Showing 1 - 10 of 238
Group seeks gain from US-China trade war
Business, Lamonphet Apisitniran, Published on 23/05/2024
» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).
Gearing up for the new economy
Lamonphet Apisitniran, Published on 20/05/2024
» Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.
China ramps up Thai EV production
Business, Lamonphet Apisitniran, Published on 18/05/2024
» More electric vehicles (EVs) sold in Thailand should be locally manufactured this year as Chinese automakers plan to produce them here from the third quarter, sourcing local materials to support their manufacturing, says the Board of Investment (BoI).
Lamborghini preps electric 'super car'
Business, Lamonphet Apisitniran, Published on 17/05/2024
» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, plans to bring its new electric "super car" to Thailand, debuting it globally in 2028 as part of efforts to cut carbon dioxide emissions.
SCG unit ups presence in Vietnam
Business, Lamonphet Apisitniran, Published on 14/05/2024
» SCGJWD Logistics (SJWD), a unit of Siam Cement Group (SCG), has acquired International Vietnam Co for 193 million baht to further grow its business in Vietnam amid bright prospects for the logistics industry in Southeast Asia.
Industrialists join rate-cut chorus
Lamonphet Apisitniran, Published on 07/05/2024
» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).
Grim outlook for Thai steelmakers
Business, Lamonphet Apisitniran, Published on 07/05/2024
» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.
Board of Investment reveals new project proposals rise 31% in Q1
Business, Lamonphet Apisitniran, Published on 03/05/2024
» The Board of Investment (BoI) reported a 31% year-on-year surge in the value of new investment project proposals in the first quarter, tallying 228 billion baht, with electronics and electrical appliances the segment comprising the highest value.
Dumping of cheap steel irks Tata unit
Business, Lamonphet Apisitniran, Published on 01/05/2024
» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.
Study on Land Bridge estate expected soon
Business, Lamonphet Apisitniran, Published on 26/04/2024
» A study on the construction of a new industrial estate to support the government's proposed Land Bridge project is expected to be completed in 3-4 months, says the Industrial Estate Authority of Thailand (IEAT).