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BUSINESS

TISI drops to lowest level in 21 months

Business, Lamonphet Apisitniran, Published on 20/03/2020

» The Thai Industries Sentiment Index (TISI) in February hit its lowest level in 21 months, dropping to 90.2 because of weak purchasing power and the effects of the coronavirus outbreak, according to a report of the Federation of Thai Industries (FTI).

BUSINESS

Executive hiring process hamstrung

Business, Lamonphet Apisitniran, Published on 21/03/2020

» The pandemic has altered the hiring process of many executive-level positions, for which many candidates travel from overseas. Despite years of high demand for these positions, the executive workforce will likely shrink this year.

BUSINESS

February index wilts on sugar cane woes

Business, Lamonphet Apisitniran, Published on 26/03/2020

» Thailand's manufacturing production index (MPI) fell by 5.19% year-on-year in February to 99.9 points, according to the Office of Industrial Economics (OIE).

BUSINESS

Panel seeks halt to SSF contributions

Business, Lamonphet Apisitniran, Published on 27/03/2020

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is calling on the government to suspend financial contributions to the Social Security Fund for four months for employers and workers affected by the Covid-19 pandemic.

BUSINESS

Industry Ministry to suspend small firms' debts

Business, Lamonphet Apisitniran, Published on 30/03/2020

» The Industry Ministry plans to roll out rescue measures by suspending debt payments for 6-12 months for small community enterprises for several industries affected by the Covid-19 outbreak.

BUSINESS

Industry Ministry defers SMEs' debt payments

Business, Lamonphet Apisitniran, Published on 31/03/2020

» The Industry Ministry will suspend debt payments for 12 months for small and medium-sized enterprises (SMEs) affected by the Covid-19 outbreak who borrowed money from the 20-billion-baht Pracha Rat fund.

BUSINESS

Panel to meet next week on crisis impact

Business, Lamonphet Apisitniran, Published on 01/04/2020

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) will discuss the coronavirus pandemic's effect on GDP and exports next week, as the nation braces for an estimated 5.3% GDP contraction and 8.5-10% drop in exports this year.

BUSINESS

Ministry to deliver 1m masks in capital

Business, Lamonphet Apisitniran, Published on 02/04/2020

» The Industry Ministry announced the first batch of free washable face masks, 1 million of 10 million in total, will be sent via Thailand Post to households in Bangkok on April 8 as part of the government's strategy to stem a shortage of masks.

BUSINESS

WHA awaits H2 recovery as China plots global stimulus

Business, Lamonphet Apisitniran, Published on 06/04/2020

» Industrial estate operator WHA Corporation expects Thailand's economy to recover in the second half of 2020 if the pandemic is brought under control by April or May.

THAILAND

Local SMEs tapped to produce masks

Lamonphet Apisitniran, Published on 06/04/2020

» Seven small- and medium-sized enterprises (SMEs) in the garment industry are ready to produce around 350,000 washable fabric masks per month to help solve the shortage of masks in Thailand.