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BUSINESS

Manufacturers want diesel subsidy continued

Business, Lamonphet Apisitniran, Published on 11/03/2022

» Manufacturers will struggle to maintain their goods prices for another 3-6 months amid the Russia-Ukraine war, but they insist the government continue to cap diesel prices at below 30 baht a litre, says the Federation of Thai Industries (FTI).

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BUSINESS

SCG rejigs investment plans

Business, Lamonphet Apisitniran, Published on 11/03/2022

» The widening impact of the Russia-Ukraine war is causing SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, to review its investment plan this year as energy and raw materials prices are increasing.

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BUSINESS

State mulls reply to oil price spike

Business, Lamonphet Apisitniran, Published on 08/03/2022

» The government has two choices to cope with the upsurge in global oil prices -- borrow more money to continue price subsidies or let local oil prices spike -- as the global price could soar to US$150 a barrel amid the Russia-Ukraine war.

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BUSINESS

New company to push U-tapao plan

News, Lamonphet Apisitniran, Published on 22/02/2022

» The Eastern Economic Corridor (EEC) Policy Committee has approved the setting up of a new company to expedite the development of U-tapao airport.

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BUSINESS

Luxury car market tabbed for double-digit growth in 2021

Business, Lamonphet Apisitniran, Published on 07/12/2021

» The luxury car market in Thailand is expected to keep expanding with double-digit growth this year, despite the impact of lockdown measures implemented to contain the spread of Covid-19.

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BUSINESS

Lexus pushes Thai plug-in hybrids

Business, Lamonphet Apisitniran, Published on 02/12/2021

» The domestic car market is suitable for plug-in hybrid electric vehicles (PHEVs) rather than battery-powered electric vehicles (BEVs) because of limitations in the EV infrastructure, which is usually centred in big cities, says Toyota's luxury car unit Lexus.

BUSINESS

IEAT promotes creation of 'correctional' estate project

Business, Lamonphet Apisitniran, Published on 03/11/2021

» The Industrial Estate Authority of Thailand (IEAT) is preparing to invite companies to join a project to build "correctional industrial estates" in five provinces, including those in the Eastern Economic Corridor (EEC).

BUSINESS

IEAT to speed up correctional estate study

Business, Lamonphet Apisitniran, Published on 25/10/2021

» The Industrial Estate Authority of Thailand (IEAT) is speeding up a feasibility study to build a new "correctional industrial estate" in a move to upskill inmates and convert them into a new workforce for the country.

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BUSINESS

FTI mulls revising up car export target

Business, Lamonphet Apisitniran, Published on 25/06/2021

» The Federation of Thai Industries (FTI) may revise up its 2021 car export target in July, following growing demand in the Oceania and Asia-Pacific markets, but admits the final figures will be decided by the global semiconductor shortage and the third wave of the pandemic in Thailand.

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BUSINESS

Oxo-degradable plastics worry firms

Business, Lamonphet Apisitniran, Published on 07/06/2021

» Plastic manufacturers under the Federation of Thai Industries (FTI) are concerned about the increase of oxo-degradable plastics, which falsely claim to be environmentally friendly.