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MOTORING

Car production to see 3.17% increase

Business, Lamonphet Apisitniran, Published on 30/01/2024

» Thailand's car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).

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GENERAL

Federation urges more stimulus

Business, Lamonphet Apisitniran, Published on 29/01/2024

» New stimulus programmes are badly needed during the first half of this year and should help small and medium-sized enterprises (SMEs), many of which have yet to benefit from state spending schemes, says the Federation of Thai SMEs.

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GENERAL

KCar predicts sluggish market this year

Business, Lamonphet Apisitniran, Published on 26/01/2024

» Krungthai Car Rent & Lease Plc (KCar) expects the second-hand car and car rental markets to slow as loans remain difficult to obtain from financial institutions.

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INVESTMENT

Employers see further hike in freight rates

Business, Lamonphet Apisitniran, Published on 25/01/2024

» Freight rates are expected to continue to increase in February if the tension in the Red Sea intensifies, which will affect global supply chains, says the Employers' Confederation of Thai Trade and Industry (EconThai).

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GENERAL

WHAUP eyes green hydrogen

Business, Lamonphet Apisitniran, Published on 22/01/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, is conducting a feasibility study on a green hydrogen project to serve growing demand for clean power, especially in the digital technology sector.

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GENERAL

Volvo prepares EV repair business

Business, Lamonphet Apisitniran, Published on 22/01/2024

» Volvo Cars (Thailand) plans to invest in the electric vehicle battery repair and recycling business this year to serve the EV and plug-in hybrid EV (PHEV) market.

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GENERAL

THG, Assumption launch scheme to solve doctor shortage

Business, Lamonphet Apisitniran, Published on 19/01/2024

» Thonburi Healthcare Group Plc (THG), the operator of Thonburi Hospital, aims to help solve the doctor shortage in Thailand by establishing an international medicine programme in cooperation with Assumption University.

GENERAL

Sentiment declines in December

Business, Lamonphet Apisitniran, Published on 18/01/2024

» The Thailand Industry Sentiment Index (TISI) fell in December 2023 to 88.8 points, attributed to a range of factors from a decrease in sales to lower production, says the Federation of Thai Industries (FTI).

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GENERAL

Renewable incentives to be boosted

Business, Lamonphet Apisitniran, Published on 16/01/2024

» The Industry Ministry plans to revise investment incentive packages for companies in the RE100 group to better attract investors and serve new investment in the country.

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MOTORING

With new plant, Great Wall Motor targets electric vehicle growth

Business, Lamonphet Apisitniran, Published on 13/01/2024

» Chinese automaker Great Wall Motor (GWM) aims to grow its electric vehicle business in Asean after developing an EV production base in Thailand, which is scheduled to start selling locally-made EVs this month.