Showing 1 - 10 of 48
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).
Indonesia minister says Musk to consider offer to build EV battery plant in country
Published on 20/05/2024
» DENPASAR: Indoonesia's coordinating minister of investment said that Elon Musk will consider an offer to build an electric vehicle battery plant in the country, after the CEO of Tesla met with President Joko Widodo on Monday.
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.
Green push needs united approach
News, Published on 20/05/2024
» Bridging the divide between agriculture and forestry is imperative for climate action. The global and national race is on to steeply reduce emissions over the next six years. According to the watershed Global Stocktake report, released ahead of COP28 in Dubai, we face the daunting task of reducing emissions by 43% by 2030 to retain the possibility of limiting warming to 1.5 degrees by the end of the century, and 27% to stabilise at a 2-degree temperature increase. Since the Paris Agreement was signed in 2015, we have managed only to be on track for a 2% reduction in emissions against 2019 baselines. Each subsequent year, we collectively feel the impacts of a hotter, more volatile climate as new records are set for temperature and natural disasters.
Asia-Pacific marketers' hike in ad spend bests other regions
Business, Suchit Leesa-nguansuk, Published on 18/05/2024
» Despite global economic challenges, Asia-Pacific marketers plan to increase product promotion, mainly on social media, while reducing their brand-building budget, according to the 2024 Nielsen Global Annual Marketer Survey.
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).
Asian shares retreat on China weakness
Business, Published on 18/05/2024
» RECAP: Stocks in Asia fell yesterday after data from China showed fresh economic weakness and traders reassessed the path forward for US interest rates.
PAT Celebrates 73rd Anniversary, Announces Growth
Published on 17/05/2024
» The Port Authority of Thailand (PAT) held a ceremony on the 73rd anniversary of its founding, donating 36 million baht to the Chaloem Phrakiat project and announcing an operational profit net worth increase of 25.34 percent. PAT is motivated to advance potential initiatives that will propel the national economy forward and is committed to continuing its green port policy for sustainability, establishing goals to manage areas for the benefit of all sectors.
TAI and RX Tradex Host Automotive Summit 2024
Published on 17/05/2024
» Thailand Automotive Institute (TAI) in collaboration with RX Tradex is driving forward to transform the automobile industry in tackling the massive transformation towards innovative automobiles for sustainability, following the emerging growth trend seen by over 100,000 EV registrations in Thailand. Hosting as the exchange stage for new technology learning and automobile updates, the annual “Automotive Summit 2024” will be held during 19-20 June 2024 alongside the “Automotive Manufacturing” forum, part of the “Manufacturing Expo” hosted from 19-22 June 2024 at Bitec.
China building world's first 'dedicated' drone carrier, satellite images suggest
Published on 17/05/2024
» HONG KONG: The new aircraft carrier, the building of which has not been publicised by Beijing, could underline China's aims to advance the military use of drones and their deployment in battle.