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BUSINESS

Business leaders slash Thai growth forecast

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

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

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

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

$100m loan to help cut emissions at Thai industrial estates

Business, Lamonphet Apisitniran, Published on 12/02/2026

» The Industrial Estate Authority of Thailand (IEAT) has secured a $100-million loan from the World Bank to support projects to cut carbon dioxide emissions at industrial parks as well as trade carbon credits.

BUSINESS

Changan ramps up battery EV production in Thailand

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

» Chinese electric vehicle maker Changan Automobile is gearing up to launch the second phase of its battery electric vehicle (BEV) production in Thailand in the first quarter of 2026, reinforcing its ambitions in one of Southeast Asia's fastest‑growing EV markets.

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

Call for weaker baht to reverse car export slump

Business, Lamonphet Apisitniran, Published on 24/12/2025

» The Federation of Thai Industries (FTI) is upbeat about the Bank of Thailand's efforts to deal with baht appreciation to prevent direct and indirect impacts to the auto industry, which is grappling with sluggish sales.

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

Industrial confidence rises slightly

Business, Lamonphet Apisitniran, Published on 18/12/2025

» The Thai Industries Sentiment Index (TISI) climbed to 89.1 points in November, up from 87.3, though entrepreneurs remain cautious amid a strong baht, severe flooding in the South and escalating border tensions with Cambodia, says the Federation of Thai Industries (FTI).

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.