G Steel Public Company Limited (G Steel) is taking a giant leap towards a brighter future with a staggering Bt3 billion investment over the next three years. Their goal? To revolutionize their production facility, refine quality capabilities, skyrocket cost competitiveness, and rejuvenate aging systems. To bankroll this ambitious endeavor, G Steel has secured a long-term loan of Bt1.6 billion from Nippon Steel Thailand (NSTH), a full-fledged subsidiary of the venerable Nippon Steel Corporation (NSC). This monumental investment is a testament to G Steel’s commitment to turn the company’s fortunes around and inject fresh vibrancy into the Thai economy. They aim to supply top-notch Hot Rolled Flat products to various steel consumers across Thailand. The domestic steel industry is the backbone of Thailand’s infrastructure development and manufacturing supply chain. It has been instrumental in transforming Thailand into a manufacturing powerhouse. Since NSC took over a majority stake in G Steel in…
Posts published in “Thailand”
In the early hours of Friday, the serene silence of Yala’s Muang district was shattered by a tragic incident. Police officers, who tirelessly patrol this southernmost province, were called to inspect a chilling scene that unveiled itself near the Borseng brick factory. The clock had just ticked past midnight by 15 minutes when the grave news reached Muang police. As they arrived at the scene, the gravity of the situation became painfully evident. Two men lay lifeless on the road, both victims of a ruthless attack. Identified as Fa-is Dorloh and Atchamee Kalong, the victims were local residents of Yala’s Muang district, their lives abruptly cut short by fatal shots to the head. The brutality of the attack left them with no chance of survival, and they were pronounced dead at the scene. With their flashlights piercing the darkness, police meticulously examined the surroundings. The haunting scene left an indelible…
Natthaphong Ruengpanyawut, seen front-right, and his fellow MPs from the now-dissolved Move Forward Party (MFP) gathered in an atmosphere brimming with anticipation at Thai Summit Tower on New Phetchaburi Road in Bangkok this past Friday. (Photo: Apichart Jinakul) The transition was marked by a pivotal rebranding, as the former opposition party’s Facebook page morphed into the official digital domain of the People’s Party. Natthaphong, the freshly minted leader, preceded by his influential colleagues, has set the stage for a fresh political chapter. This dynamic get-together was merely the prelude to an official announcement scheduled to unveil the party’s new identity and their ambitious agenda. The dawn of Thursday night came with the exhilarating news that the trusted and seasoned MPs of Move Forward had placed their faith in Natthapong. The former list MP and deputy secretary-general’s ascension to the leadership circle brought with it waves of optimism. Natthapong’s academic foundation…
Prime Minister Srettha Thavisin has called upon Thai nationals to stay vigilant and keep an eye on news updates following an urgent tsunami advisory issued by Japanese authorities. This alert follows a massive earthquake that shook the southern coast of Japan yesterday. The Prime Minister expressed his concern for the safety of Thai citizens after learning about the quake, which registered a formidable 7.1 magnitude. Government spokesman Chai Wacharonke conveyed Mr. Srettha’s worries, emphasizing the gravity of the situation. The earthquake’s epicenter was located off the eastern coast of Japan’s southern main island, Kyushu, at an estimated depth of about 30 kilometers. The tremor occurred at approximately 4.43 pm, according to Japan’s Meteorological Agency. The immediate aftermath saw a tsunami warning being issued for several prefectures, including Miyazaki, Kochi, Ehime, Oita, and Kagoshima, which span the islands of Kyushu and Shikoku. Given the potential danger, Mr. Chai advised Thai nationals…
As a Worldwide Olympic and Paralympic Partner, Bridgestone proudly lends unwavering support to the Thai Paralympian team, known as Team Bridgestone Thailand Para-Athletes. These athletes are not just exceptional sportsmen but also dedicated employees of Thai Bridgestone Co., Ltd. Among them are Mr. Anusorn Chaichamnan, an ace in shooting, Mr. Worawut Saengampa, a master in boccia, and Mr. Chaiwat Rattana, a powerhouse in wheelchair racing. United by a shared dream, they are gearing up for the much-anticipated Paralympic Games Paris 2024, slated to take place from August 28 to September 8, 2024, in the City of Light, Paris. Bridgestone extends an open invitation to all Thais, urging them to rally behind these exceptional athletes. Your support and encouragement could be the wind beneath their wings as they strive to overcome obstacles and clinch victory at the Games. This initiative isn’t just a fleeting gesture but a continuation of Bridgestone’s commitment…
