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Search Result for “believed”

Showing 1 - 10 of 41

BUSINESS

Thai industry jittery over US tariff rules

Business, Lamonphet Apisitniran, Published on 27/10/2025

» Thailand's manufacturing sector is struggling to deal with challenges raised by US tariff rules on Thai imports, even as the rate was cut significantly in early August.

BUSINESS

SCGJWD aiming to boost revenue to B2.5bn by 2029

Business, Lamonphet Apisitniran, Published on 13/06/2025

» SCGJWD Logistics, a unit of Siam Cement Group, aims to increase its revenue to 2.5 billion baht by 2029, thanks to the expansion of freight and non-freight businesses as well as a digital solutions service for importers and exporters.

BUSINESS

Concerns over foreign ‘zero-dollar’ factories

Lamonphet Apisitniran, Published on 29/05/2025

» Foreign “zero-dollar” factories, including those that enter Thailand in the form of foreign direct investment, are causing grave concern among industry leaders who fear they will deal a further blow to Thai manufacturing, according to the latest survey conducted by the Federation of Thai Industries (FTI).

BUSINESS

Mercedes-Benz anticipates another gloomy sales year

Business, Lamonphet Apisitniran, Published on 18/02/2025

» German luxury automaker Mercedes-Benz (Thailand) expects another tough year for the Thai car market, caused by difficulties for consumers in accessing car loans as well as high interest rates which led to a 23% decrease in newly registered premium cars last year.

BUSINESS

Manufacturing dips 1.79% in 2024

Lamonphet Apisitniran, Published on 03/02/2025

» Thailand's Manufacturing Production Index (MPI) decreased by 1.79% year-on-year in 2024, due mainly to a slowdown in the automotive industry and higher imports that affected local manufacturers, says the Office of Industrial Economics (OIE).

BUSINESS

Big sugar harvest faces burning checks

Business, Lamonphet Apisitniran, Published on 27/01/2025

» Thailand's sugar cane output is expected to increase in the 2024-25 crop year thanks to more rainfall, but farmers face strict screening for harvesting by burning, says the Office of the Cane and Sugar Board (OCSB).

BUSINESS

Federation of Thai Industries poll paints glum picture of second half

Business, Lamonphet Apisitniran, Published on 06/08/2024

» Most executives under the Federation of Thai Industries (FTI) believe the economy during the second half will not improve much, with GDP growth likely to be less than 2% for the whole year, despite the state's efforts to speed up budget spending, according the latest FTI survey.

BUSINESS

Zeekr to launch EV range amid sales dip

Lamonphet Apisitniran, Published on 15/07/2024

» Domestic premium car sales plunged by 30% year-on-year during the first half amid the economic slowdown and intensifying competition, fuelled by more Chinese electric vehicles entering the Asian market as a result of the impact of the US-China trade war, says Zeekr Intelligent Technology, a Chinese EV maker under the Zeekr brand.

BUSINESS

Auto loan rejections hurting industry

Lamonphet Apisitniran, Published on 11/06/2024

» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

BUSINESS

Energy producers urge talks on claims dispute

Business, Lamonphet Apisitniran, Published on 02/03/2024

» Member companies of the Petroleum Exploration and Production Industry Club are keen to support fresh government efforts to resume oft-delayed talks on joint petroleum production by Thailand and Cambodia in the overlapping claims area (OCA) in the Gulf of Thailand.