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BUSINESS

‘Recession’ a concern, says Thai business group

Lamonphet Apisitniran, Published on 07/01/2026

» Thailand’s economy is bracing for its weakest expansion in 30 years, with GDP growth projected at less than 2% in 2026, attributed to sluggish exports, high household debt and declining competitiveness in global markets, warns the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

BUSINESS

Steelmakers struggle with Chinese influx

Business, Lamonphet Apisitniran, Published on 07/08/2025

» Chinese steel exports continue to increase, affecting many countries including Thailand where local steelmakers are struggling to deal with the influx, says Tata Steel (Thailand), a unit of India's largest manufacturer.

BUSINESS

Ministry told to tackle steel output glut

Business, Lamonphet Apisitniran, Published on 30/06/2025

» The Industry Ministry must take serious action to curb manufacturing of rolled steel in Thailand in order to prevent oversupply, in addition to bracing for higher US tariffs on steel and aluminium, says the Federation of Thai Industries (FTI).

BUSINESS

Ministry seeks to amend EEC land zoning

Business, Lamonphet Apisitniran, Published on 04/03/2025

» The Industry Ministry is stepping up efforts to push for an amendment to the land zoning regulations in the Eastern Economic Corridor (EEC) that are decelerating plans to develop industrial land in a bid to draw more investment to targeted industries.

BUSINESS

Land zoning, price uptick hit investment

Business, Lamonphet Apisitniran, Published on 26/02/2025

» Disputes over industrial land zoning in the Eastern Economic Corridor (EEC) and a resulting price uptick could discourage foreign companies from investing in Thailand, says the Industrial Estate Authority of Thailand (IEAT).

BUSINESS

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).

BUSINESS

WHA increases target for land sales

Business, Lamonphet Apisitniran, Published on 12/09/2024

» SET-listed WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities, has revised up its industrial land sales target to 2,500 rai this year, thanks to growing foreign investment and the state policy to promote new businesses.

BUSINESS

Inward investment to keep rising in H2

Business, Lamonphet Apisitniran, Published on 22/08/2024

» Investment in Thailand will continue to increase in the second half of 2024, boosting land sales in industrial estates, despite the recent establishment of a new government, says SET-listed WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities.

BUSINESS

Ford requests help for combustion engine segment

Business, Lamonphet Apisitniran, Published on 02/08/2024

» Ford Thailand is requesting the government step up efforts to help companies in the internal combustion engine (ICE) car segment, particularly motorcycle manufacturers, as they are not able to quickly adjust to the changes caused by the fast-growing electric vehicle (EV) market.

BUSINESS

Concerns over decline in steel consumption

Business, Lamonphet Apisitniran, Published on 07/06/2024

» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).