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Search Result for “LENDING”

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BUSINESS

Mercedes-Benz accelerates shift to EVs

Business, Lamonphet Apisitniran, Published on 04/02/2026

» Mercedes-Benz (Thailand) expects the domestic electric vehicle (EV) market to gain momentum under the government's new car tax policy set to take effect in 2026, aimed at promoting cleaner energy.

BUSINESS

Thai Honda debuts local electric motorcycle model

Lamonphet Apisitniran, Published on 10/01/2026

» Thai Honda, a leading manufacturer and distributor of motorcycles and multipurpose engines, has unveiled its first electric motorcycle in Thailand, marking a major step in the company's strategy and positioning the country as a key export hub.

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.

BUSINESS

Car exports decline 12%

Lamonphet Apisitniran, Published on 23/12/2025

» Thailand's car exports dropped 12% year-on-year between January and November to 78,692 units, as internal combustion engine (ICE) vehicles lost ground in overseas markets amid growing competition, according to the Federation of Thai Industries (FTI).

BUSINESS

Riddara upbeat on battery-powered pickup outlook

Business, Lamonphet Apisitniran, Published on 09/12/2025

» Geely Riddara Thailand, the local arm of Chinese automaker Geely's electric pickup brand Riddara, expects battery-powered pickups to gain traction in the Thai market, despite economic headwinds and financing hurdles.

BUSINESS

Motorcycle sales set to stay sluggish amid lending lag

Lamonphet Apisitniran, Published on 06/11/2025

» The Thai motorcycle market is expected to remain sluggish through the final quarter of this year, with low motorcycle loans among the factors dealing a blow to domestic sales, says Thai Yamaha Motor, the distributor of Yamaha motorcycles.

BUSINESS

Measures seen spurring motorcycle sales in Q4

Business, Lamonphet Apisitniran, Published on 08/10/2025

» Thailand's motorcycle market should record more sales in the final quarter of this year thanks to government stimulus measures that are expected to increase consumer purchasing power and lift business confidence, says Thai Honda, a manufacturer and distributor of motorcycles and multi-purpose engines.

BUSINESS

Suzuki eschews battery EVs for hybrid, fuel cells

Business, Lamonphet Apisitniran, Published on 26/09/2025

» Suzuki Motor Corporation has shunned investment in battery electric vehicle production despite growing demand for BEVs, focusing instead on alternative technologies to make cars more environmentally friendly.

BUSINESS

Car production suffers sharp downturn

Business, Lamonphet Apisitniran, Published on 26/08/2025

» The Thai automotive industry has remained sluggish so far in 2025 as total car production fell by 5.73% year-on-year during the first seven months, affecting employment among car manufacturing plants, says the Federation of Thai Industries (FTI).