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Search Result for “invasion”

Showing 1 - 10 of 12

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

Industry group predicts short-term price stability

Business, Lamonphet Apisitniran, Published on 03/05/2024

» Manufacturers are expected to maintain the prices of goods in the short term following a recent hike in domestic diesel rates to avoid adding a burden to people's cost of living, says the Federation of Thai Industries (FTI).

BUSINESS

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.

BUSINESS

Steel makers wary of Russian product dumping

Business, Lamonphet Apisitniran, Published on 17/02/2023

» Thai steel manufacturers are worried about an influx of cheap steel products from Russia into Thai and Asean markets, following sanctions on Moscow for its invasion of Ukraine.

BUSINESS

SAF Special Steel preps for MAI listing

Business, Lamonphet Apisitniran, Published on 02/08/2022

» SAF Special Steel Plc, a distributor of premium steel in Thailand, is pushing ahead with its plan for an initial public offering (IPO) on the Market for Alternative Investment (MAI), as the company aims to expand its business domestically.

BUSINESS

SCG profits plunge 41%

Business, Lamonphet Apisitniran, Published on 30/07/2022

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, saw its profits plunge by 41% year-on-year to 18.7 billion baht in the first half of 2022, mainly due to the impact of the Russian invasion of Ukraine.

BUSINESS

Industry leaders warn of challenges ahead for Thai economy

Business, Lamonphet Apisitniran, Published on 12/05/2022

» Despite a gradual recovery projected for the tourism sector, Thailand's economy still faces a spate of challenges including the persistent pandemic and the impact of Russia's invasion of Ukraine, which has disrupted global commerce, pushed up oil prices and threatened food supplies.

BUSINESS

High steel prices hit constructors

Business, Lamonphet Apisitniran, Published on 12/04/2022

» The Russia-Ukraine war is pushing up domestic steel prices, which have already risen by 20%, causing homebuyers and construction firms to shoulder higher expenses.

BUSINESS

Key panel further cuts GDP forecast

Business, Lamonphet Apisitniran, Published on 06/04/2022

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) continues to cut its GDP forecast, with maximum growth down to 4%, while inflation is likely to soar to 5.5% based on the unsettled Russia-Ukraine war and Covid-19 outbreaks in China.

BUSINESS

Thai growth reviewed amid Ukraine war

Business, Lamonphet Apisitniran, Published on 02/03/2022

» Growing concerns over the escalating war between Russia and Ukraine is causing the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to reassess Thailand's economic prospects in 2022.