Showing 1 - 10 of 31
Delta unfazed by latest tax regulations
Business, Nareerat Wiriyapong, Published on 10/01/2025
» Despite short-term challenges posed by new tax regulations, Delta Electronics (Thailand) is pressing ahead with annual capital investment of roughly US$300 million (10.4 billion baht) to expand capacity and enhance innovations for its Thai operations.
Bitcoin even more buoyant
Nareerat Wiriyapong, Published on 09/12/2024
» Bitcoin topped US$100,000 for the first time on Dec 5, jumping drastically from roughly $69,000 the day before the US presidential election about a month earlier.
Narongdej family fully backs Raimon Land's capital increase
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.
Maguro poised for aggressive expansion
Business, Nareerat Wiriyapong, Published on 03/08/2024
» Amid the growing popularity of Japanese food in Thailand, the MAGURO restaurant brand has managed to place itself in the minds of Thai diners, with aggressive expansion on the cards this year and next.
Delta bets on hot tech sectors
Business, Nareerat Wiriyapong, Published on 29/06/2024
» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.
Strong first quarter for listed companies
Business, Nareerat Wiriyapong, Published on 29/05/2024
» A rebound in tourist arrivals has supported listed companies on the Stock Exchange of Thailand (SET) as they reported sales growth of 4.6% year-on-year in the first quarter to 4.4 trillion baht (roughly US$129 billion), with net profit edging up 1.7% to 265 billion baht.
AIA posts new record of B24.9bn in value of new business
Business, Nareerat Wiriyapong, Published on 10/04/2024
» AIA Thailand, a subsidiary of the Hong Kong-based multinational insurer, has devised a new strategy and a healthcare product to offer protection to Thais aged up to 99 years, aiming to maintain its leading position in Thailand's life insurance industry and ensure strong future growth.
Delta lays out investment plans
Business, Nareerat Wiriyapong, Published on 13/03/2024
» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.
ITD shares plunge amid delays in debentures payment
Nareerat Wiriyapong, Published on 09/01/2024
» Shares of Italian-Thai Development (ITD) plunged by more than 12% on Monday as the contractor said it is planning to postpone for two years the payment of its five tranches of debentures worth a combined 14.5 billion baht.
Delta names chief executive
Business, Nareerat Wiriyapong, Published on 31/10/2023
» SET-listed Delta Electronics (Thailand), the country's largest electronic parts manufacturer by market capitalisation, has announced a major business restructuring and appointment of its first chief executive in response to the company's expansion in Southeast Asia and beyond.