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GENERAL

Wage hike erodes April sentiment

Business, Lamonphet Apisitniran, Published on 16/05/2024

» The Thai Industries Sentiment Index (TISI) fell to 90.3 points in April, down from 92.4 points in March, with the planned daily minimum wage hike among the factors dealing a blow to business confidence, says the Federation of Thai Industries (FTI).

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GENERAL

Industry sees options to BoT spat

Business, Lamonphet Apisitniran, Published on 13/05/2024

» The government should seek more acceptable options to resolve its dispute with the Bank of Thailand over policy rates rather than attempt to curb the regulator's power, which is a contentious tactic, says Montri Mahaplerkpong, vice-chairman of the Federation of Thai Industries.

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GENERAL

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

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).

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GENERAL

Construction boom to drive machinery sales

Business, Lamonphet Apisitniran, Published on 09/04/2024

» Heavy machinery sales are expected to rise by 5% this year, driven by the growth of the construction sector, according to the latest estimate by Chinese manufacturer LiuGong Machinery.

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GENERAL

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).

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GENERAL

Isuzu teams up with PTT on hydro vegetable oil project

Business, Lamonphet Apisitniran, Published on 02/04/2024

» Tri Petch Isuzu, the local distributor of Isuzu vehicles, is working with PTT Plc to jointly test vehicles powered by a new clean fuel to support a campaign to cut carbon dioxide emissions, which are high in Thailand's transport sector.

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GENERAL

IEAT, Japanese firms eye green project

Business, Lamonphet Apisitniran, Published on 09/02/2024

» The Industrial Estate Authority of Thailand (IEAT) has joined hands with two Japanese firms to conduct a feasibility study on a green utility project at Smart Park Industrial Estate in Rayong, part of efforts to promote eco-friendly manufacturing.

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GENERAL

Renewable incentives to be boosted

Business, Lamonphet Apisitniran, Published on 16/01/2024

» The Industry Ministry plans to revise investment incentive packages for companies in the RE100 group to better attract investors and serve new investment in the country.

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GENERAL

BoT urged to slash rates as risks mount

Business, Lamonphet Apisitniran, Published on 11/01/2024

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the Bank of Thailand to cut interest rates to better match the country's economy, which faces both internal and external risks.