Showing 1 - 10 of 155
Sluggish economy dents auto sector
Business, Lamonphet Apisitniran, Published on 27/12/2024
» The decision by the Federation of Thai Industries (FTI) to reduce the car production target twice in 2024 effectively illustrates how severe the drop in domestic car sales has been this year, dealing a heavy blow to manufacturers.
Car output target cut to 1.5m units
Business, Lamonphet Apisitniran, Published on 26/11/2024
» The total car manufacturing target for 2024 has been reduced to 1.5 million vehicles down from 1.7 million, which is the lowest target seen since 2021, as car sales in the domestic market remain torpid, following banks' stricter criteria in the granting of auto loans, says the Federation of Thai Industries (FTI).
Car production to miss target as sales, exports fall
Business, Lamonphet Apisitniran, Published on 25/10/2024
» Thailand's total car manufacturing is unlikely to reach 1.7 million units in 2024 due to a plunge in domestic sales and exports, dealing a further blow to the sluggish automotive industry and prompting the Federation of Thai Industries (FTI) to consider revising down the target for the second time this year.
Soft loan scheme to aid SMEs, startups
Business, Lamonphet Apisitniran, Published on 18/07/2023
» The Federation of Thai Industries (FTI) has teamed up with Government Savings Bank (GSB) to launch a new soft loan programme to help small and medium-sized enterprises (SMEs) and startups better deal with their financial costs.
EV sector may face new chip shortage
Business, Lamonphet Apisitniran, Published on 15/07/2023
» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).
Easing of chip shortage boosts output
Business, Lamonphet Apisitniran, Published on 23/06/2023
» Thailand's car manufacturing increased by 16.4% year-on-year in May to 150,532 cars thanks to the easing of the global semiconductor shortage, said the Federation of Thai Industries (FTI).
Tax incentives to encourage reduction in plastic usage
Business, Lamonphet Apisitniran, Published on 10/01/2023
» The Industry and Finance ministries are using a new corporate income tax reduction programme to encourage businesses to use more biodegradable plastic products, in a move to reduce waste.
Flood boosts sales of farm machinery
Business, Lamonphet Apisitniran, Published on 12/11/2022
» The Federation of Thai Industries (FTI) expects demand for agricultural machinery to keep growing in both domestic and overseas markets as damage caused by recent flooding should increase sales.
Rising car manufacturing poised to boost EPG sales
Business, Lamonphet Apisitniran, Published on 04/10/2022
» Eastern Polymer Group Plc (EPG), Thailand's leading plastic moulder, expects more car manufacturing to boost its sales of pickup accessories, now making up about half of its total revenue.
Sharp increase in domestic car sales
Business, Lamonphet Apisitniran, Published on 23/09/2022
» Domestic car sales in the first eight months this year increased by 19.6% year-on-year to 559,537 units as recovering tourism helped boost demand following the reopening of the country late last year, says the Federation of Thai Industries (FTI).