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BUSINESS

Thailand claims No.2 rank for bioplastic production

Business, Lamonphet Apisitniran, Published on 24/02/2023

» Thailand is the world's second-largest producer of bioplastic products, serving growing demand overseas thanks to plenty of raw materials to drive manufacturing, says the Thai Bioplastics Industry Association (TBIA).

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BUSINESS

IEAT, PIN allot B2bn for expansion of complex

Business, Lamonphet Apisitniran, Published on 17/02/2023

» The Industrial Estate Authority of Thailand (IEAT) and industrial estate developer Pinthong Industrial Park Plc (PIN) will spend 2 billion baht expanding a PIN-run industrial complex in Chon Buri to support industries under the Eastern Economic Corridor (EEC) scheme.

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BUSINESS

Thailand essential to GWM's ambitious plans

Business, Lamonphet Apisitniran, Published on 18/02/2023

» Chinese sport utility vehicle manufacturer Great Wall Motor (GWM) is determined to expand its electric vehicle (EV) business in Asean, with Thailand and Indonesia selected as its top destinations.

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BUSINESS

FTI frets over China

Business, Lamonphet Apisitniran, Published on 21/02/2023

» The Federation of Thai Industries (FTI) is gripped with a fresh worry over the influx of inexpensive Chinese goods following China's reopening, though Beijing's policy is good for the tourism sector.

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BUSINESS

Schneider Electric unit eyes renewables

Business, Lamonphet Apisitniran, Published on 21/02/2023

» Schneider Electric Thailand is focusing on renewable energy, with more installations of rooftop solar panels at its factory in order to reduce expensive power bills and help the government effort to cut carbon dioxide emissions.

BUSINESS

Sentiment increases in January to 43-month high

Business, Lamonphet Apisitniran, Published on 16/02/2023

» The Thailand Industry Sentiment Index (TISI) rose to 93.9 points in January, the highest level in 43 months, up from 92.6 points in December last year as entrepreneurs benefited from the state "Shop Dee Mee Khuen" tax rebate, the tourism recovery and China's reopening.

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BUSINESS

Steel makers wary of Russian product dumping

Business, Lamonphet Apisitniran, Published on 17/02/2023

» Thai steel manufacturers are worried about an influx of cheap steel products from Russia into Thai and Asean markets, following sanctions on Moscow for its invasion of Ukraine.

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BUSINESS

Siemens unit bullish on outlook for CT scanners

Business, Lamonphet Apisitniran, Published on 09/02/2023

» Siemens Healthineers, a subsidiary of German multinational conglomerate Siemens, expects to add Thailand to a list of users of its latest computerised tomography (CT) scan technology, which promises better disease diagnosis at hospitals.

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BUSINESS

BoI banking on US roadshows

Business, Lamonphet Apisitniran, Published on 09/02/2023

» The Board of Investment (BoI) expects its latest roadshows in the US to draw more American businesses to invest in high-tech industries in Thailand, including those related to digital technology, under its five-year investment promotion strategy.

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BUSINESS

WHAUP targets B27bn revenue within 5 years

Business, Lamonphet Apisitniran, Published on 10/02/2023

» SET-listed WHA Utilities and Power (WHAUP), which provides utilities under WHA Corp, Thailand's biggest industrial land developer and operator, aims to achieve a revenue target of 27 billion baht within five years, driven by its growing water and energy businesses in Thailand and Vietnam.