Showing 1-10 of 12 results
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Indorama allots $1.89bn capex for 3 years
Business, Nareerat Wiriyapong, Published on 19/04/2024
» Indorama Ventures (IVL), one of the world's largest petrochemical producers, plans to invest US$1.89 billion (68 billion baht) over three years, noting a gradual recovery of the global petrochemical industry and asset optimisation should enable the company to return to its previous earnings peak by 2026.
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Italian-Thai Development upbeat on funds to wrap up projects
Business, Nareerat Wiriyapong, Published on 10/04/2024
» Cash-strapped Italian-Thai Development (ITD) is confident it will be granted additional financial support from banks to complete more than 100 ongoing construction projects, in addition to bidding for more projects from the now-active fiscal 2024 budget.
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Making sense of the uptick for Bitcoin
Business, Nareerat Wiriyapong, Published on 28/03/2024
» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.
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LGT hints BoT could cut rates soon
Business, Nareerat Wiriyapong, Published on 18/01/2024
» The Bank of Thailand may move before the US Federal Reserve to cut interest rates, with a Fed trim expected in June, as the Thai central bank aims to shore up the local economy, especially if the digital wallet policy is thwarted, says LGT Securities.
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Travel turmoil
Asia focus, Nareerat Wiriyapong, Published on 18/05/2020
» Famous for its resilience in the face of several crises in the past, the travel and tourism industry is now facing the toughest test it has ever encountered in the Covid-19 outbreak.
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Transforming Banpu
Asia focus, Nareerat Wiriyapong, Published on 14/08/2017
» By diversifying investments in CLMV countries (Cambodia, Laos, Myanmar and Vietnam) and expanding its renewable energy portfolio, Bangkok-based Banpu Plc aims to completely transform itself from a coal company to an integrated energy provider.
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Transforming Tatung
Asia focus, Nareerat Wiriyapong, Published on 27/03/2017
» As Tatung Co approaches its centennial year in 2018, it is undergoing a transformation under president Lin Kuo Wen-Yen, one of the most successful female executives in Taiwan, now under the leadership of its first female president, Tsai Ing-wen.
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Cyclical softness
Asia focus, Nareerat Wiriyapong, Published on 07/09/2015
» The sharp fall in global oil prices this year has begun to drag down petrochemical prices and spreads as demand slows in China while new capacity continues to arrive on the market, experts say.
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Troubled waters
Asia focus, Nareerat Wiriyapong, Published on 20/04/2015
» The shipping industry is supposed to be one of the beneficiaries of the collapse in global oil price as operators' costs have fallen. As well, the drop on oil prices has triggered a decline in commodity prices, which should stimulate demand for sea transport.
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Cheap-oil windfall
Asia focus, Nareerat Wiriyapong, Published on 26/01/2015
» Airlines, packaged food and shipping companies are the largest beneficiaries of plunging oil prices as fuel accounts for a significant part of their costs, while the automotive, building materials and chemical sectors will realise moderate gains, according to Moody's Investors Service.
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