The Federation of Thai Industries (FTI) has increased its projection for domestic car sales this year to 850,000 cars, a rise of 10.6 percent against the previous year and up from its previous prediction of 830,000.
Crowded street in Bangkok, Thailand (Source: www.plugincars.com)
Bangkok (VNA) – The Federation ofThai Industries (FTI) has increased its projection for domestic car sales thisyear to 850,000 cars, a ris𝔉e of 10.6 percent against the previous year and upfrom its previous prediction of 830,000.
FTI said that the domestic market will witnessstrong growth at year’s end, with the international motor expo stimulatingsales in the remaining months. Up to 170,000 cars are expected to be sold inthe period. FTI’s forecast also showed that the local carmarket of Thailand has recovered after sales decline over the past four years.In October, car sales rose 13.1 percent from the same period last year to68,551 units. Car sales in Thailand increased by 11.7 percentto 689,266 units from January to October. All car segments recorded stronggrowth, except pickup passenger vehicles and commercial trucks. Meanwhile, car exports dropped by 6.3 percentyear-on-year to 940,820 units since the start of this year with total value of 499.2billion THB (15.35 billion USD), a 6.6 percent decrease. Car exports of Thailand to Oceania and NorthAmerica remain strong with 31.4 percent and 9.4 percent respectively while shipmentsto Asia fell by nine percent to 249,817 cars. Thailand made 1.64 million cars in the firstten months of 2017, up 0.2 percent year-on-year. Total vehicle output of thecountry is estimated to hit 1.95 million units this year, higher than theprevious forecast of 1.93 million.-VNA
The Office of the National Economic and Social Development Board (NESDB) has forecast that Thailand's 2017 economy will expand by 3.9 percent and will continue its growth momentum into next year.
The Electronic Transactions Development Agency (ETDA) and leading institutions in the country have banded together to develop cyper security personnel for the Thailand 4.0 digital era.
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Thailand’s exports rose 13.1 percent from a year earlier to 20.1 billion USD in October 2017, recording the eighth straight month of increase, according to the Ministry of Commerce.
The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
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In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
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Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Crowded street in Bangkok, Thailand (Source: www.plugincars.com) 
