Showing 1 - 10 of 13
BYD acquires 20% stake in Thai dealer
Reuters and Post Reporters, Published on 06/07/2024
» The Chinese electric vehicle maker BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is the EV market leader, the companies said on Saturday.
Europe taxes EVs, China goes after cognac
Reuters, Published on 06/07/2024
» AIX-EN-PROVENCE, France - China’s anti-dumping investigation into Europe’s cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, says the luxury goods group LVMH.
Old-rice auction winner faces disqualification
Phusadee Arunmas, Published on 06/07/2024
» The unofficial winner of an auction for 15,000 tonnes of old rice is likely to be disqualified after the Public Warehouse Organization (PWO) detected several irregularities, according to a source at the Ministry of Commerce.
Vietnam accelerating economic growth could hit 7%
Bloomberg News, Published on 06/07/2024
» HANOI - Vietnam's economic growth is accelerating and could meet or exceed the government’s 6.5% target this year, Planning and Investment Minister Nguyen Chi Dung said during the prime minister's cabinet meeting Saturday morning.
BAFS aims to be the real deal
Business, Yuthana Praiwan, Published on 06/07/2024
» Bangkok Aviation Fuel Services (BAFS) is not only keen on selling sustainable aviation fuel (SAF), but also wants to offer "real" SAF to its customers.
Two bidders seek satellite slots
Business, Komsan Tortermvasana, Published on 06/07/2024
» Two companies bought bidding envelopes for the auction of two packages of satellite orbital slot rights: 50.5° East and 142°E.
BoT views household debt trend as easing
Business, Somruedi Banchongduang, Published on 06/07/2024
» The Bank of Thailand anticipates a further decline in the country's household debt-to-GDP ratio, supported by the Thai economic recovery and slower loan growth.
Asian shares, currencies end week on upbeat note
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 06/07/2024
» RECAP: Asian equities were poised for weekly gains on Friday as soft US labour market data buoyed expectations of interest rate cuts by the Federal Reserve later this year. Most regional currencies also inched higher versus a weaker dollar.
Inflation in Q3 expected to be low
Business, Phusadee Arunmas, Published on 06/07/2024
» Headline inflation in the third quarter is expected to be low, similar to the previous quarter, while it is likely to increase to 1% in the fourth quarter, aligning with the inflation target for the full year.
TAT sees seat capacity as key to enticing Chinese tourists
Business, Kuakul Mornkum, Published on 06/07/2024
» The government target to attract 8 million Chinese tourists this year remains achievable if airlines can ramp up seat capacity to more than 80% of pre-pandemic levels, according to the Tourism Authority of Thailand (TAT).