Showing 1 - 10 of 395
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).
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).
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.
SCG tracking events in the Middle East
Business, Lamonphet Apisitniran, Published on 26/04/2024
» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its energy and operating costs as well as expenses for raw materials to increase if conflicts in the Middle East escalate.
SCGP takes measures to reduce risk
Business, Lamonphet Apisitniran, Published on 24/04/2024
» SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, is concerned about the effects of geopolitical conflicts, especially in the Middle East, on energy prices, including oil and coal.
FTI preps units for AI, creative sector
Business, Lamonphet Apisitniran, Published on 20/04/2024
» The Federation of Thai Industries (FTI) is planning to establish new units to align with the government's policy to promote artificial intelligence (AI) and the creative economy as levers of soft power.
Taiwan's Somnics co-invests in factory
Business, Lamonphet Apisitniran, Published on 19/04/2024
» The government plan to develop Thailand as a medical hub in Southeast Asia has encouraged Thai and Taiwanese medical equipment companies to co-invest to build a new factory here, aiming to establish an export base for a variety of products, including those that improve sleep.
Ducati to use Thailand as an export hub
Lamonphet Apisitniran, Published on 17/04/2024
» Italian big bike manufacturer Ducati Motor Holding aims to make Thailand one of its export hubs after opening a new factory in Rayong, its first production facility in Asia.
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.
Car firms warned of new Australia rule
Business, Lamonphet Apisitniran, Published on 06/04/2024
» Auto exports to Australia may be affected by a new trade barrier expected to be imposed on new cars shipped to the country next year, warns the Thai Automotive Industry Association (TAIA).