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Nissan launches Thailand’s first eco car and targets 20,000 sales

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Siam Nissan Automobile Co SNA on Friday launched Thailand’s first locally produced eco car, the Nissan March, which could save energy at the international standards.

SNA president Toru Hasegawa said Nissan March is a small vehicle with a 1,200cc three-cylinder engine with carbon dioxide emissions less than 120 grammes and able to use fuel more efficienty by up to 20 kilometres per litre.Customers could order the new model at Nissan's sales representatives from Saturday.

The cars’ first lot with a 5-speed manual transmission will be delivered to buyers within 2-3 weeks, while models of the Xtronic CVT technology, whose gear ratio can expand from its lowest to highest range, can be delivered from June.Buyers In Thailand can purchase Nissan March starting at Bt375,000-Bt537,000 some $11,300-16,000.Regarding the model’s medium-term business plan, Siam Nissan Automobile is targetting achieving over 10 per cent of market share in the country.

via MCOT.NET > English_News > Business News > Nissan launches Thailand’s first eco car; targets 20,000 sales this year.

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Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

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Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

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Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

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Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

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Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval  for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

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