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BUSINESS

Manufacturing index tells bleak tale of first-half drop

Business, Lamonphet Apisitniran, Published on 29/07/2015

» The weak economic outlook and poor export performance have hurt Thailand's industrial sector, causing the manufacturing production index (MPI) to drop for a fourth straight month in June to the lowest level in 15 months, says the Office of Industrial Economics (OIE).

BUSINESS

FTI set to lower export forecast, again

Business, Lamonphet Apisitniran, Published on 31/07/2015

» The business sector is cutting key economic indicators for the fourth time this year as negative factors persist.

BUSINESS

Leaders eye upstream steel plants

Business, Lamonphet Apisitniran, Published on 03/08/2015

» The Industry Ministry has urged Prime Minister Prayut Chan-o-cha to lend full support to the country's upstream steel investment projects to help Thailand cut its steel imports, a major raw material for the auto industry.

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BUSINESS

SMEs oppose anti-dumping surcharge

Business, Lamonphet Apisitniran, Published on 04/08/2015

» Thai steel wire makers, most of whom are small and medium-sized enterprise middle-stream producers, oppose government plans to impose a surcharge on imported low-carbon steel wire rods (LCWR), saying the surcharge would raise their costs of production, eventually putting them out of business.

BUSINESS

Kingsgate to dig out Asean foothold

Business, Lamonphet Apisitniran, Published on 05/08/2015

» Kingsgate Consolidated Ltd, the Sydney-based gold miner, plans to expand its gold mining positions in Asean, including in Thailand, Indonesia and Vietnam, says chairman Ross Smyth-Kirk.

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THAILAND

Floating wage plan falls to earth

Business, Lamonphet Apisitniran, Published on 24/06/2015

» The business sector has urged the government to delay a floating minimum wage plan or any policy that would push the daily wage above 300 baht, as it would push consumer prices higher and have a negative impact on the economy, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

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BUSINESS

Local logistics grounded for second half

Business, Lamonphet Apisitniran, Published on 27/06/2015

» The outlook for Thailand's logistics industry is expected to remain weak in the second half of this year, as the global and domestic economies have yet to recover fully, leading to poor purchasing power.

BUSINESS

Thai Cali nears finish line for potash licence

Business, Lamonphet Apisitniran, Published on 30/06/2015

» Thai Cali Co is expected to get another licence to let the mining firm start digging for potash on its 3,000-rai land plot in Nakhon Ratchasima province, says the Primary Industry and Mines Department.

BUSINESS

Cooperative bands with Chinese firm

Business, Lamonphet Apisitniran, Published on 30/06/2015

» Chinese rubber company Hengfeng (Hong Kong) Rubber Industrial Park Ltd is ready to start investing with a local Thai rubber cooperative to produce compound rubber.

BUSINESS

SCG buys into Batico in Vietnam

Business, Lamonphet Apisitniran, Published on 01/07/2015

» Siam Cement Group (SCG) has paid 1.5 billion baht to acquire 80% of Vietnam's Tin Thanh Packing Joint Stock Co (Batico).