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Search Result for “energy costs”

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THAILAND

Making megabucks from trips to Mecca

Spectrum, Nanchanok Wongsamuth, Published on 15/05/2016

» Like all Muslims, Lukman Baik has been looking forward to the once-in-a-lifetime hajj pilgrimage. Despite being a mandatory religious duty provided one is physically and financially capable, Mr Lukman has been trying hard to save money for the trip. For the 35-year-old rubber farmer, doing so has been difficult, especially at a time when Thailand is struggling with falling rubber prices.

THAILAND

Rise of the rural middle class

Spectrum, Nanchanok Wongsamuth, Published on 10/08/2014

» Outside the Central department store in Ubon Ratchathani, a black Mercedes-Benz S-Class with yellow Lao licence plates drove from the car park. It was a Wednesday, but at weekends, a security guard told me, some 20% of the vehicles parked here are from Laos, many of which are European cars travelling to the northeastern province through Pakse or Mukdahan.

BUSINESS

Schneider pushes alternative sources

Business, Nanchanok Wongsamuth, Published on 21/02/2014

» Thailand's industrial sector will likely follow the Western trend of diversifying energy resources to mitigate rising costs, prompting French energy solution provider Schneider Electric Industries SA to look for opportunities to expand its presence here.

BUSINESS

New government urged to avoid populist policies

Business, Nanchanok Wongsamuth, Published on 20/02/2014

» The new government, once installed, is urged to rid itself of political influence in economic affairs, particularly populist policies.

BUSINESS

TTA expects healthy balance

Business, Nanchanok Wongsamuth, Published on 18/02/2014

» Thoresen Thai Agencies (TTA) expects its results to turn black this year after two years of net losses.

BUSINESS

Taiwan firm pours B1.1bn into Thailand

Business, Nanchanok Wongsamuth, Published on 06/01/2014

» Taiwan's Yeong Guan Energy Technology Group is investing 1.1 billion baht to set up a subsidiary in Thailand as part of its long-term goal to shift all its production to the country.

BUSINESS

SMEs upbeat on outlook for growth

Business, Nanchanok Wongsamuth, Published on 25/12/2013

» The gross domestic product (GDP) of small and medium-sized enterprises (SMEs) is expected to grow by more than 4% in 2014 on the back of an economic rebound, says the Office of Small and Medium Enterprise Promotion (Osmep).

BUSINESS

Cassava-based ethanol set to boom in 2014

Business, Nanchanok Wongsamuth, Published on 19/12/2013

» The amount of cassava used in producing ethanol will nearly double to 3 million tonnes next year, driven by Commerce Ministry moves to push up the price of the crop.

BUSINESS

TTA forecasts double-digit growth

Business, Nanchanok Wongsamuth, Published on 12/12/2013

» Thoresen Thai Agencies (TTA), the SET-listed shipping and energy group, expects double-digit revenue growth next year on signs of recovery in the shipping industry.

BUSINESS

TDRI: Tear down these trade walls

Business, Nanchanok Wongsamuth, Published on 21/11/2013

» Thailand should allow free trade in the energy, telecommunications and financial sectors to drive competition and lower costs for business operators, says the Thailand Development Research Institute (TDRI).