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Search Result for “strait of hormuz UN”

Showing 1 - 10 of 34

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

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

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

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

Egco seeks 4-5 fresh acquisitions in second half

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

» SET-listed Electricity Generating (Egco), the power generation arm of Electricity Generating Authority of Thailand, continues to expand its business overseas with investment in a Taiwanese wind farm as it seeks to clinch an additional 4-5 merger and acquisition deals in the second half of this year.

BUSINESS

Thai business confidence slumps to 7-month low

Business, Lamonphet Apisitniran, Published on 19/06/2025

» The Thai Industries Sentiment Index (TISI) fell to 88.1 points in May, the lowest level in seven months, as business confidence remains low, partly attributed to the impact of new geopolitical conflicts on the economy, says the Federation of Thai Industries (FTI).

SUSTAINABILITY

Dow launches new drive to recycle plastic waste

Business, Lamonphet Apisitniran, Published on 18/04/2025

» Dow, a US-based chemical company, is stepping up efforts to slow rising global temperatures by improving handling of plastic waste.

BUSINESS

Authorities tout Map Ta Phut carbon sandbox plan

Business, Lamonphet Apisitniran, Published on 16/04/2025

» Authorities are pushing ahead with better carbon data management in industrial estates to increase investment in the Map Ta Phut sandbox, jointly carried out by the World Bank and the Industrial Estate Authority of Thailand (IEAT).