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MOTORING

Association sees uptick in used car market

Business, Lamonphet Apisitniran, Published on 14/06/2024

» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.

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INVESTMENT

BOI targets computer chip investments

Business, Lamonphet Apisitniran, Published on 13/06/2024

» The Board of Investment (BOI) is planning to increase investments in computer chips to support the rapid growth of the electric vehicle (EV) industry in Thailand, moving in tandem with the state's plan to set up a national semiconductor board.

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MOTORING

Auto loan rejections hurting industry

Lamonphet Apisitniran, Published on 11/06/2024

» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).

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GENERAL

Group urges wages based on skills

Business, Lamonphet Apisitniran, Published on 11/06/2024

» The Labour Ministry is being asked to consider replacing the proposed 400-baht daily minimum wage policy with a wage increase based on workers' skills, says the Federation of Thai Industries (FTI).

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MOTORING

Premium cars cannot avoid plunge in sales

Business, Lamonphet Apisitniran, Published on 08/06/2024

» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).

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GENERAL

Concerns over decline in steel consumption

Business, Lamonphet Apisitniran, Published on 07/06/2024

» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).

GENERAL

Group predicts more factory closures

Business, Lamonphet Apisitniran, Published on 06/06/2024

» Factory shutdowns are expected to gradually increase after 1,600 to 1,700 already shuttered earlier this year because of the economic slowdown, merger plans or rising operating costs, says the Federation of Thai Industries (FTI).

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MOTORING

Producers maintain motorcycle output target

Business, Lamonphet Apisitniran, Published on 04/06/2024

» Thailand's motorcycle manufacturing output is expected to reach its target of 2.12 million units this year despite a decrease in production during the first four months of 2024, says the Federation of Thai Industries (FTI).

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GENERAL

A steady pair of hands steering the ship

Business, Lamonphet Apisitniran, Published on 01/06/2024

» Dr Pichit Kangwolkij treats diseases as part of his profession, so making business diagnoses a part of his daily routine requires a shift in mindset.

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GENERAL

Manufacturing stagnant amid growing climate risks

Business, Lamonphet Apisitniran, Published on 31/05/2024

» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).