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BUSINESS

Call for tougher rules to address Chinese imports

Business, Lamonphet Apisitniran, Published on 11/01/2025

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is calling on the government to enforce legal measures against the influx of low-cost Chinese products into the Thai market, which is expected to intensify this year.

BUSINESS

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).

BUSINESS

Factories closing as cheap imports flood Thailand

Business, Lamonphet Apisitniran, Published on 27/06/2024

» Many local factories producing electronics, steel and plastics have shuttered this year as purchase orders shrink and cheap imports flood the Thai market, says the Industry Ministry.

BUSINESS

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.

BUSINESS

Federation of Thai Industries warns of business woes ahead of minimum wage hike

Business, Lamonphet Apisitniran, Published on 22/02/2024

» The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this year.

BUSINESS

Car producers still optimistic for 2022

Business, Lamonphet Apisitniran, Published on 10/01/2022

» Tourism was not the only industry relieved when Thailand reopened its borders to foreigners on Nov 1 last year, with automakers also applauding the move to welcome back international visitors.

BUSINESS

Stakeholder meeting to discuss withering outlook

Business, Lamonphet Apisitniran, Published on 11/05/2020

» Automotive industry stakeholders are meeting this week to discuss this year's outlook and devise market strategies to boost purchasing power, as the sector has suffered considerably from the pandemic.