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Search Result for “Rayong”

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BUSINESS

CPN displays new Centara Korat Hotel

Business, Pitsinee Jitpleecheep, Published on 14/09/2022

» Central Pattana (CPN), the SET-listed property and retail developer, opened Centara Korat Hotel on Tuesday, the first mixed-use project in the northeastern region.

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BUSINESS

Nationwide flooding slows tourism

Business, Narumon Kasemsuk, Published on 13/09/2022

» The impact of flooding in 21 provinces nationwide is expected to slow tourism in the third quarter and corporate travel in particular, while pent-up demand from delayed trips might cause congestion in the final quarter.

BUSINESS

Dusit eyes major food business expansion

Business, Narumon Kasemsuk, Published on 10/09/2022

» Dusit Thani Plc aims to increase its food business revenue to 2.5 billion baht by 2027, raising its contribution to total revenue to 25-30%.

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BUSINESS

BOI hands Investment Promotion Certificate to BYD

Published on 09/09/2022

» Mr. Narucha Ruchuphan, Senior Executive Investment Advisor, Thailand Board of Investment (BOI), handed to Mr. Prawit Vijittanakul, Commercial Manager of BYD Auto (Thailand) Co., Ltd., as the company’s representative, the Investment Promotion Certificate for BYD’s 17.9 billion baht (ca. US$490 million) investment in a ‘new energy’ passenger vehicle plant in Rayong province, on 8 September 2022. The investment by the fully-owned unit of China’s BYD was approved by the BOI board in August under the incentive package to promote the manufacturing of electric vehicles (EV) and make Thailand the region’s EV supply chain hub.

BUSINESS

IRPC preparing to buy speciality polymer assets

Business, Yuthana Praiwan, Published on 09/09/2022

» IRPC, the petrochemical arm of national oil and gas conglomerate PTT Plc, is preparing to buy new assets in the speciality polymer manufacturing segment as it steps up efforts to earn more revenue from high-margin products.

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BUSINESS

China’s BYD signs land deal to build first EV plant in Thailand

Bloomberg News, Published on 08/09/2022

» Chinese electric-car maker BYD Co signed a land purchase deal Thursday with WHA Corp, Thailand’s largest industrial-estates developer, to build its first electric vehicle (EV) production plant in Southeast Asia.

BUSINESS

State allocates B1.56bn for water management

Business, Phusadee Arunmas, Published on 07/09/2022

» The cabinet on Tuesday approved 1.56 billion baht of spending for water management allocated from the central budget of fiscal 2022.

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BUSINESS

Daily minimum wage to rise by 5% from Oct 1

Published on 26/08/2022

» Thailand’s daily minimum wage, frozen since January 2020, is set to rise by an average of 5% from Oct 1 to help workers cope with inflation that is near a 14-year high.

BUSINESS

Transport Co touts prime sites for commercial use

News, Post Reporters, Published on 25/08/2022

» State-run Transport Co Ltd plans to let private companies rent out four of its properties in Bangkok and Chon Buri for commercial use.

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BUSINESS

OR acquires 25% stake in Dusit Foods

Business, Yuthana Praiwan, Published on 23/08/2022

» PTT Oil Business and Retail (OR) has acquired a 25% share in Dusit Foods, a subsidiary of Dusit Thani Plc, to further develop lifestyle-related businesses under its inclusive growth policy.