https://www.scmp.com/rss/273137/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Japanese trading giant Itochu and Thailand's Charoen Pokphand Group (CP) are buying a 20 per cent stake in Citic, China's largest conglomerate, for HK$80.3 billion. The deal, signed yesterday, is an example of Beijing's efforts to reform state-owned enterprises by diversifying their base of shareholders to include more private and overseas investors. "Citic has strong government backing and access to funding, but lacked experience in overseas investment and was prone to paying too much for... https://www.scmp.com/business/companies/article/1682813/citic-limited-halts-trading-report-itochu-charoen-pokphand-said?utm_source=rss_feed https://www.scmp.com/business/companies/article/1682813/citic-limited-halts-trading-report-itochu-charoen-pokphand-said?utm_source=rss_feed Tue, 20 Jan 2015 04:30:15 +0000 On August 8, the Association of Southeast Asian Nations (Asean) will celebrate 45 years. The Asean Declaration, signed in the Thai capital Bangkok in 1967, aims to accelerate economic growth, social progress and cultural development in the region. A single regional common market of the 10 Asean member states will be created by the launch of the Asean Economic Community in 2015. Thailand is well-positioned to build on its economic strengths as a leading industrialised nation while developing its... https://www.scmp.com/article/1046813/kingdom-well-placed-build-strong-relationship-china?utm_source=rss_feed https://www.scmp.com/article/1046813/kingdom-well-placed-build-strong-relationship-china?utm_source=rss_feed Tue, 25 Sep 2012 03:35:02 +0000 With a strong foundation built on more than 50 years of experience, Thai Oil (Thaioil) has developed into an industrial leader in Thailand. Its core oil refinery business has enabled Thaioil to become a recognised leader in the industry. As it looks towards the future, Thaioil is set to develop its legacy as a trusted company with a driven management team. Thaioil operates a comprehensive refinery that uses advanced and efficient processing technologies to produce 275,000 barrels per day. Its... https://www.scmp.com/article/1046812/thaioil-aims-develop-its-niche-industry-leader?utm_source=rss_feed https://www.scmp.com/article/1046812/thaioil-aims-develop-its-niche-industry-leader?utm_source=rss_feed Tue, 25 Sep 2012 03:31:47 +0000 With more than 80 per cent of its natural rubber and rubber products exported to overseas markets, Thailand is the world's largest rubber exporter. While competition from Malaysia and Indonesia, and climatic conditions, affect the rubber industry in Thailand, one Thai company is leading the industry into the future. In 1967, in Songkhla province in southern Thailand, Klong Ngae Rubber was established. Following alliances with Orient Rubber Latex and Thai Rubber and Latex, Thai Rubber Latex... https://www.scmp.com/article/1046809/thaitex-leads-way?utm_source=rss_feed https://www.scmp.com/article/1046809/thaitex-leads-way?utm_source=rss_feed Tue, 25 Sep 2012 03:28:40 +0000 Kulthorn Kirby Public Company (KKC) is celebrating its 30th anniversary this year. As Asean's leading independent manufacturer of compressors for refrigerators, air conditioners and condensing units, KKC is recognised as one of Thailand's outstanding companies. Through strong commitment and hard work, the company has focused on producing a high-quality product range which has continued to develop over the years. The company is today building on its legacy and stepping into the future with... https://www.scmp.com/article/1046804/commitment-hard-work-keys-success?utm_source=rss_feed https://www.scmp.com/article/1046804/commitment-hard-work-keys-success?utm_source=rss_feed Tue, 25 Sep 2012 03:24:05 +0000 The Thai economy continues its recovery to post growth in the industrial and manufacturing sectors. On the real estate side, while property prices are gradually increasing they are showing some signs of stability. Property prices in Thailand, and Bangkok in particular, still compare favourably in comparison with surrounding major regional centres. With the incoming Asean Economic Community in 2015, the country is expected to continue this growth and expansion. Bangkok will become an important... https://www.scmp.com/article/1046803/recovery-ignites-property-price-growth?utm_source=rss_feed https://www.scmp.com/article/1046803/recovery-ignites-property-price-growth?utm_source=rss_feed Tue, 25 Sep 2012 03:19:27 +0000