Business
Great Wall Motors (China) to Start Production in Thailand Next Year
Chinese automobile manufacturer Great Wall Motors (GWM) is set to start operations in Thailand next year
According to Thailand’s Industry Minister Suriya Jungrungreangkit, the company will have an annual production capacity of 80,000 vehicles and will begin producing sports utility vehicles and pickup trucks in 2021.
The company plans to invest 22.6 billion baht and employ 3,435 people.
After his meeting with Zhang Jiaming, president of GWM’s ASEAN operations, Mr Suriya said GWM would improve the production lines that it had taken over within the fourth quarter of this year for the production of vehicles with internal combustion engines and electric vehicles.
China’s leading sport utility vehicle (SUV) and pickup maker Great Wall Motors purchased General Motors’ Rayong car production facility in Thailand when the American car producer ceased operations in February this year.
Based in the city of Baoding, in the Hebei province, in the north of China, the company Great Wall Motors owns several brands of SUVs and cars like Haval, Great Wall, WEY and ORA. With more than 500 branches abroad, its vehicles are exported to more than 60 countries.
Business
AMLO is investigating four Thai banks’ alleged role in suspicious transactions
Thailand’s Anti-Money Laundering Office (AMLO) is verifying a report, by the International Consortium of Investigative Journalists (ICIJ), stating that four Thai banks have been involved in suspicious financial transactions over nearly two decades.
The ICIJ’s report refers to files leaked from the Financial Crimes Enforcement Network in the US. They allegedly indicate that many commercial banks worldwide turned a blind eye to suspicious transactions between 1999 and 2017.
(more…)Business
Big data to keep Thai workers afloat
Since the coronavirus pandemic hit Thailand earlier this year, businesses have been falling like dominoes. Millions of people have lost their jobs in the country’s worst economic downturn in recent memory.
Since the coronavirus pandemic hit Thailand earlier this year, businesses have been falling like dominoes. Millions of people have lost their jobs in the country’s worst economic downturn in recent memory. Yet some jobs have survived the pandemic better than others.
(more…)Business
How I Started My Online Entertainment Business -Case Study
We all are aware that the internet has taken over everything. Hence, I could not think of a better business option than an online entertainment business
Creating my own online entertainment business was an experience of a lifetime. The online entertainment industry comprises of series, shows as well as online games. These online games include some gambling sites as well.
(more…)
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
|
28
|
29
|
30
|
1
|
2
|
3
|
4
|
|
7
|
8
|
9
|
10
|
11
|
||
|
12
|
13
|
14
|
15
|
16
|
17
|
18
|
|
19
|
20
|
21
|
22
|
23
|
24
|
25
|
|
26
|
27
|
31
|
1
|
|||
Vend ASEAN（Bangkok）Vending Machine & Self-service Facilities Expo 2020
Vend ASEAN 2020
Bank of Thailand to end debt moratorium for SMEs
According to a press release from the Bank of Thailand, the concern is that while most businesses can now continue...
Thailand’s real estate industry’s transparency challenge
In the newly released biannual survey, Thailand is ranked 33th, a slight improvement from the 2018 edition of the Index...
Thailand announces “serious” state of emergency in Bangkok
Thai business community warned about a further economic blow if the latest political conflict escalates and adds to the pandemic...
Thailand approves 30K baht tax deduction to stimulate domestic spending
The campaign offers taxpayers income tax deductions of up to 30,000 baht when purchasing products and services with a value-added...
Thailand to produce and supply AstraZeneca’s Covid-19 vaccine
AstraZeneca has signed several deals with companies and governments around the world to supply more than three billion doses of...
Covid-19 will cause long-lasting revenue losses for emerging market sovereigns
Almost all EMs will record budget deficits this year and face constraints in cutting spending amid the pandemic, amplifying the...
-
Banking6 days ago
Covid-19 will cause long-lasting revenue losses for emerging market sovereigns
-
Economics4 days ago
Thailand approves 30K baht tax deduction to stimulate domestic spending
-
Real Estate2 days ago
Thailand’s real estate industry’s transparency challenge
-
Health5 days ago
Thailand to produce and supply AstraZeneca’s Covid-19 vaccine