Second company in Thailand to be granted license to import natural gas In a step to cut down energy costs, Thai Gulf Energy Development Company says that they have obtained a government license to import up to 1.7 million tonnes of liquefied natural gas (LNG) per year. As Thailand moves to free up its natural gas…
Thai company steps up to ease condom shortage A shortage of condoms is one thing. A shortage of condoms while people around the world are stuck at home is another. Since a top condom manufacturer in Malaysia halted production due to the coronavirus pandemic, a Thai company is now stepping up to fill the gap.…
Samsung Electronics flags 56% fall in third quarter profits Samsung took advantage of the US trade ban against Chinese rival Huawei.” PHOTO: CNBC Samsung Electronics says it expects operating profits to drop more than 50% in Q3 amid a continued slump in the global chip market. Operating profits for July to September was expected to…
PTT to invest 30bn ($967M) baht in EEC PTT Public Company Limited has allocated some 30 billion baht, to invest in newer forms of energy in the Eastern Economic Corridor (EEC) BANGKOK, (NNT) – The global economic slowdown and trade war have caused fluctuations in energy prices. In response, PTT Public Company Limited has allocated…
KBank’s Lao unit helps finance Bangkok Chain group for construction of hospital in Vientiane As part of its continual support for investment in Laos, Kasikornthai Bank Ltd, Lao PDR, has offered a financial facility to Bangkok Chain Hospital (BCH), a listed Thai company, for the construction of the 254-bed Kasemrad International Hospital Vientiane, which is…
Beam me up Phuket – new space theme hotel for the island A 150 key space themed hotel is under development in Kathu, Phuket, by a Singaporean group . Located close to the Central Festival and Makro complexes, the project is expected to open next year according to a report in TTG Asia. The One Pioneer…
Thailand cooperates with Indonesia to push creative industries Both countries aim to develop target creative industries, especially the fashion industry, the design industry and the broadcasting industry BANGKOK, 14 MAY 2019 (NNT) – Thailand joins hands with Indonesia to push for creative industries starting with three major industries with a growth target of five percent…
Citi bullish on tech stocks outlook CITI Thailand, undaunted by the global economic slowdown and escalating trade war between the superpowers, is pressing ahead with the launch of a technology fund that it believes will beat other investment sectors. Don Charnsupharindr, director and retail banking head for Citi Thailand, said the company has partnered with…
Thai Union in multipronged approach THAI UNION GROUP, a world leader in seafood, is exploring new emerging markets to expand its business and investment, in order to enhance competitiveness. While the company will maintain its three major export markets – the United States, Europe and Japan – it now aims to further spread its products…
First Latin America fam trip trade meet in Thailand In 2018, Thailand hosted 202,106 visitors from Latin America, generating approximately 15 billion Baht or 500 million US dollars in revenue Bangkok, May 8, 2019 – The Tourism Authority of Thailand (TAT) recently hosted 40 top tour operators and travel experts from five Central and Latin American…