sales
- Business News
Charged up: GAC Aion plugs into Thailand’s booming EV market
GAC Aion New Energy Automobile, an electric vehicle (EV) manufacturer under Guangzhou Automobile Corporation (GAC), anticipates substantial benefits from the ongoing expansion of Thailand’s EV market. This comes after the recent inauguration of a 2.3-billion-baht EV assembly plant in Rayong. The company aims to produce up to 70,000 EVs annually for both domestic sales and export, according to Ma Haiyang,…
- Business News
Thailand’s smartphone market set to grow 3% to 5% in 2024
Thailand’s smartphone market contracted by 2% in the first quarter due to slow economic recovery, a research paper revealed. However, the government’s digital wallet scheme is projected to stimulate industry growth by 3% to 5% in 2024, according to Counterpoint Technology Market Research’s Thailand Smartphone Tracker report. 5G smartphone shipments accounted for 52% of total smartphone sales in the first…
- Search Engine Marketing (SEM)
Top 5 secrets for online sales success
In the expansive digital landscape, effective product marketing necessitates both artistic flair and scientific precision. As a business proprietor, you may be seeking the keys to mastering such an endeavour. Regardless of whether your products are digital or physical, adopting certain strategic approaches can significantly enhance your business success. A multitude of tactics, ranging from email marketing to search engine…
- Lifestyle
How to find the best deals in Thailand
Navigating the myriad of myths and misconceptions about bagging the best hotel deals can be a tricky task, especially when planning a trip to a popular destination like Thailand. With the advent of the Internet age, the travel landscape has transformed significantly, rendering some traditional methods obsolete. This article aims to debunk those outdated notions and arm you with savvy…
- Business News
Thai car production takes a hit with 23.08% decline in March
Thailand’s car production experienced a significant downturn of 23.08% in March compared to the same period last year, producing only 138,331 units, according to data from the Federation of Thai Industries (FTI). This follows a year-on-year decline of 19.28% in February. Over the first quarter of the year, car production has decreased by 18.45% year-on-year, amounting to 414,123 units. According…
- Business News
Splashy Songkran: Thai restaurant sales set to surge despite economic lull
Looking ahead to the upcoming Songkran festival, a trade group predicts a boost in restaurant sales during the second quarter, which could potentially surpass pre-pandemic levels, despite the current stagnant economy. Thaniwan Kulmongkol, President of the Thai Restaurant Association, noted that although the second quarter is typically a slow season for the Thai restaurant industry, the Songkran festival is expected…
- Business News
Thai domestic car sales slump hits 26% as pickup sector suffers
The Federation of Thai Industries (FTI) reported a 26% year-on-year drop in domestic car sales for February, primarily affecting the pickup sector. This downturn is expected to hit a two-year low. The total number of cars sold in the country came to 52,843 units, a significant drop from the previous year’s 71,551 units. Despite the worrying sales slump, Surapong Paisitpatanapong,…
- Search Engine Marketing (SEM)
Boost your sales now with these gamification in digital marketing secrets
Gamification taps into the innate human love for games, applying elements like points, badges, and leaderboards to marketing strategies. This approach has proven to be a game-changer, making it easier for brands to connect with their audience on a deeper level. So, if you’re keen to boost your digital marketing efforts, understanding the power of gamification could be your next…
- Search Engine Marketing (SEM)
Choosing the right keywords for PPC: A step by step guide
As you dive deeper into the world of digital marketing, you’ll find yourself encountering a myriad of strategies and tools designed to elevate your online game. Among these, Pay-Per-Click (PPC) advertising stands out as a critical component. But what exactly is PPC, and why is it so pivotal for your advertising efforts? In essence, PPC is a model of online…
- Thailand News
Thai government tests new lottery system with tickets as low as 20 baht
The Government Lottery Office (GLO) plans to experiment with the sale of three-digit and two-digit lotteries within a sandbox system mid-year this year. The test will involve one million numbers, both direct and permutation, to combat underground lottery operations. The cost per ticket is expected to range between 20 to 50 baht. The director of GLO revealed that the initial…
