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GENERAL

Manufacturing stagnant amid growing climate risks

Business, Lamonphet Apisitniran, Published on 31/05/2024

» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).

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GENERAL

BDMS Wellness in Chinese partnership

Business, Lamonphet Apisitniran, Published on 29/05/2024

» BDMS Wellness, a unit under Bangkok Dusit Medical Services Plc, has partnered with a Chinese company to focus on preventive medicine in a bid to attract Chinese travellers seeking healthcare in Thailand.

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GENERAL

Wage hike to benefit migrants, says FTI

Business, Lamonphet Apisitniran, Published on 28/05/2024

» The government must reconsider its controversial plan to increase the daily minimum wage to 400 baht nationwide as much of the money would go to migrant workers rather than help boost the domestic economy, says the Federation of Thai Industries (FTI).

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GENERAL

THG considers green medical packaging plan

Business, Lamonphet Apisitniran, Published on 25/05/2024

» Thonburi Healthcare Group Plc (THG) is studying development of environmentally friendly medical packaging, such as medical plastic bags, as part of its goal to transform to a green hospital and lower carbon dioxide emissions.

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GENERAL

Group seeks gain from US-China trade war

Business, Lamonphet Apisitniran, Published on 23/05/2024

» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).

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GENERAL

THG set to spend B1-1.5bn on three cancer centres

Business, Lamonphet Apisitniran, Published on 22/05/2024

» Thonburi Healthcare Group Plc (THG) plans to spend 1-1.5 billion baht building three cancer centres in Thailand, continuing the trend of specialist hospitals, while growing its hospital and healthcare businesses in Myanmar and Vietnam.

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GENERAL

China ramps up Thai EV production

Business, Lamonphet Apisitniran, Published on 18/05/2024

» More electric vehicles (EVs) sold in Thailand should be locally manufactured this year as Chinese automakers plan to produce them here from the third quarter, sourcing local materials to support their manufacturing, says the Board of Investment (BoI).

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GENERAL

Wage hike erodes April sentiment

Business, Lamonphet Apisitniran, Published on 16/05/2024

» The Thai Industries Sentiment Index (TISI) fell to 90.3 points in April, down from 92.4 points in March, with the planned daily minimum wage hike among the factors dealing a blow to business confidence, says the Federation of Thai Industries (FTI).

GENERAL

Firms prepare for next phase of Carbon Border Adjustment Mechanism

Business, Lamonphet Apisitniran, Published on 15/05/2024

» Local businesses, especially small and medium-sized enterprises (SMEs), need help to improve their manufacturing environmental standards as new phases of the European Union's Carbon Border Adjustment Mechanism (CBAM) are slated to cover exports to the bloc, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

GENERAL

BBGI Fermbox Bio set to produce enzyme

Business, Lamonphet Apisitniran, Published on 14/05/2024

» Enzyme developer BBGI Fermbox Bio is preparing to produce an enzyme that can change agricultural waste into a variety of new products after being granted an investment incentive from the Board of Investment (BoI) to invest in the Eastern Economic Corridor (EEC).