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BUSINESS

‘Recession’ a concern, says Thai business group

Lamonphet Apisitniran, Published on 07/01/2026

» Thailand’s economy is bracing for its weakest expansion in 30 years, with GDP growth projected at less than 2% in 2026, attributed to sluggish exports, high household debt and declining competitiveness in global markets, warns the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Manufacturers brace for tough 2026

Business, Lamonphet Apisitniran, Published on 01/01/2026

» Thailand's manufacturing sector is bracing for a difficult start to 2026, as political uncertainty, sluggish domestic demand and structural challenges continue to weigh on the economy.

PROPERTY

Industrial land sales miss target as investors run scared

Business, Lamonphet Apisitniran, Published on 25/12/2025

» The Industrial Estate Authority of Thailand (IEAT) has missed its land sales target for fiscal 2025, underscoring the impact of global trade tensions and domestic political uncertainty on investor confidence.

BUSINESS

Great Wall Motor to ramp up BEV output to 14,500

Business, Lamonphet Apisitniran, Published on 11/12/2025

» Chinese automaker Great Wall Motor (GWM) has announced plans to ramp up its annual production capacity of battery electric vehicles (BEVs) in Thailand to 14,500 units within the next two years, aligning with requirements under the government's EV incentive schemes.

BUSINESS

Prices of BEVs set to rise next year

Business, Lamonphet Apisitniran, Published on 10/12/2025

» The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Japanese firms pledge to maintain pickup capacity

Business, Lamonphet Apisitniran, Published on 02/12/2025

» Japanese automakers Isuzu and Toyota have vowed to maintain pickup manufacturing capacity in Thailand and continue purchasing auto parts, despite a sharp decline in domestic sales, aiming to shield parts suppliers from financial strain.

BUSINESS

Call for more help for flooding victims

Business, Lamonphet Apisitniran, Published on 02/12/2025

» The Employers' Confederation of Thai Trade and Industry (EconThai) has called on the government to introduce additional measures to restore businesses and households in flood-hit southern provinces, warning that existing financial relief alone will not be sufficient.

BUSINESS

Carmakers demand stimulus

Business, Lamonphet Apisitniran, Published on 29/11/2025

» The country's leading carmakers are pressing the government for stronger support measures as the Thailand International Motor Expo kicks off, warning that promises of higher sales alone are inadequate to shield the industry from mounting challenges, including the severe impact of floods in the South.

BUSINESS

Thai exports on course for double-digit growth this year

Business, Lamonphet Apisitniran, Published on 06/11/2025

» The improving global economy is expected to boost Thai exports by 9.5-10% this year, higher than previously estimated, but Thailand will not gain significantly from the growth, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Investment pledges soar 94% in first 9 months

Business, Lamonphet Apisitniran, Published on 30/10/2025

» Applications for investment promotion from January to September soared by 94% in value year-on-year to a combined 1.37 trillion baht, the highest level on record, says the Board of Investment (BoI).