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Search Result for “cheap steel”

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GENERAL

Concerns over decline in steel consumption

Business, Lamonphet Apisitniran, Published on 07/06/2024

» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).

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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).

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GENERAL

Grim outlook for Thai steelmakers

Business, Lamonphet Apisitniran, Published on 07/05/2024

» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.

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How VAT on cheap imported goods adds up

Business, Wichit Chantanusornsiri, Published on 02/05/2024

» Thailand has embraced the digital economy, with trade on foreign online platforms increasing rapidly, disrupting domestic entrepreneurs.

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Dumping of cheap steel irks Tata unit

Business, Lamonphet Apisitniran, Published on 01/05/2024

» Tata Steel (Thailand) Plc (TSTH), a unit of India's largest steelmaker, remains worried as China continues to dump cheap steel exports in Southeast Asia, including Thailand, as the Chinese economy decelerates.

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Alarm sounded for tainted fruit, vegetable imports

Business, Lamonphet Apisitniran, Published on 11/03/2024

» The Federation of Thai Industries (FTI) is calling on the government to examine fruit and vegetables purchased from neighbouring countries and China more carefully after pesticide contamination was discovered in some imports of farm produce.

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GENERAL

Retail sector still sensitive

Business, Molpasorn Shoowong, Published on 11/03/2024

» Despite higher tourist spending and tax incentives to spur purchases, Thailand's retail industry remains fragile, with an influx of substandard goods from China piling pressure on local entrepreneurs.

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FTI chairman race heats up

Business, Yuthana Praiwan, Published on 01/03/2024

» The competition for the chairman post of Federation of Thai Industries (FTI) has intensified as vice-chairman Somphote Ahunai, chief executive of Energy Absolute, a renewable energy and electric vehicle developer, announced his candidacy at the group with more than 15,000 members nationwide.

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GENERAL

FTI foresees drop in border trade

Business, Lamonphet Apisitniran, Published on 27/02/2024

» Thailand's border trade is expected to slow down this year due to the ongoing political conflict in Myanmar and economic problems in other neighbouring countries, says the Federation of Thai Industries (FTI).

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GENERAL

Agencies address impact of low-end imports on SMEs

Business, Phusadee Arunmas, Published on 22/02/2024

» The Commerce Ministry has delegated the Trade Negotiations Department and the government's "Team Thailand", whose primary responsibility is to support efforts to promote economic growth, to gather in-depth data and examine specific products under the Asean-China Free Trade Agreement (ACFTA) affected by the influx of low-priced Chinese goods.