Showing 1 - 10 of 11
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.
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.
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.
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.
Politics could dim investment
Business, Nareerat Wiriyapong, Published on 11/08/2023
» Though Thailand remains an attractive destination for investments, political uncertainties and delays in forming a new government could lead to a loss of investor confidence and hesitation to commit capital here, says a Thai unit of the France-based global insurer Axa Group.
Bitkub seeks local partner for overseas expansion
Business, Nareerat Wiriyapong, Published on 26/11/2022
» Bangkok-based Bitkub Capital Group Holdings Co has been in talks with prospective local partners in Southeast Asia regarding plans to expand beyond Thailand next year, says founder and group chief executive Jirayut Srupsrisopa.
Steps to wellness
Asia focus, Nareerat Wiriyapong, Published on 13/06/2022
» It takes about 90 minutes for an eight-seater plane departing Suvarnabhumi International Airport to reach an airport on a small island in Trat province in eastern Thailand. Then all the guests of Soneva Kiri, a luxury resort operated by an award-winning sustainable resort operator, board a speedboat for the five-minute trip to their destination on the unspoiled island of Koh Kood.
Mastering the message
Asia focus, Nareerat Wiriyapong, Published on 08/02/2021
» The room where Michael Macdonald, chief digital officer of Huawei Technologies, works every day doesn't look like a typical executive office. Most of the large space is almost empty and without furniture, except for a plain desk with a large-screen PC on it and a microphone stand clamped to one corner.
In the driver's seat
Asia focus, Nareerat Wiriyapong, Published on 14/12/2020
» Ramesh Narasimhan has loved cars since he was young. The holder of an MBA from Australia's Monash University has turned his passion for cars into a successful career, and two decades on he still finds it fun to come to work every day.
Brand loyalty
Asia focus, Nareerat Wiriyapong, Published on 08/07/2019
» Having worked in the hospitality industry for 35 years and solely with Hilton, Paul Hutton has a lot of lasting memories of his time with one of the world's largest hotel chains, which celebrated its 100th anniversary on May 31. For a start, his three daughters are a constant reminder of his globetrotting career.