Showing 1 - 7 of 7
Concerns over decline in steel consumption
Business, Lamonphet Apisitniran, Published on 07/06/2024
» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).
FTI wary of conflict's impact on border trade
Business, Lamonphet Apisitniran, Published on 11/04/2024
» Recent armed conflict in Myanmar is causing concern over a possible further decline in border trade near Tak's Mae Sot district and a spike in illegal workers from Myanmar in Thailand, says the Federation of Thai Industries (FTI).
MPI declines for 17th month in a row
Business, Lamonphet Apisitniran, Published on 29/03/2024
» Thailand's Manufacturing Production Index (MPI) dipped for a 17th consecutive month in February, falling by 2.8% year-on-year to 99.2 points, as a result of lower manufacturing in key areas like the automotive industry, says the Office of Industrial Economics (OIE).
Krungsri Auto expects flat growth
Business, Lamonphet Apisitniran, Published on 13/03/2024
» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.
Pickup sales plunge by more than 43%
Business, Lamonphet Apisitniran, Published on 23/02/2024
» Domestic sales of pickups remained sluggish in January, plummeting more than 43% year-on-year, as banks remain cautious in granting auto loans, says the Federation of Thai Industries (FTI).
KCar predicts sluggish market this year
Business, Lamonphet Apisitniran, Published on 26/01/2024
» Krungthai Car Rent & Lease Plc (KCar) expects the second-hand car and car rental markets to slow as loans remain difficult to obtain from financial institutions.
Warning over car sales
Business, Lamonphet Apisitniran, Published on 01/08/2023
» A possible delay in forming a new government could deal a blow to the Thai automotive industry, which has already experienced sluggish car sales in the domestic market during the first half of this year.