Showing 1 - 10 of 78
Panel trims export growth forecast
Business, Lamonphet Apisitniran, Published on 06/07/2023
» Dim economic prospects over the next six months have caused the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) to cut its export growth forecast to -2% this year, down from -1%.
EconThai glum on second-half outlook
Business, Lamonphet Apisitniran, Published on 20/06/2023
» The domestic economy may slow down in the second half of the year due to a number of problems, ranging from looming drought and political uncertainties to a sluggish global economy, says the Employers' Confederation of Thai Trade and Industry (EconThai).
Sugar cane decline to hit KSL production
Business, Lamonphet Apisitniran, Published on 16/06/2023
» Khon Kaen Sugar Industry Plc (KSL), Thailand's third-largest sugar producer by sales volume, expects sugar cane output for its factories to decrease by 10-15% to 5 million tonnes in the new 2023-24 crop year because of drought.
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).
Thailand at risk of drought as water demand outstrips supply
Business, Lamonphet Apisitniran, Published on 06/06/2023
» Thailand is at risk of water scarcity in the eastern region, where the government's flagship investment project Eastern Economic Corridor (EEC) is being developed, as water demand grows while supply is limited, says the Federation of Thai Industries (FTI).
Industry urges drought measures
Business, Lamonphet Apisitniran, Published on 04/05/2023
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to brace for drought and possible water shortages that will affect businesses, causing them to increase the prices of goods again.
SCG wary 3 factors may curb the economy
Business, Lamonphet Apisitniran, Published on 28/04/2023
» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, has raised fresh concerns about unpleasant impacts on the local economy caused by three risk factors: high energy costs, PM2.5 ultra-fine dust and drought.
Sugar enjoying a boost in popularity
Business, Lamonphet Apisitniran, Published on 14/04/2023
» The hot season and recovery of the tourism sector are increasing demand for sugar as people buy more food and beverages.
Sugar cane output below expectations
Business, Lamonphet Apisitniran, Published on 11/04/2023
» Sugar cane output is lower than forecast for this crop year, with an increase of just 1.9% to 93.8 million tonnes due to drought and more farmers switching to cultivating cassava, says the Office of the Cane and Sugar Board (OCSB).
Sugar farmers upbeat on export outlook
Business, Lamonphet Apisitniran, Published on 15/06/2022
» Thai sugar cane output in the next 2022-23 crop year is expected to increase to 106 million tonnes, leading to higher sugar exports, though the impact of Russia-Ukraine war continues to worry farmers.