Showing 1 - 10 of 32
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%.
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.
Middle East conflict delays auto exports to key market
Business, Lamonphet Apisitniran, Published on 25/03/2026
» Thailand's automotive industry is facing mounting pressure as the Israel-US war on Iran disrupts shipping routes through the Strait of Hormuz, delaying vehicle exports to the Middle East, says the Federation of Thai Industries (FTI).
Mideast conflict dents chip manufacturing
Lamonphet Apisitniran, Published on 23/03/2026
» The United States and Israeli military operations against Iran are disrupting global supply chains, hitting semiconductor manufacturing hard and reverberating through chip‑dependent industries, particularly the automotive sector, which is watching developments closely.
Plastic packaging at risk as war hits crucial raw material supplies
Business, Lamonphet Apisitniran, Published on 23/03/2026
» Packaging may be the next industry to bear the brunt of petrochemical supply disruptions if the Israel-US war on Iran does not abate, says Veera Kwanloetchit, a director of the Public Private Partnership for Sustainable Plastic and Waste Management.
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.
Call for urgent action to tackle rural oil shortage
Business, Lamonphet Apisitniran, Published on 19/03/2026
» The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.
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).
SCG halts olefins unit following Hormuz disruption
Business, Lamonphet Apisitniran, Published on 11/03/2026
» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.
Lamborghini eyes middle-aged women
Business, Lamonphet Apisitniran, Published on 27/06/2025
» Automobili Lamborghini, an Italian manufacturer of luxury sports cars, wants to sell more cars to Thai women in their 40s, but is delaying a plan to debut its electric super cars until 2029.