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Search Result for “plan”

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Gold traders eye $2,500 this year amid frenzied buying

Business, Nareerat Wiriyapong, Published on 07/05/2024

» Local gold traders say global prices remain on course to reach US$2,500 per ounce in the second half of 2024, after slipping below $2,300 recently, although the market lowered expectations for US interest rate cuts to a maximum of two times this year, down from 3-4 earlier.

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Indorama allots $1.89bn capex for 3 years

Business, Nareerat Wiriyapong, Published on 19/04/2024

» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.

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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.

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Delta forecasts double-digit revenue uptick next year

Business, Nareerat Wiriyapong, Published on 22/12/2023

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, targets double-digit revenue growth next year thanks to its manufacturing expansion and product diversification.