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BUSINESS

Mitsubishi commits to increasing eco-car output

Business, Piyachart Maikaew, Published on 02/03/2015

» Japanese car maker Mitsubishi Motors Corporation says it is committed to eco-car manufacturing in Thailand following the Board of Investment (BoI) approval of its investment applications last October.

BUSINESS

Maxus shifts to serve rental van demand

Business, Piyachart Maikaew, Published on 03/03/2015

» Maxus Motor (Thailand), the authorised importer and distributor of Britain's Maxus commercial van, is eyeing fleet sales to car rental companies to meet strong demand from that segment.

BUSINESS

Panel knocks tepid effort to spur economy

Business, Piyachart Maikaew, Published on 04/03/2015

» Voicing concern about the country's economic prospects, businesses are urging the government to rev up budget disbursement and infrastructure development.

BUSINESS

Mega Home looks to borders

Business, Piyachart Maikaew, Published on 09/03/2015

» Mega Home Center Co, the chain seller of home and construction materials, is keen to expand its branches in border provinces to cash in on flourishing border trade and special economic zone (SEZ) activity.

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BUSINESS

Toyota sounds alarm on fading car market

Business, Piyachart Maikaew, Published on 12/03/2015

» Japanese car maker Toyota Motor Thailand is considering a cut to its sales target, saying the Thai economy and auto market have not recovered as fast as expected.

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BUSINESS

Stable environment, lower costs boost homebuilding

Business, Piyachart Maikaew, Published on 29/01/2015

» Homebuilding demand is expected to increase by 10% to 15-16 billion baht this year, driven by restored consumer confidence and declining construction material prices.

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BUSINESS

Thai-funded regional road network pushed

Business, Piyachart Maikaew, Published on 30/01/2015

» The government is being urged to invest more in road networks with neighbouring countries to drive border trade while speeding up all planned mass-transit projects to stimulate growth.

BUSINESS

Pruksa studies energy-saving concept house

Business, Piyachart Maikaew, Published on 05/02/2015

» SET-listed developer Pruksa Real Estate (PS) is studying building energy-saving houses for introduction next year at The Plant Pattanakarn, a detached house project with prices starting from 5 million baht per unit.

BUSINESS

Return to normal sales level expected

Business, Piyachart Maikaew, Published on 06/02/2015

» Despite improving economic prospects this year, domestic car sales are expected to increase by only 2% to 900,000 vehicles, says US-based car maker General Motors (Thailand). But that figure would represent a return to normal level for car sales, as the extraordinary growth seen from 2012-13 was driven by government tax rebates, managing director Marcos Purty said yesterday.The Federation of Thai Industries (FTI) said sales in 2010 and 2011 stood at 800,357 and 795,250 vehicles, respectively.

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BUSINESS

BMW plans provincial drive

Business, Piyachart Maikaew, Published on 09/02/2015

» Automaker BMW Group Thailand is keen to push luxury cars and premium big bikes in the provincial market, aiming to raise upcountry sales from 20% last year to 25% in the next three years.