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Search Result for “minor hotels asset light model”

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BUSINESS

Measures aim to spur plastic recycling

Business, Lamonphet Apisitniran, Published on 11/04/2026

» Industry Minister Varawut Silpa-archa has announced urgent measures to accelerate plastic recycling in Thailand as the country grapples with a shortage of plastics caused by the ongoing Israel–US conflict with Iran.

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

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

Mercedes-Benz accelerates shift to EVs

Business, Lamonphet Apisitniran, Published on 04/02/2026

» Mercedes-Benz (Thailand) expects the domestic electric vehicle (EV) market to gain momentum under the government's new car tax policy set to take effect in 2026, aimed at promoting cleaner energy.

BUSINESS

GWM says farewell to Ora Good Cat

Business, Lamonphet Apisitniran, Published on 03/02/2026

» Chinese automaker GWM (Thailand) has announced it will discontinue sales of the Ora Good Cat, its flagship battery electric vehicle (BEV) launched in October 2021, as the company prepares to introduce new models in the Ora family.

BUSINESS

Thai Honda debuts local electric motorcycle model

Lamonphet Apisitniran, Published on 10/01/2026

» Thai Honda, a leading manufacturer and distributor of motorcycles and multipurpose engines, has unveiled its first electric motorcycle in Thailand, marking a major step in the company's strategy and positioning the country as a key export hub.

SUSTAINABILITY

Drastic plastic

Business, Lamonphet Apisitniran, Published on 15/12/2025

» In the global fight against climate change, plastics have emerged as both a symbol of modern convenience and an environmental challenge.

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

Banpu acquires Bedrock for $370m

Business, Lamonphet Apisitniran, Published on 01/10/2025

» Energy conglomerate Banpu Plc has acquired Bedrock Production Llc, which owns upstream and midstream assets in the Barnett Shale in Texas, in the US. The transaction is valued at US$370 million or roughly 12 billion baht.

BUSINESS

Suzuki eschews battery EVs for hybrid, fuel cells

Business, Lamonphet Apisitniran, Published on 26/09/2025

» Suzuki Motor Corporation has shunned investment in battery electric vehicle production despite growing demand for BEVs, focusing instead on alternative technologies to make cars more environmentally friendly.