Showing 1 - 10 of 62
BoI gives Natureworks tax privileges for PLA project
Business, Lamonphet Apisitniran, Published on 28/05/2021
» The Board of Investment (BoI) has granted tax privileges to polylactic acid (PLA) manufacturer Natureworks Asia Pacific Co for its 15-billion-baht investment in a biodegradable polymer production project in line with the state bio-economy scheme.
Construction boom to drive machinery sales
Business, Lamonphet Apisitniran, Published on 09/04/2024
» Heavy machinery sales are expected to rise by 5% this year, driven by the growth of the construction sector, according to the latest estimate by Chinese manufacturer LiuGong Machinery.
Panel unfazed by higher diesel cost
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Manufacturers are unlikely to increase the prices of goods if the government decides to allow the price of domestic diesel to exceed 30 baht a litre, following the expiry of a subsidy scheme using the Oil Fuel Fund on March 31, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Chinese EV makers fear price war
Lamonphet Apisitniran, Published on 26/03/2024
» Some major Chinese electric vehicle manufacturers are reportedly planning to ask Beijing to prevent a “price war” among Chinese automakers in overseas EV markets, including Thailand, aiming to maintain a good image in the industry.
Chinese manufacturers fuel EV market
Business, Lamonphet Apisitniran, Published on 26/03/2024
» The local electric vehicle market will continue to grow rapidly, driven by more investment from Chinese EV makers in Thailand, causing manufacturers to cut prices to attract consumers, according to major car companies.
Isuzu allocates B32bn for Thailand investments
Business, Lamonphet Apisitniran, Published on 21/03/2024
» Yokohama, Japan-based automaker Isuzu Motors plans to spend ¥1 trillion (240 billion baht) to fuel its investments through 2030, with part of the budget allocated for battery cell and electric pickup manufacturing in Thailand, which will serve as the company's electric vehicle (EV) export base.
Taking a closer look at the EV expansion
Lamonphet Apisitniran, Published on 08/03/2024
» Domestic sales of battery electric vehicles (BEVs) skyrocketed last year by 603% year-on-year to 73,568 units, with the trend expected to continue this year, according to the Federation of Thai Industries (FTI).
Panel weighs new minimum wage hike
Business, Lamonphet Apisitniran, Published on 26/02/2024
» The tripartite wage committee is considering the factors used to calculate the daily minimum wage, following the government proposal to increase the rate for a second time this year, says the Employers' Confederation of Thai Trade and Industry (EconThai).
Federation of Thai Industries warns of business woes ahead of minimum wage hike
Business, Lamonphet Apisitniran, Published on 22/02/2024
» The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this year.
FTI says wage hike will hit small firms
Business, Lamonphet Apisitniran, Published on 23/01/2024
» Businesses, especially small and medium-sized enterprises (SMEs), are likely to suffer from a daily minimum wage increase amid high loan interest rates as the government continues to push for the wage hike, says the Federation of Thai Industries (FTI).