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Search Result for “Thai economy”

Showing 1 - 10 of 11

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GENERAL

Group urges wages based on skills

Business, Lamonphet Apisitniran, Published on 11/06/2024

» The Labour Ministry is being asked to consider replacing the proposed 400-baht daily minimum wage policy with a wage increase based on workers' skills, says the Federation of Thai Industries (FTI).

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MOTORING

Premium cars cannot avoid plunge in sales

Business, Lamonphet Apisitniran, Published on 08/06/2024

» The decline in domestic car sales is having a broad impact on the automotive industry, even dampening the premium car segment, which typically resists downturns in consumer spending, according to Mercedes-Benz (Thailand).

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GENERAL

Concerns over decline in steel consumption

Business, Lamonphet Apisitniran, Published on 07/06/2024

» Sluggish car sales in Thailand led to an 11-12% decrease in premium-grade steel sales during the first four months of 2024, underscoring worries concerning reduced steel consumption in the country this year, says the Federation of Thai Industries (FTI).

GENERAL

Group predicts more factory closures

Business, Lamonphet Apisitniran, Published on 06/06/2024

» Factory shutdowns are expected to gradually increase after 1,600 to 1,700 already shuttered earlier this year because of the economic slowdown, merger plans or rising operating costs, says the Federation of Thai Industries (FTI).

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GENERAL

A steady pair of hands steering the ship

Business, Lamonphet Apisitniran, Published on 01/06/2024

» Dr Pichit Kangwolkij treats diseases as part of his profession, so making business diagnoses a part of his daily routine requires a shift in mindset.

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GENERAL

Wage hike to benefit migrants, says FTI

Business, Lamonphet Apisitniran, Published on 28/05/2024

» The government must reconsider its controversial plan to increase the daily minimum wage to 400 baht nationwide as much of the money would go to migrant workers rather than help boost the domestic economy, says the Federation of Thai Industries (FTI).

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MOTORING

2024 car output target could be trimmed

Lamonphet Apisitniran, Published on 24/05/2024

» The country's car manufacturing target for 2024 may be downgraded as production continues to dip, with a sluggish economy affecting car sales, according to the Federation of Thai Industries (FTI).

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GENERAL

Group seeks gain from US-China trade war

Business, Lamonphet Apisitniran, Published on 23/05/2024

» The US recently imposed very high tariffs on Chinese products, notably electric vehicles and semiconductors, which will cause China to concentrate on expanding its EV manufacturing within Asia, with Thailand poised to become a key export hub, says the Federation of Thai Industries (FTI).

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GENERAL

Gearing up for the new economy

Lamonphet Apisitniran, Published on 20/05/2024

» Business challenges have prompted the Federation of Thai Industries (FTI) to come up with new projects, hoping to strengthen local entrepreneurs.

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GENERAL

Wage hike erodes April sentiment

Business, Lamonphet Apisitniran, Published on 16/05/2024

» The Thai Industries Sentiment Index (TISI) fell to 90.3 points in April, down from 92.4 points in March, with the planned daily minimum wage hike among the factors dealing a blow to business confidence, says the Federation of Thai Industries (FTI).