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Search Result for “slump”

Showing 1 - 10 of 13

BUSINESS

Call for weaker baht to reverse car export slump

Business, Lamonphet Apisitniran, Published on 24/12/2025

» The Federation of Thai Industries (FTI) is upbeat about the Bank of Thailand's efforts to deal with baht appreciation to prevent direct and indirect impacts to the auto industry, which is grappling with sluggish sales.

BUSINESS

Japanese firms pledge to maintain pickup capacity

Business, Lamonphet Apisitniran, Published on 02/12/2025

» Japanese automakers Isuzu and Toyota have vowed to maintain pickup manufacturing capacity in Thailand and continue purchasing auto parts, despite a sharp decline in domestic sales, aiming to shield parts suppliers from financial strain.

BUSINESS

Gamut of challenges await BoT governor

Business, Lamonphet Apisitniran, Published on 23/07/2025

» The new governor of the Bank of Thailand (BoT) will immediately face challenges as business leaders want him to push for measures to reduce loan interest rates and relax lending criteria among state and privately-run banks as well as avoid a surge in the value of the baht.

BUSINESS

Tax changes to cushion blow of US tariffs

Business, Lamonphet Apisitniran, Published on 15/05/2025

» The Board of Investment (BoI) expects to decide next week on a plan to offer new tax incentives to help investors cope with the impact of US President Donald Trump's reciprocal tariff policy.

BUSINESS

Is the EV sector losing its drive?

Business, Lamonphet Apisitniran, Published on 26/04/2025

» Whether the number of locally made electric vehicles (EVs) increases year-on-year remains murky as domestic car sales have slumped since the start of the year.

BUSINESS

Thai auto industry employment declining

Lamonphet Apisitniran, Published on 22/11/2024

» Employment in Thailand’s automotive and auto parts industries as well as car financing services is declining as domestic car sales have been sluggish for months, with the latest job cuts by Nissan Motor adding to the misery.

BUSINESS

Car slump in August causes panic

Lamonphet Apisitniran, Published on 25/09/2024

» The sluggish automotive industry is causing concern as car manufacturing, domestic sales and exports all fell in August, says the Federation of Thai Industries (FTI).

BUSINESS

Sales of commercial cars, pickups slump

Business, Lamonphet Apisitniran, Published on 26/06/2023

» Domestic sales of commercial cars and pickups slowed in May based on a variety of factors, ranging from stricter lending standards and weak purchasing power to political uncertainty, says Toyota Motor Thailand.

BUSINESS

Industry leaders warn of challenges ahead for Thai economy

Business, Lamonphet Apisitniran, Published on 12/05/2022

» Despite a gradual recovery projected for the tourism sector, Thailand's economy still faces a spate of challenges including the persistent pandemic and the impact of Russia's invasion of Ukraine, which has disrupted global commerce, pushed up oil prices and threatened food supplies.

BUSINESS

Domestic car sales slump

Business, Lamonphet Apisitniran, Published on 23/02/2021

» Domestic car sales in Thailand declined 21.3% in January to 55,208 units from last year as the second-wave outbreak continues to drag down consumer confidence and purchasing power.