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Search Result for “shock”

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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

Country girds for impact of higher steel prices

Business, Lamonphet Apisitniran, Published on 12/03/2022

» Thailand is bracing for the impact of expensive steel in the global market after prices rose by more than 10% following the outbreak of war between two of the world's major steel exporters -- Russia and Ukraine.

BUSINESS

FTI suggests oil price surge will hit recovery

Business, Lamonphet Apisitniran, Published on 20/01/2022

» The Federation of Thai Industries (FTI) is worried global oil prices may soar to US$100 a barrel, threatening to worsen the inflation rate and economic recovery, now struggling against the impact of Covid-19 in Thailand.