Japan Machine Tool Orders: June 2024

The Japan Machine Tool Builders' Association (JMTBA) has reported that global orders for Japanese machine tools in June 2024 totaled 133.82 billion yen (US$909.95 million), a 7.5% …

Thailand Car Production Drops 16.19% in June 2024 Due to Decrease in Domestic Sales Production

Thailand's vehicle production in June 2024 totaled 116,289 units, marking a 20.11% decline from the previous year and a 7.82% drop from May. The main factor was a significant reduc…

Japan's Construction Industry Embraces Wood for a Sustainable and Carbon-Neutral Future

CLT is fireproof, earthquake-resistant, and highly durable, contributing to decarbonization. The use of wooden construction and wood-based buildings is rising in the non-residentia…

Gartner Forecasts Worldwide AI Chips Revenue to Grow 33% in 2024

Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc.

Japan Machine Tool Orders: May 2024

Orders for Japanese machine tools worldwide in May 2024 amounted to 124.53 billion yen (US$774.71 million), up 3.0% from the previous month, and a 4.2% increase from the same month…

Chonburi Leads with the Highest Number of Industrial Factories in May 2024

New factories were licensed in May 2024, totaled 171 factories. Chonburi was the province where 23 new factories opened, the largest number with the total capital of 2,638.07 mill…

Sharp Exits LCD Business, Halts Production of Large TVs

Sharp scales back its device business significantly, discontinuing large TV manufacturing, suspending operations at the Sakai plant and cutting staff.

Thailand Car Production Drops 16.19% in May Amidst Economic Slowdown and EV Readiness Concerns

Thailand's vehicle production in May 2024 reached 126,161 units, a 16.19% decline from last year. The decrease is attributed to subdued domestic sales, sluggish economic growth, an…

Car Painting Revolution: CO2 Emissions Slashed

Sekisui Chemical Co., Ltd. announced a revolutionary “paint transfer sheet” that significantly reduces carbon dioxide emissions in the automobile painting process.

Toyota Develops New Efficient 1500cc and 2000cc Engines for Electrification

Toyota achieved record profits in fiscal year 2023 due to stable new car sales, particularly hybrid vehicles, in North America, Europe, and Japan. Continuous product improvements a…

Introducing BOI Consulting Service

BOI Consulting Service is designed to assist you in obtaining investment promotion from the Board of Investment (BOI). Our comprehensive services include evaluation, document prepa…

Toyobo Fibers unveils “CfC Yarn”, Soft and Easy to Shape into Three Dimensions

Toyobo Fibers has developed “CfC yarn”, a composite yarn combining carbon and thermoplastic fiber. This yarn is soft like thread and easy to shape into three-dimensional forms.

Japan Machine Tool Orders: April 2024

The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japan machine tools in April 2024 amounted to 120.90 billion yen ($777.78 million), an decreas…

Samut Prakan : Champions for the largest number of new factories in April 2024

New factories were licensed in April 2024, totaled 163 factories. Samut Prakan was the province where 17 new factories opened, the largest number with the total capital of 8,015.6…

Car Production in April dropped by 11.02% to 104,667 units.

In April 2024, Thailand's total vehicle production amounted to 104,667 units, a decrease of 11.02% due to a decline in the production of passenger cars and pickup trucks for domest…

Japan Machine Tool Orders: March 2024

The Japan Machine Tool Builders' Association (JMTBA) reported that global orders for Japan machine tools in March 2024 amounted to 136.65 billion yen ($886.77 million), an increas…

Sumitomo Bakelite's Innovative Resin Solutions for Lightweight Automotive Battery Components

Sumitomo Bakelite is proposing the use of resin for automotive battery components to reduce weight and enhance manufacturing efficiency, contributing to lighter EVs.

Car Production in March 2024 totaled 138,331 units

In March 2024, Thailand produced 138,331 cars, down 23.08% from March 2023. This drop was due to reduced domestic production and sales, particularly in pickup trucks and passenger …

Samut Prakan : Champions for the largest number of new factories in March 2024

New factories were licensed in March 2024, totaled 191 factories. Samut Prakan was the province where 21 new factories opened, the largest number with the total capital of 902.68 …

Japan's Support for Medium-Sized Enterprises: Empowering Local Economies

In 2024, the Japanese government designated it as the "first year of medium-sized enterprises," intending to boost support, investment, and wage hikes for this vital sector.