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GENERAL

Toyota to make electric pickups in Thailand

Lamonphet Apisitniran, Published on 27/03/2024

» The Japanese automaker Toyota wants to benefit from the rapid growth of the electric vehicle (EV) industry in Thailand by manufacturing electric pickup trucks in the country, a move viewed by an industry observer as a fresh effort to revamp its development of zero-emission cars.

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MOTORING

Domestic sales still plummeting

Business, Lamonphet Apisitniran, Published on 27/03/2024

» Domestic car sales continued to decline, especially in the pickup segment, falling by 26% year-on-year in February, which is expected to be the lowest level in two years, says the Federation of Thai Industries (FTI).

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MOTORING

Chinese EV makers fear price war

Lamonphet Apisitniran, Published on 26/03/2024

» Some major Chinese electric vehicle manufacturers are reportedly planning to ask Beijing to prevent a “price war” among Chinese automakers in overseas EV markets, including Thailand, aiming to maintain a good image in the industry.

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MOTORING

Chinese manufacturers fuel EV market

Business, Lamonphet Apisitniran, Published on 26/03/2024

» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.

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GENERAL

Smart agriculture project launched

Business, Lamonphet Apisitniran, Published on 23/03/2024

» The Federation of Thai Industries (FTI) is advancing smart farming initiatives by collaborating with university experts to launch a pilot project for smart agriculture industry development.

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GENERAL

EconThai sees tricky H2 for businesses

Business, Lamonphet Apisitniran, Published on 22/03/2024

» Businesses are likely to find it difficult to get through the second half of this year, as people's purchasing power remains weak amid a high level of household debt, says the Employers' Confederation of Thai Trade and Industry (EconThai).

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MOTORING

Chery unit to build EV plant in Rayong

Business, Lamonphet Apisitniran, Published on 21/03/2024

» Omoda & Jaecoo (Thailand) Co, a subsidiary of Chery Automobile, a Chinese state-owned electric vehicle manufacturer, plans to build an EV factory in Rayong, with production scheduled to start next year.

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MOTORING

Isuzu allocates B32bn for Thailand investments

Business, Lamonphet Apisitniran, Published on 21/03/2024

» Yokohama, Japan-based automaker Isuzu Motors plans to spend ¥1 trillion (240 billion baht) to fuel its investments through 2030, with part of the budget allocated for battery cell and electric pickup manufacturing in Thailand, which will serve as the company's electric vehicle (EV) export base.

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INVESTMENT

IEAT signs land sale to boost southern economy

Business, Lamonphet Apisitniran, Published on 20/03/2024

» The Industrial Estate Authority of Thailand (IEAT) expects its latest land sale to a lightweight brick manufacturer to serve growing brick demand and support the government's plan to help the economy in the southern region.

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GENERAL

Hong Kong woos Thai investors

Business, Lamonphet Apisitniran, Published on 19/03/2024

» Invest Hong Kong (InvestHK), the Chinese city's unit promoting foreign direct investment, held its first roadshow in Thailand yesterday, with the aim of encouraging more Thai companies, including startups, to invest.