Showing 111 - 120 of 1,960
Board of Investment approves B200bn of projects to expand Bangkok metro system, data-centre network
Bloomberg, Published on 17/03/2025
» Thailand approved investment applications worth a combined 200 billion baht, led by a Bangkok transit line and three data centers, giving a potential boost to the nation’s lackluster economic growth.
SET plunges back to pandemic-era levels
Business, Tisco Securities, Published on 15/03/2025
» After dropping 4.8% in January, the Stock Exchange of Thailand (SET) index continued its decline in February, shedding another 8.4%. The trend remained this month, with the market now around 1,170 points, not far above its low for the year.
Winning combination
Business, Nareerat Wiriyapong, Published on 10/03/2025
» The way multinational companies look at developing a presence in particular markets can differ. At AXA, the second-largest European insurer in terms of revenue, it opts to partner with local banks in Southeast Asia to ensure success in a region it deems full of untapped potential.
How a key ingredient in Coca-Cola is smuggled out of Sudan
Business, Richa Naidu and Khalid Abdelaziz of Reuters, Published on 05/03/2025
» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.
Thai tourism trade unfazed by security warnings
Molpasorn Shoowong, Published on 04/03/2025
» Only a short-term impact is expected after several countries warned their citizens to exercise caution in Thailand following the deportation of 40 Uyghurs back to China, while tourism operators say cyber-scams are a greater concern.
China’s EV makers are facing a reality check in Southeast Asia
Bloomberg, Published on 03/03/2025
» On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD began the day with a showroom devoid of customers. Just a few kilometres away, a dealership for upstart Vietnamese EV maker VinFast Auto was buzzing, with would-be buyers pouring over new models.
SCB offers more overseas wealth options
Somruedi Banchongduang, Published on 27/02/2025
» Siam Commercial Bank (SCB) is increasing access to international wealth products for Thai investors, aiming to expand assets under management (AUM) in foreign currencies to 180 billion baht by 2026.
Drivers satisfied with after-sales service
Business, Published on 26/02/2025
» Thai drivers say they are more satisfied with after-sales service provided by mass market auto brands despite a grim sales outlook for automakers this year, according to new consumer research.
State budget disbursement beats goal
Business, Wichit Chantanusornsiri, Published on 26/02/2025
» The disbursement of state enterprise investment budgets over the first four months of the fiscal calendar from October 2024 to January this year has fared better than targeted, according to the State Enterprise Policy Office (Sepo).
CK Power reports 10.79bn baht revenue in 2024, eyes growth in 2025
Published on 21/02/2025
» CK Power Plc, one of the region’s largest renewable electricity producers, reported total revenue of 10.79 billion baht for 2024. The company’s EBITDA grew 8% year-on-year to 5.55 billion baht, reflecting strong cash flow stability despite climate challenges and rising interest rates. However, net profit attributable to equity holders declined 8% to 1.35 billion baht, mainly due to a lower share of profit from an associate company and higher finance costs linked to CKPower’s investment in the under-construction Luang Prabang Hydroelectric Power Project.