Showing 1 - 10 of 1,349
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
DUP/Index drops to a 7-month low in May
Business, Phusadee Arunmas, Published on 14/06/2024
» The consumer confidence index (CCI) reached its lowest point in seven months in May, with the decline attributed to political uncertainty, a slow rate of economic recovery, higher living costs, and mounting geopolitical tensions, according to a survey carried out by the University of the Thai Chamber of Commerce (UTCC).
Asian shares advance on rate-cut optimism
Business, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
Premium cars cannot avoid plunge in sales
Business, Lamonphet Apisitniran, Published on 08/06/2024
» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).
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).
Shrinkflation unpacked
Business, Phusadee Arunmas, Published on 06/06/2024
» As manufacturers across various industries seek to cope with rising production costs, many are turning to "shrinkflation" to survive.
Group predicts more factory closures
Business, Lamonphet Apisitniran, Published on 06/06/2024
» Factory shutdowns are expected to gradually increase after 1,600 to 1,700 already shuttered earlier this year because of the economic slowdown, merger plans or rising operating costs, says the Federation of Thai Industries (FTI).
Producers maintain motorcycle output target
Business, Lamonphet Apisitniran, Published on 04/06/2024
» Thailand's motorcycle manufacturing output is expected to reach its target of 2.12 million units this year despite a decrease in production during the first four months of 2024, says the Federation of Thai Industries (FTI).
Loxley unit says upcountry stores may suffer amid dip
Business, Kuakul Mornkum, Published on 01/06/2024
» Thailand's economic downturn could cause some retail stores in the provinces to shutter, according to Loxley Trading, a consumer goods distribution arm of trading conglomerate Loxley Plc.
Asian shares recover on hopes for policy support
Business, Published on 01/06/2024
» RECAP: Asian stocks recovered on Friday after a three-day selling streak, boosted by a decline in US Treasury yields and weakness in the dollar amid optimism for more policy support after disappointing economic data from the US, China and Japan.