Showing 51 - 60 of 368
Forum to brief foreigners
Business, Lamonphet Apisitniran, Published on 14/10/2023
» Following a delay of several months, up to 300 foreign investors from large companies will finally obtain first-hand information regarding the economic policies of the Srettha Thavisin government to clarify issues related to their future investments, says the Federation of Thai Industries (FTI).
Investors get go ahead for B41bn projects
Business, Lamonphet Apisitniran, Published on 12/10/2023
» Six investment projects worth 41 billion baht, including electric vehicle (EV) manufacturing and waste-to-energy power plant development, were granted approval by the Thai Board of Investment (BoI).
Ford sees pickup sales recovering in Q4
Business, Lamonphet Apisitniran, Published on 06/10/2023
» Sluggish pickup sales in Thailand as banks use stricter lending criteria are expected to recover in the final quarter of this year, which is dubbed the "high car-buying season", says Ford Thailand, the production and distribution arm of US-based Ford Motor.
Rising rates set to dent Thai business costs
Business, Lamonphet Apisitniran, Published on 06/10/2023
» The Bank of Thailand’s latest decision to increase its policy rate, to the highest level in 10 years, is expected to lead to another round of rising financial costs among manufacturers amid baht depreciation, says the Federation of Thai Industries (FTI).
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.
GWM to make 8 EV models locally
Business, Lamonphet Apisitniran, Published on 30/09/2023
» Chinese automaker Great Wall Motor (GWM) plans to start making eight electric vehicle (EV) models at its factory in Rayong in the first quarter of next year to serve soaring EV demand, which is expected drive total EV sales in Thailand to 100,000 cars in 2024.
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).
Steel consumption set to remain flat
Business, Lamonphet Apisitniran, Published on 26/09/2023
» Domestic steel consumption is expected to remain flat in 2023, with the threat of dumping of cheap steel in the Thai market possibly dealing a further blow to the country.
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).
Federation of Thai Industries seeks concrete plans, not vows
Business, Lamonphet Apisitniran, Published on 13/09/2023
» The policy statement delivered by Prime Minister Srettha Thavisin to parliament requires a clearer direction, with more concrete plans to deal with the energy price structure, not just a promise to reduce prices, according to the Federation of Thai Industries (FTI).