Showing 1 - 10 of 39
Export demand projected to be resilient
Business, Lamonphet Apisitniran, Published on 02/11/2023
» Automobiles and auto parts, electronics and agricultural products will drive Thai exports in the final quarter of this year, though shipments overall will remain sluggish for 2023, says the Federation of Thai Industires (FTI).
Rising rates set to dent Thai business costs
Business, Lamonphet Apisitniran, Published on 06/10/2023
» The Bank of Thailand’s latest decision to increase its policy rate, to the highest level in 10 years, is expected to lead to another round of rising financial costs among manufacturers amid baht depreciation, says the Federation of Thai Industries (FTI).
Panel trims export growth forecast
Business, Lamonphet Apisitniran, Published on 06/07/2023
» Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.
PTT seeks partners for future energy deals
Business, Lamonphet Apisitniran, Published on 28/03/2023
» National oil and gas conglomerate PTT Plc is negotiating with more than five companies to form joint ventures, mergers or acquire assets under a plan to further develop new businesses, notably those related to future energy.
Beijing easing to foster Thai growth in 2023
Business, Lamonphet Apisitniran, Published on 29/12/2022
» The Federation of Thai Industries (FTI) expects Thailand's economic recovery to hit the fast track next year, driven by higher tourism revenue and exports following China's decision to reopen its borders from Jan 8.
Committee forecasts at least 3% GDP uptick
Business, Lamonphet Apisitniran, Published on 06/10/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has inched up its 2022 GDP forecast, expecting the economy to grow by at least 3%, driven by the gradual recovery of the tourism industry.
BCP to ramp up investments in Norway
Business, Lamonphet Apisitniran, Published on 14/09/2022
» Energy conglomerate Bangchak Corporation Plc (BCP) is gearing up for new investments in Norway through expansion of oil and gas exploration and production, in order to strengthen its position in the upstream petroleum business.
Producers keep eye on sales amid rising costs
Business, Lamonphet Apisitniran, Published on 07/07/2022
» Higher energy prices have driven up production costs by 20%, but manufacturers managed to increase goods prices by less than 10% as they struggle to maintain sales volume, according to the latest poll conducted by the Federation of Thai Industries (FTI).
Key panel further cuts GDP forecast
Business, Lamonphet Apisitniran, Published on 06/04/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) continues to cut its GDP forecast, with maximum growth down to 4%, while inflation is likely to soar to 5.5% based on the unsettled Russia-Ukraine war and Covid-19 outbreaks in China.
Country girds for impact of higher steel prices
Business, Lamonphet Apisitniran, Published on 12/03/2022
» Thailand is bracing for the impact of expensive steel in the global market after prices rose by more than 10% following the outbreak of war between two of the world's major steel exporters -- Russia and Ukraine.