Warnings against next-generation shift

The Thailand Development Research Institute (TDRI) is warning auto parts supply chain players to prepare for the transition to next-generation cars, saying some components will no longer be necessary for electric vehicles (EVs). Exhaust pipes and engines; for example, are installed in cars with internal combustion engines but are not needed in EVs. Research director […]

World Bank urges risk board

Pathom Sangwongwanich Country hindered by informal sector Thailand’s large informal sector is obstructing employees’ social safety and public services, says the World Bank, which suggests a formalisation process as a solution. Norman Loayza, a World Bank economist and lead author of the bank’s “World Development Report 2014”, said Thailand was hampered by a large informal […]