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Search Result for “EVs”

Showing 1 - 10 of 13

BUSINESS

Chinese EV maker Neta woes pose threat to Thai car dealers

Nareerat Wiriyapong, Published on 09/06/2025

» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).

BUSINESS

Auto output could hit 14-year low

Business, Nareerat Wiriyapong, Published on 01/07/2024

» Thailand’s automotive production could plunge to a 14-year low this year, excluding the pandemic years of 2020-22, dipping to 1.65 million units, though monthly production is expected to start improving slowly in the fourth quarter, says Krungsri Securities (KS).

BUSINESS

Delta bets on hot tech sectors

Business, Nareerat Wiriyapong, Published on 29/06/2024

» As global electronics demand is projected to pick up in the second half of 2024 following inventory destocking, Delta Electronics (Thailand) expects to be a beneficiary thanks to its product mix, continued expansion and geopolitical diversification.

BUSINESS

Analysts trim growth for this year and next

Business, Nareerat Wiriyapong, Published on 04/05/2024

» Analysts are downgrading GDP growth estimates for this year and next as the export outlook turns patchy, the manufacturing slump deepens, the tourism recovery is uneven and the likelihood of interest rate cuts by the Bank of Thailand this year seems limited.

BUSINESS

Delta lays out investment plans

Business, Nareerat Wiriyapong, Published on 13/03/2024

» Delta Electronics (Thailand), the country's largest electronics company by market capitalisation, is set to invest between US$500 million and $1 billion to expand its manufacturing and R&D capacity over a five-year period, with the majority to be allocated to Thailand, says chief executive Victor Cheng.

BUSINESS

Insurance expected to flourish driven by auto, health policies

Business, Nareerat Wiriyapong, Published on 20/02/2024

» The insurance industry could outstrip the Thai economy in terms of growth this year, thanks mainly to health and auto policies, as there are headwinds that could pose risks to the country's GDP outlook, leading insurance executives say.

BUSINESS

MGC-Asia morphs into a lifestyle mobility company

Business, Nareerat Wiriyapong, Published on 10/06/2023

» SET-listed auto retailer Millennium Group Corporation (MGC-Asia) is no stranger to business diversification.

BUSINESS

Axa predicts substantial revenue growth

Business, Nareerat Wiriyapong, Published on 07/12/2022

» Axa Insurance Plc, a Thai unit of the France-based global insurer Axa Group, aims to increase its revenue to 5.2 billion baht in 2023, up from an estimated 4.8 billion this year, by focusing on new products and expanding ties with strategic partners.

BUSINESS

On the right road

Asia focus, Nareerat Wiriyapong, Published on 13/12/2021

» Isao Sekiguchi loves travelling. Having been based in Thailand since April, the regional executive of Japan's Nissan Motor is now starting to explore the Land of Smiles during the high tourism season.

BUSINESS

Hands-on for success

Asia focus, Nareerat Wiriyapong, Published on 24/05/2021

» As the top executive in charge of the fast-growing Asean, India and Australia-New Zealand markets of Delta Electronics, Jackie Chang is entirely occupied with work on weekdays.