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BUSINESS

December MPI marks the lowest level in 28 months

Business, Lamonphet Apisitniran, Published on 01/02/2023

» Thailand's Manufacturing Production Index (MPI) fell by 8.19% year-on-year in December last year to 93.98 points, the lowest level in 28 months, as the world economy contracted.

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BUSINESS

IEAT preparing to invest in hydrogen projects

Business, Lamonphet Apisitniran, Published on 24/01/2023

» The Industrial Estate Authority of Thailand (IEAT) plans to invest in hydrogen energy projects, which would include the use of hydrogen-powered vehicles to transport workers in its industrial estates, as part of efforts to shift towards clean energy.

BUSINESS

SCGP eyes revenue surge amid packaging recovery

Business, Lamonphet Apisitniran, Published on 25/01/2023

» SCG Packaging Plc (SCGP) has set a revenue target of 160 billion baht for this year as China's reopening and the tourism recovery are expected to boost packaging consumption.

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BUSINESS

SCG Ceramics to increase prices amid energy burden

Business, Lamonphet Apisitniran, Published on 26/01/2023

» SCG Ceramics Plc, a subsidiary of SCG Cement-Building Materials Co, plans to increase its product prices again this year after months of rising electricity and gas prices.

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BUSINESS

SCG anticipates 10% revenue growth

Business, Lamonphet Apisitniran, Published on 27/01/2023

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its revenue in 2023 to grow by 10% as it aims to gain more income from a petrochemical business in Vietnam and improving economic conditions.

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BUSINESS

Bumrungrad sees revenue recovery

Business, Lamonphet Apisitniran, Published on 28/01/2023

» Bumrungrad International Hospital (BH) aims to benefit from the growing healthcare and wellness industry in Thailand, following the tourism recovery and China's reopening.

BUSINESS

Sugar retail prices likely to increase as costs rise

Business, Lamonphet Apisitniran, Published on 21/01/2023

» The retail prices of sugar may be adjusted following an increase in the ex-factory price by 1.75 baht a kilogramme as production costs surge.

BUSINESS

TISI decreases for first time in 7 months

Business, Lamonphet Apisitniran, Published on 18/01/2023

» The Thailand Industry Sentiment Index (TISI) decreased for the first time in seven months to 92.6 points during the festive month of December last year, says the Federation of Thai Industries (FTI).

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BUSINESS

Manufacturers urged to adopt renewables

Business, Lamonphet Apisitniran, Published on 19/01/2023

» Higher power bills will be a key factor awakening businesses in the manufacturing sector to a need to seriously adopt renewable energy to relieve an increase in their production costs, estimated at 4.88% on average, says the Industry Ministry.

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BUSINESS

Tax incentives to encourage reduction in plastic usage

Business, Lamonphet Apisitniran, Published on 10/01/2023

» The Industry and Finance ministries are using a new corporate income tax reduction programme to encourage businesses to use more biodegradable plastic products, in a move to reduce waste.