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GENERAL

Operator of Ohkajhu sees green with IPO

Business, Lamonphet Apisitniran, Published on 20/09/2024

» Pluk Phak Praw Rak Mae Co, which runs Ohkajhu organic restaurants, is preparing to sell 159 million shares to raise funds worth 1.06 billion baht under its initial public offering (IPO) scheme to build its food and beverage businesses.

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GENERAL

Manufacturers' confidence dips to 87.7 points in August

Business, Lamonphet Apisitniran, Published on 19/09/2024

» The Thai Industries Sentiment Index (TISI) fell to 87.7 points in August amid a stagnant economy, a strengthening baht and the impact of severe flooding in the North, says the Federation of Thai Industries (FTI).

GENERAL

EPG revenue on course to rise by 8%

Business, Lamonphet Apisitniran, Published on 04/09/2024

» Eastern Polymer Group Plc (EPG), a Thai plastic moulder, expects its revenue to grow by 8% year-on-year in fiscal 2025, driven by overseas sales, including the sale of high value-added products in the automotive industry.

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INVESTMENT

Board of Investment grants investment perks to Western Digital

Business, Lamonphet Apisitniran, Published on 27/08/2024

» The Board of Investment (BOI) has granted investment incentives to Western Digital Storage Technologies (Thailand), an American hard disk drive manufacturer which is expanding its business under a 23-billion-baht investment to benefit from the growing cloud and data centre industry.

GENERAL

FTI to help small herbal businesses up their game

Business, Lamonphet Apisitniran, Published on 20/08/2024

» Small and medium-sized herbal business operators will be given help to improve their products for export, following sluggish domestic sales due to weak consumer spending, which could lead to factory shutdowns, says the Herbal Industry Club of the Federation of Thai Industries (FTI).

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GENERAL

Motorcycle manufacturing output decline set to persist

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Thailand's motorcycle manufacturing output will continue to decelerate in the second half of this year amid the high level of household debt and the weak economy, says the Federation of Thai Industries (FTI).

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GENERAL

SCGD looks to Asean to boost revenue by 10%

Business, Lamonphet Apisitniran, Published on 25/07/2024

» SCG Décor (SCGD), a decor surface and bathroom business operator, expects its revenue to grow by 10% year-on-year to 30 billion baht, driven by more sales, including sales of green products, in the Asean market.

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GENERAL

Chinese EV makers urged to use locally sourced parts

Business, Lamonphet Apisitniran, Published on 23/07/2024

» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.

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MOTORING

Chinese EV makers urged to use parts made in Thailand

Lamonphet Apisitniran, Published on 22/07/2024

» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.

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MOTORING

Zeekr to launch EV range amid sales dip

Lamonphet Apisitniran, Published on 15/07/2024

» Domestic premium car sales plunged by 30% year-on-year during the first half amid the economic slowdown and intensifying competition, fuelled by more Chinese electric vehicles entering the Asian market as a result of the impact of the US-China trade war, says Zeekr Intelligent Technology, a Chinese EV maker under the Zeekr brand.