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GENERAL

SCG tracking events in the Middle East

Business, Lamonphet Apisitniran, Published on 26/04/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its energy and operating costs as well as expenses for raw materials to increase if conflicts in the Middle East escalate.

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GENERAL

SCGP takes measures to reduce risk

Business, Lamonphet Apisitniran, Published on 24/04/2024

» SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, is concerned about the effects of geopolitical conflicts, especially in the Middle East, on energy prices, including oil and coal.

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MOTORING

China's Chery lands BOI perks for Rayong EV plant

Lamonphet Apisitniran, Published on 23/04/2024

» Thailand continues to attract investment in its electric vehicle (EV) industry, with Chery Automobile being the latest Chinese EV manufacturer to have been granted investment incentives by the Board of Investment (BOI) to build a factory in Rayong province.

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GENERAL

Thai sugar output falls amid drought

Business, Lamonphet Apisitniran, Published on 22/04/2024

» Thailand's sugar cane output declined in the 2023-24 crop year, resulting from severe drought, which may affect sugar supply in the global market, says the Office of the Cane and Sugar Board (OCSB).

GENERAL

FTI preps units for AI, creative sector

Business, Lamonphet Apisitniran, Published on 20/04/2024

» The Federation of Thai Industries (FTI) is planning to establish new units to align with the government's policy to promote artificial intelligence (AI) and the creative economy as levers of soft power.

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GENERAL

Taiwan's Somnics co-invests in factory

Business, Lamonphet Apisitniran, Published on 19/04/2024

» The government plan to develop Thailand as a medical hub in Southeast Asia has encouraged Thai and Taiwanese medical equipment companies to co-invest to build a new factory here, aiming to establish an export base for a variety of products, including those that improve sleep.

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MOTORING

EV sales expected to miss target

Business, Lamonphet Apisitniran, Published on 18/04/2024

» Electric vehicle sales in Thailand are expected to miss the estimate of 130,000 units this year as prices are likely to keep changing, attributed to a price war among Chinese EV makers, says Hyundai Mobility Thailand, a subsidiary of the Korean automaker.

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MOTORING

Ducati to use Thailand as an export hub

Lamonphet Apisitniran, Published on 17/04/2024

» Italian big bike manufacturer Ducati Motor Holding aims to make Thailand one of its export hubs after opening a new factory in Rayong, its first production facility in Asia.

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MOTORING

Industrial Estate Authority touts new Smart Park

Business, Lamonphet Apisitniran, Published on 16/04/2024

» Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).

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GENERAL

FTI wary of conflict's impact on border trade

Business, Lamonphet Apisitniran, Published on 11/04/2024

» Recent armed conflict in Myanmar is causing concern over a possible further decline in border trade near Tak's Mae Sot district and a spike in illegal workers from Myanmar in Thailand, says the Federation of Thai Industries (FTI).