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Search Result for “factories”

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OPINION

Thai climate ambitions face trade heat

News, Published on 28/05/2025

» Early last month, the US announced plans to impose a reciprocal tariff rate of 36% on goods originating from Thailand due to a trade deficit. This set off alarm bells between Thai policymakers and export-oriented business sectors. So, efforts are underway to negotiate a deal that would safeguard Thailand's highly fruitful trade relationship with the US.

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WORLD

Ukraine confirmed Chinese supplies to 20 Russian military plants: intelligence chief

Published on 26/05/2025

» KYIV - Ukraine has confirmed information that China is supplying a range of important products to Russian military plants, the chief of Ukrainian foreign intelligence was quoted on Monday as saying.

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MOTORING

Inoue Rubber eyes 5% revenue uptick

Lamonphet Apisitniran, Published on 26/05/2025

» SET-listed rubber auto parts manufacturer Inoue Rubber Thailand expects revenue to increase by 5% this year, driven by demand for premium motorcycle tyres during a 90-day pause in Washington's reciprocal tariffs.

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GENERAL

Is Trump’s ‘Made in America’ iPhone a fantasy?

Published on 24/05/2025

» SAN FRANCISCO — US President Donald Trump went on the offensive against Apple on Friday, demanding that the company begin making iPhones in the United States or pay tariffs of at least 25% on its iPhones made abroad.

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MOTORING

Nissan job cuts to cost additional $418 million

Bloomberg News, Published on 23/05/2025

» Nissan Motor Co has said job cuts it announced as part of a broader restructuring at the company could cost an additional ¥60 billion (US$418 million) this fiscal year.

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PROPERTY

Developers suffer in Q1 amid stagnant economy

Business, Kanana Katharangsiporn, Published on 22/05/2025

» Nearly all Stock Exchange of Thailand (SET)-listed residential developers with quarterly revenue of at least 2.5 billion baht reported year-on-year declines in both revenue and net profit in the first quarter, mainly due to the economic slowdown and higher mortgage loan rejection rates.

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THAILAND

Unsafe heavy-metal levels in 3 northernmost rivers

Apinya Wipatayotin, Published on 21/05/2025

» Unsafe heavy-metal levels have been detected in the Kok, Mekong and Sai rivers in the northernmost provinces of Chiang Mai and Chiang Rai. 

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PROPERTY

Sena enters into industrial sector

Kanana Katharangsiporn, Published on 21/05/2025

» SET-listed developer Sena Development is venturing into the industrial sector amid a residential market downturn, partnering with Japan's Mitsubishi Logistics Corp to develop rental warehouses and factories on Bang Na-Trat KM 23.

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THAILAND

DIPROM Drives Hero Brand Growth in Cosmetics Sector

Published on 20/05/2025

» Bangkok, May 2025 – The Department of Industrial Promotion (DIPROM) is advancing its mission to develop “Hero Brands” in Thailand’s cosmetics industry as part of a broader strategy to promote Thai fashion soft power. Implemented through the initiative “Brand and Product Image Development Towards Fashion Hero Brands in the Thai Cosmetics and Beauty Industry”, the programme focuses on enhancing brand-building skills, offering in-depth consultations, and transforming local wisdom into creative cultural assets. The goal is to equip Thai brands with a modern, distinctive, and valuable identity to meet global market demand—an effort expected to generate more than THB 62 million in economic value.

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MOTORING

Honda to scale back on EVs, Nissan plans workforce reduction

Reuters, Published on 20/05/2025

» TOKYO — Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles (EVs) given slowing demand and would be focusing on capturing growing demand for hybrids with new models.