Showing 1 - 10 of 90
Inoue Rubber eyes 5% revenue uptick
Lamonphet Apisitniran, Published on 26/05/2025
» SET-listed rubber auto parts manufacturer Inoue Rubber Thailand expects revenue to increase by 5% this year, driven by demand for premium motorcycle tyres during a 90-day pause in Washington's reciprocal tariffs.
Michelin pins investment on EV policy
Lamonphet Apisitniran, Published on 25/11/2024
» French tyre maker Michelin vows to expand its investment in Thailand, hoping to benefit from the government's electric vehicle (EV) promotion policy despite weak domestic car sales.
Adverse weather boosts rubber prices to 13-year high
Reuters, Published on 16/10/2024
» SINGAPORE - Excessive monsoon rains following a drought in the world's top rubber producer Thailand and typhoon damage in No. 5 grower China are reducing output of the tyre-making material, dragging down production prospects and lifting prices to 13-year highs.
Shares rise as US data points to more rate cuts
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 12/10/2024
» RECAP: Stocks in the region rose after slightly weaker US labour data reinforced the belief that the Federal Reserve will continue to cut interest rates in November.
BOI approves $400m investment by tyre-maker Continental
Bloomberg News, Published on 09/10/2024
» The Board of Investment (BOI) said on Wednesday it had approved a US$400 million investment by tyre-maker Continental to expand its existing facility in Thailand, which is the world's second largest tyre producer after China.
Fraying the ties that bind
Business, Post Reporters, Published on 09/09/2024
» As a new government takes over, the Thai economy has handled significant volatility during the past 12 months, driven by both internal and external challenges.
Michelin plans to invest 300 million euros in Thailand
Reuters, Published on 08/03/2024
» The government said on Friday French tyre maker Michelin planned to invest 300 million euros (11.63 billion baht) in Thailand over the next three years to increase production capacity.
BoI sees dramatic jump in investments
Business, Phusadee Arunmas, Published on 07/02/2024
» Applications for investment promotion in 2023 soared to a five-year high of 848 billion baht, an increase of 43% from the previous year's adjusted number, fuelled by substantial foreign investments within the five priority sectors outlined in the Board of Investment's (BoI) new Investment Promotion Strategy.
Institute expects test track to help fuel growth of EV industry
Business, Lamonphet Apisitniran, Published on 12/01/2024
» The Thailand Automotive Insitute (TAI) expects to further fuel the growth of Thailand's electric vehicle industry by providing EV manufactures with a test track, which will become a new source of revenue for the country.
Goodyear takes up EV tyre challenge
Bloomberg News, Published on 09/01/2024
» LAS VEGAS - The US tyre producer Goodyear is developing a product for electric vehicles that it says will help improve something that has hampered their competitiveness against petrol-powered vehicles: tyre life.