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Search Result for “production”

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BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

THAILAND

“Let’s Green the Sugarcane” campaign drives impact through fresh cane to mills

Published on 01/04/2026

» Bangkok, March 25, 2026 — One of the key challenges during the production season of the sugarcane and sugar industry is ensuring that sugarcane cultivation goes hand in hand with environmental conservation. Harvesting fresh sugarcane during the harvest period is therefore a critical step that requires cooperation from all sectors. This effort is also a core mission of Mitr Phol Group, a global leader in sustainable food product industries, which remains committed to advancing its goal of creating a healthier and more sustainable environment. During the 2025/2026 crushing season, the company has promoted modern sugarcane farm management while maintaining continuous engagement with farmers through the “Let’s Green the Sugarcane” campaign, a mantra for a sustainable beginning. The campaign has received strong support from government policies and close collaboration with sugarcane farmers, resulting in up to 96% of fresh sugarcane delivered to the mills. At the same time, the initiative helps generate additional income for farmers through the sugarcane leaf purchasing program, now in its eighth consecutive year. The collected cane leaves are used as fuel for biomass power generation, contributing to the production of clean energy from Thailand’s agricultural sector.

THAILAND

Huawei Cloud rolls out MaaS in Thailand, boosting AI transformation

Published on 01/04/2026

» BANGKOK, March 31, 2026 – Huawei Cloud hosted Huawei Cloud Thailand AI Boost Day 2026 to showcase its vision for advancing the next generation of artificial intelligence (AI) through the introduction of Agentic AI—a new paradigm that redefines AI applications from passive response systems to intelligent agents capable of proactive planning and executing complex tasks. The event also featured the official launch of Model as a Service (MaaS) in Thailand. Huawei Cloud’s MaaS is designed to address key enterprise scenarios, including large language models, coding and multimodal applications.

LIFE

Eurovision Song Contest makes its Asian debut

Guru, Nianne-Lynn Hendricks, Published on 01/04/2026

» This is not an April Fool's Day joke. Bangkok has been announced as the host city of the inaugural Eurovision Song Contest Asia 2026.

BUSINESS

Selective strategies key amid energy price surge

Business, Nuntawun Polkuamdee, Published on 01/04/2026

» Thailand's equity market is bracing for renewed cost pressures as energy prices surge, echoing patterns seen during earlier stages of the Russia-Ukraine war, with analysts urging selective positioning amid rising inflation risks, says Bualuang Securities (BLS).

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

Thailand’s BL/GL industry expands globally through GagaOOLala partnerships

Published on 31/03/2026

» As a major contributor to the global market, Thailand Boys’ Love and Girls’ Love (BL/GL) content could further spread internationally through GagaOOLala, a global LGBTI and BL/GL streaming platform from Taiwan.

THAILAND

Three-phase fuel crisis contingency plan announced

Online Reporters, Published on 31/03/2026

» The government has announced a three-phase contingency plan to cope with a potential full-scale energy crisis, including fuel rationing and limited operating hours for petrol stations and shopping malls, should the war in the Middle East lead to the closure of two crucial maritime chokepoints.

BUSINESS

Thai private investment stabilises despite global risks

Business, Wichit Chantanusornsiri, Published on 31/03/2026

» The Fiscal Policy Office (FPO) remains concerned that the war in the Middle East and volatility in the baht exchange rate could adversely affect the Thai economy, despite imports of capital goods rising by nearly 44% in February compared with the same period last year, reflecting continued expansion in private sector investment.

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.