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Search Result for “inflation forecast”

Showing 1 - 10 of 224

BUSINESS

Business leaders slash Thai growth forecast

Business, Lamonphet Apisitniran, Published on 02/04/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has lowered its Thai GDP growth forecast to a range of 1.2-1.6%, citing the ongoing energy crisis triggered by war in the Middle East. The previous projection was 1.6-2.0%.

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

Mideast conflict dents chip manufacturing

Lamonphet Apisitniran, Published on 23/03/2026

» The United States and Israeli military operations against Iran are disrupting global supply chains, hitting semiconductor manufacturing hard and reverberating through chip‑dependent industries, particularly the automotive sector, which is watching developments closely.

BUSINESS

BMW faces flat sales amid rising oil prices

Lamonphet Apisitniran, Published on 20/03/2026

» Rising crude oil price volatility, fuelled by escalating tensions between the US and Iran, is threatening to stall Thailand's automotive recovery, with luxury car sales projected to remain flat this year, according to BMW Group Thailand.

BUSINESS

Employment trends fuel motorbike sales

Business, Lamonphet Apisitniran, Published on 12/03/2026

» Domestic motorcycle sales in Thailand are expected to climb this year, driven in part by new job seekers who are increasingly turning to motorcycles to earn income as part-time food delivery and motorcycle taxi drivers, according to Thai Yamaha Motor.

BUSINESS

Thai manufacturing index rises on election activity

Lamonphet Apisitniran, Published on 26/02/2026

» Factory activity in Thailand picked up in January, driven by heightened political activity during the election campaign and strong demand in the automotive sector, according to the Office of Industrial Economics (OIE).

BUSINESS

Thai industry urged to embrace restructuring

Business, Lamonphet Apisitniran, Published on 12/02/2026

» Thailand's industrial economy is under a cloud of uncertainty in the first quarter of 2026.

BUSINESS

Parties told to put economy before political bargaining

Business, Lamonphet Apisitniran, Published on 05/02/2026

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has called on political parties to prioritise economic expertise over political bargaining as they scramble to form a new government following the general election.

BUSINESS

FTI eyes 1.5m auto units as domestic demand increases

Lamonphet Apisitniran, Published on 29/01/2026

» The Federation of Thai Industries (FTI) has announced a vehicle manufacturing target of 1.5 million units for 2026, a modest increase from 1.45 million units last year, driven by expectations of stronger domestic demand and growing production of battery electric vehicles (BEVs).

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).