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BUSINESS

GM dealers await clarity

Business, Piyachart Maikaew & Somruedi Banchongduang, Published on 20/02/2020

» US car maker General Motors expects to clear out the 4,000-5,000 cars remaining in stock locally by offering massive discounts of 204,000-500,000 baht via major dealers.

BUSINESS

Trade Competition Commission gets tough with Nissan

Business, Phusadee Arunmas and Piyachart Maikaew, Published on 08/02/2020

» The Trade Competition Commission has ordered Nissan Motor Thailand to rescind its contract termination with seven dealers, calling the Japanese car firm's unilateral refusal to renew the dealership contracts an unfair trade practice.

BUSINESS

Honda expects slow drive of motocycle sales again

Piyachart Maikaew, Published on 29/01/2020

» AP Honda, the local distributor arm of Japanese motorcycles, expects Thailand's motorcycle market to drop 2.3% in 2020 to 1.7 million units, citing unfavourable risks in bearish GDP growth and low crop pricing.

BUSINESS

Hazy shade of winter

Business, Dusida Worrachaddejchai, Suchit Leesa-nguansuk & Piyachart Maikaew, Published on 27/01/2020

» Waking up to a misty skyline resembling the mysterious town of Silent Hill, a survival horror video game, with the haze foreshadowing obscured dangers lurking in thick smog, is jarring for all Bangkok residents.

BUSINESS

BoI seeks to spark EV interest

Business, Piyachart Maikaew & Chatrudee Theparat, Published on 23/12/2019

» The government is keen to push forward Thailand's automotive industry to develop into a regional hub for electric vehicles (EVs). The auto sector has been an integral part of the economy for over 60 years, with a shipment value totalling almost 1 trillion baht annually.

BUSINESS

Agency mulls car demolition perks

Business, Wichit Chantanusornsiri and Piyachart Maikaew, Published on 12/12/2019

» The Excise Department is studying incentives and measures to encourage motorists to bring their used cars in for demolition to tackle the pollution problem.

BUSINESS

Less is more

Business, Suchit Leesa-nguansuk, Piyachart Maikaew & Kanana Katharangsiporn, Published on 09/12/2019

» The times, they are a-changin'. Younger generations are shunning possession and opting for access and experiences instead, as digital nomads have a strong connection with the sharing economy concept.

BUSINESS

The slowdown hits home

Business, Piyachart Maikaew, Pathom Sangwongwanich and Phusadee Arunmas, Published on 18/11/2019

» If 2019 was already bad for businesses and policymakers, things may take a turn for the worse in 2020, as there are hints that an economic recovery is still out of sight, with a higher unemployment rate and shrinking factory production looming large.

BUSINESS

Shoring up investment

Business, Lamonphet Apisitniran & Piyachart Maikaew, Published on 23/09/2019

» The plan to reclaim a 3,000-rai land plot in Sri Racha district, Chon Buri province has ignited voices of support and dissent as questions are raised over whether the end result will come at the expense of the environment and local communities.

BUSINESS

GDP growth seeks port in a storm

Business, Wichit Chantanusornsiri, Piyachart Maikaew, Pathom Sangwongwanich and& Chatrudee Theparat, Published on 09/09/2019

» With tropical storms bringing downpours across Thailand, many are left wondering if the torrential rains and dark clouds augur forthcoming economic woes, shattering hopes of a rebound.