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Search Result for “face fines”

Showing 1 - 10 of 136

BUSINESS

Rising oil, power costs weigh on steel

Business, Lamonphet Apisitniran, Published on 27/04/2026

» Thailand's steel and iron industry is reeling from the impact of soaring oil prices triggered by the Middle East conflict, as higher shipping costs for imported iron ore -- the key raw material for steelmaking -- push production expenses to new heights.

BUSINESS

Thai EV sales set to be boosted by trade-in incentive

Business, Lamonphet Apisitniran, Published on 23/04/2026

» The Thai automotive industry is expected to benefit from the government's proposed car trade-in policy, which Omoda & Jaecoo (Thailand) says will stimulate sales, strengthen supply chains, and accelerate the country's push towards carbon neutrality.

BUSINESS

Thai manufacturers to get new assistance package

Business, Lamonphet Apisitniran, Published on 08/04/2026

» Newly appointed Industry Minister Varawut Silpa-archa has vowed to help Thai manufacturers weather the impact of geopolitical conflict and rising energy costs, while steering the country's industrial sector towards greener, more sustainable practices under the government's bio-, circular and green (BCG) economic model.

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

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

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

Prices of BEVs set to rise next year

Business, Lamonphet Apisitniran, Published on 10/12/2025

» The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Carmakers demand stimulus

Business, Lamonphet Apisitniran, Published on 29/11/2025

» The country's leading carmakers are pressing the government for stronger support measures as the Thailand International Motor Expo kicks off, warning that promises of higher sales alone are inadequate to shield the industry from mounting challenges, including the severe impact of floods in the South.

BUSINESS

Ferrari offers luxury hybrid car locally

Lamonphet Apisitniran, Published on 19/11/2025

» Italian automaker Ferrari has launched its first plug-in hybrid electric vehicle (PHEV) in Southeast Asia, choosing the Thai market for its debut, just as the government prepares to impose a higher rate of excise tax on cars, including luxury supercars, from 2026.

BUSINESS

Board of Investment launches FastPass to expedite approvals

Business, Lamonphet Apisitniran, Published on 18/10/2025

» The Board of Investment (BoI) has launched the "Thailand FastPass" to speed up processing approvals of multi-billion-baht investment projects, aiming to support the government's "Quick Big Win" policy.