Showing 1 - 10 of 181
Olympics, exports drive uptick in July manufacturing
Business, Lamonphet Apisitniran, Published on 31/08/2024
» Thailand's Manufacturing Production Index (MPI) in July increased by 1.7% year-on-year to 96.7 points, driven by various factors including the 2024 Olympics and growing exports, says the Office of Industrial Economics (OIE).
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).
Call for new tariffs on Chinese goods
Business, Lamonphet Apisitniran, Published on 08/08/2024
» The influx of Chinese industrial products into Southeast Asia is dealing a blow to Thailand's trade, reducing its market share in the region and leading to a trade deficit with China worth nearly US$20 billion, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Vimut banking on novel services
Business, Lamonphet Apisitniran, Published on 07/08/2024
» Innovations in medical services are expected to help increase the number of patients for private hospital operator Vimut Holding Hospital Co, which has observed that expensive medical services have been discouraging people from visiting hospitals.
US-China spat set to boost Thai exports, says panel
Business, Lamonphet Apisitniran, Published on 04/07/2024
» Thai exports should gain from the latest round of the US-China trade war, with growth estimated at 0.8-1.5%, up from an earlier projection of 0.5-1.5%, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Firms prepare for next phase of Carbon Border Adjustment Mechanism
Business, Lamonphet Apisitniran, Published on 15/05/2024
» Local businesses, especially small and medium-sized enterprises (SMEs), need help to improve their manufacturing environmental standards as new phases of the European Union's Carbon Border Adjustment Mechanism (CBAM) are slated to cover exports to the bloc, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Industrialists join rate-cut chorus
Lamonphet Apisitniran, Published on 07/05/2024
» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).
Industry group predicts short-term price stability
Business, Lamonphet Apisitniran, Published on 03/05/2024
» Manufacturers are expected to maintain the prices of goods in the short term following a recent hike in domestic diesel rates to avoid adding a burden to people's cost of living, says the Federation of Thai Industries (FTI).
EEC prepares for water shortages
Business, Lamonphet Apisitniran, Published on 30/04/2024
» A water shortage, caused by an El Niño-induced drought, in the Eastern Economic Corridor (EEC) could be avoided as water supplies have been prepared for factories to help them get through the dry season this year, says the Industrial Estate Authority of Thailand (IEAT).
Panel unfazed by higher diesel cost
Business, Lamonphet Apisitniran, Published on 04/04/2024
» Manufacturers are unlikely to increase the prices of goods if the government decides to allow the price of domestic diesel to exceed 30 baht a litre, following the expiry of a subsidy scheme using the Oil Fuel Fund on March 31, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).