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BUSINESS

Applications to Board of Investment hit B1.87tn in 2025

Business, Lamonphet Apisitniran, Published on 27/01/2026

» Investment applications submitted to the Board of Investment (BOI) in 2025 soared to 1.87 trillion baht across 3,370 projects, marking a substantial 67% increase in value and an 11% increase in the number of projects compared to 2024.

BUSINESS

Mazda to sink B5bn into new mild hybrid EV project

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

» Mazda Motor Corporation is preparing to spend 5 billion baht early next year on building a new mild hybrid electric vehicle (MHEV) production base in Thailand, marking a major step in the country’s transition toward electric mobility, says the Board of Investment (BoI).

BUSINESS

Suzuki eschews battery EVs for hybrid, fuel cells

Business, Lamonphet Apisitniran, Published on 26/09/2025

» Suzuki Motor Corporation has shunned investment in battery electric vehicle production despite growing demand for BEVs, focusing instead on alternative technologies to make cars more environmentally friendly.

BUSINESS

Mercedes-Benz tweaks pricing strategy to spur premium car sales

Business, Lamonphet Apisitniran, Published on 15/08/2025

» German luxury automaker Mercedes-Benz (Thailand) is adopting a new pricing method by offering discounts on premium cars to lift domestic sales in the stagnant market.

BUSINESS

Volvo unit predicts modest sales growth

Business, Lamonphet Apisitniran, Published on 14/02/2025

» Volvo Car Thailand expects car sales not to exceed 5% growth this year as it plans to survive a challenging period by enticing more consumers with new electric vehicle (EV) models and a battery repair service, aimed at helping drivers save on long-term maintenance spending.

BUSINESS

Production index projected to decline 1% in 2024

Business, Lamonphet Apisitniran, Published on 27/09/2024

» Thailand's Manufacturing Production Index (MPI) is likely to contract by 1% this year, given the declines recorded during the first eight months of the year, caused by a raft of economic problems and the impact of severe floods, says the Office of Industrial Economics (OIE).

BUSINESS

Steel sales sluggish in first 5 months of the year

Business, Lamonphet Apisitniran, Published on 29/07/2024

» Thailand's steel industry experienced sluggish sales during the first five months of this year, stemming from lower spending in construction projects amid pressure from cheap imports from China, says Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker.

BUSINESS

Factories closing as cheap imports flood Thailand

Business, Lamonphet Apisitniran, Published on 27/06/2024

» Many local factories producing electronics, steel and plastics have shuttered this year as purchase orders shrink and cheap imports flood the Thai market, says the Industry Ministry.

BUSINESS

Manufacturing stagnant amid growing climate risks

Business, Lamonphet Apisitniran, Published on 31/05/2024

» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).

BUSINESS

Krungsri Auto expects flat growth

Business, Lamonphet Apisitniran, Published on 13/03/2024

» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.