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MOTORING

Drop in motorcycle output likely to persist

Lamonphet Apisitniran, Published on 02/02/2024

» Thailand's motorcycle production is expected to total 2.12 million units this year, driven by sales in the domestic market, says the Federation of Thai Industries (FTI).

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GENERAL

Cheap imports dent steel sector

Business, Lamonphet Apisitniran, Published on 01/02/2024

» Thailand's capacity utilisation in the steel industry continues to decrease, following the slow economic recovery and the influx of cheap steel from China, says Tata Steel Thailand Plc (TSTH), a unit of India's largest steelmaker.

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GENERAL

Industrial product exports to drive MPI

Business, Lamonphet Apisitniran, Published on 01/02/2024

» Thailand's Manufacturing Production Index (MPI) is expected to increase this year, driven by exports, despite sluggish manufacturing expansion in 2023 due to an economic slowdown.

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MOTORING

Car production to see 3.17% increase

Business, Lamonphet Apisitniran, Published on 30/01/2024

» Thailand's car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).

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GENERAL

Federation urges more stimulus

Business, Lamonphet Apisitniran, Published on 29/01/2024

» New stimulus programmes are badly needed during the first half of this year and should help small and medium-sized enterprises (SMEs), many of which have yet to benefit from state spending schemes, says the Federation of Thai SMEs.

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GENERAL

KCar predicts sluggish market this year

Business, Lamonphet Apisitniran, Published on 26/01/2024

» Krungthai Car Rent & Lease Plc (KCar) expects the second-hand car and car rental markets to slow as loans remain difficult to obtain from financial institutions.

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INVESTMENT

Employers see further hike in freight rates

Business, Lamonphet Apisitniran, Published on 25/01/2024

» Freight rates are expected to continue to increase in February if the tension in the Red Sea intensifies, which will affect global supply chains, says the Employers' Confederation of Thai Trade and Industry (EconThai).

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GENERAL

WHAUP eyes green hydrogen

Business, Lamonphet Apisitniran, Published on 22/01/2024

» SET-listed WHA Utilities and Power (WHAUP), an arm of Thailand's biggest industrial land developer and operator WHA Corp, is conducting a feasibility study on a green hydrogen project to serve growing demand for clean power, especially in the digital technology sector.

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GENERAL

Volvo prepares EV repair business

Business, Lamonphet Apisitniran, Published on 22/01/2024

» Volvo Cars (Thailand) plans to invest in the electric vehicle battery repair and recycling business this year to serve the EV and plug-in hybrid EV (PHEV) market.

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GENERAL

THG, Assumption launch scheme to solve doctor shortage

Business, Lamonphet Apisitniran, Published on 19/01/2024

» Thonburi Healthcare Group Plc (THG), the operator of Thonburi Hospital, aims to help solve the doctor shortage in Thailand by establishing an international medicine programme in cooperation with Assumption University.