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BUSINESS

Industry sentiment at 17-month low

Piyachart Maikaew, Published on 20/11/2019

» Thai Industries Sentiment Index (TISI) for October hit its lowest level in 17 months, the Federation of Thai Industries (FTI) reported on Wednesday.

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BUSINESS

Car sales down 11% y/y

Piyachart Maikaew, Published on 20/11/2019

» Car sales fell in October year-on-year, totalling at 77,121 units, down by 11.3% on the same month in 2018, the Federation of Thai Industries announced on Wednesday.

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BUSINESS

Nissan readies 3-year, B10bn spending plan

Business, Piyachart Maikaew, Published on 16/11/2019

» Nissan Motor Thailand plans to assign 10 billion baht for a three-year business plan to increase production capacity and develop new vehicles at its facilities in Samut Prakan.

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BUSINESS

B.Grimm's Korean projects firming up

Business, Piyachart Maikaew, Published on 15/11/2019

» SET-listed B.Grimm Power Plc expects to conclude development plans for new power projects in South Korea by December after forging partnerships with two local companies during 2018-19.

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BUSINESS

Local Mazda plant slashes overtime

Business, Piyachart Maikaew, Published on 13/11/2019

» Mazda's operation in Thailand has reduced its overtime payments for local workers as it production plan for this year decreased in line with lower exports and domestic sales, attributed to the US-China trade war.

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BUSINESS

Toyota anticipates decade of electric cars

Business, Piyachart Maikaew, Published on 12/11/2019

» Toyota Motor Corporation expects in the next decade people will gear up for sales of electrified vehicles, covering four categories: hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

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BUSINESS

TCP targets Myanmar with plant

Business, Piyachart Maikaew, Published on 22/10/2019

» TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects.

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BUSINESS

Borneo upbeat despite weak economy

Business, Piyachart Maikaew, Published on 21/10/2019

» Borneo Technical Thailand, a distributor and trader of industrial and automotive products, aims to increase revenue by 8-10% in fiscal 2019 ending next March amid a weak domestic economy.

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BUSINESS

Industry sentiment hits 12-month low

Piyachart Maikaew, Published on 18/10/2019

» The Thai Industries Sentiment Index (TISI) in September hit its lowest level in 12 months, dropping to 92.1, wilting under pressure from the continuing US-China trade war, which largely impacted the export sector, the Federation of Thai Industries (FTI) reported on Friday.

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BUSINESS

Car production figures down

Piyachart Maikaew, Published on 18/10/2019

» The Federation of Thai Industries (FTI) has lowered its projection for automobile production in 2019 from 2.15 million units to 2 million, blaming a bearish sentiment in both local sales and exports.