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Search Result for “tourism recovery”

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GENERAL

Motorcycle manufacturing output decline set to persist

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Thailand's motorcycle manufacturing output will continue to decelerate in the second half of this year amid the high level of household debt and the weak economy, says the Federation of Thai Industries (FTI).

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MOTORING

Ford requests help for combustion engine segment

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Ford Thailand is requesting the government step up efforts to help companies in the internal combustion engine (ICE) car segment, particularly motorcycle manufacturers, as they are not able to quickly adjust to the changes caused by the fast-growing electric vehicle (EV) market.

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MOTORING

New calculation seen likely to boost MPI

Business, Lamonphet Apisitniran, Published on 01/08/2024

» The Manufacturing Production Index (MPI) is expected to increase in the second half of this year if four growing industries -- solar panels, solid state technology, smart electronics and electric vehicles -- are included in the MPI calculation, says the Office of Industrial Economics (OIE).

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GENERAL

Manufacturing stagnant amid growing climate risks

Business, Lamonphet Apisitniran, Published on 31/05/2024

» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).

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GENERAL

Industrialists join rate-cut chorus

Lamonphet Apisitniran, Published on 07/05/2024

» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).

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GENERAL

Grim outlook for Thai steelmakers

Business, Lamonphet Apisitniran, Published on 07/05/2024

» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.

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GENERAL

SCG tracking events in the Middle East

Business, Lamonphet Apisitniran, Published on 26/04/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its energy and operating costs as well as expenses for raw materials to increase if conflicts in the Middle East escalate.

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GENERAL

SCGP takes measures to reduce risk

Business, Lamonphet Apisitniran, Published on 24/04/2024

» SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, is concerned about the effects of geopolitical conflicts, especially in the Middle East, on energy prices, including oil and coal.

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MOTORING

Ducati to use Thailand as an export hub

Lamonphet Apisitniran, Published on 17/04/2024

» Italian big bike manufacturer Ducati Motor Holding aims to make Thailand one of its export hubs after opening a new factory in Rayong, its first production facility in Asia.

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GENERAL

Construction boom to drive machinery sales

Business, Lamonphet Apisitniran, Published on 09/04/2024

» Heavy machinery sales are expected to rise by 5% this year, driven by the growth of the construction sector, according to the latest estimate by Chinese manufacturer LiuGong Machinery.