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Search Result for “factory closures”

Showing 1 - 10 of 216

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GENERAL

Edging away from conflict

Business, Published on 22/09/2025

» The ongoing border dispute between Thailand and Cambodia is having a notable economic effect on both nations and their investors, which may cause foreign investors to re-evaluate their business strategies, particularly the Thailand Plus One model that allows them to leverage Thailand's robust infrastructure while taking advantage of lower labour costs in neighbouring countries, such as Cambodia.

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LIFE

Compact EV battle

Life, Published on 04/08/2025

» The Munich Motor Show in September will host a raft of debuts from Polestar, Renault, Skoda, Volkswagen and others. As well as the launches of the new BMW iX3 and electric Mercedes GLC, a key focus will be on the much-anticipated new wave of small EVs.

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GENERAL

National Economic and Social Development Council revises GDP forecast

News, Post Reporters, Published on 07/07/2025

» The National Economic and Social Development Council (NESDC) will revise its GDP forecast for 2025 as the reciprocal tariff negotiations with the United States have yet to yield any results.

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GENERAL

Thai business closures rise 8.3% in first four months

Online Reporters, Published on 29/05/2025

» A total of 3,921 businesses in Thailand ceased operations in the first four months of 2025, an increase of 8.3% compared to the same period last year, according to the Department of Business Development.

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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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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.

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GENERAL

Thailand vows crackdown on false claims of origin in US exports

Bloomberg News, Published on 11/04/2025

» Thai authorities will step up a crackdown on the practice of foreign companies circumventing high US tariffs by claiming false certificates of origin as it prepares for negotiations with the Trump administration to secure relief from a 36% tariff hit.

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GENERAL

Thailand says US tariff talks to factor in high Chinese levy

Published on 10/04/2025

» Thailand’s tariff talks with the Trump administration will factor in the impact of the high taxes slapped on China as local producers fret over the risk of an increase in the influx of cheap imports from the Asian neighbour, according to officials.

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GENERAL

Parliament holds urgent debate as US tariff takes effect

Bloomberg News, Published on 09/04/2025

» The parliament held an urgent debate on the fallout of the 36% US levy on Thailand's exports as lawmakers expressed concern about the long-term impact of the tariff on the trade-reliant nation's economy.

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MOTORING

Thai auto sector urged to brace for impact of US tariffs

Business, Somruedi Banchongduang, Published on 27/03/2025

» The local automotive industry must prepare for the impact of US reciprocal tariff measures set to take effect next month, which could pile further pressure on the sector, according to Kasikorn Research Center (K-Research).