Showing 1 - 10 of 1,690
Private investment advanced in April thanks to new cars
Business, Somruedi Banchongduang, Published on 01/06/2024
» The Bank of Thailand reported an increase in private investment in April, attributed to improved sales of new cars after the delivery of vehicles following this year’s Thailand International Motor Show.
PSP banks on EV industry expansion for growth
Business, Yuthana Praiwan, Published on 30/05/2024
» PSP Specialties Plc, Thailand's largest lubricant producer by capacity, is benefiting from the growth of the electric vehicle (EV) industry by selling lubricants and lubricant-related products suitable for battery-powered cars.
Vietnamese EV maker may delay $4bn US plant
Published on 29/05/2024
» The Vietnamese electric car maker VinFast is looking at further delaying a planned $4-billion factory in North Carolina, a person briefed on the matter says, as the loss-making company struggles to gain favour with US consumers.
Nex Point creates EV tie-up with Dayun
Business, Published on 27/05/2024
» Thailand's eco-car segment is likely to face stronger competition from electric vehicle makers as Nex Point Plc, a local assembler of commercial EVs, has teamed up with a Chinese EV maker to embark on a new investment in small EVs.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
Asian shares decline as US rate-cut hopes dim
Business, Published on 25/05/2024
» RECAP: Asian stocks tracked Wall Street lower in response to more economic data that signalled the US Federal Reserve might keep interest rates on hold for most of this year. Regional currencies also took a hit as dollar strength persisted.
THG considers green medical packaging plan
Business, Lamonphet Apisitniran, Published on 25/05/2024
» Thonburi Healthcare Group Plc (THG) is studying development of environmentally friendly medical packaging, such as medical plastic bags, as part of its goal to transform to a green hospital and lower carbon dioxide emissions.
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).
IRPC bullish amid strong demand from overseas
Business, Yuthana Praiwan, Published on 21/05/2024
» IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.
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.