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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).

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GENERAL

SCG unit ups presence in Vietnam

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

» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.

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).

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GENERAL

Industry sees options to BoT spat

Business, Lamonphet Apisitniran, Published on 13/05/2024

» The government should seek more acceptable options to resolve its dispute with the Bank of Thailand over policy rates rather than attempt to curb the regulator's power, which is a contentious tactic, says Montri Mahaplerkpong, vice-chairman of the Federation of Thai Industries.

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GENERAL

Grim outlook for Thai steelmakers

Business, Lamonphet Apisitniran, Published on 07/05/2024

» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.

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GENERAL

Industry group predicts short-term price stability

Business, Lamonphet Apisitniran, Published on 03/05/2024

» Manufacturers are expected to maintain the prices of goods in the short term following a recent hike in domestic diesel rates to avoid adding a burden to people's cost of living, says the Federation of Thai Industries (FTI).

INVESTMENT

Board of Investment reveals new project proposals rise 31% in Q1

Business, Lamonphet Apisitniran, Published on 03/05/2024

» The Board of Investment (BoI) reported a 31% year-on-year surge in the value of new investment project proposals in the first quarter, tallying 228 billion baht, with electronics and electrical appliances the segment comprising the highest value.

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GENERAL

Dumping of cheap steel irks Tata unit

Business, Lamonphet Apisitniran, Published on 01/05/2024

» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.

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GENERAL

EEC prepares for water shortages

Business, Lamonphet Apisitniran, Published on 30/04/2024

» A water shortage, caused by an El Niño-induced drought, in the Eastern Economic Corridor (EEC) could be avoided as water supplies have been prepared for factories to help them get through the dry season this year, says the Industrial Estate Authority of Thailand (IEAT).

GENERAL

Conflict hits Myanmar border trade

Business, Lamonphet Apisitniran, Published on 29/04/2024

» The armed conflict between the Myanmar junta and ethnic minority groups could reduce Thai-Myanmar border trade value by 40%, says the Federation of Thai Industries (FTI).