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BUSINESS

Skills-based compensation mooted

Business, Lamonphet Apisitniran, Published on 17/07/2023

» Pledges to hike the daily minimum wage made by major political parties during their election campaigns raised the hopes of blue-collar workers, but sparked grave concerns among businesses.

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BUSINESS

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%.

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BUSINESS

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).

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BUSINESS

Manufacturers seek steps to reduce costs

Business, Lamonphet Apisitniran, Published on 29/06/2023

» Manufacturers want the government to boost exports despite facing what appears to be an uphill struggle after witnessing a decline in export value over a period of eight consecutive months, according to the latest survey conducted by the Federation of Thai Industries (FTI).

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BUSINESS

Sentiment declines again last month

Business, Lamonphet Apisitniran, Published on 15/06/2023

» Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.

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BUSINESS

Officials offer bleak view on latex medical gloves

Business, Lamonphet Apisitniran, Published on 07/06/2023

» Manufacturers of medical gloves made from rubber latex can expect a continued decline in exports this year, following the easing of Covid-19 infections and a ban on gloves made from natural rubber by some countries, says the Office of Industrial Economics (OIE).

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BUSINESS

MPI plunges by 8% in April

Business, Lamonphet Apisitniran, Published on 01/06/2023

» Thailand's Manufacturing Production Index (MPI) is expected to be tepid this year, with growth of 0-1% because of a combination of business obstacles domestically and overseas, as the April reading was the lowest in 34 months.

BUSINESS

Elections offer respite as output dips

Business, Lamonphet Apisitniran, Published on 29/04/2023

» Election campaigns are expected to stimulate the economy briefly amid global economic uncertainties that are blamed for causing the Manufacturing Production Index (MPI) to dip by 4.56% year-on-year in March to 104.6 points, says the Office of Industrial Economics (OIE).

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BUSINESS

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.

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BUSINESS

FTI holds breath on amended tariff rate

Business, Lamonphet Apisitniran, Published on 21/04/2023

» The Federation of Thai Industries (FTI) remains hopeful a last-minute cut to the new power tariff, slated to take effect in less than two weeks, can help businesses and households cope with energy bills as authorities meet on Friday to review the rate.