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BUSINESS

BoI shifts focus to human resources

Business, Lamonphet Apisitniran, Published on 18/10/2017

» The Board of Investment (BoI) plans to offer new incentives to make Thailand remain in the spotlight for Asean investment, particularly the flagship area of the Eastern Economic Corridor (EEC), says newly appointed director-general Duangjai Asawachintachit.

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BUSINESS

From poppy fields to coffee plantations

Business, Lamonphet Apisitniran, Published on 20/10/2017

» Coffee was one of the alternative crops that the late King Bhumibol brought to the country's highlands to encourage villagers to stop growing opium and instead rely on other cash crops.

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BUSINESS

IEAT fights to keep a lid on floodwaters

Business, Lamonphet Apisitniran, Published on 20/10/2017

» The Industrial Estate of Thailand (IEAT) has tightened surveillance at locations across the country, particularly in low-lying areas of Ayutthaya province, to ensure protection from floods, says governor Veerapong Chaiperm.

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BUSINESS

PPP model for EEC nearly finished

Business, Lamonphet Apisitniran, Published on 21/10/2017

» The government is due to finalise the model and regulations for public-private partnerships (PPPs) in the Eastern Economic Corridor and submit them for approval to the EEC board, chaired by the prime minister, next month.

BUSINESS

Delta delays Bangalore plant

Business, Lamonphet Apisitniran, Published on 27/10/2017

» SET-listed Delta Electronics Thailand Plc, a producer and distributor of power management solutions and electronic components, has delayed the construction of its second factory in Bangalore for a year due to an inconclusive land acquisition process, says president Dick Hsieh.

BUSINESS

Tata downbeat on Thai steel demand this year

Business, Lamonphet Apisitniran, Published on 01/11/2017

» SET-listed Tata Steel (Thailand) Plc (TSTH), the Thai unit of India's largest steelmaker, expects Thai steel demand to drop by 5.2% to 18 million tonnes this year because of slow disbursement of the government's massive investment in infrastructure projects, says chief executive Rajiv Mangal.

BUSINESS

EEC boss calms fears over Section 44

Business, Lamonphet Apisitniran, Published on 01/11/2017

» The government says the latest invocation of Section 44 in areas of the Eastern Economic Corridor (EEC) is aimed only at accelerating city planning and will not affect environmental impact and health assessments (EHIA).

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BUSINESS

SCG profit sapped by higher chemical prices

Business, Lamonphet Apisitniran, Published on 02/11/2017

» SET-listed Siam Cement Group (SCG), Thailand's largest cement producer and industrial conglomerate, posted a smaller profit in the first nine months this year, largely because of higher petrochemical product prices, while demand remained weak, says president and chief executive Roongrote Rangsiyopash.

BUSINESS

Plans afoot to revive SEZs as complement to EEC

Business, Lamonphet Apisitniran, Published on 03/11/2017

» The government plans to revive its special economic zones (SEZs) project to revive the local economy along with the Eastern Economic Corridor (EEC), which is designed to be a key engine to support the national economy, says Industry Minister Uttama Savanayana.

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BUSINESS

Arbitration begins with miner

Business, Lamonphet Apisitniran, Published on 04/11/2017

» Australia-based Kingsgate has entered the arbitration process against Thailand under the Thailand-Australia Free Trade Agreement (Tafta), as the two sides failed to reach any solution after the company was ordered by the Thai government to completely cease mining operations last January.