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Search Result for “announcement”

Showing 1 - 10 of 32

BUSINESS

Eastern Economic Corridor counts on U-Tapao, Aerotropolis progress

Business, Lamonphet Apisitniran, Published on 24/03/2026

» The Eastern Economic Corridor (EEC) is expected to attract a fresh wave of investment this year, following renewed progress in the long-delayed U-Tapao Airport and Eastern Aerotropolis development project, according to the EEC Office.

BUSINESS

Car exports decline by 6% in January

Lamonphet Apisitniran, Published on 25/02/2026

» Thailand's car exports fell in January, dropping 6% year-on-year to 58,405 units -- the lowest level since May 2022 -- which was attributed to stricter environmental regulations and currency fluctuations, says the Federation of Thai Industries (FTI).

BUSINESS

Banpu acquires Bedrock for $370m

Business, Lamonphet Apisitniran, Published on 01/10/2025

» Energy conglomerate Banpu Plc has acquired Bedrock Production Llc, which owns upstream and midstream assets in the Barnett Shale in Texas, in the US. The transaction is valued at US$370 million or roughly 12 billion baht.

BUSINESS

Egco seeks 4-5 fresh acquisitions in second half

Business, Lamonphet Apisitniran, Published on 07/07/2025

» SET-listed Electricity Generating (Egco), the power generation arm of Electricity Generating Authority of Thailand, continues to expand its business overseas with investment in a Taiwanese wind farm as it seeks to clinch an additional 4-5 merger and acquisition deals in the second half of this year.

BUSINESS

Steel manufacturers merge to survive

Business, Lamonphet Apisitniran, Published on 28/05/2025

» Two local steel manufacturers -- Thai Coated Steel Sheet Ltd (TCS) and Thai Cold Rolled Steel Sheet Plc (TCRSS) -- have decided to merge to survive the undulations of the steel market given major economic uncertainties as a result of Washington's trade policy.

BUSINESS

Thai auto output to dip below 1.4m

Business, Lamonphet Apisitniran, Published on 30/04/2025

» Thailand's total car manufacturing this year is likely to fall short of the industry's initial target of 1.5 million units due to the impact of Washington's tariff policy, says the Federation of Thai Industries (FTI).

BUSINESS

Braskem Siam announces major ethanol acquisition

Business, Lamonphet Apisitniran, Published on 07/04/2025

» Bio-based plastics producer Braskem Siam is planning to buy ethanol from Mitr Phol Bio Fuel to produce bio-ethylene, becoming the first factory in Asia to supply this environmentally friendly product to support global efforts to reduce carbon dioxide emissions.

BUSINESS

Sunwoda allots B50bn for Chon Buri plants

Business, Lamonphet Apisitniran, Published on 14/03/2025

» Chinese battery cell maker Sunwoda Automotive Energy Technology (Thailand) is building two new factories in Thailand, aiming to benefit from the growing electric vehicle (EV) industry here to use the country as its new export base, says the Board of Investment (BoI).

BUSINESS

Hyundai unit may adjust output post-2026

Business, Lamonphet Apisitniran, Published on 27/09/2024

» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, plans to produce 5,000 battery electric vehicles (BEVs) a year at its plant in Samut Prakan in 2026, but may need to adjust future volume as domestic car sales sag.

BUSINESS

Incubation centre to bring small firms up to date

Business, Lamonphet Apisitniran, Published on 20/09/2024

» Industry Minister Akanat Promphan vows to improve the technological know-how of small and medium-sized enterprises through the establishment of the I-EA-T Incubation Centre for SMEs in Bangkok.