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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

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

Thai industry urged to embrace restructuring

Business, Lamonphet Apisitniran, Published on 12/02/2026

» Thailand's industrial economy is under a cloud of uncertainty in the first quarter of 2026.

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

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

Yamaha Motor seeks to weave emotion into mobility

Business, Lamonphet Apisitniran, Published on 03/11/2025

» Global goals set for carbon neutrality and environmental sustainability are causing technological changes in mobility, with Yamaha Motor stepping up efforts to develop new products in line with the trend.

BUSINESS

Output ticks up for automobiles

Business, Lamonphet Apisitniran, Published on 31/07/2025

» Thailand's Manufacturing Production Index (MPI) increased by 0.58% year-on-year to 97.35 points in June, driven by the recovery of the car market, an increase in exports and state stimulus measures, says the Office of Industrial Economics (OIE).

BUSINESS

SCG Packaging bullish on boosting revenue in H2

Business, Lamonphet Apisitniran, Published on 30/07/2025

» SCG Packaging Plc (SCGP) plans to take advantage of its robust sales in Southeast Asia to lift revenue in the second half of this year amid global concerns over the impact of the US's steep tariffs, set to take effect on Aug 1.

BUSINESS

WHA shrugs off impact of US tariffs

Business, Lamonphet Apisitniran, Published on 16/07/2025

» While the US's controversial reciprocal tariffs are causing some delays to international investment, Thailand is not expected to face a serious impact, according to WHA Corp, a Thai developer of industrial estates and built-to-suit logistics facilities.

BUSINESS

Slowdown seen hitting hospitals in second half

Business, Lamonphet Apisitniran, Published on 18/06/2025

» The hospital business in Thailand looks set to bear the brunt of the sluggish economy in the second half of this year, fuelled by global economic uncertainties, says Bangkok Hospital, a private hospital under Bangkok Dusit Medical Services.