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Search Result for “phuket luxury retail”

Showing 1 - 10 of 180

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

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

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

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.

BUSINESS

Battery shortage hits Toyota's EV production

Lamonphet Apisitniran, Published on 18/03/2026

» Japanese carmaker Toyota is confronting mounting challenges from a global shortage of batteries, a setback that has slowed production of several hybrid electric vehicle (HEV) models.

BUSINESS

Geely Riddara explores Thai EV pickup production

Lamonphet Apisitniran, Published on 26/02/2026

» Geely Riddara Thailand, the local arm of Chinese automaker Geely's electric pickup brand Riddara, is exploring plans to establish an electric vehicle (EV) factory in Thailand, aiming to capitalise on the country's growing EV market.

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

FTI eyes 1.5m auto units as domestic demand increases

Lamonphet Apisitniran, Published on 29/01/2026

» The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

BUSINESS

Riddara upbeat on battery-powered pickup outlook

Business, Lamonphet Apisitniran, Published on 09/12/2025

» Geely Riddara Thailand, the local arm of Chinese automaker Geely's electric pickup brand Riddara, expects battery-powered pickups to gain traction in the Thai market, despite economic headwinds and financing hurdles.