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BUSINESS

African ports struggle with spike in ship traffic

Reuters, Published on 22/12/2023

» CAPE TOWN - Shipping companies sailing around the Cape of Good Hope to avoid Houthi attacks on the Red Sea face tough choices over where to refuel and restock, as African ports struggle with red tape, congestion and poor facilities, companies and analysts say.

BUSINESS

PTTEP buys into North Sea wind farm

Yuthana Praiwan, Published on 22/12/2023

» PTT Exploration and Production Plc (PTTEP) is expanding into the clean energy business by acquiring a 25.5% share in the Seagreen Offshore Wind Farm, the largest offshore wind power generation facility in Scotland, for £522 million, or around 24 billion baht.

BUSINESS

CKPower's Pioneering Efforts Sparking Clean Energy Communities

Published on 22/12/2023

» CKPower is recharging local communities as vital clean energy forces on the path to Net Zero, despite the global crises casting doubt on the prospect of a world free from greenhouse gas emissions. Their "Hing Hoi" project, which translates to "firefly," exemplifies CKPower's commitment to sustainability and empowering society in achieving this goal.

BUSINESS

Indonesia secures rice import commitments from India, Thailand

Reuters, Published on 22/12/2023

» JAKARTA - Indonesia's President Joko Widodo said on Friday his government has secured rice import commitments from India and Thailand to shore up supply for 2024.

BUSINESS

Ministry preps steps amid export threat

Business, Phusadee Arunmas, Published on 22/12/2023

» The Commerce Ministry is preparing short-term and long-term measures to address the impact of Houthi attacks on crucial shipping routes in the Red Sea.

BUSINESS

SET rejigs disclosure guideline

Nuntawun Polkuamdee, Published on 22/12/2023

» The Stock Exchange of Thailand (SET) is preparing to review criteria concerning disclosing the names of major shareholders of listed securities and investment companies, including for anyone with a stake of at least 0.5%.

BUSINESS

Rebranding transforms Centra by Centara into Centara Life

Business, Published on 22/12/2023

» Thailand's leading hotel operator Centara Hotels & Resorts (CHR) has rebranded Centra by Centara as Centara Life, aiming to create a fresh new brand identity and a commitment to delivering flexible and seamless stays that are accessible to everyone.

BUSINESS

KBank predicts marginal gains

Business, Somruedi Banchongduang, Published on 22/12/2023

» Kasikornbank (KBank) expects to book marginal growth this year, in line with economic circumstances.

BUSINESS

Pattaya Floating Market laments slowdown of tour groups

Business, Molpasorn Shoowong, Published on 22/12/2023

» The operator of Pattaya Floating Market says attracting a large volume of tourists, especially Chinese tour groups, is still an essential part of reviving the tourism industry as it urges the authorities to attempt to reverse the image of Thailand as an unsafe destination.

BUSINESS

Gulf anticipates bullish outlook for solar farms

Business, Yuthana Praiwan, Published on 22/12/2023

» SET-listed Gulf Energy Development, Thailand's largest private power producer by capitalisation, expects its solar farms, including 12 new farms it is preparing to develop, to support the state's attempts to deal with costly electricity bills.