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GENERAL

Energy producers urge talks on claims dispute

Business, Lamonphet Apisitniran, Published on 02/03/2024

» Member companies of the Petroleum Exploration and Production Industry Club are keen to support fresh government efforts to resume oft-delayed talks on joint petroleum production by Thailand and Cambodia in the overlapping claims area (OCA) in the Gulf of Thailand.

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GENERAL

Auto slowdown dents January index

Business, Lamonphet Apisitniran, Published on 01/03/2024

» The Manufacturing Production Index (MPI) decreased by 2.94% year-on-year to 99.2 points in January as the country struggled with many economic problems, especially the impact of the highest level of car seizures in five years, says the Office of Industrial Economics (OIE).

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THAILAND

Pirapan says electricity bills to stay at same rate

News, Lamonphet Apisitniran, Published on 29/02/2024

» Energy Minister Pirapan Salirathavibhaga on Wednesday assured the public that electricity bills will not rise from May to August as the ministry is committed to maintaining the present power tariff for households at 4.18 baht per unit.

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GENERAL

FTI foresees drop in border trade

Business, Lamonphet Apisitniran, Published on 27/02/2024

» Thailand's border trade is expected to slow down this year due to the ongoing political conflict in Myanmar and economic problems in other neighbouring countries, says the Federation of Thai Industries (FTI).

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MOTORING

BMW to announce local EV battery plant plan

Business, Lamonphet Apisitniran, Published on 28/02/2024

» BMW Group Thailand is planning to build an electric vehicle battery factory in Thailand this year to support its sales of battery EVs and plug-in hybrid EVs, competing with Chinese EV supply chains.

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GENERAL

Panel weighs new minimum wage hike

Business, Lamonphet Apisitniran, Published on 26/02/2024

» The tripartite wage committee is considering the factors used to calculate the daily minimum wage, following the government proposal to increase the rate for a second time this year, says the Employers' Confederation of Thai Trade and Industry (EconThai).

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GENERAL

Gourmet One sets B1bn expansion plan

Business, Lamonphet Apisitniran, Published on 24/02/2024

» One method Gourmet One Food Service (Thailand) uses to gauge the health of the country's tourism industry is to examine its sales figures for sausages.

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GENERAL

Federation of Thai Industries warns of business woes ahead of minimum wage hike

Business, Lamonphet Apisitniran, Published on 22/02/2024

» The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this year.

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GENERAL

Pickup sales plunge by more than 43%

Business, Lamonphet Apisitniran, Published on 23/02/2024

» Domestic sales of pickups remained sluggish in January, plummeting more than 43% year-on-year, as banks remain cautious in granting auto loans, says the Federation of Thai Industries (FTI).

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INVESTMENT

Novel packages to drive investment

Business, Lamonphet Apisitniran, Published on 22/02/2024

» The new electric vehicle (EV) incentive packages will play a vital role in increasing investment in the automotive industry and related businesses, says the Federation of Thai Industries (FTI).