Toyota to resume Thailand production by Nov 21st
Japanese automaker Toyota Motor says it will resume production in Thailand Nov 21, one month after severe flooding forced it to suspend operations, Japan’s NHK reported Thursday.
Japanese automaker Toyota Motor says it will resume production in Thailand Nov 21, one month after severe flooding forced it to suspend operations, Japan’s NHK reported Thursday.
Toyota’s three plants in Thailand’s Samut Prakan and Chachoengsao provinces, unaffected directly by the flooding, halted production Oct 10 due to supply chain disruptions after flooding hit industrial estates in Thailand’s central provinces.Toyota also downsized its output in Japan, North America and other Southeast Asian nations.
Japanese automaker Toyota Motor says it will resume production in Thailand Nov 21, one month after severe flooding forced it to suspend operations
The company is confident that parts can be supplied but it has not yet decided whether to resume production at all three plants, which have total production capacity of 650,000 units per year. Toyata Motor Thailand Co., Ltd. has 13,500 employees with registered capital of Bt7.5 billion.Toyota has already decided to continue the output cut at its Japan-based plants until Nov 18. It will also downsize production through this week at plants in other countries except Thailand, NHK reportsTwo other Japanese automakers, Nissan Motor and Mazda Motor, have also decided to resume production of some models in Thailand. MCOT online news
via Toyota to resume Thailand production Nov 21 after suspension due to flood.
Economics
Thai fruit exports to FTA markets up 107 percent
China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian, mangosteen, longan and mango. Thai exporters are able to benefit from FTA privileges.
BANGKOK (NNT) – Thailand’s fruit exports continue to increase, despite the sluggish global economy caused by the COVID-19 pandemic, with key trade partners being countries that have free trade agreements (FTAs) with the kingdom.
Myanmar
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage of events on the ground.
By Karen Lee
Following the February 1 coup, Myanmar’s netizens became the latest to join the #MilkTeaAlliance, an online collective of pro-democracy youth across Asia.
(more…)Currencies
3 Reasons to Be Optimistic About the Baht Right Now
Probably one of the most important factors for the rise of the Baht is the continued weakness of the US dollar, which most experts agree is going to continue declining throughout the rest of the year.
The Thai Baht, our beleaguered currency, has had something of a difficult few years. Successful debt and inflation crises have eroded the value of the Baht numerous times, not least the events of 2015-16, which saw the Baht plunge to some of the lowest levels against the Dollar in history.
Thai fruit exports to FTA markets up 107 percent
China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian,...
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage...
3 Reasons to Be Optimistic About the Baht Right Now
Probably one of the most important factors for the rise of the Baht is the continued weakness of the US...
Will Thailand’s plan for quarantine-free tourism set a global trend?
According to the Tourism Authority of Thailand, the quarantine-exemption measures implemented in Phuket will be extended to five other key...
Thailand Approves Latest Economic Relief Package for Businesses
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Southeast Asia remains a hot spot for plastic pollution
The use of plastics is deeply embedded in our daily lives, in everything from grocery bags and cutlery to water...