Showing 11 - 20 of 7,249
Japan to create flood projection maps for Thailand, neighbours
Published on 26/05/2024
» Japan plans to create flood projection maps for Thailand, Indonesia, Cambodia and Vietnam to help mitigate the damage caused by water-related disasters in the countries, according to Japanese land ministry officials.
The high costs of new US tariffs on Chinese EVs
Published on 25/05/2024
» US President Joe Biden’s administration has just announced 100% tariffs on electric vehicles (EVs) manufactured in China, prompting Donald Trump to promise a 200% tariff on Chinese cars made in Mexico if he is elected in November. Neither policy would have notable effects on the US car market because imports of Chinese EVs are minuscule, owing to past tariffs and the anti-Chinese sentiment that has gripped the country in recent years. Nonetheless, the announcement is significant for three reasons.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
Securing Thailand's energy future
Oped, Published on 22/05/2024
» Since the 2021 military coup in Myanmar, foreign governments -- in particular the European Union and the United States, have issued travel bans and frozen the financial assets of corporate entities and individuals involved with the military regime. The most recent US financial sanction on the Myanmar Oil and Gas Enterprise (Moge), a major source of foreign currency revenue for the military government, which took effect in November 2023, is a potential risk to Thailand as it is reliant on gas from Myanmar for electricity generation.
IRPC bullish amid strong demand from overseas
Business, Yuthana Praiwan, Published on 21/05/2024
» IRPC Plc, the petrochemical arm of national oil and gas conglomerate PTT Plc, expects its business to improve this year, driven by overseas demand, especially from China, which will help the company move into the black, following two years of losses.
Thailand has escaped recession: economic body
Published on 20/05/2024
» The economy has avoided a technical recession, with the National Economic and Social Development Council (NESDC) reporting on Monday that the country’s economy in the first quarter still grew by 1.5% compared with the corresponding period last year.
Dexon to ramp up low season revenue
Business, Yuthana Praiwan, Published on 20/05/2024
» Dexon Technology, a Thai pipeline inspection company, plans to rack up revenue during the low season for power demand in the second half, when companies in the power and industrial sectors tend to slow operations.
Dry betel nut traders face new barriers
News, Assawin Pakkawan, Published on 17/05/2024
» Thai betel nut exporters are struggling with tariff barriers from India as well as the impact of the armed conflict between the Myanmar military and rebel forces.
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
Costumes at temples ignites trend
Business, Narumon Kasemsuk, Published on 15/05/2024
» Temples and palaces in Bangkok have attracted more foreign visitors, bolstered by the rising popularity of dressing in Thai costumes among Asian tourists, with a recent viral video clip showing groups of male travellers dressed in female attire.