Showing 1 - 10 of 716
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.
Local EV industry sees bright prospects
Business, Published on 07/05/2024
» Local operators of businesses related to electric vehicles (EVs) remain upbeat about the growth prospects of the Thai EV market, as they do not expect a slump similar to the one in Europe.
Domestic car sales see 30% fall in March
Business, Published on 26/04/2024
» Domestic car sales in Thailand remained sluggish in March, falling by 29.8% year-on-year to 56,099 units, though the tally is slightly greater than the February total, according to the Federation of Thai Industries (FTI).
Thailand, UK upgrade economic ties
Business, Phusadee Arunmas, Published on 02/04/2024
» Thailand and the UK have announced the elevation of economic, trade and investment relations to a strategic partnership, serving as a foundation for the development of a free trade agreement (FTA) in the future.
Govt eyes $15bn investment after PM's global pitch
Bloomberg News, Published on 27/03/2024
» The government said it expects to garner at least US$15 billion (546 billion baht) in foreign direct investment in the next three years as Prime Minister Srettha Thavisin's trips around the world to woo electric vehicle (EV) makers and technology companies start to yield results.
Bumpy road for EV evolution
Published on 25/03/2024
» The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.
Kia mulls investment in local EV factory
Business, Lamonphet Apisitniran, Published on 05/03/2024
» Kia, the premium Korean car manufacturer, is considering making an investment in building an electric vehicle factory in Thailand to benefit from the fast-growing EV market, according to Kia Sales (Thailand).
New incentives put focus on trucks
Business, Phusadee Arunmas, Published on 22/02/2024
» The National Electric Vehicle Policy Committee (EV Board) on Wednesday approved incentives to motivate companies to transition their commercial fleets of large trucks and buses to battery electric vehicles (BEVs).
NESDC revises growth outlook
Business, Wichit Chantanusornsiri, Published on 20/02/2024
» The National Economic and Social Development Council (NESDC) has revised down gross domestic product (GDP) growth for 2023 and its outlook for 2024 to 1.9% and 2.7%, suggesting the Bank of Thailand (BoT) use financial measures to support the economy, says secretary-general Danucha Pichayanan.
On the edge of a precipice?
Business, Published on 12/02/2024
» Tensions between the Bank of Thailand and the coalition government led by Prime Minister Srettha Thavisin, who is also the finance minister, have been apparent for months and flared up last week after the Monetary Policy Committee (MPC) decided to maintain interest rates at 2.5% following a political push for a reduction.