SET-listed clean power generation firm Super Energy Corporation Plc (Super) has sold its 49% share in Solar NT Holdings (Solar NT), which operates nine solar farms in Vietnam, to Ayala Group, the largest business conglomerate in the Philippines, in a m…
NHA scheme seeks funds for residential projects
The National Housing Authority (NHA) looks set to raise funds through a securitisation programme to construct 30,000 units of residential projects worth 18 billion baht this year for low-income earners and vulnerable people who require special assistan…
MTL expects 10% growth in premiums
Muang Thai Life Assurance (MTL) expects its new insurance premiums to grow at least 10% this year, driven by health protection, unit-linked products and wealth management. Sara Lamsam, MTL’s managing director and chief executive, said the company was l…
Minister vows to keep food inflation low
The Commerce Ministry says it will continue to organise discount campaigns and seek more cooperation from manufacturers and traders to cap prices or delay planned price rises, especially of essential products. Commerce Minister Jurin Laksanawisit yeste…
Grand Unity preps trio of projects worth B2.5bn
Grand Unity Development, a condo development subsidiary of SET-listed Univentures Plc, plans to launch three new condo projects worth a combined 2.5 billion baht after freezing launches for over two years. Taddao Chirasawadi, acting managing director, …
Volvo aims for 30% sales growth this year
Volvo aims for 30% sales growth this year Demand for BEVs continues to grow Volvo Cars (Thailand) Co has set a sales target of 20%-30% growth in 2022, all driven by sales in the battery electric vehicle (BEV) segment as domestic and global demand for e…
North Korea confirms most powerful missile test since 2017
SEOUL: North Korea confirmed Monday it had fired its most powerful missile since 2017, capping a month-long blitz of launches that has raised the spectre of leader Kim Jong Un restarting nuclear tests. Pyongyang conducted a record seven weapons tests i…
North Korea says Sunday test was Hwasong-12 missile
SEOUL – North Korea confirmed it had fired a Hwasong-12 “mid-range ballistic missile”, state media reported Monday, the first time it has tested a weapon that powerful since 2017. Seoul’s military said it had detected the launch Sunday of an intermedia…
Nadal comes from two sets down to make history with 21st Slam
MELBOURNE: Rafael Nadal roared back from two sets down to win a titanic five-set duel with Daniil Medvedev and claim a record 21st Grand Slam men’s title in the Australian Open final on Sunday. The Spanish great looked dead and buried as the Russian wo…
Pheu Thai crushes ruling PPRP in Bangkok by-election
Surachart Thienthong of the Pheu Thai Party won a by-election in Bangkok’s Constituency 9 by a landslide on Sunday. An unofficial result from the poll on Sunday night showed the opposition party candidate received 29,416 votes, while Saralrasmi Jenjaka…