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BUSINESS

Audi distributor affirms Thailand commitment

Business, Piyachart Maikaew, Published on 11/09/2018

» Meister Technik, an authorised importer and distributor of German luxury cars, says Audi is committing to a network expansion plan to cover all regions of Thailand by 2019.

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BUSINESS

Chevrolet puts focus on customer service

Business, Piyachart Maikaew, Published on 27/06/2018

» Chevrolet Sales Thailand, a local distribution arm of US-based General Motors (GM), has set up a new local business network to provide services and spare parts (2S) centres, expecting customer confidence to bounce back here.

BUSINESS

Siam Motors shifts to property

Business, Piyachart Maikaew, Published on 14/06/2018

» Siam Motors Group, owned by the Phornprapha family, plans to focus on property development and move away from its core automotive business.

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BUSINESS

Bosch bullish on car sector as EEC rounds into form

Business, Piyachart Maikaew, Published on 06/06/2018

» The Thai unit of German car parts maker and industrial services firm Robert Bosch Ltd is optimistic that Thailand's healthy economic growth will spur further development of the local automotive industry.

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BUSINESS

Sa Kaeo SEZ set for December

Business, Piyachart Maikaew, Published on 21/05/2018

» Sa Kaeo Industrial Estate is poised to become the first project to commence under the government's special economic zone (SEZ) initiative, with operations expected to start in December, says the Industrial Estate Authority of Thailand (IEAT).

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BUSINESS

FTI seeks clarity for renewables

Business, Piyachart Maikaew, Published on 11/05/2018

» The Federation of Thai Industries (FTI) has demanded a clear policy framework for purchasing renewable power, stressing that the feed-in tariff (FiT) rate should stay above 3 baht per kilowatt-hour (kWh), not 2.44 baht as the Energy Ministry requires.

BUSINESS

Flash Express to wade into red ocean for shipments

Business, Piyachart Maikaew, Published on 09/05/2018

» Flash Express Co, a Thai-Chinese logistics provider, has taken the first step towards providing express parcel delivery in Thailand and Asean with an investment of 2.5 billion baht scheduled for 2018-2022. The move comes as the logistics and shipment industry has become a red ocean for new operators.

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BUSINESS

TSE doubts renewables viable

Business, Piyachart Maikaew, Published on 27/04/2018

» Thai Solar Energy Plc (TSE), an MAI-listed subsidiary of Channel 3, says the potential for renewable power plants in Thailand has become unfavourable after energy policymakers have put off plans to buy power generated from renewables for five years.

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BUSINESS

Sugar high in store for KTIS with 26.4% surge in cane

Business, Piyachart Maikaew, Published on 25/04/2018

» SET-listed Kaset Thai International Sugar Corporation Plc (KTIS) forecasts sugar production to rise this year, expecting to finish its 2017-18 sugar-crushing season in May with 11 million tonnes of sugar cane, a 26.4% rise from the 2016-17 period.

BUSINESS

ASAP upbeat on 2018 car rental growth

Business, Piyachart Maikaew, Published on 06/03/2018

» SET-listed car rental firm Synergetic Auto Performance Plc (ASAP) is optimistic about 2018 revenue, forecasting 30% growth to 2.75 billion baht, as the Thai economy and car market pick up.