Showing 1 - 10 of 2,227
Mercedes teams up for insurance offer
Business, Lamonphet Apisitniran, Published on 04/10/2024
» Mercedes-Benz Mobility, the financial and mobility services division of the German luxury automaker, expects Mercedes-Benz car sales to increase during the Bangkok International Motor Expo later this year, despite a sluggish market, after launching a new sales promotion.
Board of Investment targets Thai digital hub status
Business, Lamonphet Apisitniran, Published on 03/10/2024
» Thailand has the potential to become a digital economic hub in Southeast Asia, driven by the growth of domestic data centres and cloud service businesses, including a recent investment from Google, says the Board of Investment (BoI).
Thailand's industry leaders seek discussions
Business, Lamonphet Apisitniran, Published on 03/10/2024
» The unsettled debate on an appropriate policy rate amid baht appreciation has led Thailand's Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to request a discussion with the Bank of Thailand, seeking an interest rate reduction.
Estate for SMEs in EEC mooted
Business, Lamonphet Apisitniran, Published on 02/10/2024
» A new industrial estate developed specifically for small and medium-sized enterprises (SMEs) is likely to be situated in the Eastern Economic Corridor (EEC), says the Industrial Estate Authority of Thailand (IEAT).
Call for action as baht sparks panic
Lamonphet Apisitniran, Published on 27/09/2024
» Serious efforts to address baht appreciation are needed as it is threatening to dampen the country’s key economic engines of exports and tourism, while businesses struggle with an unsettled domestic economy, says the Federation of Thai Industries (FTI).
Production index projected to decline 1% in 2024
Business, Lamonphet Apisitniran, Published on 27/09/2024
» Thailand's Manufacturing Production Index (MPI) is likely to contract by 1% this year, given the declines recorded during the first eight months of the year, caused by a raft of economic problems and the impact of severe floods, says the Office of Industrial Economics (OIE).
Hyundai unit may adjust output post-2026
Business, Lamonphet Apisitniran, Published on 27/09/2024
» Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group, plans to produce 5,000 battery electric vehicles (BEVs) a year at its plant in Samut Prakan in 2026, but may need to adjust future volume as domestic car sales sag.
Farm machine market set to grow by 2%
Business, Lamonphet Apisitniran, Published on 26/09/2024
» The value of Thailand's agricultural machine market is expected to grow by 1-2% year-on-year to 70 billion baht in 2024 despite high levels of household debt and the sagging economy, says farm truck maker Siam Kubota Corporation.
Car slump in August causes panic
Lamonphet Apisitniran, Published on 25/09/2024
» The sluggish automotive industry is causing concern as car manufacturing, domestic sales and exports all fell in August, says the Federation of Thai Industries (FTI).
Ministries to promote national defence
Business, Lamonphet Apisitniran, Published on 24/09/2024
» The Industry Ministry is preparing to discuss a plan with the Defence Ministry to promote national defence as part of the ongoing efforts to strengthen S-curve industries to drive GDP.