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BUSINESS

Car makers jittery on post-poll instability

Business, Piyachart Maikaew, Published on 27/03/2019

» Car makers are voicing concerns over potential post-election instability and wage increases that could challenge Thailand's automotive market, despite this year's healthy sales projections.

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BUSINESS

PTT, Gulf team up on EEC ports

Business, Piyachart Maikaew, Published on 04/04/2019

» PTT Plc, the national oil and gas conglomerate, is wagering on a consortium with Gulf Energy Development Plc to develop two megaprojects in the flagship Eastern Economic Corridor (EEC), saying the companies could create good synergy in the long run.

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BUSINESS

FTI uneasy over car loan measures

Business, Piyachart Maikaew, Published on 09/04/2019

» The Federation of Thai Industries (FTI) disagrees with new measures from the Bank of Thailand to control auto loans, saying they would pressure new car sales based on panic changes.

BUSINESS

Mazda drags feet on B10, B20 biodiesel upgrades

Business, Piyachart Maikaew, Published on 12/04/2019

» Japan-based Mazda feels reluctant to upgrade its locally made pickups to be either B10- and B20-compatible, which would trigger an excise tax reduction and mean cheaper biodiesel fuel prices for drivers, both government schemes.

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THAILAND

FTI ready to lobby for Euro 5-6 perks

Business, Piyachart Maikaew, Published on 12/03/2019

» The Federation of Thai Industries (FTI) plans to lobby the next administration for more tax incentives for automakers, in response to the current government's policy to upgrade vehicle fuel standards to Euro 5 and 6, a move the FTI finds unclear and unattractive.

BUSINESS

GPSC mulls de-listing Glow from bourse

Business, Piyachart Maikaew, Published on 16/03/2019

» Global Power Synergy Plc (GPSC) Plc is considering de-listing Glow Energy Plc from the stock market after GPSC completes the takeover process of Glow in the first half of 2019.

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BUSINESS

Eco EV turned down by 3 car makers

Business, Piyachart Maikaew, Published on 15/03/2019

» Three Japanese car makers have passed on joining the government's scheme to promote electric vehicles, Eco EV, because they are not ready to adopt the new technology and have asked for a one-year extension, says the Office of Industrial Economics (OIE).

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BUSINESS

Honda objects to Eco EV tech standards

Business, Piyachart Maikaew, Published on 20/03/2019

» Honda Automobile Thailand has joined the chorus opposing the government's Eco EV programme, saying the simple and cheap EV technology the government is recommending is not suitable for the Japanese car maker's vehicles.

BUSINESS

Toyota primed for 2nd eco-car phase

Business, Piyachart Maikaew, Published on 21/03/2019

» Toyota Motor Thailand is ready to implement its 10.41-billion-baht eco-car project in 2019, the deadline year for Board of Investment (BoI) incentives.

BUSINESS

Royal Enfield unveils plan for domestic production

Business, Piyachart Maikaew, Published on 22/03/2019

» Royal Enfield, a maker of classic motorcycles, plans to assemble its bikes in Chachoengsao province from June onward, marking the first step in shifting production beyond India.