Gartner Forecasts Worldwide IT Spending to Grow 9.8% in 2025

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…

Major Investment Projects: TikTok and Siam AI Kick Off Investments in Thailand in 2025

Thailand BOI Approves Investments Worth A Total of US$5 Billion, Including TikTok’s Data Hosting Project.

Key Automotive Trends for 2025

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's Car Production Plunges 17.37% in December

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.

A.I.Tech Unveils Strategies to Transform Thai Industry with Cutting-Edge Innovations in AI and IoT

We are thrilled to invite you to Yuasa Grand Fair 2025, the premier industrial solutions and technology exhibition of the year.

Join us from February 5-7, 2025, at BITEC Bangna, Bangkok. This marks the first time this prestigious event is being held outside Japan, following 46 years of unparalleled success.…

Thailand BOI Says 2024 Investment Applications Soar 35% to 10-Year High of USD33 Billion

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…

Japanese Firms Scale Back China Expansion to 21%

Japanese companies are “expanding” into China at a rate of just 21% due to sluggish domestic demand and U.S. sanctions, according to a JETRO survey.

Rayong Leads with the Highest Number of Industrial Factories in November 2024

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…

Japan's Machine Tool Orders in November 2024: Thailand Leads with 27% Growth

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…

Honda and Nissan Merger to Challenge EV Competition

Thailand's Car Production Down 28% in November

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…

Merry Christmas and a Happy New Year!

As we approach the end of another year, we at M Report would like to take this opportunity to wish all our valued customers partners, and followers a Merry Christmas and a Happy Ne…

Toyota Posts Strong Profits Amidst Challenges

Toyota overcomes headwinds to maintain profitability, steady cost reduction activities and other efforts resulted in an operating profit of 2.4642 trillion yen for the April-Septem…

Japan's Machine Tool Orders in October 2024: Thailand Sees a Sharp 50% Decline

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…

Samut Sakhon Leads with the Highest Number of Industrial Factories in October 2024

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 Approves Semiconductor Strategy to Attract 500 Billion Baht

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 Tax Cuts for Hybrid Cars and Extends Production Scheme

Thailand EV Board approves extended production timeframe for BEV and inclusion of Mild HEV in hybrid incentive package to support industry’s electrification.

Electronics Industry Booms: 8 Major Companies Raise Full-Year Revenue Targets Amid Growing Digital Transformation Investments

Eight major electronics companies revised their full-year revenue forecasts upward, driven by strong core businesses and increasing global demand for digital transformation (DX).

Worldwide Semiconductor Revenue Forecast to Grow 14% in 2025

Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner