Showing 1 - 10 of 5,189
Sleek EV Targets Top 3 in Thailand by 2025
Published on 21/05/2025
» Bangkok, 21 May 2025 – Driven by a vision to redefine mobility in Southeast Asia, one of Thailand’s fastest-growing electric motorcycle brands is taking bold strides toward the future. Sleek EV Co., Ltd. is transforming urban transport with proprietary in-house technology and a fully integrated ecosystem, supported by strategic alliances in the energy, finance, and automotive sectors. “We’re not just building electric motorcycles; we’re shaping the future of sustainable and accessible mobility,” said Kantinan Tunveenukoon, CEO of Sleek EV.
Whale Raises $60M to Scale Enterprise AI Globally
Published on 20/05/2025
» Bangkok, May 2025 — Whale, a Singapore-based enterprise AI company, announced the successful close of its Series C1 and C2 funding rounds, securing over USD 60 million from top-tier investors including BOSCH Ventures, MTR Lab, Singtel Innov8, MDI Ventures, Gentree Fund, and returning investors Temasek and Linear Capital.
Honda to scale back on EVs, Nissan plans workforce reduction
Reuters, Published on 20/05/2025
» TOKYO — Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for hybrids with new models.
CHANG-AN Opens First Overseas EV Plant in Thailand
Published on 20/05/2025
» CHANG-AN Inaugurates Landmark Overseas Manufacturing Facility in Thailand, Strengthening Regional Leadership and Powering National EV Hub Ambitions
Firms wary of debt amid US tariff woes
Business, Somruedi Banchongduang, Published on 20/05/2025
» Companies have postponed the drawing down of new credit lines as they await clarity on US tariffs following the announcement of the 90-day suspension period, according to a Bank of Ayudhya (Krungsri) executive.
Asean countries are facing their own 'China shock'
News, Published on 20/05/2025
» As the United States and Europe have sought to loosen their economic ties with China in recent years, Beijing has focused on expanding its export markets across the "Global South", particularly in Southeast Asia. But this could create significant economic risks as the region's manufacturers struggle to compete. Regardless of the contours of any eventual US-China trade deal, Beijing's exports to America seem destined to continue falling, as do those to the European Union. The bloc has been seeking to "de-risk" from Chinese imports and supply chains, particularly when it comes to electric vehicles, batteries and solar power equipment.
Index dips to lowest level since October 2024
Business, Lamonphet Apisitniran, Published on 20/05/2025
» The Thai Industries Sentiment Index (TISI) fell to 89.9 points in April, the lowest level since October 2024, due to a raft of factors ranging from US President Donald Trump's tariff policy to the Songkran holiday, said the Federation of Thai Industries (FTI).
Call for light touch on missed EV targets
Lamonphet Apisitniran, Published on 19/05/2025
» Electric vehicle (EV) manufacturers in Thailand are calling on the government to maintain subsidies and cancel fines for those failing to meet state production targets as the automotive industry slows to a crawl.
SET has stabilised, says Pichai
Wichit Chantanusornsiri, Published on 18/05/2025
» The Thai stock market has now stabilised and there is no need for additional measures to stimulate it, Finance Minister Pichai Chunhavajira said.
FPT Deepens Thai Partnerships to Drive Digital Transformation
Published on 17/05/2025
» Bangkok, May 2025 — Global IT firm FPT Corporation (FPT) has formed strategic partnerships with two of Thailand’s leading enterprises—Sunline and Buzzebees—underscoring the deepening technological and business collaboration between the two nations amid their shared momentum in digital economic growth. The event took place during the official visit of Thailand’s Prime Minister H.E. Paetongtarn Shinawatra – her first official visit to Vietnam since taking office in August 2024.