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Search Result for “$3 million”

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BUSINESS

Mitsubishi applies for BoI's frozen EV programme

Business, Piyachart Maikaew, Published on 05/06/2018

» Japan's Mitsubishi Motors Corporation (MMC) is the eighth car manufacturer to join the Board of Investment's (BoI) electric vehicle (EV) scheme, even though the BoI has frozen applications after awarding only one permit to Toyota since mid-2017.

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BUSINESS

Thailand's in the running for races

Business, Piyachart Maikaew, Published on 04/06/2018

» Thailand has hosted more than 2,000 races in the past three years. Thai running societies now count 116,200 members on Facebook. But Thai runners know there's room for improvement to attract more foreign runners.

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BUSINESS

Toto aims to clean up with new B1bn plant

Business, Piyachart Maikaew, Published on 25/05/2018

» Toto Ltd, a Japanese sanitaryware manufacturer, has announced an investment of ¥3.7 billion (1.073 billion baht) for a third plant in Saraburi province to produce electronic toilet seats with bidet functions.

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BUSINESS

Toyota rosy on battery shortage

Business, Piyachart Maikaew, Published on 23/05/2018

» Japan-based Toyota Motor Thailand is retaining its optimistic outlook for sales of the C-HR sport utility vehicle (SUV) to reach 20,000 units this year, even though the local plant is facing a supply shortage of hybrid model batteries.

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BUSINESS

Isuzu moves test course to suburb

Business, Piyachart Maikaew, Published on 10/05/2018

» Tri Petch Isuzu Sales Co, the local distributor of Isuzu trucks, has relocated its test course for four-wheel-drive (4WD) models, moving from Chon Buri to Pathum Thani at a cost of 150 million baht.

BUSINESS

Businesses ask FAP to reconsider IFRS9 debut

Business, Piyachart Maikaew, Published on 08/05/2018

» Business operators have asked the Federation of Accounting Professions (FAP) to postpone the effective deadline to submit statements in accordance with International Financial Reporting Standard 9 (IFRS9) to early 2022, saying industries across the economy have yet to conduct studies on the measures' impact.

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BUSINESS

AP Honda stays positive despite languid Q1 sales

Business, Piyachart Maikaew, Published on 03/05/2018

» AP Honda, a local distributor of Japanese motorcycles, is still optimistic about its sales outlook in 2018 of 1.48 million units, up 3.9%, although sales in the first quarter fared worse than expected.

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BUSINESS

TSE doubts renewables viable

Business, Piyachart Maikaew, Published on 27/04/2018

» Thai Solar Energy Plc (TSE), an MAI-listed subsidiary of Channel 3, says the potential for renewable power plants in Thailand has become unfavourable after energy policymakers have put off plans to buy power generated from renewables for five years.

BUSINESS

FTI bullish on automotive exports hitting 1 trillion baht

Business, Piyachart Maikaew, Published on 26/04/2018

» The Federation of Thai Industries (FTI) is confident that the export value for the automotive industry will hit 1 trillion baht in 2018 for the first time after healthy shipments in the first quarter.

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BUSINESS

Sugar high in store for KTIS with 26.4% surge in cane

Business, Piyachart Maikaew, Published on 25/04/2018

» SET-listed Kaset Thai International Sugar Corporation Plc (KTIS) forecasts sugar production to rise this year, expecting to finish its 2017-18 sugar-crushing season in May with 11 million tonnes of sugar cane, a 26.4% rise from the 2016-17 period.