“Vitafoods Asia 2024,” Asia’s premier nutraceutical extravaganza, is all set to send ripples of excitement through the ever-evolving nutraceutical industry. Fueled by a steadfast health trend worldwide, this event promises a blend of innovations, cutting-edge technology, health products, and potent ingredients. Orchestrated by Informa Markets (Thailand), this grand showcase unfolds from the 18th to the 20th of September 2024 at the sprawling Hall 1-3, Queen Sirikit National Convention Centre in the heart of Bangkok, Thailand. As Thailand’s nutraceutical sector rockets towards a projected worth of 239 billion baht by 2026, Vitafoods Asia 2024 is set to be a key player in this exponential growth, attracting over 10,000 attendees this year alone. Ms. Rungphech Chitanuwat, the adept Regional Portfolio Director – ASEAN at Informa Markets, emphasized the significant expansion of the Asian nutraceutical market. Thailand, which stood robust at a value of 190 million baht in 2022, finds itself on a…
Envision a bustling hub of aviation excellence—this is what the U-Tapao Airport and Eastern Aviation City development project promises. On a warm Wednesday, a robust government delegation, spearheaded by the esteemed Deputy Prime Minister Phumtham Wechayachai, embarked on a comprehensive tour to witness firsthand the strides taken and the hurdles yet to be overcome. Accompanying him were none other than Vice Minister for the Office of the Prime Minister Nahathai Tiwphaingam and the passionate Rayong governor, Traipob Wongtrairat. Enter Tharit Issarayangyun, the deputy secretary-general of the Eastern Economic Corridor (EEC), with pivotal updates. This project isn’t just about building an airport; it’s about setting unprecedented standards for Thailand’s aviation industry, aligning perfectly with governmental ambitions to magnetize investments into the EEC. Tharit outlined the project’s dual-progress trajectory, highlighting both civil and private sector advancements. On the civil side, the Royal Thai Navy (RTN) stands at the helm, steering through the…
The Ministry of Foreign Affairs (MFA) recently announced that the much-anticipated Asean Troika Plus meeting, aimed at addressing the ongoing crisis in Myanmar, is likely to take place after this year’s Asean Summit. Bolbongse Vangphaen, the Deputy Director-General of the Department of Asean Affairs, revealed that Laos, serving as the Asean chairman this year, has embraced Thailand’s proposal for this crucial meeting. This proposal was initially discussed during the 57th Asean Ministerial Meeting (AMM) held last month in Vientiane. “We’re currently coordinating with this year’s Asean chair to finalize the timeline for the meeting,” Vangphaen explained. “The expectation is that the Troika Plus meeting will occur after the main Asean Summit scheduled for this October.” Mr. Bolbongse was speaking at an event celebrating Asean Day 2024, which marks the 57-year milestone of Asean’s establishment. During his address, he highlighted the collaborative efforts of Asean member states, including Thailand, in assisting…
The operators of the Yellow and Pink monorail systems have announced a crucial safety upgrade: reinforcing the guidewheels on every train. This move, unveiled by BTS Group Holdings’ CEO Surapong Laoha-unya, aims to bolster public confidence in both monorail lines, ensuring the safety of commuters and motorists below. Surapong Laoha-unya, who also serves as the director of Eastern Bangkok Monorail Co (EBM) and Northern Bangkok Monorail (NBM), emphasized the need for heightened safety measures following a January 2 incident. On that day, a guidewheel from a Yellow Line monorail train detached and struck a taxi traveling below on Theparak Road. Understandably, this event sparked concerns about the safety protocols in place. To address these concerns, EBM conducted an exhaustive review with Alstom Thailand—the manufacturer of the train—and replaced all parts deemed necessary to assure passenger safety. But they didn’t stop there. To prevent any future incidents, Alstom will introduce a…
Pita Limjaroenrat, the charismatic chief adviser to the Move Forward Party, waved enthusiastically to supporters as he made his way to the party’s bustling headquarters in Bangkok on Wednesday. (Photo: Varuth Hirunyatheb) In a dramatic turn of events, a thorough investigation is now underway into the ethical conduct of 44 politicians from the recently dissolved Move Forward Party (MFP). These politicians threw their support behind a controversial bill aiming to revise the country’s lese majeste law. The National Anti-Corruption Commission (NACC) confirmed on Thursday that there are sufficient grounds to proceed, launching an inquiry into these members of parliament. NACC Secretary-General Niwatchai Kasemmongkol unveiled that the commission has initiated this probe following a petition from February. The petition, submitted by lawyer Theerayut Suwankesorn, urged the Constitutional Court to halt all MFP campaign activities related to their efforts to amend Section 112 of the Criminal Code. This appeal was grounded in…