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BUSINESS

Commercial EVs picked to propel Thai boom

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

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

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

Mideast conflict dents chip manufacturing

Lamonphet Apisitniran, Published on 23/03/2026

» The United States and Israeli military operations against Iran are disrupting global supply chains, hitting semiconductor manufacturing hard and reverberating through chip‑dependent industries, particularly the automotive sector, which is watching developments closely.

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

BMW faces flat sales amid rising oil prices

Lamonphet Apisitniran, Published on 20/03/2026

» Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.

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

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

Car exports decline by 6% in January

Lamonphet Apisitniran, Published on 25/02/2026

» Thailand's car exports fell in January, dropping 6% year-on-year to 58,405 units -- the lowest level since May 2022 -- which was attributed to stricter environmental regulations and currency fluctuations, says the Federation of Thai Industries (FTI).