Thai and Saudi entrepreneurs agreed to forge business partnerships, says the Board of Investment (BoI).

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OPINION

Long road ahead for EV industry

Editorial, Published on 14/07/2024

» The ongoing price wars and uncertainty surrounding insurance coverage for electric vehicles serve as reminders that Thailand's EV industry is still in a transitional stage. However, these challenges should not deter the nation from its path towards an electric future.

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THAILAND

Malaysia to Host CPHI South East Asia 2025

Published on 12/07/2024

» The Malaysian government aims to become a centre of excellence in the medical and devices industry by 2030 as part of the new Industrial Master Plan 2030 (NIMP 2030) designed to stimulate the economy, investments, and the manufacturing sector. “The medical and devices industry is expected to elevate Malaysia’s economy, create added value and job opportunities, improve inclusivity, and develop a new industry cluster,” said Chairman of the Malaysia External Trade Development Corporation (MATRADE), YB Dato’ Sri Reezal Merican Naina Merican.

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THAILAND

New route to help avoid conflict zone

News, Post Reporters, Published on 12/07/2024

» A cross-border maritime logistics route between Ranong in Thailand and Koh Song and Yangon in Myanmar was recently launched to avoid transportation difficulties from armed conflicts along land routes.

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THAILAND

Thai Pharmaceutical Industry Boosted at 'CPHI South East Asia 2024'

Published on 10/07/2024

» CPHI South East Asia 2024, a trade exhibition and conference platform for the pharmaceutical industry in Southeast Asia organised by Informa Markets, will be held in parallel with Medlab Asia & Asia Health 2024 from 10-12 July 2024 at the Queen Sirikit National Convention Center, Bangkok, Thailand.