The Thai auto market in April 2012 saw a 30.5% growth as a result of new car models and the fast recovery of the automotive industry. Toyota Motors has revealed that the auto market saw a total of 87,788 cars sold in April 2012, an increase of 30.5% from that of the same period last year.
The increase was partly due to the popularity of new car models on display at the Motor Show 2012, which led to a rise in car orders, as well as the full recovery in the production process of automakers, enabling them to speed up car deliveries to customers. With the speedy recovery of the automotive industry combined with the Bank of Thailand’s recent revision of the country’s GDP to 6%, it is expected that the auto market in May 2012 will see a continuous growth. Despite a slightly higher inflation, other positive factors will still contribute to the growth of the auto market. Auto market enjoys 30.5% in April : National News Bureau of Thailand
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.
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.(more…)
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.
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