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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

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

$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

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

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.