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Search Result for “foreign tourist spending”

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BUSINESS

Semiconductor shortage driving up IT product prices

Business, Lamonphet Apisitniran, Published on 16/04/2026

» Semiconductors are becoming increasingly scarce as booming demand from artificial intelligence (AI), data centres and cloud services reshapes the global market, according to Supant Mongkolsuthree, honorary chairman of the Federation of Thai Industries.

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

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

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

Battery shortage hits Toyota's EV production

Lamonphet Apisitniran, Published on 18/03/2026

» Japanese carmaker Toyota is confronting mounting challenges from a global shortage of batteries, a setback that has slowed production of several hybrid electric vehicle (HEV) models.

BUSINESS

Thailand eyes gains from global shifts

Business, Lamonphet Apisitniran, Published on 18/03/2026

» The ongoing conflict involving the United States, Israel and Iran, coupled with other geopolitical tensions, is prompting businesses worldwide to reconsider their production bases, with many seeking relocation to more stable regions, says the Board of Investment (BoI).

BUSINESS

BoI eager to attract Chinese investors

Business, Lamonphet Apisitniran, Published on 09/03/2026

» Thailand is positioning itself as a strategic gateway for Chinese companies seeking to expand into Southeast Asia, with the Board of Investment (BoI) highlighting deepening economic cooperation between the two nations.

BUSINESS

Thai manufacturing index rises on election activity

Lamonphet Apisitniran, Published on 26/02/2026

» Factory activity in Thailand picked up in January, driven by heightened political activity during the election campaign and strong demand in the automotive sector, according to the Office of Industrial Economics (OIE).

BUSINESS

Call for new stimulus for EV sales

Lamonphet Apisitniran, Published on 18/02/2026

» Thailand's automotive industry is urging the government to introduce new, non-monetary measures to stimulate demand for electric vehicles (EVs), including battery EVs (BEVs) and plug-in hybrid EVs (PHEVs).

BUSINESS

Motorcycle industry targets 2m units

Lamonphet Apisitniran, Published on 17/02/2026

» Thailand's motorcycle industry is setting its sights on producing 2 million units in 2026, driven by expectations of stronger economic conditions, according to the Federation of Thai Industries (FTI).