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Search Result for “malacca strait shipping”

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BUSINESS

Car market posts growth in March

Business, Lamonphet Apisitniran, Published on 28/04/2026

» Thailand's domestic car market accelerated in March, with sales climbing 7% year-on-year to 59,865 units, driven by surging demand for electric vehicles (EVs) as consumers sought relief from rising oil prices amid Middle East tensions, according to the Federation of Thai Industries (FTI).

BUSINESS

Rising oil, power costs weigh on steel

Business, Lamonphet Apisitniran, Published on 27/04/2026

» Thailand's steel and iron industry is reeling from the impact of soaring oil prices triggered by the Middle East conflict, as higher shipping costs for imported iron ore -- the key raw material for steelmaking -- push production expenses to new heights.

BUSINESS

Industrial sentiment decline persists

Business, Lamonphet Apisitniran, Published on 23/04/2026

» The war in the Middle East continues to haunt local manufacturers, causing a dim business outlook as the Thai Industries Sentiment Index fell to 88.6 points in March, down from 90 the previous month, says the Federation of Thai Industries (FTI).

BUSINESS

Toyota to chat with authorities on oil, power

Lamonphet Apisitniran, Published on 06/04/2026

» Toyota Motor Thailand is preparing to hold talks with the new government on oil and electricity policies, as surging energy prices weigh heavily on consumers considering car purchases.

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

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.

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

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).

BUSINESS

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.

BUSINESS

Call for greater aid to 2nd-tier provinces

Business, Lamonphet Apisitniran, Published on 13/10/2025

» The government must step up efforts to encourage people to visit second-tier destinations to enhance domestic tourism and broaden revenue distribution, says the Federation of Thai Industries (FTI).