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BUSINESS

$7,000 single-seat EV a hit in Japan

Bloomberg News, Published on 31/05/2025

» In the rural suburbs of Hiroshima, a Japanese startup is trying to kickstart the country’s electric vehicle market with the smallest, cheapest car it can possibly make.

BUSINESS

Trump to double steel and aluminium tariffs to 50%

Reuters and Bloomberg, Published on 31/05/2025

» WEST MIFFLIN, Pennsylvania - US President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminium to 50% from 25%, ratcheting up pressure on global steel producers and deepening his trade war.

BUSINESS

Shares retreat as more tariff uncertainty looms

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 31/05/2025

» RECAP: Asian shares fell on Friday as the euphoria over a US court ruling blocking President Donald Trump's sweeping tariffs wore off, giving way to concerns about prolonged economic uncertainty while Trump challenges the decision.

BUSINESS

Dubai opens trade office in Thailand

Business, Boonsong Lipimas, Published on 31/05/2025

» The Dubai International Chamber has inaugurated its 36th international representative office in Bangkok.

BUSINESS

How fruit prices soured for farmers

Business, Phusadee Arunmas, Published on 31/05/2025

» Last year farmers benefited from soaring fruit prices, while exports surged thanks to promotion efforts among trading partners.

BUSINESS

Improving auto sector drives manufacturing rise

Lamonphet Apisitniran, Published on 31/05/2025

» Thailand's Manufacturing Production Index (MPI) rose by 2.1% year-on-year to 92.3 points in April, driven mainly by the improving automotive industry, says the Office of Industrial Economics (OIE).

BUSINESS

Startup investor targets Thai tech firms

Business, Suchit Leesa-nguansuk, Published on 31/05/2025

» Thai-born Silicon Valley investor Jeep Kline has launched the impact fund Raisewell Ventures, which invests in the US and Southeast Asia using Thailand as a strategic hub for innovation.

BUSINESS

Foreign tourist arrivals gain in April from previous month

Business, Somruedi Banchongduang, Published on 31/05/2025

» Foreign tourist arrivals improved in April, supported by European and Middle Eastern travellers, contributing to higher tourism income, says a Bank of Thailand executive.

BUSINESS

Nestlé launches B577m coffee lawsuit in Thailand

Business, Kuakul Mornkum & Somhatai Mosika, Published on 31/05/2025

» Nestlé has filed a lawsuit against its former business partners in Thailand for rights infringement of the Nescafé trademark.

BUSINESS

Soft loans worth B30bn to help retain employment

Business, Wichit Chantanusornsiri, Published on 31/05/2025

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) is offering 30 billion baht in soft loans to employers in the social security system to maintain employment.