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Search Result for “car market”

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GENERAL

Nippon Steel units seeking BoI support

Business, Post Reporters, Published on 30/08/2024

» Thai steel manufacturers G Steel and GJ Steel are seeking investment incentives from the Board of Investment (BoI) to support a development worth 4.5 billion baht that aims to address the pressing challenges faced in the local steel market while producing fewer carbon dioxide emissions.

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GENERAL

Back to square one?

Business, Post Reporters, Published on 19/08/2024

» After the Constitutional Court brought an end to the government of Prime Minster Srettha Thavisin, the House of Representatives voted for Paetongtarn Shinawatra, the Pheu Thai Party's leader and daughter of former premier Thaksin Shinawatra, to take the role just two days later.

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THAILAND

DLT to investigate Chinese transport sector 'dominance'

News, Post Reporters, Published on 14/08/2024

» The Department of Land Transport (DLT) on Tuesday played down media reports of Chinese companies increasingly dominating the domestic transport sector through takeovers of struggling Thai transport businesses, saying licences granted to one business could not be transferred to another even in a takeover.

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MOTORING

Hyundai Mobility to churn out BEVs, batteries by 2026

Post Reporters, Published on 09/08/2024

» South Korea-based Hyundai Mobility Manufacturing (Thailand) plans to make battery electric vehicles (BEVs) and batteries in Thailand by 2026 after its 1-billion-baht project was approved by the Board of Investment (BOI).

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GENERAL

Joined at the hip

Business, Post Reporters, Published on 22/01/2024

» The Thai tourism industry posted a disappointing result in terms of arrivals from China last year, recording only 3.5 million visitors, falling far short of the original goal of 5-7 million.

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GENERAL

CEOs voice concerns for 2024

Business, Post Reporters, Published on 02/01/2024

» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.

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MOTORING

The slow transition to an EV hub

Post Reporters, Published on 06/11/2023

» As the government increases efforts to build a low-carbon society, the infrastructure promoting the use of fossil fuels and manufacturing of vehicles with internal combustion engines (ICE) has become an issue.

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MOTORING

Thailand EV sales shatter forecasts

Business, Post Reporters, Published on 30/09/2023

» We have revised our electric vehicle (EV) sales forecast for Thailand substantially higher in light of a much better than expected first-half performance, with EV sales totalling 49,319, exceeding our original full-year outlook.

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GENERAL

Banking on the mainland

Business, Post Reporters, Published on 07/08/2023

» When China announced the country's surprise reopening in January, every business sector in Thailand responded enthusiastically to the news, particularly the tourism industry, which earned more than 530 billion baht from Chinese visitors in 2019.

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GENERAL

Govt looks to boost trade with Malaysia

Post Reporters, Published on 25/07/2023

» Trade between Thailand and Malaysia is expected to grow by at least 1.02 trillion baht by 2025, according to deputy government spokesperson Rachada Dhnadirek.