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Search Result for “travel growth”

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BUSINESS

Commercial EVs picked to propel Thai boom

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

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

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

Eastern Economic Corridor counts on U-Tapao, Aerotropolis progress

Business, Lamonphet Apisitniran, Published on 24/03/2026

» The Eastern Economic Corridor (EEC) is expected to attract a fresh wave of investment this year, following renewed progress in the long-delayed U-Tapao Airport and Eastern Aerotropolis development project, according to the EEC Office.

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

Amata prepares for major Southeast Asian growth

Business, Lamonphet Apisitniran, Published on 12/03/2026

» SET-listed Amata Corporation, an industrial estate developer, is preparing a major expansion across Southeast Asia, announcing plans to invest 10 billion baht to develop and upgrade industrial estates in Thailand, Laos and Vietnam.

BUSINESS

Employment trends fuel motorbike sales

Business, Lamonphet Apisitniran, Published on 12/03/2026

» Domestic motorcycle sales in Thailand are expected to climb this year, driven in part by new job seekers who are increasingly turning to motorcycles to earn income as part-time food delivery and motorcycle taxi drivers, according to Thai Yamaha Motor.

BUSINESS

BoI eager to attract Chinese investors

Business, Lamonphet Apisitniran, Published on 09/03/2026

» Thailand is positioning itself as a strategic gateway for Chinese companies seeking to expand into Southeast Asia, with the Board of Investment (BoI) highlighting deepening economic cooperation between the two nations.

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

Call for new stimulus for EV sales

Lamonphet Apisitniran, Published on 18/02/2026

» Thailand's automotive industry is urging the government to introduce new, non-monetary measures to stimulate demand for electric vehicles (EVs), including battery EVs (BEVs) and plug-in hybrid EVs (PHEVs).