JMTBA reported that total machine tool orders in December 2024 reached 143.09 billion yen (approximately U$942.13 million), marking a 19.9% increase from November.
New factories were licensed in December 2024, totaled 141 factories. Chonburi was the province where 14 new factories opened, the largest number with the total capital of 816.28 mi…
The Automotive Industry Club of the Federation of Thai Industries (FTI) has reported that Thailand's total vehicle sales in 2024 reached 572,675 units, marking a significant declin…
BANGKOK, Thailand., Jan 30, 2025 - Worldwide IT spending is expected to total $5.61 trillion in 2025, an increase of 9.8% from 2024, according to the latest forecast by Gartner, In…
Electric vehicles are set to dominate the market, with a 17% growth in shipments in 2025 and over 50% of all models expected to be electric by 2030, as predicted by Gartner.
Thailand produced 104,878 vehicles in December 2024, marking a 17.37% drop year-on-year. The decline was driven by both domestic and export market weakness.
BOI said today that applications for investment promotion in 2024 soared 35% in value to 1.14 trillion baht (ca. USD 33 billion), the highest level since 2014, led by large foreign…
New factories were licensed in November 2024, totaled 165 factories. Rayong was the province where 18 new factories opened, the largest number with the total capital of 2,283.79 mi…
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in November 2024 amounted to 119.327 billion yen ($756.71 million), repr…
In November 2024, Thailand produced a total of 117,251 cars, a decrease of 28.23% from the 163,337 units produced in November 2023. The decline was driven by a 20.67% decrease in e…
The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japanese machine tools in October 2024 totaled 122,550 million yen, marking a 2.2% decrease fro…
New factories were licensed in October 2024, totaled 151 factories. Samut Sakhon was the province where 26 new factories opened, the largest number with the total capital of 973.8…
Thailand’s New Semiconductor Board approves framework of National Strategy and Skilled Workforce Development to prepare for 500 Billion Baht expected foreign investment wave.
Thailand EV Board approves extended production timeframe for BEV and inclusion of Mild HEV in hybrid incentive package to support industry’s electrification.
Eight major electronics companies revised their full-year revenue forecasts upward, driven by strong core businesses and increasing global demand for digital transformation (DX).
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