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BUSINESS

BoI applications down 60%

Business, Nareerat Wiriyapong, Published on 11/03/2014

» Investment applications sent to the Board of Investment (BoI) fell by nearly 60% year-on-year in the first two months of 2014 as investors adopt a wait-and-see approach amid the country’s ongoing political impasse.

BUSINESS

CK focuses on Asean to reduce risks

Business, Nareerat Wiriyapong, Published on 20/03/2014

» Ch. Karnchang Plc (CK), Thailand’s largest contractor by market value, will focus more on searching for construction projects in neighbouring countries, particularly Myanmar, to mitigate risks from delays in the government’s 2-trillion-baht infrastructure plan.

BUSINESS

PTT ploughs $3.3bn into Myanmar

Business, Nareerat Wiriyapong, Published on 27/02/2014

» PTT Exploration and Production (PTTEP), Thailand’s only publicly-listed upstream petroleum company, is set to spend US$3.3 billion in Myanmar over the next five years.

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BUSINESS

SSI cuts losses, branches into strong global markets

Business, Nareerat Wiriyapong, Published on 03/03/2014

» Sahaviriya Steel Industries Plc (SSI), Asean’s largest fully integrated flat steel producer, saw its net loss reduced by half last year from 2012 on the back of an increase in sales, underlying solid global demand for steel.

BUSINESS

Geocycle sees growth recycling

Business, Nareerat Wiriyapong, Published on 24/02/2014

» Geocycle, a business unit of Siam City Cement Plc (SCCC), projects annual revenue growth will remain at 20-30% in the next three to five years on continuous investment to expand its operations and increasing awareness about waste management in Thailand.

BUSINESS

Chevrolet upshifts to Asean

Business, Nareerat Wiriyapong, Published on 15/01/2014

» While the growth potential of the Thai market is limited this year and next due to the influence of the first-time car buyer tax rebate, Detroit, Michigan-based General Motors (GM) is confident it can raise exports from Thailand in 2014 in the fast-growing Asean region.

BUSINESS

Queen of the motor city

Business, Nareerat Wiriyapong, Published on 22/01/2014

» The first female chief executive of General Motors (GM) has vowed to regain profitability in every market the US car maker operates by strengthening its global brands and continuing to invest in new products.

BUSINESS

GM values the gentle touch

Business, Nareerat Wiriyapong, Published on 11/02/2014

» When Mary Barra took the helm at General Motors (GM) last month as the first female chief executive of any global car company, it raised questions about whether women are ready to take a bigger role in this male-dominated industry.

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BUSINESS

New Zealand keen on Thai trade hub

Business, Nareerat Wiriyapong, Published on 20/11/2013

» Thailand's geographical advantages prompted New Zealand firms to consider expanding their presence to Southeast Asia using Thailand as a regional hub, says New Zealand Prime Minister John Key.

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BUSINESS

Indonesia opens chamber in Bangkok

Business, Nareerat Wiriyapong, Published on 27/11/2013

» Indonesian diplomats and business leaders vowed to foster trade and investment relations with Thailand in preparation for the Asean Economic Community (AEC), saying confidence remains high despite escalating political tension here.