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Search Result for “VAT increase”

Showing 1 - 10 of 975

BUSINESS

Call for fuel tax cut as crisis mounts

Business, Lamonphet Apisitniran, Published on 31/03/2026

» The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.

BUSINESS

Plastic packaging at risk as war hits crucial raw material supplies

Business, Lamonphet Apisitniran, Published on 23/03/2026

» Packaging may be the next industry to bear the brunt of petrochemical supply disruptions if the Israel-US war on Iran does not abate, says Veera Kwanloetchit, a director of the Public Private Partnership for Sustainable Plastic and Waste Management.

BUSINESS

Call for urgent action to tackle rural oil shortage

Business, Lamonphet Apisitniran, Published on 19/03/2026

» The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.

BUSINESS

Battery shortage hits Toyota's EV production

Lamonphet Apisitniran, Published on 18/03/2026

» Japanese carmaker Toyota is confronting mounting challenges from a global shortage of batteries, a setback that has slowed production of several hybrid electric vehicle (HEV) models.

BUSINESS

Geely Riddara explores Thai EV pickup production

Lamonphet Apisitniran, Published on 26/02/2026

» Geely Riddara Thailand, the local arm of Chinese automaker Geely's electric pickup brand Riddara, is exploring plans to establish an electric vehicle (EV) factory in Thailand, aiming to capitalise on the country's growing EV market.

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

FTI eyes 1.5m auto units as domestic demand increases

Lamonphet Apisitniran, Published on 29/01/2026

» The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

BUSINESS

SCGD invests B599mn in Vietnam plant

Business, Lamonphet Apisitniran, Published on 28/01/2026

» SCG Décor Plc (SCGD), a seller of decorative surfaces and bathroom products, is set to invest 599 million baht to expand production of glazed porcelain tiles at its factory in Vietnam, aiming to capture rising global demand despite Thailand's sluggish economy.

BUSINESS

Applications to Board of Investment hit B1.87tn in 2025

Business, Lamonphet Apisitniran, Published on 27/01/2026

» Investment applications submitted to the Board of Investment (BOI) in 2025 soared to 1.87 trillion baht across 3,370 projects, marking a substantial 67% increase in value and an 11% increase in the number of projects compared to 2024.

BUSINESS

Rocky year eyed for auto parts makers

Business, Lamonphet Apisitniran, Published on 19/01/2026

» Thai auto parts makers could face a rough 2026 as Mexico, a key car assembler, now imposes tariffs on goods, including car components, from countries without free trade agreements (FTAs).