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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

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.

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BUSINESS

Gulf forms JV to supply utility services for One Bangkok

Piyachart Maikaew, Published on 10/01/2020

» SET-listed Gulf Energy Development Plc on Friday announced a joint venture for power distribution and a district cooling system for the country's largest mixed-use project, One Bangkok

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.

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BUSINESS

Industrial sentiment down

Piyachart Maikaew, Published on 22/01/2020

» The Industries Sentiment Index (TISI) for December dropped to 91.7 points from 92.3 in November, on a lower purchasing power and widespread drought affecting overall industrial and agricultural output, the Federation of Thai Industries reported.

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BUSINESS

Car production down in 2019

Piyachart Maikaew, Published on 22/01/2020

» Car production fell 7.1% year-on-year in 2019 to 2.014 million units on contractions of both local sales and exports, the Federation of Thai Industries reported on Wednesday.

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

Car sales projected to fall 6.7%

Piyachart Maikaew, Published on 23/01/2020

» Toyota Motors Thailand expects overall domestic car sales to drop 6.7% to 940,000 units in 2020, as the market faces challenges from a shrinking global economy, tightened loan conditions by local banks and lower consumer confidence.

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BUSINESS

Honda still upbeat on eco-car sales

Business, Piyachart Maikaew, Published on 26/11/2019

» Japanese carmaker Honda Automobile Thailand is confident it can succeed with its new eco-cars after failing to meet production requirements in the scheme's first phase.