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Search Result for “corporate tax”

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BUSINESS

Great Wall carries the weight

Business, Piyachart Maikaew, Published on 02/03/2020

» Although General Motors' business here was not a market leader, Thailand was an important production hub for pickups, a segment in which the country ranks fifth globally for manufacturing.

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BUSINESS

Toyota anticipates decade of electric cars

Business, Piyachart Maikaew, Published on 12/11/2019

» Toyota Motor Corporation expects in the next decade people will gear up for sales of electrified vehicles, covering four categories: hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

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BUSINESS

Siam GS Battery kicks off $10m Myanmar plant

Business, Piyachart Maikaew, Published on 02/09/2019

» Siam GS Battery, an affiliate of Siam Motors Group, has started operation of a battery charging plant in Myanmar with an investment of US$10 million, expecting to serve rapid growth of auto sales in that country.

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THAILAND

FOMM Asia first to win BoI perks to make battery EVs

Business, Piyachart Maikaew, Published on 10/10/2018

» Thai-Japan joint venture FOMM Asia Co is the first carmaker under the government's electric vehicle (EV) scheme to win Board of Investment (BoI) incentives to manufacture battery EVs, as other makers have joined hybrid and plug-in hybrid EV schemes.

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BUSINESS

Harley-Davidson brushes aside Trump gripes

Business, Piyachart Maikaew, Published on 08/10/2018

» In a clear sign that iconic big-bike maker Harley-Davidson Motor Co is still optimistic about overseas operations despite objections from US President Donald Trump, the company chose Rayong for its fourth foreign assembly plant.

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BUSINESS

Uttama says no to EV sales subsidies

Business, Piyachart Maikaew, Published on 12/07/2018

» Financial subsidies for electric vehicles (EVs) are not necessary for Thai buyers and the government is confident an excise tax discount is enough to stimulate EV purchases here, says Industry Minister Uttama Savanayana.

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BUSINESS

Sa Kaeo SEZ set for December

Business, Piyachart Maikaew, Published on 21/05/2018

» Sa Kaeo Industrial Estate is poised to become the first project to commence under the government's special economic zone (SEZ) initiative, with operations expected to start in December, says the Industrial Estate Authority of Thailand (IEAT).

BUSINESS

Italthai confident in construction

Business, Piyachart Maikaew, Published on 16/03/2018

» Italthai Industrial Co, an importer and distributor of heavy machinery under Italthai Group, expects 30-40% revenue growth to 3.8-4 billion baht in 2018 as the number of construction projects rises.

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BUSINESS

Toyota to drive Thai hybrid hub

Business, Piyachart Maikaew, Published on 21/07/2017

» Japanese car giant Toyota pledges to produce a large number of hybrid electric vehicles (HEVs) in Thailand in a bid to make the country its emerging-market production hub.

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BUSINESS

Praise for EV promotion policy

Business, Piyachart Maikaew, Published on 11/07/2017

» Research firm LMC Automotive is hailing the government's policy to promote local production of electric vehicles (EVs), saying the initiative will help create strengths and opportunities for Thailand's automotive industry and maintain Asean's strategic edge as a vehicle production hub in the long run.