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 […]
NONARIT BISONYABUT WICHAYA PEECHAPAT This year, the Thai economy is growing at a faster rate than any expert predicted. This year’s growth rate which was initially projected at around 3.4% is now growing at a rate close to 3.9%. A 0.5% difference for a country with an economy size of around US$400 billion is quite […]
Kirida Bhaopichitr The Thai economy this year is poised to grow close to 4%, the highest rate since 2012. There are three main reasons for growth this year: a recovery in exports, continued robust growth in tourism, and high farm incomes in the first half of the year. However, growth has been so far concentrated […]
