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BUSINESS

Asian trade subdued as economic outlook weakens

Business, Published on 13/05/2023

» RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

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BUSINESS

Luxury Car Makers Drive Formula One to Survive

Business, Published on 27/06/2022

» Formula One motor racing might be just the kind of noisy marketing tool luxury car makers need in the hush of the electric era.

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BUSINESS

All eyes on Fed next week as global shares steady

Business, Published on 24/07/2021

» Recap: Global stocks had a volatile week before picking up on Friday. The MSCI World Index steadied after three days of gains. The market is looking ahead to next week's Federal Reserve meeting after the European Central Bank pledged on Thursday to continue with heavy stimulus spending. Emerging markets and Asian shares slid, pressured by coronavirus worries.

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BUSINESS

New rule makes GrabCar legal

Business, Published on 26/05/2021

» The government has approved a draft ministerial regulation that allows the use of personal cars for ride-hailing taxi service via apps, a boon for GrabCar drivers who have provided the service without proper legal status for years.

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BUSINESS

FTI sees 30% plunge in car production

Business, Lamonphet Apisitniran, Published on 23/04/2020

» Car production is expected to plunge 30% to 1.33 million units this year, possibly sinking as much as 50% to 1 million if the coronavirus crisis drags into June, says the Federation of Thai Industries (FTI).

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BUSINESS

New ministry takes on human factor

Business, Chatrudee Theparat, Published on 07/11/2019

» Suvit Maesincee is the first minister of Higher Education, Science, Research and Innovation, the new ministry established as part of the previous government's bureaucratic reforms.

BUSINESS

Sponsorship market reviving

Business, Published on 01/03/2019

» Last year was a robust one for the sponsorship market in Thailand, with 19% growth from the year before to US$223.4 million, according to Asia Sponsorship News (ASN).

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BUSINESS

Thanathorn to hand over reins

Business, Published on 30/03/2018

» Thanathorn Juangroongruangkit will in all likelihood hand the leadership of auto parts maker Thai Summit to his younger brother Sakulthorn, as the 39-year-old billionaire moves into the political sphere.

BUSINESS

Toyota keen on local hybrid battery plant

Business, Published on 11/04/2018

» Toyota Motor Corporation is set to establish a production base for batteries for hybrid vehicles in Thailand, aiming to start operations at the beginning of 2020, sources close to the matter said Tuesday.

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BUSINESS

Toyota head aims to steer EV market

Business, Piyachart Maikaew, Published on 29/11/2017

» The government policy to promote the country's automotive industry as a hub for electric vehicles (EV) has Toyota Motor Thailand, the local unit of the Japanese car maker, optimistic about future hybrid car manufacturing here.