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Search Result for “construction”

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GENERAL

Environmental plan for eastern corridor gets nod

Phusadee Arunmas, Published on 10/06/2024

» The Eastern Economic Corridor (EEC) board has approved the environment management plan for the government's flagship industrial project, which was drafted by the Ministry of Natural Resources and Environment to limit its impact on local communities and the environment.

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GENERAL

Concerns over decline in steel consumption

Business, Lamonphet Apisitniran, Published on 07/06/2024

» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).

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GENERAL

Cabinet okays low season stimulus

Business, Published on 05/06/2024

» The cabinet on Tuesday approved measures to stimulate tourism in secondary cities during the low season.

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GENERAL

OneWeb preps broadband internet service

Business, Komsan Tortermvasana, Published on 04/06/2024

» Broadband internet services offered by low Earth orbit (LEO) satellite company OneWeb are expected to be launched locally by the fourth quarter this year.

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GENERAL

Economy in need of revival

Business, Published on 03/06/2024

» Following a disappointing GDP expansion reading of only 1.5% in the first quarter, trailing other economies in the region, the Thai government plans to pick up the pace to stimulate economic growth.

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GENERAL

Vietnamese EV maker may delay $4bn US plant

Published on 29/05/2024

» The Vietnamese electric car maker VinFast is looking at further delaying a planned $4-billion factory in North Carolina, a person briefed on the matter says, as the loss-making company struggles to gain favour with US consumers.

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GENERAL

Ratch set to acquire new power generation assets

Business, Yuthana Praiwan, Published on 29/05/2024

» SET-listed Ratch Group, a power generation arm of the Electricity Generating Authority of Thailand, expects to soon finalise six new deals to acquire power generation assets with a combined capacity of 550 megawatts in Thailand and overseas, under a plan to increase renewable energy.

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GENERAL

Call for action on real estate loans

Business, Wichit Chantanusornsiri, Published on 28/05/2024

» The National Economic and Social Development Council (NESDC), the state planning unit, has urged financial institutions to adopt proactive policies in restructuring real estate loans following a sharp rise in the rate of non-performing loans (NPLs) for this type of credit.

GENERAL

Operators vie with inflation, high interest rates

Business, Molpasorn Shoowong, Published on 27/05/2024

» Despite an upbeat projection for the Thai tourism industry, some businesses are struggling with high inflation and elevated interest rates, which require government action to remedy, according to Onyx Hospitality Group.

GENERAL

KKP transitions to sustainable finance

Business, Somruedi Banchongduang, Published on 25/05/2024

» Kiatnakin Phatra Financial Group (KKP), the holding company of Kiatnakin Bank, is offering sustainable financial services with a focus on the real estate sector, providing green loans to both commercial and individual customers.