- Business News
Thailand’s EV sales projected to double by year-end
Thailand is set to witness a significant spark in electric vehicle (EV) sales, potentially doubling the figures by year-end, driven by Chinese manufacturers and approximately US$2.4 billion in government incentives, bolstering consumer demand. Krisda Utamote, Electric Vehicle Association of Thailand President, forecasted that new battery EV registrations might exceed 150,000 by the year’s end in a recent interview in Bangkok.…
- Thailand News
Man’s public poop at Thai car showroom creates online buzz
A man’s desperate need for relief led to a spectacle at a showroom front when he had no choice but to publicly poop. The incident, which occurred on January 11, was captured on a video posted by a 29 year old Moss showroom salesperson, on a Facebook page named Want to be famous, let’s arrange it to return to part…
- Business News
PTTEP forecasts 9% rise in petroleum sales due to expanded gas production
PTT Exploration and Production Plc (PTTEP) anticipates a 9% surge in petroleum sales in the coming year, largely due to the expanded gas production from the Erawan field in the Gulf of Thailand. The company’s President and CEO, Montri Rawanchaikul, revealed that the average sales for this year are anticipated to be around 464,000 barrels each day. This increase in…
- Business News
Central Pattana Plc launches Black Friday 2023 #shocksales
Black Friday 2023 #shocksales is set to be launched by Central Pattana Plc, an entity responsible for the operation of 38 malls across the country and The Esplanade. Spanning three days, the major shopping extravaganza provides shoppers with numerous promotional opportunities mirroring the Black Friday sales in the United States, a customary retail period that follows Thanksgiving and marks the…
- Business News
Thai beauty giants Srichand and Karmarts paint the world with global expansion plans
Srichand United Dispensary Co and Karmarts Plc, two Thai beauty corporations, are preparing for global expansion. Srichand’s Chief Executive, Rawit Hanutsaha, disclosed plans for aggressive international growth, particularly in Indonesia due to its large beauty market and population. The firm is in the process of identifying suitable Indonesian distributors and is also considering Malaysia. Srichand has already established a global…
- Business News
BEV sales set to outstrip targets despite stricter loan criteria
The Federation of Thai Industries (FTI) predicts sales of battery electric vehicles (BEVs) to exceed the set target of 40,000 units, by reaching between 60,000 to 70,000 units this year. This surge is despite the stricter loan criteria by banks, which pose a potential threat to Thailand’s domestic car manufacturing. According to Surapong Paisitpatanapong, vice-chairman of the FTI and spokesperson…
- Business News
EV sales in Thailand to hit 50,000 despite auto loan regulations
The Thailand Automotive Institute (TAI) anticipates a surge in electric vehicle (EV) sales to 50,000 units this year. This comes despite challenges such as diminishing purchasing power, rampant household debt, and the implementation of stricter auto loan regulations by banks. Last year, local EV sales in Thailand saw approximately 20,000 units sold. The popularity of EVs in the country can…
- Business News
Toyota projects 10% profit growth and five-fold increase in EV sales this year
Toyota Motor Corp revealed on Wednesday that a 10% increase in operating profit is expected during this business year, as sales of pure electric vehicles (EV) are predicted to surge five-fold with a reduction in global supply chain disruption caused by the ongoing chip shortage. The ambitious growth plan was introduced by the newly appointed CEO, Koji Sato, who entered…
- Property
Condominium sales slow down in Hua Hin and nearby coastal areas during pandemic
There’s a low demand for condominiums in the coastal areas of Hua Hin, Cha-am and Khao Tao. Only two new projects for sale were launched in the resort communities last year. Hua Hin, a seaside resort district in Prachuap Khiri Khan, about 3 hoursdrike south of Bangkok, is still a popular vacation spot, however, condominium sales there remained low throughout…
- Thailand News
Lazada, Shopee go head to head in attracting more online shoppers
