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BUSINESS

BoI posts 77% rise in value

Business, Lamonphet Apisitniran, Published on 23/05/2023

» The value of investment in Thailand soared by 77% year-on-year to 185.7 billion baht from 397 project proposals between January and March, with South Korea being the top foreign investor in terms of value in the first quarter, says the Board of Investment (BoI).

BUSINESS

IEAT expects uptick in H2

Business, Lamonphet Apisitniran, Published on 23/05/2023

» Foreign investment prospects are expected to remain good this year, although business people have delayed their investments pending the establishment of a new government, according to the Industrial Estate Authority of Thailand (IEAT) and key business leaders.

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BUSINESS

Vimut Hospital keen to serve the elderly

Business, Lamonphet Apisitniran, Published on 19/05/2023

» Privately-run Vimut Hospital aims to expand its medical services to cover more complex diseases to serve the elderly after seeing its revenue soar by 69% year-on-year to 412 million baht in the first quarter this year.

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BUSINESS

Poll victors to get policy wish list

Business, Lamonphet Apisitniran, Published on 17/05/2023

» The Federation of Thai Industries (FTI) plans to submit a "position paper" detailing the economic policies preferred by businesses to a new government once it is successfully formed.

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BUSINESS

BCPG eyes Indonesian nickel investments

Business, Lamonphet Apisitniran, Published on 15/05/2023

» SET-listed BCPG, the power generation arm of energy conglomerate Bangchak Corporation, is looking for a new investment opportunity in Indonesia related to nickel, a key raw material for making electric vehicle (EV) batteries.

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BUSINESS

Board of Investment to invite Korean executives to capitalise on opportunities

Business, Lamonphet Apisitniran, Published on 12/05/2023

» The Board of Investment (BoI) is preparing to organise a roadshow in South Korea to bolster foreign investment in Thailand, part of its five-year investment promotion strategy.

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BUSINESS

SCG Cement unit upbeat on growth in 2023

Business, Lamonphet Apisitniran, Published on 06/05/2023

» Construction materials producer SCG Cement-Building Materials expects cement consumption this year to grow by 1-2% year-on-year to more than 30 million tonnes, mainly attributed to the tourism recovery.

BUSINESS

Private sector highlights six-pronged strategy

Business, Lamonphet Apisitniran, Published on 05/05/2023

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) wants political parties competing in the general election to pay heed to its six-pronged strategy it believes should play a vital role in driving the economy over the next four years.

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BUSINESS

Industry urges drought measures

Business, Lamonphet Apisitniran, Published on 04/05/2023

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to brace for drought and possible water shortages that will affect businesses, causing them to increase the prices of goods again.

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BUSINESS

Investment in factories creates 30,000 jobs in H1

Business, Lamonphet Apisitniran, Published on 03/05/2023

» Thailand built or expanded 1,211 factories during the first half of fiscal 2023 with an investment value of 113 billion baht, generating more than 30,000 jobs, according to the Industry Ministry.