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GENERAL

Foreign perfume makers turn to Thailand

Business, Lamonphet Apisitniran, Published on 18/03/2024

» More foreign investors are expected to invest in fragrance oil and aroma compound production in Thailand, which has the potential to develop the cosmetics industry, says the Federation of Thai Industries (FTI).

GENERAL

FTI mulls plan for standards

Business, Lamonphet Apisitniran, Published on 15/03/2024

» The Federation of Thai Industries (FTI) is conducting a study of a plan to set standards for renewable resources that can be turned into sustainable aviation fuel (SAF) to support campaigns aimed at combatting global warming.

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GENERAL

Sentiment declines in February amid high debt

Business, Lamonphet Apisitniran, Published on 14/03/2024

» The Thai Industry Sentiment Index (TISI) fell in February to 90 points from 90.6 the previous month as people remained cautious about spending amid high household debt, says the Federation of Thai Industries (FTI).

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GENERAL

Krungsri Auto expects flat growth

Business, Lamonphet Apisitniran, Published on 13/03/2024

» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.

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GENERAL

Alarm sounded for tainted fruit, vegetable imports

Business, Lamonphet Apisitniran, Published on 11/03/2024

» The Federation of Thai Industries (FTI) is calling on the government to examine fruit and vegetables purchased from neighbouring countries and China more carefully after pesticide contamination was discovered in some imports of farm produce.

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GENERAL

STA banking on 'traceable rubber'

Business, Lamonphet Apisitniran, Published on 08/03/2024

» Rubber manufacturer Sri Trang Agro-Industry (STA) has launched "traceable rubber" to support its exports to the European Union (EU) which demands products that meet environmental and human rights standards.

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MOTORING

Kia mulls investment in local EV factory

Business, Lamonphet Apisitniran, Published on 05/03/2024

» Kia, the premium Korean car manufacturer, is considering making an investment in building an electric vehicle factory in Thailand to benefit from the fast-growing EV market, according to Kia Sales (Thailand).

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GENERAL

Energy producers urge talks on claims dispute

Business, Lamonphet Apisitniran, Published on 02/03/2024

» Member companies of the Petroleum Exploration and Production Industry Club are keen to support fresh government efforts to resume oft-delayed talks on joint petroleum production by Thailand and Cambodia in the overlapping claims area (OCA) in the Gulf of Thailand.

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GENERAL

Auto slowdown dents January index

Business, Lamonphet Apisitniran, Published on 01/03/2024

» The Manufacturing Production Index (MPI) decreased by 2.94% year-on-year to 99.2 points in January as the country struggled with many economic problems, especially the impact of the highest level of car seizures in five years, says the Office of Industrial Economics (OIE).

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MOTORING

BMW to announce local EV battery plant plan

Business, Lamonphet Apisitniran, Published on 28/02/2024

» BMW Group Thailand is planning to build an electric vehicle battery factory in Thailand this year to support its sales of battery EVs and plug-in hybrid EVs, competing with Chinese EV supply chains.