Showing 1 - 10 of 2,162
Sentiment dips again in May as layoffs unveiled
Business, Lamonphet Apisitniran, Published on 20/06/2024
» The industrial sector remains lacklustre as the Thai Industries Sentiment Index (TISI) continued to fall in May to 88.5 from 90.3 points, with 15,000 workers losing their jobs since early this year, according the Federation of Thai Industries (FTI).
Vimut seen hitting revenue goal
Business, Lamonphet Apisitniran, Published on 19/06/2024
» The Thai economy is likely to remain sluggish in the second half this year, resulting in fewer visits at privately-run Vimut Hospital, but its operator remains confident of reaching a revenue target of 1.3 billion baht this year, driven by the treatment of foreign patients.
FTI urges auto parts producers to diversify
Lamonphet Apisitniran, Published on 18/06/2024
» Local auto parts manufacturers are being urged to adapt to the technological disruption caused by electric vehicles (EVs) and transition to the production of medical devices, which are expected to have a promising business future, says the Federation of Thai Industries (FTI).
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
BOI targets computer chip investments
Business, Lamonphet Apisitniran, Published on 13/06/2024
» The Board of Investment (BOI) is planning to increase investments in computer chips to support the rapid growth of the electric vehicle (EV) industry in Thailand, moving in tandem with the state's plan to set up a national semiconductor board.
Auto loan rejections hurting industry
Lamonphet Apisitniran, Published on 11/06/2024
» Auto loans from banks are probably 100-200 billion baht lower than expected so far this year because of concerns over non-performing loans, which threatens to affect the entire automotive supply chain, according to the Federation of Thai Industries (FTI).
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).
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).
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).
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).