Showing 1-10 of 264 results
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EV sector may face new chip shortage
Business, Lamonphet Apisitniran, Published on 15/07/2023
» Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).
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Svolt preps B1.25bn EV battery factory
Business, Lamonphet Apisitniran, Published on 07/07/2023
» Svolt Energy Technology, a Chinese manufacturer of batteries and energy storage systems, is spending 1.25 billion baht to build an electric vehicle (EV) battery factory in Chon Buri to serve Chinese and Japanese EV makers.
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Tourism spurs manufacturing uptick
Business, Lamonphet Apisitniran, Published on 01/07/2023
» Thailand's manufacturing production index (MPI) fell by 3.14% year-on-year to 94.8 points in May because of an export slowdown, although the reading improved from April thanks to the tourism recovery, says the Office of Industrial Economics (OIE).
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Japanese eye EEC outlay of B3.7bn
Business, Lamonphet Apisitniran, Published on 28/06/2023
» At least three Japanese firms are expected to invest roughly 3.7 billion baht in industries such as electric vehicles (EVs) and smart electronics in the Eastern Economic Corridor (EEC), says the Industrial Estate Authority of Thailand (IEAT).
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Alarm over weather-related threats
Business, Lamonphet Apisitniran, Published on 08/06/2023
» Drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion baht to the Thai economy this year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
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Thailand at risk of drought as water demand outstrips supply
Business, Lamonphet Apisitniran, Published on 06/06/2023
» Thailand is at risk of water scarcity in the eastern region, where the government's flagship investment project Eastern Economic Corridor (EEC) is being developed, as water demand grows while supply is limited, says the Federation of Thai Industries (FTI).
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Korean firms set to invest B7bn locally
Business, Lamonphet Apisitniran, Published on 26/05/2023
» Five South Korean companies are keen to embark on new investment projects in Thailand, ranging from an electric vehicle (EV) business to the construction of a new industrial estate, says the Industrial Estate Authority of Thailand (IEAT).
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Investment in factories creates 30,000 jobs in H1
Business, Lamonphet Apisitniran, Published on 03/05/2023
» Thailand built or expanded 1,211 factories during the first half of fiscal 2023 with an investment value of 113 billion baht, generating more than 30,000 jobs, according to the Industry Ministry.
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Elections offer respite as output dips
Business, Lamonphet Apisitniran, Published on 29/04/2023
» Election campaigns are expected to stimulate the economy briefly amid global economic uncertainties that are blamed for causing the Manufacturing Production Index (MPI) to dip by 4.56% year-on-year in March to 104.6 points, says the Office of Industrial Economics (OIE).
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FTI forecasts production to reach 2m
Business, Lamonphet Apisitniran, Published on 26/04/2023
» The Federation of Thai Industries (FTI) expects car manufacturing in Thailand to reach 2 million cars this year, close to the level recorded prior to the Covid-19 pandemic, despite concerns over the impact of costly electricity bills and banking problems overseas.
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