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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

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.

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

Car exports decline by 6% in January

Lamonphet Apisitniran, Published on 25/02/2026

» Thailand's car exports fell in January, dropping 6% year-on-year to 58,405 units -- the lowest level since May 2022 -- which was attributed to stricter environmental regulations and currency fluctuations, says the Federation of Thai Industries (FTI).

BUSINESS

Motorcycle industry targets 2m units

Lamonphet Apisitniran, Published on 17/02/2026

» Thailand's motorcycle industry is setting its sights on producing 2 million units in 2026, driven by expectations of stronger economic conditions, according to the Federation of Thai Industries (FTI).

BUSINESS

Omoda & Jaecoo ramps up Thai EV production

Lamonphet Apisitniran, Published on 22/12/2025

» Omoda & Jaecoo (Thailand), a subsidiary of Chinese state-owned automaker Chery Automobile, has announced plans to produce 28,000-30,000 battery electric vehicles (BEVs) locally in 2026, as demand for electric mobility continues to rise among Thai consumers.

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

Prices of BEVs set to rise next year

Business, Lamonphet Apisitniran, Published on 10/12/2025

» The prices of battery electric vehicles (BEVs) in Thailand are expected to rise by an average of 200,000 baht next year, following the expiration of the government's EV3.0 incentive scheme, a move that could dampen domestic demand for BEVs, which has grown steadily over recent years, warns the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Motorcycle sales set to stay sluggish amid lending lag

Lamonphet Apisitniran, Published on 06/11/2025

» The Thai motorcycle market is expected to remain sluggish through the final quarter of this year, with low motorcycle loans among the factors dealing a blow to domestic sales, says Thai Yamaha Motor, the distributor of Yamaha motorcycles.