Showing 1 - 10 of 74
Bolt to invest B400m in Thai expansion
Business, Suchit Leesa-nguansuk, Published on 23/12/2024
» Estonia-based ride-hailing company Bolt plans to invest 400 million baht in 2025 to expand its presence for a period of two years.
Royal Enfield launches factory in Samut Prakan
Published on 16/12/2024
» Royal Enfield has commenced operations for its new completely knocked down (CKD) assembly facility.
Ford to expand investment despite weak car market
Business, Lamonphet Apisitniran, Published on 11/12/2024
» Ford Thailand, the production and distribution arm of US-based Ford Motor, plans to continue expanding its investment in Thailand despite the slowdown in the domestic car market.
Declining competitiveness, loan growth dent GDP outlook
Nareerat Wiriyapong, Published on 04/12/2024
» The deteriorating competitiveness of Thai automotive companies coupled with contracting loan growth and uncertainty regarding US president-elect Donald Trump's trade policies pose threats to the Thai economy next year, say economists who downgraded the nation's GDP growth outlook.
Motorcycle sales set to increase in Q4
Lamonphet Apisitniran, Published on 02/12/2024
» Motorcycle sales, especially completely knocked-down (CKD) units, in the final quarter this year are expected to increase, thanks to more purchase orders overseas, which caused exports to skyrocket in October, says the Federation of Thai Industries (FTI).
Michelin pins investment on EV policy
Lamonphet Apisitniran, Published on 25/11/2024
» French tyre maker Michelin vows to expand its investment in Thailand, hoping to benefit from the government's electric vehicle (EV) promotion policy despite weak domestic car sales.
Debt bailout warning
News, Editorial, Published on 25/11/2024
» The Paetongtarn government has announced a bold policy to address Thailand's mounting household debt crisis. The initiative includes a three-year suspension of interest payments for mortgages, vehicle loans and loans for small and medium-sized enterprises (SMEs), among other items.
'Greener' transport key to growth
News, Published on 25/11/2024
» Across the Asia-Pacific region, especially in urban centres, electric cars and buses are increasingly replacing petrol-powered ones as a means of transportation. Aided by the ubiquity of smart devices, smart mobility and other transport innovations are significantly reshaping everyday life through ride-sharing apps, driver assistance technology and real-time traffic management.
Raft of issues hindering EV industry
Published on 18/11/2024
» Sluggish domestic car sales could have a negative impact on the country's fledging electric vehicle (EV) industry, despite an upward trend in EV usage.
Call for auto taxes to match global shift
Wichit Chantanusornsiri, Published on 11/11/2024
» The structure of Thailand's automotive excise taxes must align with global trends, particularly the shift towards the electric vehicle (EV) industry, says Deputy Finance Minister Paopoom Rojanasakul.