Business
The most recent updates on business in Thailand, finance, and economic developments, along with insights and analyses of both Thai and global markets.
Thailand may increase the minimum wage for the second time this year
The decision follows a 2.37% wage hike implemented in January, which Prime Minister Srettha Thavisin finds insufficient, particularly for workers...
Thailand Car Output Fell 12% in Jan.
The drop in car production was primarily driven by sluggish domestic sales. In January, domestic car sales fell by 16.42%...
Thailand Approves Tax Incentives for Electric Trucks and Buses Adoption
The Thailand National Electric Vehicle Policy Committee (EV Board) has recently approved tax incentives to encourage companies to transition their...
Business sector at odds with Bank of Thailand’s decision to hold key interest rate
The business sector is disappointed with the Bank of Thailand's decision to hold the key interest rate at 2.50% and...
The Three-Way Fight for Thailand’s Food Delivery Market
Among the food delivery apps that operate in Thailand, Grab, Line Man, and Foodpanda are the most popular and competitive...
China’s EV automakers ramp up their presence in Southeast Asia
Thailand is aiming to have Zero Emission Vehicles (ZEVs) make up at least 30% of the total motor vehicle production...
China Surpasses Japan in Auto Exports
Indeed, in a remarkable industry shift, China has surpassed Japan to become the world's top car exporter for the first...
Car production in Thailand falls by 15.7% in December, 2.2% in 2023
Car production in Thailand has been declining for five consecutive months, with a significant drop in output of pickup trucks...
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