Showing 1 - 10 of 1,557
PTT sees business taking off in 2nd half
Business, Yuthana Praiwan, Published on 24/08/2024
» National oil and gas conglomerate PTT Plc expects a better business performance in the latter half of 2024, thanks to an improving Thai economy and an increase in energy demand typical of year-end festivals and the tourism season.
Traders on sidelines awaiting signals from Fed chief
Business, Published on 24/08/2024
» RECAP: Trade was subdued in most Asian stock markets yesterday while the dollar rebounded from one-year lows, as investors were cautious ahead of a major speech by US Federal Reserve chairman Jerome Powell.
VinFast delays Thai dealerships amid global EV sales slowdown
Bloomberg News, Published on 22/08/2024
» HANOI - Vietnamese electric-vehicle (EV) maker VinFast Auto Ltd is postponing the opening of its Thailand dealership network amid a broad slowdown in passenger car sales in Southeast Asia's second-largest economy.
PTT to put stress on EV charging services
Business, Yuthana Praiwan, Published on 21/08/2024
» National oil and gas conglomerate PTT Plc aims to focus more on electric vehicle (EV) charging services in line with Thailand's expanding EV market, but will consider adjusting its other EV-related businesses, including its electric car assembly operations.
DLT to investigate Chinese transport sector 'dominance'
News, Post Reporters, Published on 14/08/2024
» The Department of Land Transport (DLT) on Tuesday played down media reports of Chinese companies increasingly dominating the domestic transport sector through takeovers of struggling Thai transport businesses, saying licences granted to one business could not be transferred to another even in a takeover.
Hyundai to invest $28m in Thailand for EV assembly, batteries
Reuters, Published on 07/08/2024
» South Korean auto maker Hyundai Motor Company will invest 1 billion baht (US$28 million) to set up a facility to assemble electric vehicles (EVs) and batteries in Thailand, the country's Board of Investment (BOI) said on Wednesday.
BYD ‘to offer free charging’ after discount protest
Post Reporters, Published on 31/07/2024
» The Thai importer and distributor of BYD cars will offer one year of free charging to previous buyers of about 50,000 of its electric vehicles to make up for recent price slashing, according to a cabinet minister.
Big Tech sell-off takes toll on Asian equities
Business, Published on 27/07/2024
» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.
China doubles cash subsidies to propel EV sales as economic growth falls short
South China Morning Post, Published on 26/07/2024
» HONG KONG - Beijing has doubled subsidies granted to electric vehicle (EV) buyers, just three months after it rolled out incentives to accelerate the transition of the domestic automotive industry.
Chinese EV makers urged to use locally sourced parts
Business, Lamonphet Apisitniran, Published on 23/07/2024
» The Industry Ministry is requesting Chinese electric vehicle manufacturers assemble their EVs with at least 40% of parts sourced locally in a move to support the automotive supply chain in Thailand.