Showing 1 - 10 of 1,733
Stocks fall as US tariff news sinks in
Business, Published on 02/08/2025
» RECAP: A global stock sell-off extended to a sixth day as US President Donald Trump boosted tariffs across the world, while two days of solid earnings from megacap tech firms failed to lift sentiment.
Tax shift props up the auto industry
Wichit Chantanusornsiri, Published on 02/08/2025
» Former prime minister Thaksin Shinawatra said during a recent conference that the government should impose a high excise tax on imported electric vehicles (EVs) that use a low proportion of local content.
Commerce Ministry Boosts Exports Amid US Tariff Pressures
Published on 01/08/2025
» The Ministry of Commerce, through the Department of International Trade Promotion (DITP), is accelerating efforts to expand export markets in response to US tariff measures by hosting the “Thailand – Global Connect: Seeking New Opportunities Amidst Global Trade Challenges” business matching event. The initiative brought together 156 Thai companies and 135 importers from 29 countries, resulting in over 700 trade negotiations conducted both online and onsite. The event is expected to generate approximately 800 million baht in trade value.
Thai GDP growth set to slow in Q3
Business, Somruedi Banchongduang, Published on 01/08/2025
» The Bank of Thailand expects the Thai economy to start slowing in the third quarter this year, following flat growth in the second quarter.
HSBC touts Indian wedding tourism
Business, Somruedi Banchongduang, Published on 31/07/2025
» Wedding tourism presents a significant opportunity to attract foreign direct investment (FDI) from India into Thailand, given the strong business ties between the two countries, according to HSBC.
Thailand eases output requirements for EV makers
Published on 30/07/2025
» Thailand has adjusted its electric vehicle incentive policy to give carmakers more flexibility to meet production requirements and boost exports, amid tepid domestic demand and intense competition as Chinese brands flood the local market.
MAHLE Champions Technology Diversity to Accelerate Decarbonisation
Published on 30/07/2025
» Bangkok, July 29, 2025 — Technology diversity is and remains the strategic approach of MAHLE and the most promising way to reduce greenhouse gas emissions rapidly and effectively. In view of the sluggish ramp-up of e-mobility, MAHLE considers that it is necessary to offer other types of electrification such as hybrid vehicles or range extenders in addition to pure battery-electric vehicles and for politicians to make these options possible. At the MAHLE Tech Day in Stuttgart, CEO Arnd Franz called for the rapid revision of carbon dioxide legislation in Europe to take into account sustainable internal combustion engines and climate-neutral fuels. “As a supplier, we need technology neutrality in legislation. So that we can make rapid progress with climate protection. So that the expertise and innovative strength of the European automotive industry can continue to flourish in Europe. So that jobs remain in Europe and Europe’s economy can recover its old strength.” In a volatile and extremely challenging business environment, the automotive supplier is focusing even more strongly on efficiency improvements – not only with respect to its products but also in its business processes with a view to further strengthening its competitiveness and resilience. At IAA Mobility in Munich, MAHLE is showcasing technologies for accelerating electrification and reducing CO2 emissions in road traffic. IAA Mobility is being held from September 9 to 14, 2025, and the MAHLE stand is located in Hall A1.
Europe's carmakers still nervous despite EU-US trade deal
AFP, Published on 29/07/2025
» PARIS - Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the struggling German sector, remain deeply worried about the long-term impact.
Tax rejig favours EVs with more local parts
Business, Wichit Chantanusornsiri, Published on 28/07/2025
» The Excise Department is preparing to adjust the excise tax structure for automobiles, linking it to the use of local content.
Board of Investment sees 139% rise in applications in first half
Business, Lamonphet Apisitniran, Published on 25/07/2025
» Applications for investment promotion incentives in the first half of 2025 increased by 139% year-on-year to a record 1.06 trillion baht, led by investment in the digital sector, says the Board of Investment (BoI).