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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

SCG halts olefins unit following Hormuz disruption

Business, Lamonphet Apisitniran, Published on 11/03/2026

» Industrial conglomerate Siam Cement Group (SCG) is temporarily shuttering its olefins plant in Rayong, though it remains confident its other businesses will continue to operate as normal during the conflict in Iran.

BUSINESS

Reopening of border crossings still uncertain

Business, Lamonphet Apisitniran, Published on 16/09/2025

» Thailand will not reopen some border crossings until its territorial conflicts with Cambodia are solved through both diplomatic and military approaches, said Prime Minister Anutin Charnvirakul.

SUSTAINABILITY

How WHA uses practices to manage risk

Business, Lamonphet Apisitniran, Published on 01/09/2025

» While more foreign investment in Thailand drives up revenue for WHA Corporation Plc each year, its increased investment and spending on eco-friendly projects and inclusive workplace approaches are crucial for the company's business sustainability.

BUSINESS

Thai business confidence slumps to 7-month low

Business, Lamonphet Apisitniran, Published on 19/06/2025

» The Thai Industries Sentiment Index (TISI) fell to 88.1 points in May, the lowest level in seven months, as business confidence remains low, partly attributed to the impact of new geopolitical conflicts on the economy, says the Federation of Thai Industries (FTI).

BUSINESS

Vimut anticipating 40% jump in revenue

Business, Lamonphet Apisitniran, Published on 29/05/2025

» Vimut Holding Hospital Co, a unit of real estate developer Pruksa Holding, expects its revenue to soar by 40% this year, driven by tourism and the hospital's investment in innovative healthcare services.

BUSINESS

Arms deals with US ‘could cut Thai trade surplus’

Lamonphet Apisitniran, Published on 04/04/2025

» Thailand should consider buying more military technology and weapons from the United States to narrow the trade imbalance that led President Donald Trump to slap a 36% tariff on Thai exports, says the Federation of Thai Industries (FTI).

BUSINESS

Amata celebrates its 50th anniversary

Business, Lamonphet Apisitniran, Published on 17/01/2025

» SET-listed industrial developer Amata Corporation celebrates 50 years in business, with an aim to gain momentum in its well-established, stringent environmental standards and enable people employed on-site to achieve a positive work-life balance.

BUSINESS

Revival predicted for production in 2025

Business, Lamonphet Apisitniran, Published on 28/11/2024

» Thailand's Manufacturing Production Index (MPI) is expected to grow by 1.5-2.5% next year, recovering from an estimated contraction of 1.6% in 2024 as a result of weak consumer purchasing power and a high level of household debt, says the Office of Industrial Economics (OIE).