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Search Result for “growth”

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BUSINESS

Thai central bank chief says no drastic policy adjustment needed at the moment

Reuters, Published on 03/04/2026

» Thailand's central bank chief ​said there was no need for a drastic ​monetary policy adjustment at the moment, ‌despite expectations of a rise in inflation driven by higher oil prices amid the war in the Middle East.

BUSINESS

EV demand fuels Krungsri Auto's expansion plans

Somruedi Banchongduang, Published on 03/04/2026

» Krungsri Auto, the automotive finance arm of Krungsri (Bank of Ayudhya), aims to maintain its leadership in electric vehicle (EV) lending as demand rises amid surging oil prices.

BUSINESS

TQM premium growth target remains on track

Business, Nareerat Wiriyapong, Published on 03/04/2026

» Despite near-term challenges from the Middle East war, TQM Insurance Broker remains on track to grow its premiums by 8-10% to 22 billion baht this year thanks to booming electric vehicle (EV) policies due to elevated oil prices.

BUSINESS

Capital markets to undergo reforms to boost activity

Business, Nuntawun Polkuamdee, Published on 03/04/2026

» Thailand's capital market regulators are preparing to roll out a series of major reforms following this week's formation of a new government, aiming to revitalise market activity, attract new-economy businesses, and strengthen long-term investor confidence.

BUSINESS

Malee predicts revenue growth of up to 12%

Business, Somhatai Mosika, Published on 03/04/2026

» Malee Group Plc, a fruit juice producer, says the effects of the war in the Middle East remain manageable as it targets 9-12% revenue growth this year, up from 7.8 billion baht in 2025.

BUSINESS

Xpeng eyes Thai plant as EV demand surges

Lamonphet Apisitniran, Published on 03/04/2026

» Chinese electric vehicle maker Xpeng is conducting a feasibility study on establishing a manufacturing plant in Thailand to support its export market, with a final decision expected within 1-2 years.

BUSINESS

Commercial EVs picked to propel Thai boom

Business, Lamonphet Apisitniran, Published on 02/04/2026

» Thailand's battery electric vehicle (BEV) market is expected to gain significant momentum this year, with sales projected to surpass 120,000 units partially due to soaring oil prices, says the Electric Vehicle Association of Thailand (EVAT).

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

BUSINESS

Banks raise reserves to deal with effects of war

Somruedi Banchongduang, Published on 01/04/2026

» Thai banks are increasing their loan-loss reserves to prepare for the impact of a prolonged war in the Middle East and to support a growing number of vulnerable customers.

BUSINESS

Fuel crisis powers surge in EV interest in Asia

Reuters, Published on 01/04/2026

» Motorists across the Asia-Pacific region are switching to electric vehicles at a rapid pace, as rising fuel costs due to the Middle East war force consumers and companies ​to reconsider their reliance on petrol and diesel vehicles.