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Car sales hit news record, rising 36%

Sales of cars in April 2011 have been concluded at 67,283 units, an increase of 17.8% year-on-year while a total of 305,902 cars are sold in the first four months of this year, rising by 36.6%, a new record high.

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Sales of cars in April 2011 have been concluded at 67,283 units, an increase of 17.8% year-on-year while a total of 305,902 cars are sold in the first four months of this year, rising by 36.6%, a new record high.

Toyota Motor Thailand Senior Vice President Vudhigorn Suriyachantananont reported that the sales volume for passenger cars last month stood at 30,953 units, expanding by 17.8% while the commercial vehicle sales, including one-ton pick-up, were at 36,330 units, an increase of 17.7%.

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The senior vice president added that the sales of one-ton pick-up trucks alone were reported at 31,272 units, a rise of 20.8% from the same month in 2010.

Mr Vudhigorn pointed out that the vehicle sales volume in April could indicate the continuous expansion of the auto business despite serious effects on production capacity from the twin deadly disasters in Japan in March.

The senior vice president continued that the rising sales of passenger cars resulted from higher popularity on smaller, modern and energy-saving cars while the expanding figure of commercial vehicles was due to higher demand prompted by better economic condition.

As for vehicle sales during the first four months this year, Mr Vudhigorn reported that the passenger car sales grew by 48.2% while commercial vehicles expanded by 28.4%, and this could reflect stronger domestic economy driven by the expansion in investment, production and exports.

Read Here: http://thainews.prd.go.th/en/news.php?id=255405190006

Markets

Thai Mango growers complain of low prices and fewer exports

Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.

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Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.

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Investment

Foreigners’ Participation in Thai Listed Companies explained

Special vehicles have been created to facilitate foreign investors so that they are able to invest in Thai
securities flexibly and conveniently.

Boris Sullivan

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Similar to foreign business laws existing in most Asian countries, Thai laws have imposed restrictions on foreign ownership of Thai companies.

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Lifestyle

Global Gaming Expo Asia Overview

This event is a must for anyone involved in the Asian gaming industry: an overwhelming 95% of Asian casino and sportsbook operators attend G2E Asia to present their products

Pr News

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G2E Asia – an abbreviation for Global Gaming Expo Asia – is a renowned iGaming event and entertainment business hub where companies from all over the globe come to exhibit their latest products and innovations.

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