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Search Result for “bab el-mandeb strait”

Showing 1 - 10 of 22

BUSINESS

Toyota to chat with authorities on oil, power

Lamonphet Apisitniran, Published on 06/04/2026

» Toyota Motor Thailand is preparing to hold talks with the new government on oil and electricity policies, as surging energy prices weigh heavily on consumers considering car purchases.

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

Oil turmoil speeds up Thailand's electric shift

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

» Banks and car buyers are increasingly shifting towards battery electric vehicles (BEVs) as surging oil prices, fuelled by Middle East tensions, reshape Thailand's auto market, says Ford Thailand.

BUSINESS

Middle East conflict delays auto exports to key market

Business, Lamonphet Apisitniran, Published on 25/03/2026

» Thailand's automotive industry is facing mounting pressure as the Israel-US war on Iran disrupts shipping routes through the Strait of Hormuz, delaying vehicle exports to the Middle East, says the Federation of Thai Industries (FTI).

BUSINESS

SCG halts olefins unit following Hormuz disruption

Business, Lamonphet Apisitniran, Published on 11/03/2026

» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.

BUSINESS

Egco seeks 4-5 fresh acquisitions in second half

Business, Lamonphet Apisitniran, Published on 07/07/2025

» SET-listed Electricity Generating (Egco), the power generation arm of Electricity Generating Authority of Thailand, continues to expand its business overseas with investment in a Taiwanese wind farm as it seeks to clinch an additional 4-5 merger and acquisition deals in the second half of this year.

BUSINESS

Thai business confidence slumps to 7-month low

Business, Lamonphet Apisitniran, Published on 19/06/2025

» The Thai Industries Sentiment Index (TISI) fell to 88.1 points in May, the lowest level in seven months, as business confidence remains low, partly attributed to the impact of new geopolitical conflicts on the economy, says the Federation of Thai Industries (FTI).

BUSINESS

Khon Kaen Sugar Industry Plc forecasts sugar price edging lower this year

Business, Lamonphet Apisitniran, Published on 21/06/2024

» Global sugar prices are expected to stand at US$0.22-23 per pound in 2024, only slightly lower than a range of 25-26 cents per pound in the first half of this year, which was the highest rate recorded in 12 years, according to Thai sugar producer Khon Kaen Sugar Industry Plc (KSL).

BUSINESS

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).

BUSINESS

EEC prepares for water shortages

Business, Lamonphet Apisitniran, Published on 30/04/2024

» A water shortage, caused by an El Niño-induced drought, in the Eastern Economic Corridor (EEC) could be avoided as water supplies have been prepared for factories to help them get through the dry season this year, says the Industrial Estate Authority of Thailand (IEAT).