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GENERAL

Industrial land sales surge by 182% in fiscal 2023

Business, Lamonphet Apisitniran, Published on 06/10/2023

» Industrial land sales, overseen by the Industrial Estate Authority of Thailand (IEAT), skyrocketed by 182% year-on-year in fiscal 2023 to 5,693 rai thanks to the relocation of foreign production facilities to Thailand and the government's investment promotion.

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MOTORING

Motorcycle production projected to rise in Q4

Business, Lamonphet Apisitniran, Published on 04/10/2023

» Stronger demand for motorcycles is expected to increase Thai manufacturing in this year's final quarter, as the sector struggles with sluggish sales, says the Federation of Thai Industries (FTI).

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GENERAL

Taiwanese firms keen on local industrial estate

Lamonphet Apisitniran, Published on 27/09/2023

» Taiwanese electronics companies are interested in building a new industrial estate based on a smart city concept in Rayong to serve manufacturers expanding into Thailand, according to the Industrial Estate Authority of Thailand (IEAT).

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MOTORING

BEV sales to soar despite lending restraint

Lamonphet Apisitniran, Published on 22/09/2023

» Sales of battery electric vehicles (BEVs) are expected to reach 60,000-70,000 units this year, exceeding the target of 40,000 units, as demand soars even though banks are enforcing stricter loan criteria which threatens to affect domestic car manufacturing, says the Federation of Thai Industries (FTI).

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GENERAL

Employers urge new debt measures

Business, Lamonphet Apisitniran, Published on 15/09/2023

» The new government should speed up efforts to reduce high household debt and help middle-income earners, not only farmers, as the former are also shouldering huge financial burdens, says the Employers' Confederation of Thai Trade and Industry (EconThai).

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MOTORING

Kcar predicts sluggish rental market

Business, Lamonphet Apisitniran, Published on 13/09/2023

» Krungthai Car Rent & Lease Plc (Kcar) expects Thailand's car rental business to grow by only 2-3% this year, while the used car business is likely to slow down.

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MOTORING

GAC Aion set to assemble EVs in the EEC next year

Business, Lamonphet Apisitniran, Published on 12/09/2023

» GAC Aion New Energy Automobile, an electric vehicle (EV) maker under Guangzhou Automobile Corporation (GAC), the second-largest seller of EVs in China, plans to assemble its first battery EVs in June 2024 at the company's new factory in the Eastern Economic Corridor (EEC).

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MOTORING

EV producers upbeat on investment

Business, Lamonphet Apisitniran, Published on 08/09/2023

» More electric vehicle (EV) manufacturers are expected to invest in Thailand, although the latest EV incentive package is believed to be less attractive than its predecessor, says the Electric Vehicle Association of Thailand (EVAT).

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MOTORING

Focus remains on EV package

Business, Lamonphet Apisitniran, Published on 08/09/2023

» Newly appointed Industry Minister Pimphattra Wichaikul pledges to step up efforts to pass a new electric vehicle (EV) incentive package to develop the fledging Thai industry, hoping to win approval from the Pheu Thai-led coalition government.

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MOTORING

Chinese EV producer to set up Thai plant

Lamonphet Apisitniran, Published on 04/09/2023

» Omoda & Jaecoo International Co, a subsidiary of China's state-owned automobile manufacturer Chery International, plans to apply for Board of Investment (BoI) privileges to set up an electric vehicle (EV) production base in Thailand.