Showing 1 - 10 of 257
Production index projected to decline 1% in 2024
Business, Lamonphet Apisitniran, Published on 27/09/2024
» Thailand's Manufacturing Production Index (MPI) is likely to contract by 1% this year, given the declines recorded during the first eight months of the year, caused by a raft of economic problems and the impact of severe floods, says the Office of Industrial Economics (OIE).
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).
New calculation seen likely to boost MPI
Business, Lamonphet Apisitniran, Published on 01/08/2024
» The Manufacturing Production Index (MPI) is expected to increase in the second half of this year if four growing industries -- solar panels, solid state technology, smart electronics and electric vehicles -- are included in the MPI calculation, says the Office of Industrial Economics (OIE).
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Manufacturing index declines by 1.5%
Business, Published on 29/06/2024
» Thailand's Manufacturing Production Index (MPI) dipped by 1.5% year-on-year in May to 98.3 points, underscoring the sluggish manufacturing sector despite an increase in exports, says the Office of Industrial Economics (OIE).
K-Research: Restructuring of industrial sector required
Business, Wichit Chantanusornsiri, Published on 21/06/2024
» Kasikorn Research Center (K-Research) predicts Thailand's Manufacturing Production Index (MPI) will contract by 2% this year, marking the second consecutive year of decline.
Manufacturing stagnant amid growing climate risks
Business, Lamonphet Apisitniran, Published on 31/05/2024
» Thailand's Manufacturing Production Index (MPI) is expected to remain flat or gain 1% year-on-year in 2024, with climate change among the risks threatening to affect the sector, says the Office of Industrial Economics (OIE).
20 years of errors can't be fixed easily
Oped, Chartchai Parasuk, Published on 30/05/2024
» I have a strong feeling that piecemeal measures are what the economy is going to get from the government to combat Thailand's long-standing economic problems.
Stark reality behind economic figures
Oped, Chartchai Parasuk, Published on 16/05/2024
» At the time of writing this, the official Q1 GDP has not been announced by the National Economic and Social Development Council (NESDC). I expect the growth figure will be around 1.2%. My own estimation, using the Output Approach and actual sectoral production index, gives a growth figure of 0.98%. Detailed data are in the below table.
Index falls for 18th month in a row
Business, Published on 01/05/2024
» A recent increase in domestic diesel prices is fuelling fresh concerns about inflation as Thailand's Manufacturing Production Index (MPI) fell by 5.13% year-on-year in March, attributed to the sluggish automotive industry, says the Office of Industrial Economics.