• MOTORING

  Bumpy road for EV evolution

  Published on 25/03/2024

  » The rapid growth in electric vehicle investment in Thailand from many Chinese EV makers is, in the eyes of some industry observers, reminiscent of "zero dollar" tours.

• GENERAL

  Industry panel bullish on Q2 outlook

  Business, Published on 07/03/2024

  » The Thai economy, which is expected to grow slowly this year, should improve in the second quarter thanks to state budget spending and easing tension in the Red Sea region, says the Joint Standing Committee on Commerce, Industry and Bangkok (JSCCIB).

• GENERAL

  Seeing stars in 2024

  Business, Published on 01/01/2024

  » Many economists project Thailand to be on a recovery course thanks to resilient domestic demand and an uptick in tourist arrivals.

• MOTORING

  New EV package to drive outlays

  Published on 21/12/2023

  » The cabinet's approval of a new electric vehicle incentive package, dubbed EV3.5, will boost key targeted S-curve industries the government is promoting and encourage more prospective foreign investors to expand their businesses in Thailand, says the Federation of Thai Industries (FTI).

• GENERAL

  Tempting tech

  Business, Published on 04/12/2023

  » The government of Prime Minister Srettha Thavisin has visited several large conglomerates over the past few months in an effort to increase foreign direct investment (FDI), notably in digital and high-tech industries.

• GENERAL

  State salary hike to put pressure on SMEs

  Business, Published on 29/11/2023

  » The cabinet resolution to approve a 10% increase in state officials' salaries is likely to cause businesses to consider increasing wages accordingly to attract talented individuals, says Sanan Angubolkul, chairman of the Thai Chamber of Commerce.

• GENERAL

  Firms fret over oil price fluctuations

  Business, Published on 16/10/2023

  » Concern the Israeli-Hamas conflict may escalate has led to worries over volatility in global crude oil prices.

• GENERAL

  Calls for a concerted effort

  Business, Published on 21/08/2023

  » With household electricity bills surging in April as the temperature topped out at 44.6° Celsius in Thailand, followed by a record high average global temperature in July, businesses and governments are factoring in climate change when designing their forecasts.

• GENERAL

  Behind the power tariff decision

  Published on 09/08/2023

  » A lower power tariff scheduled to take effect from Sept 1 not only means cheaper electricity bills for households and businesses during the last four months of this year, but also helps the debt-ridden Electricity Generating Authority of Thailand (Egat) with its plan to settle its debt.

• GENERAL

  What carbon tariffs mean for Thailand

  Business, Published on 26/07/2023

  » In about two months, exporters will see the enforcement of the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM) during a transitional period. Perceived by entrepreneurs as a new non-tariff barrier, the CBAM is aimed at combatting global warming. A similar tool to help reduce carbon dioxide emissions is also planned by the US.

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