Showing 1 - 10 of 12
Thai EV sales could jump 40% in 2025
Reuters, Published on 31/01/2025
» Thailand is bracing for an extended electric vehicle (EV) price war triggered by a surge in local production from Chinese car makers, a move likely to deal a further blow to a domestic auto industry already struggling with tumbling sales, industry experts said.
Auto sector reels from falling orders, soaring household debt
Reuters, Published on 25/09/2024
» Thailand's US$53 billion automobile industry is facing a grim future as highly indebted domestic consumers struggle to finance purchases and overseas buyers of its mainstay traditional vehicles increasingly switch to electric alternatives.
Rever Leasing aims to lead EV loan market
Somruedi Banchongduang, Published on 17/04/2024
» Rever Leasing, an auto loan unit under Rever Automotive Co, the sole distributor of BYD electric vehicles (EVs), is poised to commence operations next month, setting a lofty goal to emerge as the premier provider of EV loans in Thailand in a few years.
Expanding for the long term
Business, Suchit Leesa-nguansuk, Published on 06/04/2024
» Executives at long-standing conglomerate Yip In Tsoi Co Ltd credit expansion of its empire and navigating through challenges to foresight, business diversification and strong partnerships.
CEOs voice concerns for 2024
Business, Post Reporters, Published on 02/01/2024
» Thailand is projected to post slow economic growth in the near future compared with pre-pandemic rates. Several public and private agencies have GDP forecasts for 2024 ranging from 3-3.4%, excluding implementation of the government's digital wallet scheme.
Markets meant to limit climate change
Business, Published on 08/02/2023
» Attempts to reduce carbon dioxide emissions are not restricted to environmental and technological approaches, as economic instruments are meant to support campaigns against global warming.
Leaders urge varied economic focus
Business, Published on 01/09/2022
» Industry leaders shared views of how the country should move forward, from creating multiple economic growth engines to the promotion of the electric vehicle (EV) industry, to allow Thailand to attain economic sustainability.
Oil, war, pandemic: Economic costs mount
Business, Published on 14/03/2022
» The Russian invasion of Ukraine is sending economic shockwaves around the globe with crude oil prices at one point reaching US$130 per barrel, hitting businesses already reeling from tepid consumption caused by the Covid-19 pandemic.
SET has best week of year as Pyongyang rattles investors
Business, Published on 04/09/2017
» Recap: Another missile launch by North Korea and Hurricane Harvey in the US shook global capital markets as investors reallocated assets, shifting to safe havens such as gold and bonds, as well as equities in Asian emerging markets including Thailand. Previously the worst performer among emerging market peers, the SET had its highest weekly percentage gain of the year.
Charter vote lifts set in good week for stocks
Business, Published on 15/08/2016
» Recap: Asian stock markets advanced last week, buoyed by a big gain in US jobs in July and a slowdown in the decline of Chinese producer prices. The Thai stock market rallied as investors' confidence in political stability improved after voters endorsed the draft constitution by a margin of 61% to 39% in the Aug 7 referendum. The SET was closed on Friday so there has been no market reaction yet to a series of deadly bombings that hit five southern provinces.