Showing 1 - 10 of 10
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Thailand's EV makers seek to renegotiate govt incentives as sales slow
Reuters, Published on 11/09/2024
» As sales of electric vehicles (EVs) miss expectations in Southeast Asia's largest market, Thailand's main group of manufacturers, comprising large Chinese and Japanese firms, seeks to extend production deadlines set in a government scheme of incentives.
Srettha holds talks with Tesla chief Musk
Reuters, Published on 22/09/2023
» Prime Minister and Finance Minister Srettha Thavisin said on Thursday he held talks with Tesla chief Elon Musk during a visit to New York and they discussed the electric vehicle (EV) industry.
BoI approves enhanced incentives to boost EV use
Reuters, Published on 07/04/2022
» Thailand has expanded incentives to boost the use of electric vehicles (EVs), the Board of Investment said on Thursday, as the country looks to preserve its status as a major Southeast Asian auto production hub.
Govt extends investment incentives, eyeing B500bn in 2022
Reuters, Published on 20/12/2021
» The government on Monday extended an investment incentive scheme to try and bolster the country's economic recovery from the Covid-19 pandemic and said it expects more than 500 billion baht of investment pledges next year.
Malaysia sweetens tax incentives for companies to set up hubs
Reuters, Published on 08/10/2019
» KUALA LUMPUR: Malaysia said on Tuesday it would expand tax incentives for companies that use the country as a base for conducting their regional or global business.
Malaysia may extend tax breaks for key foreign investors: PM
Reuters, Published on 19/06/2018
» KUALA LUMPUR: Malaysia could extend new tax incentives for foreign investment in areas such as technology if companies promise to create better-paid jobs for Malaysians, Prime Minister Mahathir Mohamad said on Tuesday.
Bitcoin fever exposes crypto-market frailties
Reuters, Published on 14/12/2017
» LONDON/NEW YORK: As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.
India splurged $50 million on eight 'ghost' terminals
Business, Reuters, Published on 20/08/2015
» JAISALMER, India: Two-and-a-half years after the completion of a new $17 million terminal building, the airport in Jaisalmer, a small and remote desert city in India's western Rajasthan state, stands empty.
Auto-parts shares unwind gains from past year
Reuters, Published on 06/07/2015
» Thai auto-parts shares have unwound all the gains that they made in the past 12 months as heavily indebted households in Southeast Asia's second-biggest economy tightened their pursestrings and refrained from new purchases.