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Thailand predicted to fail on EV target

Thailand is likely to miss its ambitious target of electric vehicles (EVs) comprising 50% of locally made vehicles by 2030 for a variety of reasons, notably high energy prices and limited EV charging facilities, says global management consultancy Arthur D. Little. The company expects EVs to make up only 7% of Thailand’s locally made vehicles by […]

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Global consumer trends for 2023

Five trends are emerging that have the potential to have an impact on global consumer markets in 2023, over the next five years and beyond, according to Mintel, the international market research firm. Centred around seven core drivers of consumer behaviour — identity, rights, surroundings, experiences, technology, well-being and value — the trends are: Me Mentality: […]

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