Showing 1 - 10 of 36
‘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).
Steel manufacturers merge to survive
Business, Lamonphet Apisitniran, Published on 28/05/2025
» Two local steel manufacturers -- Thai Coated Steel Sheet Ltd (TCS) and Thai Cold Rolled Steel Sheet Plc (TCRSS) -- have decided to merge to survive the undulations of the steel market given major economic uncertainties as a result of Washington's trade policy.
FTI sounds alarm on levy proposal
Business, Lamonphet Apisitniran, Published on 09/05/2025
» The Federation of Thai Industries (FTI) has warned the government that its controversial idea to impose value-added tax (VAT) on businesses earning less than 1.8 million baht a year could lead to more struggles at a time of economic uncertainties.
US tariffs to batter Thai steel industry
Business, Lamonphet Apisitniran, Published on 06/05/2025
» US President Donald Trump's tariffs are expected to deal a blow to the steel market, which is likely to see a decline in steel consumption, says the EAF Long Product Steel Producers Association.
Production hit by export slowdown
Business, Lamonphet Apisitniran, Published on 03/07/2023
» Manufacturers in 25 industries are adjusting their production plans following an export downturn that caused a drop in value for eight consecutive months, says the Federation of Thai Industries (FTI).
Alarm over weather-related threats
Business, Lamonphet Apisitniran, Published on 08/06/2023
» Drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion baht to the Thai economy this year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
Industrial sentiment keeps rising amid tourism recovery
Business, Lamonphet Apisitniran, Published on 20/04/2023
» The Thailand Industry Sentiment Index (TISI) continued to rise in March to 97.8 points, the highest in 10 months, thanks to the tourism recovery and farmers' greater purchasing power, says the Federation of Thai Industries (FTI).
Maserati upbeat on sales potential in Asia-Pacific
Business, Lamonphet Apisitniran, Published on 28/03/2023
» Demand for luxury cars in Thailand and Asia-Pacific remains robust despite a sluggish global economy, says Italian luxury car manufacturer Maserati.
Sentiment gains on higher orders of goods, spending
Business, Lamonphet Apisitniran, Published on 16/03/2023
» The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued.
Indorama Ventures sees its revenue rising by up to 10%
Business, Lamonphet Apisitniran, Published on 07/03/2023
» Thailand-based chemical producer Indorama Ventures Plc (IVL) expects its revenue to rise by 5-10% in fiscal 2023, driven by growing demand, despite the prospects of a global recession.