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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

Car export tally lowest in 93 months

Business, Piyachart Maikaew, Published on 21/02/2020

» The country's car exports in January recorded the lowest volume in 93 months, totalling 65,295 cars, a sharp drop of 20% year-on-year as overall economic sentiment at import destinations remained downbeat from the US-China trade war.

BUSINESS

FTI: 19 sectors see virus impact

Business, Piyachart Maikaew, Published on 21/02/2020

» The Federation of Thai Industries (FTI) forecasts 19 industrial sectors will be affected by the coronavirus outbreak in terms of export volume and logistics systems from Thailand to China.

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.

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.

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BUSINESS

Swag EV lines up electric scooter plant

Business, Piyachart Maikaew, Published on 24/01/2020

» Singaporean startup Swag EV plans to establish an assembly plant for electric scooters in Thailand next year to take advantage of the large motorcycle supply chain locally, reducing assembly costs.

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BUSINESS

Toyota reels from strong baht but still banks on local plants

Business, Piyachart Maikaew, Published on 24/01/2020

» Toyota Motor Thailand is feeling the pinch of baht appreciation and has a negative outlook on car and auto part exports in 2020.

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BUSINESS

Siam GS upbeat on outlook

Business, Piyachart Maikaew, Published on 30/01/2020

» Siam GS Battery, an affiliate of Siam Motors Group, remains optimistic about its car battery shipments amid bearish exports and the baht's appreciation.

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BUSINESS

Nissan vows to initiate hybrid investment in 2020

Business, Piyachart Maikaew, Published on 07/01/2020

» Nissan Motor Thailand has confirmed the beginning of an almost 11-billion-baht investment to produce hybrid vehicles with its e-Power technology this year at facilities in Samut Prakan.