Showing 1 - 10 of 37
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Thailand kicks off first phase of digital wallet scheme
Reuters, Published on 25/09/2024
» The government on Wednesday launched the first phase of its flagship US$14 billion stimulus handout scheme, which will eventually see an estimated 45 million people receive 10,000 baht each, saying it would spark economic activity.
Thai industrial sentiment down on weak demand
Reuters, Published on 18/09/2024
» Industrial sentiment fell in August due to weak domestic demand, high production costs and floods, the Federation of Thai Industries (FTI) said on Wednesday.
Vietnam's Typhoon Yagi death toll passes 250, scores still missing
Reuters, Published on 14/09/2024
» HANOI - The death toll in Vietnam from Typhoon Yagi and the landslides and flash floods it triggered rose to 254 on Friday, authorities said, as flood waters receded, and search efforts pressed on.
Thailand's EV makers seek to renegotiate govt incentives as sales slow
Reuters, Published on 11/09/2024
» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.
New Zealand nearly triples levy on international tourists
Reuters, Published on 03/09/2024
» WELLINGTON - New Zealand will nearly triple entry fees for tourists, the government said on Tuesday, spurring criticism from the key tourism sector the higher levy will deter visitors.
Toyota global output falls for 6th straight month
Reuters, Published on 29/08/2024
» TOKYO - Toyota Motor said on Thursday its global production slipped for a sixth straight month in July, hurt by declines in markets such as China and Thailand, though the fall was smaller than the previous month's double-digit drop.
Sri Lanka approves free tourist visas for 35 countries
Reuters, Published on 22/08/2024
» COLOMBO - Sri Lanka's cabinet approved issuing free tourist visas to visitors from 35 countries including China, India and Russia, a top official said on Thursday, in an effort to boost tourism and help revive its crisis-hit economy.
Malaysia shines as foreign investors return, as Thailand stumbles
Reuters, Published on 22/08/2024
» SINGAPORE - Malaysia is fast becoming a haven in Southeast Asia and foreign investors are returning to a long-overlooked market as a confluence of improving growth, stable government and rising currency sets it apart among peers grappling with political flux.
Incentives for auto parts joint ventures approved
Reuters, Published on 08/08/2024
» Thailand has approved incentives for joint ventures (JV) between Thai and foreign companies to manufacture automotive parts for vehicles using all types of propulsion systems, its Board of Investment (BOI) said on Thursday.