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Search Result for “hike”

Showing 1 - 10 of 70

BUSINESS

Call for fuel tax cut as crisis mounts

Business, Lamonphet Apisitniran, Published on 31/03/2026

» The Federation of Thai Industries (FTI) has called on the government to introduce urgent measures, including a possible excise tax reduction on fuel, to help small and medium-sized enterprises (SMEs) cope with escalating operating costs driven by surging global crude oil prices.

BUSINESS

Call for urgent action to tackle rural oil shortage

Business, Lamonphet Apisitniran, Published on 19/03/2026

» The Federation of Thai Industries (FTI) has called on the government to intervene in support of oil middlemen, known locally as "jobbers", who are struggling to secure supplies from refineries, resulting in a shortage affecting industrial and agricultural sectors, as well as smaller filling stations not affiliated with major retail brands.

BUSINESS

Businesses call for delay in minimum wage hike

Business, Lamonphet Apisitniran, Published on 24/06/2025

» The government needs to reconsider its plan to increase the daily minimum wage in Bangkok to 400 baht from July 1 as small and medium-sized enterprises (SMEs) cannot bear additional costs in such a weak economy, which is expected to slow further in the second half of this year, says the Federation of Thai Industries (FTI).

BUSINESS

Tri Petch welcomes B5bn pickup fund

Business, Lamonphet Apisitniran, Published on 08/04/2025

» The government approval of a 5-billion-baht fund to lift domestic pickup sales offers vehicle and auto parts makers some relief amid a stagnant market and stiff US auto tariffs, say local distributors.

BUSINESS

Tariffs may raise export costs

Business, Lamonphet Apisitniran, Published on 06/03/2025

» Operating costs for Thai exports are likely to spike by 6-8% on average given US President Donald Trump's aggressive tariff policy on imports, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Call for more tariffs alongside higher VAT

Business, Lamonphet Apisitniran, Published on 07/02/2025

» Most entrepreneurs want the government to raise tariffs on products imported to Thailand if it continues with its tax reform plan, according to the latest poll conducted by the Federation of Thai Industries (FTI).

BUSINESS

Call for Thai team to handle Trump

Business, Lamonphet Apisitniran, Published on 06/02/2025

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is calling on the government to have representatives from the business sector jointly form a "Team Thailand" to deal with the impact of new US policies under the Donald Trump administration.

BUSINESS

Panel aims to delay wage hike

Business, Lamonphet Apisitniran, Published on 05/12/2024

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is preparing to submit a petition letter to Prime Minister Paetongtarn Shinawatra on Friday, asking her to delay the plan to increase the daily minimum wage to 400 baht on Jan 1 next year as businesses are struggling to deal with the sluggish economy.

BUSINESS

SCGP sees 15% hike in revenue target

Business, Lamonphet Apisitniran, Published on 24/07/2024

» SCG Packaging Plc (SCGP), a Thai operator in the fully-integrated packaging chain in Southeast Asia, maintains its revenue target is projected to increase by 15% year-on-year to 150 billion baht in 2024, driven by growing demand for packaging products in Vietnam.

BUSINESS

Wage hike to benefit migrants, says FTI

Business, Lamonphet Apisitniran, Published on 28/05/2024

» The government must reconsider its controversial plan to increase the daily minimum wage to 400 baht nationwide as much of the money would go to migrant workers rather than help boost the domestic economy, says the Federation of Thai Industries (FTI).