The Internet shopping websites of Lazada and Shopee are going head to head as they are competing for more online shoppers. The economic downturn has prompted more efforts to attract new shoppers just as the festive sales season is right around the bend. Thanida Suiwatana, chief business officer of Lazada Thailand, says the Covid-19 pandemic has spurred a new trend…
- Thailand News
Thai condo developers clearing inventory rather than starting new projects
“With waves of uncertainty and financial stress crashing into the market from the COVID-19 pandemic, most residential property developers have decided to postpone their plans.” CBRE, the international property consultants, reports that most Thai developers are postponing the launch of new condo projects to focus on clearing existing stock. Discounting completed projects to generate quick revenue as a financial lifeboat…
- Expats
Alcohol bans tomorrow and Monday in Thailand
2 Buddhist holidays, Asahna Bucha Day, and the start of Buddhist Lent, fall on this weekend. As a result the government has added Monday, July 6, as a national holiday. There will be an alcohol ban tomorrow, Sunday (July 5) and Monday (July 6). No alcohol will be sold or served on these days. The dates of these important Buddhist…
- Economy News
Draft law would ban online alcohol sales in Thailand
In April, the government imposed a nationwide ban on the sale of alcoholic beverages as part of the Emergency Decree to stem the spread of Covid-19. Now the country’s top alcohol regulator has approved a draft regulation to ban online alcohol sales. The move comes after alcohol watchdog groups urged the government to crack down on the online sales, which…
- Events
4 reasons why you should register for this Thursday’s Thaiger Flash Sale
THAI PROPERTY EVENT THIS THURSDAY Real estate experts are sounding the alarm… property prices are starting to drop! And The Thaiger Flash Sale, in conjunction with fazwaz.com is giving you the chance to own your dream home with the biggest discounts ever seen, all in one place for just 24 hours. The Thaiger Flash Sale, happening this Thursday, June 18,…
- Business News
Developers need to clear stock, heavy discounting in property market
ADVERTORIAL Property prices are expected to decline by double digits in the next few months as Thailand’s property developers begin to offer more sales incentives in response to post Covid-19 markets. A recent survey by leading property portal FazWaz indicated that 50% of Thailand’s property developers are considering discounting at least 20% off minimum benchmark prices. Brennan Campbell, CEO at…
- Covid-19 News
Thailand re-opens its doors tomorrow
Thailand springs back to life tomorrow (Sunday) with the alcohol sales ban being lifted and a raft of shops and services allowed to re-open, but under strict guidelines. Expect a lot of taking of temperatures, hand sanitisers at the entry of all shops, and the need to adhere to social distancing guidelines and the wearing of face masks. The list…
- Covid-19 News
National alcohol ban to be lifted from Sunday, May 3
In a surprise turn-around, after extending the national alcohol ban from yesterday for another month, the CSSA have announced that they are revoking the national ban on alcohol sales from this Sunday. But the provisions say that the alcohol can only be bought and must be taken away for consumption at home. You may not consume alcohol at restaurants. There…
- Covid-19 News
Booze ban extended as some businesses allowed to reopen
Although some businesses will be allowed to reopen in some locations as of Sunday, a government spokesman has today confirmed that the ban on alcohol sales will remain in place until further notice. While there is no national order banning alcohol sales, all 77 provinces have done so and have now been ordered by PM Prayut Chan-ocha to keep all…
- Covid-19 News
Alcohol industry asks PM to lift booze ban nationwide
Thailand’s alcohol industry is banding together to ask PM Prayut Chan-o-cha to lift the ban on alcohol sales, imposed as part of the national state of emergency to halt the spread of Covid-19. Alcohol-industry organisations, led by the Thai Fruit Wine and the Local Spirit Producer Association, the Thailand Bartender Association and Thai Wine Association, have made their case to…
- Business News
PM asks public to cool down on selling their gold
Massive unemployment due to the national state of emergency and the Covid-19 outbreak has pushed gold prices to near a 7 year high, and gold shops throughout the country are running out of cash because so many people are cashing in. In a briefing this week in Bangkok, PM Prayut Chan-Ocha asked the public to show restraint and not to…
