The local car market posted 523,770 units sold in the first half of 2019, up 7.08% year-on-year, led by the top three brands – Toyota, Isuzu and Honda, according to the sales volume report from Toyota Motors Thailand. Toyota reported the biggest growth of 20.82% for its vehicle sales from January to end June at […]
Read MoreRice exporters on Wednesday lowered their target for the year from 9.5 million tonnes to 9 million, after a sharp fall in first-half shipments due to the strong baht and ample global stockpiles. Thailand’s rice exports from January to June this year fell 19.6% compared with the same period last year, the Thai Rice Exporters […]
Read MoreNew business registration is likely to stay flat this year, as the country is weighed down by a strong baht and the US-China trade spat. Most investors are taking a wait-and-see approach about the new government’s economic policies before making any decisions, said Sorada Lertharpachit, deputy director-general of the Business Development Department. She said the […]
Read MoreThe rise in land prices eased in the second quarter after rising for nine consecutive quarters as developers have slowed purchasing in inner-city locations. Surachet Kongcheep, managing director of Phoenix Property Development and Consultancy Co, said developers’ land purchases shifted to outer-city locations where land prices were lower. “Developers are focusing on condo development in […]
Read MorePrime Minister Prayut Chan-o-cha will on Thursday (July 25) unveil his government’s policy statement in Parliament, aimed at elevating Thailand to developed-nation status country via 12 urgent and 12 long-term policies focused mainly on the Eastern Economic Corridor (EEC) project. Among the urgent policies, the sixth calls for a “future-proof” economic system by promoting target […]
Read MoreEnergy minister Sontirat Sontijirawong has announced several energy policies regarding LPG and NGV prices, drought problems, and biodiesel promotion, along with hinting about a new mega plan to be unveiled next week. After a meeting with his permanent secretary Kulit Sombatsiri and high-ranked executives, the new minister revealed that the Energy Ministry will focus primarily […]
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