SCG: second-quarter earnings drop expected, outlook upbeat
Siam Cement, Thailand’s largest industrial conglomerate and leading cement producer, is expected to report a 10.5 per cent drop in second-quarter earnings, according to KGI Secu...
Asean
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Indonesia ranks Vietnam’s top importer over Jan-May 2014
Indonesia accounted for the largest share of Vietnam’s exports over the first five months of this year, according to data from the Vietnamese Ministry of Industry and Trade.
SCG prepares to launch flagship products to Indonesian market
Siam Cement Group (SCG) is preparing to introduce its three flagship products to the Indonesian market, a country high on the Thai building materials major's agenda as it looks ...
Indonesia sales growth slows in first six months
Indonesian cement sales growth has slowed in the first six months of the year, leading to concerns that the country may miss its full year target.
RAM Ratings reaffirms Lafarge Malaysia rating
RAM Ratings has reaffirmed the AA2/Stable/P1 ratings of Lafarge Malaysia Berhad's MYR350m (US$109m) Islamic Securities Programme (2010/2017). The ratings are premised on Lafarge...
Higher sales boost Lafarge Malaysia 1Q14
Lafarge Malaysia’s revenue for the 1Q14 was 4.9 per cent higher YoY to MYR676.6m (210.7m), mainly due to higher cement and aggregate sales volumes.
Italcementi eyes Myanmar investment
Italian cement major Italcementi is studying the possibility of entering the Myanmar market in the the next few years, its chief executive has said in a recent interview. Speaki...
Siam Cement’s board approves investment budget, Thailand
Thailand’s leading industrial conglomerate Siam Cement Group said its board has approved plans to invest about THB150-200bn (US$4.8-6.4bn) over the 2013-17 period. Most of the i...
Thailand: Siam Cement Group signals Asean logistics expansion
Siam Cement Group (SCG) says its logistics unit will cover Asean and southern China within five years, partly through mergers and acquisitions. Kan Trakulhoon, president and CEO...
Siam Cement to invest US$6.3bn during 2013-17
Siam Cement of Thailand plans to invest THB200bn (US$6.3bn) over the 2013-17 period, according to President and Chief Executive Kan Trakulhoon. Of this total, more than half is ...