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Search Result for “construction”

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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

THG set to spend B1-1.5bn on three cancer centres

Business, Lamonphet Apisitniran, Published on 22/05/2024

» Thonburi Healthcare Group Plc (THG) plans to spend 1-1.5 billion baht building three cancer centres in Thailand, continuing the trend of specialist hospitals, while growing its hospital and healthcare businesses in Myanmar and Vietnam.

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GENERAL

SCG unit ups presence in Vietnam

Business, Lamonphet Apisitniran, Published on 14/05/2024

» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.

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GENERAL

Grim outlook for Thai steelmakers

Business, Lamonphet Apisitniran, Published on 07/05/2024

» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.

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GENERAL

Dumping of cheap steel irks Tata unit

Business, Lamonphet Apisitniran, Published on 01/05/2024

» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.

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GENERAL

Study on Land Bridge estate expected soon

Business, Lamonphet Apisitniran, Published on 26/04/2024

» A study on the construction of a new industrial estate to support the government's proposed Land Bridge project is expected to be completed in 3-4 months, says the Industrial Estate Authority of Thailand (IEAT).

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GENERAL

Taiwan's Somnics co-invests in factory

Business, Lamonphet Apisitniran, Published on 19/04/2024

» The government plan to develop Thailand as a medical hub in Southeast Asia has encouraged Thai and Taiwanese medical equipment companies to co-invest to build a new factory here, aiming to establish an export base for a variety of products, including those that improve sleep.

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MOTORING

Industrial Estate Authority touts new Smart Park

Business, Lamonphet Apisitniran, Published on 16/04/2024

» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).

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GENERAL

FTI wary of conflict's impact on border trade

Business, Lamonphet Apisitniran, Published on 11/04/2024

» Recent armed conflict in Myanmar is causing concern over a possible further decline in border trade near Tak's Mae Sot district and a spike in illegal workers from Myanmar in Thailand, says the Federation of Thai Industries (FTI).

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GENERAL

Construction boom to drive machinery sales

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

» Heavy machinery sales are expected to rise by 5% this year, driven by the growth of the construction sector, according to the latest estimate by Chinese manufacturer LiuGong Machinery.