Showing 41 - 50 of 239
Imported EVs hot up market competition
Lamonphet Apisitniran, Published on 30/11/2023
» Imports of electric vehicles (EVs), especially from China, are intensifying competition in the domestic car market, which could lead to a price war with cars powered by internal combustion engines (ICE).
Salaries set to rise 5% next year
Business, Lamonphet Apisitniran, Published on 14/11/2023
» The salaries of employees in Thailand are expected to increase by 5% next year, which is less than the average of 5.2% within Asia, according to the latest survey by Mercer (Thailand), a US-based consulting firm on human resources.
Export demand projected to be resilient
Business, Lamonphet Apisitniran, Published on 02/11/2023
» Automobiles and auto parts, electronics and agricultural products will drive Thai exports in the final quarter of this year, though shipments overall will remain sluggish for 2023, says the Federation of Thai Industires (FTI).
Manufacturing index set to fall by 4.5%
Business, Lamonphet Apisitniran, Published on 01/11/2023
» Thailand's Manufacturing Production Index (MPI), which indicates the health of domestic industries, is expected to contract by 4% to 4.5% this year as tourism growth is lower than expected and geopolitical conflicts are weighing on the global economy, says the Office of Industrial Economics (OIE).
Producers want to extend EV incentives
Business, Lamonphet Apisitniran, Published on 31/10/2023
» Global car makers are calling on the government to extend the electric vehicle (EV) incentive package slated to end on Dec 31 for at least another six months to ease concerns over the price difference between locally made EVs and imported units.
Zhejiang Chunfeng seeks local partners
Business, Lamonphet Apisitniran, Published on 27/10/2023
» Zhejiang Chunfeng Power, a Chinese motorcycle manufacturer, is seeking local business partners to form a join venture to build an electric motorcycle factory in Thailand, which is set to be the company's hub to export battery-run motorcycles in Asean.
Changan plans to sell EVs from Rayong plant
Business, Lamonphet Apisitniran, Published on 27/10/2023
» Chinese electric vehicle maker Changan Automobile plans to start selling EVs from its Rayong plant in 2025, increasing annual production capacity to 200,000 units to serve fast-growing EV demand.
Tata sees short-term impact from conflict
Business, Lamonphet Apisitniran, Published on 26/10/2023
» The Israel-Hamas conflict is expected to cause a short-term negative impact for the steel industry, which is experiencing a cyclical downturn, says Tata Steel Thailand Plc (TSTH), a unit of India's largest steelmaker.
SCGP maintains revenue target of B160bn
Business, Lamonphet Apisitniran, Published on 25/10/2023
» SET-listed SCG Packaging (SCGP) is keeping its revenue target of 160 billion baht for 2023, driven by higher market demand later in the year, though the company posted lower earnings over the first nine months.
Industry sentiment declines in September
Business, Lamonphet Apisitniran, Published on 21/10/2023
» The Thailand Industry Sentiment Index (TISI) continued to decrease for the third consecutive month to 90 points in September, attributed to weak purchasing power, caused by lower income for farmers and high household debt amid the global economic slowdown, says the Federation of Thai Industries (FTI).