Showing 1 - 10 of 63
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
Group seeks gain from US-China trade war
Business, Lamonphet Apisitniran, Published on 23/05/2024
» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).
China ramps up Thai EV production
Business, Lamonphet Apisitniran, Published on 18/05/2024
» More electric vehicles (EVs) sold in Thailand should be locally manufactured this year as Chinese automakers plan to produce them here from the third quarter, sourcing local materials to support their manufacturing, says the Board of Investment (BoI).
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).
FTI mulls plan for standards
Business, Lamonphet Apisitniran, Published on 15/03/2024
» The Federation of Thai Industries (FTI) is conducting a study of a plan to set standards for renewable resources that can be turned into sustainable aviation fuel (SAF) to support campaigns aimed at combatting global warming.
Kia mulls investment in local EV factory
Business, Lamonphet Apisitniran, Published on 05/03/2024
» Kia, the premium Korean car manufacturer, is considering making an investment in building an electric vehicle factory in Thailand to benefit from the fast-growing EV market, according to Kia Sales (Thailand).
Auto sector faces bumpy sales
Lamonphet Apisitniran, Published on 05/02/2024
» The automotive industry is expected to have unequal sales growth this year, driven by motorists' changing lifestyles and choices by lenders.
Call for Ayutthaya logistics hub
Business, Lamonphet Apisitniran, Published on 06/11/2023
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is asking the government to consider making Ayutthaya a new logistics hub to serve growing investment, following the construction of the Chinese-Thai high-speed rail system.
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).
Thai retirement age could be increased
Business, Lamonphet Apisitniran, Published on 18/09/2023
» The increasing elderly population in Thailand is prompting a serious discussion on raising the retirement age beyond 55 to accommodate an "aged society" and deal with an ongoing labour shortage in the country, says the Federation of Thai Industries (FTI).