Showing 1 - 10 of 202
Unemployment hits 9-month high
Lamonphet Apisitniran, Published on 09/08/2024
» The unemployment rate in Thailand has reached a nine-month high of about 2% of registered workers, as the country struggles to deal with slow economic growth and more factory shutdowns, according to the Employers’ Confederation of Thai Trade and Industry (EconThai).
Motorbike sales fall as banks cut back on lending
Business, Lamonphet Apisitniran, Published on 27/06/2024
» Thailand's motorcycle manufacturing and sales are declining this year as the economy falters, attributed to high household debt and weak consumer purchasing power, says the Federation of Thai Industries (FTI).
Factories closing as cheap imports flood Thailand
Business, Lamonphet Apisitniran, Published on 27/06/2024
» Many local factories producing electronics, steel and plastics have shuttered this year as purchase orders shrink and cheap imports flood the Thai market, says the Industry Ministry.
Harman building B2.8bn Thai factory
Business, Lamonphet Apisitniran, Published on 24/06/2024
» Harman, a US-based subsidiary of Samsung Electronics, is building its first Southeast Asian factory, with Thailand chosen as its production base to export electronic products for cars.
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
BOI targets computer chip investments
Business, Lamonphet Apisitniran, Published on 13/06/2024
» The Board of Investment (BOI) is planning to increase investments in computer chips to support the rapid growth of the electric vehicle (EV) industry in Thailand, moving in tandem with the state's plan to set up a national semiconductor board.
Group urges wages based on skills
Business, Lamonphet Apisitniran, Published on 11/06/2024
» The Labour Ministry is being asked to consider replacing the proposed 400-baht daily minimum wage policy with a wage increase based on workers' skills, says the Federation of Thai Industries (FTI).
Group predicts more factory closures
Business, Lamonphet Apisitniran, Published on 06/06/2024
» Factory shutdowns are expected to gradually increase after 1,600 to 1,700 already shuttered earlier this year because of the economic slowdown, merger plans or rising operating costs, says the Federation of Thai Industries (FTI).
Wage hike to benefit migrants, says FTI
Business, Lamonphet Apisitniran, Published on 28/05/2024
» The government must reconsider its controversial plan to increase the daily minimum wage to 400 baht nationwide as much of the money would go to migrant workers rather than help boost the domestic economy, says the Federation of Thai Industries (FTI).
Gearing up for the new economy
Lamonphet Apisitniran, Published on 20/05/2024
» Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.