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WORLD

B.Grimm Power allots B1.8bn for Laos

Business, Lamonphet Apisitniran, Published on 21/03/2017

» Champasak, Laos: B.Grimm Power Co, a unit of B.Grimm Group, plans to invest 17 billion baht in 2017-18, including for the development of hydropower in neighbouring Laos.

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BUSINESS

EV perks on the cards for EEC push

Business, Lamonphet Apisitniran, Published on 21/03/2017

» The government is urging the private sector to begin real investment in the high-tech sector and the Eastern Economic Corridor (EEC), especially in electric vehicles (EVs).

BUSINESS

FTI index takes hit for 2nd month

Business, Lamonphet Apisitniran, Published on 23/03/2017

» The Federation of Thai Industries (FTI) index fell for a second straight month in February on slowing purchase orders and falling demand after the government's stimulus package lapsed.

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BUSINESS

Japanese skittish on EEC outlays

Business, Lamonphet Apisitniran, Published on 24/03/2017

» Despite strong incentives from the Thai government to attract investors in the Eastern Economic Corridor (EEC), Japanese investors are still concerned about the impact of possible political risks on their investment in the megaproject, says Hiroki Mitsumata, president of Japan External Trade Organization (Jetro) Bangkok.

BUSINESS

T Mill seeks partner for downstream expansion

Business, Lamonphet Apisitniran, Published on 28/03/2017

» SET-listed TS Flour Mill (T Mill) is seeking a foreign partner with which to expand into downstream products.

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BUSINESS

Alibaba EEC drive to start in 2017

Business, Lamonphet Apisitniran, Published on 01/04/2017

» Chinese e-commerce giant Alibaba Group expects to start investing in its production and logistics hub in Thailand's Eastern Economic Corridor (EEC) this year, says Industry Minister Uttama Savanayana.

BUSINESS

Alibaba plans hub in EEC

Business, Lamonphet Apisitniran, Published on 30/03/2017

» Chinese e-commerce giant Alibaba Group plans to set up an electronic logistics hub in Thailand's Eastern Economic Corridor (EEC) for distribution of its goods to the Asean region, says a senior EEC official.

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BUSINESS

Car testing centre ready by 2018

Business, Lamonphet Apisitniran, Published on 03/04/2017

» Thailand's first automotive and tyre-testing centre following global standards is due to be ready for use by next year.

BUSINESS

New tax break to lure potential EEC firms

Business, Lamonphet Apisitniran, Published on 05/04/2017

» Companies investing in the Eastern Economic Corridor will get a 50% reduction in corporate income tax in the latest offer of privileges from the government in order to attract investment to the project.

WORLD

Cambodian source for EEC taps

Business, Lamonphet Apisitniran, Published on 04/04/2017

» Universal Utilities Plc (UU), a tap water provider owned by SET-listed Eastern Water Resources Development and Management Plc, plans to used raw water from Cambodia's Stung Nam hydropower dam to supply more tap water to meet rising demand in the Eastern Economic Corridor (EEC).