Deposits
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The EV price war in Thailand began in 2022 due to intensifying market competition, forcing EV manufacturers to cut production costs to maintain profitability.
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The impacts of increases to the price of sugar on supply chains and the wider economy
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EVs in ASEAN Thailand vs Indonesia: Leading and Rising EV Production Hub
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The potential impacts of the Ukraine war on the Thai economy
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Impact of Trade War 2.0 on the Thai Economy
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Thailand’s electric vehicle (EV) industry is expected to continue growing during 2026–2028, with new passenger BEV registrations projected at 125,000 units annually
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Thailand has been facing a surge of Chinese goods since the trade war 1.0 (2018–2020) after China’s exports to the US declined and China redirected its exports to other countries, particularly Thailand and ASEAN.
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Impact of Trade War 2.0 on Thailand’s Industrial and Service Sectors Round One
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Overall, Thailand’s automotive parts production is projected to expand by 1.5–2.5% per year over 2026–2028. This growth is driven mainly by increased manufacturing capacity for electric vehicle (EV)
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The announcement of a framework for a trade agreement between Thailand and the U.S. on October 26 might be considered “good news” by many parties.
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