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Search Result for “central banks”

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MOTORING

Car sales fall 20.5% in July amid debt, growth worries

Lamonphet Apisitniran, Published on 27/08/2024

» Domestic car sales remained sluggish in July with a year-on-year drop of 20.5%, attributed to high levels of household debt and slow economic growth, says the Federation of Thai Industries (FTI).

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MOTORING

Ford requests help for combustion engine segment

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Ford Thailand is requesting the government step up efforts to help companies in the internal combustion engine (ICE) car segment, particularly motorcycle manufacturers, as they are not able to quickly adjust to the changes caused by the fast-growing electric vehicle (EV) market.

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GENERAL

Industry sees options to BoT spat

Business, Lamonphet Apisitniran, Published on 13/05/2024

» The government should seek more acceptable options to resolve its dispute with the Bank of Thailand over policy rates rather than attempt to curb the regulator's power, which is a contentious tactic, says Montri Mahaplerkpong, vice-chairman of the Federation of Thai Industries.

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GENERAL

Industrialists join rate-cut chorus

Lamonphet Apisitniran, Published on 07/05/2024

» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).

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MOTORING

EV sales rise at motor show

Business, Lamonphet Apisitniran, Published on 02/04/2024

» Bookings for electric vehicles (EVs) are expected to keep growing throughout the Bangkok International Motor Show, thanks to the launch of new EV models and sales promotion campaigns, says the Federation of Thai Industries (FTI).

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GENERAL

Bank of Thailand pushed to better regulate bank rates

Business, Lamonphet Apisitniran, Published on 03/02/2024

» Companies under the Federation of Thai Industries (FTI) are calling on the Bank of Thailand (BoT) to better regulate commercial banks' interest rates as increasing financial costs are threatening to slow investment.

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GENERAL

Volvo prepares EV repair business

Business, Lamonphet Apisitniran, Published on 22/01/2024

» Volvo Cars (Thailand) plans to invest in the electric vehicle battery repair and recycling business this year to serve the EV and plug-in hybrid EV (PHEV) market.

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MOTORING

Car exports heat up as local sales lag

Business, Lamonphet Apisitniran, Published on 24/11/2023

» Automotive exports from Thailand increased by 12.2% year-on-year to 105,726 units in October, driven by growing demand for pickups, especially in the Middle East, but domestic sales remained sluggish because of high household debt.

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MOTORING

FTI downgrades output target to 1.85m

Business, Lamonphet Apisitniran, Published on 25/10/2023

» A decline in domestic car sales has prompted the Federation of Thai Industries (FTI) to revise down the country's car manufacturing target to 1.85 million cars this year from 1.9 million.

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MOTORING

FTI downgrades car output target to 1.85m

Lamonphet Apisitniran, Published on 24/10/2023

» A decline in domestic car sales has prompted the Federation of Thai Industries (FTI) to revise down Thailand's car manufacturing target to 1.85 million cars this year from 1.9 million.