Showing 81 - 90 of 113
Farmers braced for B48bn crop damage
Business, Lamonphet Apisitniran, Published on 13/10/2023
» El Niño-induced drought is expected to cause 48 billion baht in damage to crop farming, especially rice, between this year and next, dealing a serious blow to Thai agriculture, says farm truck maker Siam Kubota Corporation (SKC).
Central Group to nurture Nakhon Phanom, Nong Khai
Business, Published on 11/10/2023
» Retail and property developer Central Pattana Plc (CPN), the operator of Central shopping centres nationwide, plans to invest 3 billion baht to develop the northeastern provinces of Nakhon Phanom and Nong Khai into secondary cities with great potential on par with megacities.
Ministry sets target of B1.2tn in cross-border trade in 2024
Business, Phusadee Arunmas, Published on 09/10/2023
» The Commerce Ministry set an ambitious goal to increase cross-border trade value to 1.2 trillion baht in the upcoming year, representing 20% growth from an estimated 1 trillion this year.
ThaiBev to allocate B7bn for domestic, overseas expansion
Business, Pitsinee Jitpleecheep, Published on 04/10/2023
» Thai Beverage (ThaiBev), the Singapore-listed Asean food and beverage company, looks set to spend 7 billion baht to expand its businesses both domestically and internationally in the current fiscal year, which began on Oct 1.
Seizures top $2bn in Singapore laundering scandal
Published on 03/10/2023
» SINGAPORE - Authorities in Singapore have seized or frozen assets worth more than S$2.8 billion (US$2 billion) in a major money laundering investigation, a senior official said on Tuesday, while signalling the government could tighten immigration rules to curb illicit inflows.
Prime Road looks to clean power
Business, Yuthana Praiwan, Published on 28/09/2023
» Growing concern over climate change is helping SET-listed Prime Road Power, an operator of solar farms and provider of solar panel installation services, expand its business, with the aim to increase clean power generation capacity to 1,800 megawatts across Asia within five years, says chairman and founder Somprasong Panjalak.
TPCH eyes overseas portfolio
Business, Yuthana Praiwan, Published on 28/09/2023
» SET-listed TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, is adjusting its investment portfolio by focusing more on overseas business expansion, with Laos picked as the first investment destination.
OR targets 10% growth in net profit
Business, Yuthana Praiwan, Published on 25/09/2023
» SET-listed PTT Oil and Retail Business (OR) wants to achieve 10% growth in net profit this year, though it needs to support the government's diesel price reduction policy by trimming the marketing margin of its diesel sales to below 2 baht a litre, says president and chief executive Disathat Panyarachun.
Narai to double portfolio in Asia-Pacific
Business, Molpasorn Shoowong, Published on 27/09/2023
» Narai Hospitality Group wants to double its portfolio to at least 26 hotels in Asia-Pacific within 3-5 years, with a diversified scale from budget to luxury driven by robust travel demand.
Grab a potential suitor for Foodpanda
Published on 20/09/2023
» BERLIN: The German owner of the Foodpanda delivery brand is in advanced talks on a partial sale of its Asia business, a German business magazine reported on Wednesday, saying Singapore-based Grab could be the buyer for a little over 1 billion euros.