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BUSINESS

Skills-based compensation mooted

Business, Lamonphet Apisitniran, Published on 17/07/2023

» Pledges to hike the daily minimum wage made by major political parties during their election campaigns raised the hopes of blue-collar workers, but sparked grave concerns among businesses.

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BUSINESS

Business groups back 'fair growth' principle

Business, Lamonphet Apisitniran, Published on 29/05/2023

» Key business groups welcome the Move Forward Party's campaign promises to tackle economic inequality, but wonder if it can solve a problem that has long plagued the country.

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BUSINESS

App makes a cinch of sorting your scrap

Business, Lamonphet Apisitniran, Published on 05/11/2022

» Why would a startup embark on a new venture in rubbish collection, which lacks the popular appeal of other kinds of businesses operating in the digital arena?

BUSINESS

FTI frets over looming minimum wage hike

Business, Lamonphet Apisitniran, Published on 11/08/2022

» The Federation of Thai Industries (FTI) does not agree with the Labour Ministry's plan to enforce a new minimum wage hike on Oct 1, which is earlier than originally anticipated, as businesses will be flooded with too many financial burdens, notably a rise in the Bank of Thailand's policy rate and higher electricity bills.

BUSINESS

Automakers fear parts shortage amid conflict

Business, Lamonphet Apisitniran, Published on 26/03/2022

» The Russia-Ukraine war is threatening to cause a shortage of auto parts for European automakers, which will affect global supply chains and car assembly in Thailand, says the Thai Automotive Industry Association (TAIA).

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BUSINESS

Further diesel excise cut sought

Business, Lamonphet Apisitniran, Published on 15/03/2022

» The Land Transport Federation of Thailand (LTFT) has called on the government to further cut diesel excise tax and abandon sales of diesel, blended with expensive palm oil-derived methyl ester, for six months to better control domestic diesel prices during the global oil price surge.

BUSINESS

Sentiment registers eight-month high in November

Business, Lamonphet Apisitniran, Published on 08/12/2021

» The Thailand Industry Sentiment Index (TISI) in November rose to 85.4 points, the highest in eight months, as the reopening of the country, ongoing stimulus packages and export expansion boosted confidence among large and small manufacturers, says the Federation of Thai Industries (FTI).

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BUSINESS

FTI keeping close watch on value of depreciating baht

Business, Lamonphet Apisitniran, Published on 13/07/2021

» The Federation of Thai Industries (FTI) is closely monitoring the foreign exchange rate after the baht recently fell to its weakest value in 14 months at 32.29 baht to the US dollar, although this benefits Thai exporters.

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BUSINESS

THG set to import Moderna

Business, Lamonphet Apisitniran, Published on 16/06/2021

» SET-listed Thonburi Healthcare Group Plc (THG) will import 5 million doses of Moderna vaccines through the Government Pharmaceutical Organisation (GPO) in the third or fourth quarter this year in a bid to help solve the vaccine shortage.

BUSINESS

FTI eyes Sinopharm vaccines

Business, Lamonphet Apisitniran, Published on 09/06/2021

» The Federation of Thai Industries (FTI) is in talks with Chulabhorn Royal Academy to conclude a purchase deal for Chinese-made Sinopharm vaccines aimed at improving confidence in the manufacturing sector after the Thailand Industry Sentiment Index (TISI) sank for two straight months during the third wave.