Connect with us

Corporate

Sony to invest US$80 million in Thai digital camera production unit

Avatar

Published

on

Thailand’s Board of Investment (BOI) secretary-general Atchaka Sribunruang on Thursday said BOI’s project approval subcommittee recently granted investment promotion privileges to a project of Sony Technology (Thailand) to expand its investment of some Bt2.6 billion (US$80 million) in the production of digital cameras, lens and camera accessories.

Loading...

She said Sony was planning to annually produce 2.1 million sets of digital cameras, 2.73 million lenses, and 2.2 million sets of camera accessories. The factory will be located at Banwa Industrial Estate in the central province of Ayutthaya, Ms Atchaka added.

According to Mrs Atchakal, Sony’s business expansion this time will use local materials of about Bt2.4 billion (US$73.8 million) per year and it will create jobs for 1,029 Thais.

Apart from its production base in Thailand for digital cameras, lens and accessories, Sony also has other production bases in China and Malaysia. (TNA)

“Sony’s parent company wanted to expand its investment in the country, for it sees the investment potential in Thailand in terms of suitable capital and fund, delicate skills of workers. Therefore, this proves well investor confidence that they have in Thailand,” said Ms Atchaka.

This project will focus on Sony production for exports, and the main client will be to supply other Sony production units.

via Sony to invest Bt2.6-billion in digital camera production: BOI.

Corporate

The 3 key barriers to remote working (and how to overcome them)

COVID-19 created the world’s largest remote working experiment and, for many, showed just how possible it was for employees to do their jobs without being at the office.

Daniel Lorenzzo

Published

on

Following the real-world experiment with remote working, it’s time for business leaders to re-examine their previous misgivings, and explore how to adopt flexible working in the long term

Loading...
(more…)

Continue Reading

Corporate

Digital transformation: what will be the long‑term effect of Covid‑19?

For many businesses, the Covid-19 pandemic was the catalyst for their organisational caterpillar to evolve toward digital transformation. Yet following the crisis, it remains to be seen which companies will emerge with wings – and which will simply be crawling along slightly faster than before.

Daniel Lorenzzo

Published

on

The outbreak of Covid-19 forced the rapid adoption of remote working practices and an acknowledgment of the importance of digital transformation. Following the pandemic, what will the lasting impact be?

Loading...
(more…)

Continue Reading

Corporate

Fitch Ratings Expects Improvement of Thai Corporates’ Credit Outlook

Fitch said the outlook for the food retail sector in 2021 would remain stable as earnings rebound, while the outlook for the building material and power & utilities sectors to be stable in the coming years.

National News Bureau of Thailand

Published

on

logomain

BANGKOK (NNT) – The credit rating agency Fitch Ratings expects Thai corporates’ credit outlook to improve this year as vaccination is rolled out and economic activity recovers.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,973 other subscribers

Latest

Trending