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Search Result for “2.8”

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BUSINESS

MPI plunges by 8% in April

Business, Lamonphet Apisitniran, Published on 01/06/2023

» Thailand's Manufacturing Production Index (MPI) is expected to be tepid this year, with growth of 0-1% because of a combination of business obstacles domestically and overseas, as the April reading was the lowest in 34 months.

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BUSINESS

SCG Cement unit upbeat on growth in 2023

Business, Lamonphet Apisitniran, Published on 06/05/2023

» Construction materials producer SCG Cement-Building Materials expects cement consumption this year to grow by 1-2% year-on-year to more than 30 million tonnes, mainly attributed to the tourism recovery.

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NEWS

Car sales expected to grow between April and May

Business, Lamonphet Apisitniran, Published on 03/05/2023

» Domestic car sales are expected to increase between April and May as automakers deliver cars to customers following enthusiastic bookings at the Bangkok International Motor Show, says Toyota Motor Thailand.

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BUSINESS

FTI forecasts production to reach 2m

Business, Lamonphet Apisitniran, Published on 26/04/2023

» The Federation of Thai Industries (FTI) expects car manufacturing in Thailand to reach 2 million cars this year, close to the level recorded prior to the Covid-19 pandemic, despite concerns over the impact of costly electricity bills and banking problems overseas.

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BUSINESS

Sugar enjoying a boost in popularity

Business, Lamonphet Apisitniran, Published on 14/04/2023

» The hot season and recovery of the tourism sector are increasing demand for sugar as people buy more food and beverages.

BUSINESS

BoI targets Chinese investors

Business, Lamonphet Apisitniran, Published on 11/04/2023

» The Board of Investment (BoI) is pushing ahead with a plan to lure foreign funds, with its recent roadshow in China targeting those in the electric vehicle (EV) and electronic businesses.

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BUSINESS

Sugar cane output below expectations

Business, Lamonphet Apisitniran, Published on 11/04/2023

» Sugar cane output is lower than forecast for this crop year, with an increase of just 1.9% to 93.8 million tonnes due to drought and more farmers switching to cultivating cassava, says the Office of the Cane and Sugar Board (OCSB).

BUSINESS

Borneo Technical upbeat on revenue outlook this year

Business, Lamonphet Apisitniran, Published on 21/03/2023

» Borneo Technical (Thailand), an importer and distributor of industrial and automotive products, aims to benefit from the entry of more Chinese electric vehicle (EV) makers into Thailand, increasing revenue by 10-15% this year to 3.5 billion baht.

BUSINESS

Sentiment gains on higher orders of goods, spending

Business, Lamonphet Apisitniran, Published on 16/03/2023

» The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued.

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BUSINESS

Indorama Ventures sees its revenue rising by up to 10%

Business, Lamonphet Apisitniran, Published on 07/03/2023

» Thailand-based chemical producer Indorama Ventures Plc (IVL) expects its revenue to rise by 5-10% in fiscal 2023, driven by growing demand, despite the prospects of a global recession.