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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

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

Great Wall Motor to ramp up BEV output to 14,500

Business, Lamonphet Apisitniran, Published on 11/12/2025

» Chinese automaker Great Wall Motor (GWM) has announced plans to ramp up its annual production capacity of battery electric vehicles (BEVs) in Thailand to 14,500 units within the next two years, aligning with requirements under the government's EV incentive schemes.

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

Measures seen spurring motorcycle sales in Q4

Business, Lamonphet Apisitniran, Published on 08/10/2025

» Thailand's motorcycle market should record more sales in the final quarter of this year thanks to government stimulus measures that are expected to increase consumer purchasing power and lift business confidence, says Thai Honda, a manufacturer and distributor of motorcycles and multi-purpose engines.

BUSINESS

Industry chief vows quick wins

Business, Lamonphet Apisitniran, Published on 04/10/2025

» The industry minister has pledged to implement "quick-win" projects to support Thailand's industrial sector and economy, prioritising industrial restructuring.

BUSINESS

Border row a double blow for businesses

Business, Lamonphet Apisitniran, Published on 20/09/2025

» The Thai-Cambodian territorial conflict has curtailed border trade and raised worries over the future of Thai businesses in the neighbouring country, as well as Cambodian workers in Thailand.

BUSINESS

Thais on course to buy 100,000 battery electric vehicles in 2025

Business, Lamonphet Apisitniran, Published on 25/08/2025

» Domestic sales of battery electric vehicles (BEVs) should reach 100,000 units this year, with Japanese automakers likely to produce BEVs to compete with Chinese rivals, says MG Sales (Thailand).