Showing 1 - 10 of 23
Allianz says risk profile not dented by quake
Nareerat Wiriyapong, Published on 02/04/2025
» Thailand’s risk profile for natural disasters has not changed following the March 28 earthquake, but the tremor raised awareness among consumers and companies about adequate protection to keep insurance premiums affordable, says the Thai unit of German insurer Allianz.
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.
Analysts see data centre investment revving up
Business, Nareerat Wiriyapong, Published on 03/10/2024
» New data centre investments in Thailand could accelerate over the next 3-5 years as global data usage is surging, with the electronics, industrial estate, contractor, and power plant sectors set to be the major beneficiaries, say analysts.
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
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.
Hungary keen to develop bilateral trade ties
Business, Nareerat Wiriyapong, Published on 22/03/2024
» Hungary is looking forward to developing deeper bilateral ties with Thailand in terms of trade, investment and tourism, partly to support the Central European nation's goal of 4% economic growth this year, says Minister of Foreign Affairs and Trade Péter Szijjártó.
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.
Bourse touts promising trio
Business, Nareerat Wiriyapong, Published on 07/02/2024
» Healthcare, tourism and food stocks still hold great potential for investors and for the Stock Exchange of Thailand (SET) to woo other companies operating in these sectors to list on the bourse, although the overall index has yet to fully recover from a significant drop last year, according to SET executives.
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.
Local stocks surge amid renewed political optimism
Business, Nareerat Wiriyapong, Published on 23/08/2023
» The Stock Exchange of Thailand (SET) posted a significant gain yesterday, with investors seemingly convinced that the political impasse is coming to an end after the country's 30th prime minister was elected, with economic stimulus measures expected for the rest of this year.