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BUSINESS

Car producers still optimistic for 2022

Business, Lamonphet Apisitniran, Published on 10/01/2022

» Tourism was not the only industry relieved when Thailand reopened its borders to foreigners on Nov 1 last year, with automakers also applauding the move to welcome back international visitors.

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BUSINESS

Industrial GDP growth put at 2.5-3.5%

Business, Lamonphet Apisitniran, Published on 05/01/2022

» GDP growth in the Thai industrial sector is estimated at 2.5-3.5% in 2022, a drop from 3-4% last year, due to a mix of factors, including the impact of the Omicron Covid-19 variant currently spreading across continents, says the Office of Industrial Economics (OIE).

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BUSINESS

Car exporters unfazed by Europe's woe

Business, Lamonphet Apisitniran, Published on 27/12/2021

» The spread of the Omicron variant across Europe will not have a serious impact on car exports from Thailand as the continent is not a major market, says the Federation of Thai Industries (FTI).

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BUSINESS

Brighter outlook helps car producers

Business, Lamonphet Apisitniran, Published on 22/12/2021

» Domestic car manufacturing is expected to exceed its target of 1.6 million units this year, thanks to the reopening of the country and greater consumer confidence, says the Federation of Thai Industries (FTI).

BUSINESS

Sentiment registers eight-month high in November

Business, Lamonphet Apisitniran, Published on 08/12/2021

» The Thailand Industry Sentiment Index (TISI) in November rose to 85.4 points, the highest in eight months, as the reopening of the country, ongoing stimulus packages and export expansion boosted confidence among large and small manufacturers, says the Federation of Thai Industries (FTI).

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BUSINESS

FTI members worried about operating costs

Business, Lamonphet Apisitniran, Published on 02/12/2021

» Manufacturing costs are estimated to increase by 10-20% in the next 3-6 months mainly because of higher energy prices, according to the Federation of Thai Industries (FTI).

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BUSINESS

Automakers fret over Covid variant

Business, Lamonphet Apisitniran, Published on 01/12/2021

» The spread of new Covid-19 variant Omicron brings a fresh concern to automakers as they open Thailand International Motor Expo on Wednesday, hoping to promote the electric vehicle (EV) era in the country.

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BUSINESS

Shippers expect year-end orders to beef up exports

Business, Lamonphet Apisitniran, Published on 24/11/2021

» More goods purchase orders from abroad during year-end festivals are expected to help increase export value by 15-16% to US$266-268 million this year, says the Federation of Thai Industries (FTI).

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BUSINESS

Honda mulls building EV battery plant

Business, Lamonphet Apisitniran, Published on 20/11/2021

» Honda Automobile (Thailand) is considering building an electric vehicle (EV) battery factory in Thailand to serve the country's fledging EV industry.

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BUSINESS

Car makers upbeat on annual export target

Business, Lamonphet Apisitniran, Published on 19/11/2021

» Car exports in October grew by 14.3% year-on-year -- the highest in seven months -- to 81,577 units, impressing automakers with a chance to see exports rise to 870,000 units beyond the 2021 target, says the Federation of Thai Industries (FTI).