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Search Result for “cost reduction strategy”

Showing 1 - 10 of 388

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

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

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

Eastern Economic Corridor counts on U-Tapao, Aerotropolis progress

Business, Lamonphet Apisitniran, Published on 24/03/2026

» The Eastern Economic Corridor (EEC) is expected to attract a fresh wave of investment this year, following renewed progress in the long-delayed U-Tapao Airport and Eastern Aerotropolis development project, according to the EEC Office.

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

$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

Mercedes-Benz accelerates shift to EVs

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

» Mercedes-Benz (Thailand) expects the domestic electric vehicle (EV) market to gain momentum under the government's new car tax policy set to take effect in 2026, aimed at promoting cleaner energy.

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

Rocky year eyed for auto parts makers

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

» Thai auto parts makers could face a rough 2026 as Mexico, a key car assembler, now imposes tariffs on goods, including car components, from countries without free trade agreements (FTAs).

BUSINESS

Survey: Thai firms concerned about graft

Business, Lamonphet Apisitniran, Published on 16/01/2026

» Most Thai businesses are deeply worried about corruption, with a new survey revealing 97% of companies believe graft has become a critical threat to the country's economy and requires urgent solutions, according to the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).