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BUSINESS

FTI gloom over car sales amid strict loans

Business, Piyachart Maikaew, Published on 19/07/2019

» The Federation of Thai Industries (FTI) forecasts local car sales to decline in the next few months, blaming strict loan approvals from financial institutions and bearish economic sentiment.

BUSINESS

MGC adds Peugeot to its import stable

Business, Piyachart Maikaew, Published on 18/07/2019

» Master Group Corporation Asia (MGC), a local provider of automobile services, has been appointed by French car maker Groupe PSA to be the authorised importer and distributor of Peugeot cars in Thailand.

BUSINESS

ERC stands pat on fuel tariff rate

Piyachart Maikaew, Published on 11/07/2019

» The Energy Regulatory Commission (ERC) on Thursday approved the continuation of the fuel tariff (Ft) rate of 3.64 baht per kilowatt-hour for September-December, the third period of 2019.

BUSINESS

Car makers optimistic about sales

Business, Piyachart Maikaew, Published on 27/06/2019

» Car makers are confident that there will be healthy growth in the local market for the rest of the year despite pressure from the US-China trade dispute.

BUSINESS

Partner to power BMW EVs

Business, Piyachart Maikaew, Published on 21/06/2019

» DTS Draexlmaier Automotive System Thailand will start high-voltage battery production in July, with a plan to supply the output to the BMW plant in Rayong for the manufacture of plug-in hybrid electric vehicles (EVs), says BMW Group Thailand.

BUSINESS

FTI: Agriculture stimulus needed for growth

Business, Piyachart Maikaew, Published on 14/06/2019

» The new government is being urged to stimulate the country's agricultural sector because crop prices remain low and farmers have limited purchasing power in the local market, says the Federation of Thai Industries (FTI).

BUSINESS

Vehicle sales up 3.7% in sluggish May

Business, Piyachart Maikaew, Published on 14/06/2019

» Car sales growth is likely to slow in the second half as the local market sees fewer model launches to attract buyers and the political picture remains opaque to car makers, says the automotive industry club of the Federation of Thai Industries (FTI).

BUSINESS

May auto output dips on export slowdown

Piyachart Maikaew, Published on 13/06/2019

» Automotive output in May dropped by 6.11% year-on-year to 181,338 units on an export slowdown, the Federation of Thai Industries (FTI) said on Thursday.

BUSINESS

More stimulus urged despite industrial sentiment uptick

Piyachart Maikaew, Published on 13/06/2019

» The Federation of Thai Industries (FTI) has urged the new government to speed up its economic stimulus measures to sustain investors' confidence after the general election.

BUSINESS

Toyota launches new Commuter van

Business, Piyachart Maikaew, Published on 12/06/2019

» Toyota Motor Thailand remains keen to capture Thailand's van market, expecting to sell 9,600 vans in 2019, up 23%, as the government clamps down on fixed-route public vans.