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Search Result for “economic crisis”

Showing 1 - 10 of 57

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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

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).

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GENERAL

FTI seeks measures to help ailing SMEs

Business, Lamonphet Apisitniran, Published on 21/11/2023

» Urgent measures from the government are necessary to solve a financial crisis among 12,898 small and medium-sized enterprises (SMEs), now at risk of succumbing to a huge level of debt worth 61 billion baht, says the Federation of Thai Industries (FTI).

GENERAL

Office reduces manufacturing outlook

Business, Lamonphet Apisitniran, Published on 01/09/2023

» The Office of Industrial Economics (OIE) has downgraded its growth forecast for Thailand's manufacturing production index (MPI) this year to a contraction ranging from -2.8% to -3.8%.

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BUSINESS

Thailand at risk of drought as water demand outstrips supply

Business, Lamonphet Apisitniran, Published on 06/06/2023

» Thailand is at risk of water scarcity in the eastern region, where the government's flagship investment project Eastern Economic Corridor (EEC) is being developed, as water demand grows while supply is limited, says the Federation of Thai Industries (FTI).

BUSINESS

FTI suggests retention of current policies

Business, Lamonphet Apisitniran, Published on 05/10/2022

» The Federation of Thai Industries (FTI) expects a new government formed after a general election next year to maintain policies that benefit businesses to help them survive in 2023.

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BUSINESS

Labour market rocky amid slow recovery

Business, Lamonphet Apisitniran, Published on 27/07/2022

» Only less than half of businesses surveyed by the Employers' Confederation of Thai Trade and Industry (EconThai) managed to maintain their employment as the local labour situation is expected to slowly improve amid economic challenges in the second half of this year.

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BUSINESS

Food crisis to hit nations in second half

Business, Lamonphet Apisitniran, Published on 20/06/2022

» A global food shortage is expected to intensify during the third and fourth quarters this year, with the scarcity likely to benefit Thai food exporters, says the Federation of Thai Industries (FTI).

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BUSINESS

Women in business feted ahead of Apec summit

Business, Lamonphet Apisitniran, Published on 11/06/2022

» Women in business are demonstrating their strong will to develop companies and help Thailand drive its economy, a role high on the agenda at this year's Asia-Pacific Economic Cooperation (Apec) summit.

BUSINESS

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.