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GENERAL

SCG preps green transformation

Business, Lamonphet Apisitniran, Published on 18/09/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, plans to allocate 200 billion baht to develop its businesses between 2025 and 2030, in a bid to make them more eco-friendly and competitive.

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GENERAL

WHAUP prepares for energy demand spike

Business, Lamonphet Apisitniran, Published on 16/09/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, is planning to spend 2.3 billion baht to support its business and serve growing demand for water and clean electricity in Thailand and Vietnam.

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MOTORING

Thrilling AMG coupés up the ante

Lamonphet Apisitniran, Published on 14/09/2024

» While getting ready for a test drive might take half a minute or so, the Mercedes-AMG CLE 53 can catapult the driver from 0-100 kilometres per hour in just 4.2sec.

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GENERAL

New B20bn industrial fund to prioritise SMEs

Lamonphet Apisitniran, Published on 11/09/2024

» Newly appointed Industry Minister Akanat Promphan plans to set up an Industrial Reform Fund worth at least 20 billion baht to help manufacturers, especially small and medium-sized enterprises (SMEs), better deal with liquidity and improve their competitiveness.

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GENERAL

New airport facility aims to create regional logistics hub

Business, Lamonphet Apisitniran, Published on 06/09/2024

» Airports of Thailand Ground Aviation Services (AOTGA) expects its newly opened Multimodal Transportation Centre at Suvarnabhumi Airport to help make Thailand a regional logistics hub, facilitating goods transportation among CLMV countries.

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GENERAL

IEAT sees record land sales

Business, Lamonphet Apisitniran, Published on 03/09/2024

» The Industrial Estate Authority of Thailand (IEAT) is set to see its industrial land sales reach a new high of more than 6,000 rai for the second consecutive year, due partly to the state policy to boost investment, especially in the electric vehicle (EV) segment.

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GENERAL

Olympics, exports drive uptick in July manufacturing

Business, Lamonphet Apisitniran, Published on 31/08/2024

» Thailand's Manufacturing Production Index (MPI) in July increased by 1.7% year-on-year to 96.7 points, driven by various factors including the 2024 Olympics and growing exports, says the Office of Industrial Economics (OIE).

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GENERAL

Hyundai allocates B1bn for electric vehicle expansion

Business, Lamonphet Apisitniran, Published on 29/08/2024

» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, is preparing to expand its electric vehicle business in the country within September under a 1-billion-baht investment in a move to compete with other EV manufacturers.

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MOTORING

Changan to open Thai EV factory next March

Lamonphet Apisitniran, Published on 22/08/2024

» Changan Automobile’s first electric vehicle (EV) manufacturing plant in Southeast Asia is set to open in Thailand in the first quarter of next year, with a total investment budget exceeding 10 billion baht.

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MOTORING

New calculation seen likely to boost MPI

Business, Lamonphet Apisitniran, Published on 01/08/2024

» The Manufacturing Production Index (MPI) is expected to increase in the second half of this year if four growing industries -- solar panels, solid state technology, smart electronics and electric vehicles -- are included in the MPI calculation, says the Office of Industrial Economics (OIE).