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GENERAL

Group seeks gain from US-China trade war

Business, Lamonphet Apisitniran, Published on 23/05/2024

» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).

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MOTORING

Chinese EV makers fear price war

Lamonphet Apisitniran, Published on 26/03/2024

» Some major Chinese electric vehicle manufacturers are reportedly planning to ask Beijing to prevent a “price war” among Chinese automakers in overseas EV markets, including Thailand, aiming to maintain a good image in the industry.

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MOTORING

Producers want to extend EV incentives

Business, Lamonphet Apisitniran, Published on 31/10/2023

» Global car makers are calling on the government to extend the electric vehicle (EV) incentive package slated to end on Dec 31 for at least another six months to ease concerns over the price difference between locally made EVs and imported units.

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GENERAL

Employers urge new debt measures

Business, Lamonphet Apisitniran, Published on 15/09/2023

» The new government should speed up efforts to reduce high household debt and help middle-income earners, not only farmers, as the former are also shouldering huge financial burdens, says the Employers' Confederation of Thai Trade and Industry (EconThai).

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MOTORING

Chinese EV producer to set up Thai plant

Lamonphet Apisitniran, Published on 04/09/2023

» Omoda & Jaecoo International Co, a subsidiary of China's state-owned automobile manufacturer Chery International, plans to apply for Board of Investment (BoI) privileges to set up an electric vehicle (EV) production base in Thailand.

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MOTORING

Topbest constructing B3bn factory for trucks, buses

Business, Lamonphet Apisitniran, Published on 01/08/2023

» Topbest Co, the importer of commercial vehicles from Munich-based MAN Truck & Bus, is constructing a 3-billion-baht factory to assemble vehicles for the German firm and strengthen its brand in Thailand.

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BUSINESS

Skills-based compensation mooted

Business, Lamonphet Apisitniran, Published on 17/07/2023

» Pledges to hike the daily minimum wage made by major political parties during their election campaigns raised the hopes of blue-collar workers, but sparked grave concerns among businesses.

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BUSINESS

FTI holds breath on amended tariff rate

Business, Lamonphet Apisitniran, Published on 21/04/2023

» The Federation of Thai Industries (FTI) remains hopeful a last-minute cut to the new power tariff, slated to take effect in less than two weeks, can help businesses and households cope with energy bills as authorities meet on Friday to review the rate.

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BUSINESS

Sugar enjoying a boost in popularity

Business, Lamonphet Apisitniran, Published on 14/04/2023

» The hot season and recovery of the tourism sector are increasing demand for sugar as people buy more food and beverages.

BUSINESS

Borneo Technical upbeat on revenue outlook this year

Business, Lamonphet Apisitniran, Published on 21/03/2023

» Borneo Technical (Thailand), an importer and distributor of industrial and automotive products, aims to benefit from the entry of more Chinese electric vehicle (EV) makers into Thailand, increasing revenue by 10-15% this year to 3.5 billion baht.