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BUSINESS

GM to withdraw from Thailand this year

Piyachart Maikaew, Published on 17/02/2020

» General Motors (GM) announced it will stop selling Chevrolet vehicles in Thailand and sell its Rayong plant by the end of this year.

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BUSINESS

Chevrolet closure puts workers in limbo

Business, Piyachart Maikaew, Published on 18/02/2020

» More than 300,000 Chevrolet cars in Thailand risk losing maintenance services after the US car maker General Motors (GM) announced a halt in sales of the Chevrolet brand locally by 2020.

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BUSINESS

GM sells off factories to Great Wall

News, Piyachart Maikaew, Published on 18/02/2020

» US car giant General Motors (GM) has agreed to sell its Rayong manufacturing base to Great Wall Motors of China.

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BUSINESS

GM to lay off 1,500 staff in Rayong

Business, Piyachart Maikaew, Published on 19/02/2020

» US car maker General Motors has confirmed that roughly 1,500 workers from its Thai operations will be laid off this year once Chinese maker Great Wall Motors takes ownership of the company's Rayong facilities.

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BUSINESS

TISI up on virus protection sales

Piyachart Maikaew, Published on 20/02/2020

» Thai Industries Sentiment Index (TISI) in January increased slightly to 92.2 points from 91.7 in December, thanks to massive sales of products for the virus protection, says the Federation of Thai Industries (FTI).

BUSINESS

Businesses ready to roll with clear 5G timeline

Business, Piyachart Maikaew, Published on 16/01/2020

» Business operators are keen on 5G adoption after seeing a clear-cut schedule from the National Broadcasting and Telecommunications Commission (NBTC) to proceed with 5G licence auctions next month.

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BUSINESS

Delta prepared to supply EV uptick

Business, Piyachart Maikaew, Published on 22/01/2020

» Delta Electronics Thailand is optimistic about the country's electric vehicle (EV) market, with a plan to collaborate with car distributors to provide EV charging equipment for Thai buyers.

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BUSINESS

Industrial sentiment down

Piyachart Maikaew, Published on 22/01/2020

» The Industries Sentiment Index (TISI) for December dropped to 91.7 points from 92.3 in November, on a lower purchasing power and widespread drought affecting overall industrial and agricultural output, the Federation of Thai Industries reported.

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BUSINESS

Car production down in 2019

Piyachart Maikaew, Published on 22/01/2020

» Car production fell 7.1% year-on-year in 2019 to 2.014 million units on contractions of both local sales and exports, the Federation of Thai Industries reported on Wednesday.

BUSINESS

FTI has modest view for 2020 output

Business, Piyachart Maikaew, Published on 23/01/2020

» The Federation of Thai Industries (FTI) has a conservative outlook for car production in 2020, staying at 2 million units because of many global economic difficulties.