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FTI ready to lobby for Euro 5-6 perks
Business, Piyachart Maikaew, Published on 12/03/2019
» The Federation of Thai Industries (FTI) plans to lobby the next administration for more tax incentives for automakers, in response to the current government's policy to upgrade vehicle fuel standards to Euro 5 and 6, a move the FTI finds unclear and unattractive.
Charging up the EV market
Business, Piyachart Maikaew, Published on 18/09/2017
» The government is offering full support to electrical vehicle (EV) manufacturers, including a series of excise tax cuts and promotional privileges that have attracted car assemblers to invest in the sector as a means to prop up sales of the eco-friendly vehicles. But there are hiccups that could potentially thwart the government's EV vision as high pricing and job losses come into play.