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BUSINESS

EEC civilian law hits another snag

Business, Lamonphet Apisitniran, Published on 22/11/2017

» The implementation of the first civilian law for the government's flagship investment area, the Eastern Economic Corridor (EEC), is expected to be delayed another month because the vetting process is taking longer than expected, says Veerapong Chaiperm, the governor of the Industrial Estate Authority of Thailand (IEAT).

BUSINESS

SCG Chemicals to spend B60m on CSR for 2017

Business, Lamonphet Apisitniran, Published on 20/11/2017

» SCG Chemicals, the petrochemical arm of industrial conglomerate Siam Cement Group (SCG), has again set aside a budget for corporate social responsibility (CSR), aimed at winning over local communities and leading to more sustainable revenue growth.

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WORLD

Innovation, tech seen as twin engines

News, Lamonphet Apisitniran, Published on 17/11/2017

» Asean is a growing strategic investment region with a combined GDP of US$2.6 trillion but members must focus on technology and innovation to keep the momentum going, Industry Minister Uttama Savanayana said Thursday.

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BUSINESS

G Steel files bankruptcy plan, is upbeat

Business, Lamonphet Apisitniran, Published on 16/11/2017

» A better economic outlook next year amid rising demand for steel from construction projects following massive infrastructure investment is expected to push steel prices higher and allow debt-ridden G Steel Plc, a SET-listed maker of hot-rolled coil, to improve its performance, says the company's chief executive Somsak Leesawadtrakul.

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BUSINESS

Kanit: Boeing deal for EEC imminent

Business, Lamonphet Apisitniran, Published on 13/11/2017

» Talks with Boeing Co about its plan to invest in an aviation training centre for the Asean region in the Eastern Economic Corridor are expected to conclude this month, according to EEC Office secretary general Kanit Sangsubhan.

BUSINESS

Panel says 2018 growth could hit 4%

Business, Lamonphet Apisitniran, Published on 08/11/2017

» The private sector expects Thailand's economic recovery to continue, with growth of 3.5-4% in 2018 and private investment playing a large role as the stronger global economy boosts exports, according to a key panel.

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BUSINESS

Arbitration begins with miner

Business, Lamonphet Apisitniran, Published on 04/11/2017

» Australia-based Kingsgate has entered the arbitration process against Thailand under the Thailand-Australia Free Trade Agreement (Tafta), as the two sides failed to reach any solution after the company was ordered by the Thai government to completely cease mining operations last January.

BUSINESS

Plans afoot to revive SEZs as complement to EEC

Business, Lamonphet Apisitniran, Published on 03/11/2017

» The government plans to revive its special economic zones (SEZs) project to revive the local economy along with the Eastern Economic Corridor (EEC), which is designed to be a key engine to support the national economy, says Industry Minister Uttama Savanayana.

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BUSINESS

SCG profit sapped by higher chemical prices

Business, Lamonphet Apisitniran, Published on 02/11/2017

» SET-listed Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, posted a smaller profit in the first nine months this year, largely because of higher petrochemical product prices, while demand remained weak, says president and chief executive Roongrote Rangsiyopash.

BUSINESS

Tata downbeat on Thai steel demand this year

Business, Lamonphet Apisitniran, Published on 01/11/2017

» SET-listed Tata Steel (Thailand) Plc (TSTH), the Thai unit of India's largest steelmaker, expects Thai steel demand to drop by 5.2% to 18 million tonnes this year because of slow disbursement of the government's massive investment in infrastructure projects, says chief executive Rajiv Mangal.