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Search Result for “Thai economy”

Showing 1 - 10 of 15

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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).

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GENERAL

Industry sees options to BoT spat

Business, Lamonphet Apisitniran, Published on 13/05/2024

» The government should seek more acceptable options to resolve its dispute with the Bank of Thailand over policy rates rather than attempt to curb the regulator's power, which is a contentious tactic, says Montri Mahaplerkpong, vice-chairman of the Federation of Thai Industries.

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GENERAL

Industrialists join rate-cut chorus

Lamonphet Apisitniran, Published on 07/05/2024

» The Bank of Thailand should consider reducing interest rates in the second half to relieve the financial burden of small and medium-sized enterprises (SMEs), which are facing tougher competition and an uncertain economy, says the Federation of Thai Industries (FTI).

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GENERAL

Grim outlook for Thai steelmakers

Business, Lamonphet Apisitniran, Published on 07/05/2024

» Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association.

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GENERAL

Industry group predicts short-term price stability

Business, Lamonphet Apisitniran, Published on 03/05/2024

» Manufacturers are expected to maintain the prices of goods in the short term following a recent hike in domestic diesel rates to avoid adding a burden to people's cost of living, says the Federation of Thai Industries (FTI).

GENERAL

Conflict hits Myanmar border trade

Business, Lamonphet Apisitniran, Published on 29/04/2024

» The armed conflict between the Myanmar junta and ethnic minority groups could reduce Thai-Myanmar border trade value by 40%, says the Federation of Thai Industries (FTI).

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GENERAL

Study on Land Bridge estate expected soon

Business, Lamonphet Apisitniran, Published on 26/04/2024

» A study on the construction of a new industrial estate to support the government's proposed Land Bridge project is expected to be completed in 3-4 months, says the Industrial Estate Authority of Thailand (IEAT).

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GENERAL

SCG tracking events in the Middle East

Business, Lamonphet Apisitniran, Published on 26/04/2024

» SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, expects its energy and operating costs as well as expenses for raw materials to increase if conflicts in the Middle East escalate.

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GENERAL

Thai sugar output falls amid drought

Business, Lamonphet Apisitniran, Published on 22/04/2024

» Thailand's sugar cane output declined in the 2023-24 crop year, resulting from severe drought, which may affect sugar supply in the global market, says the Office of the Cane and Sugar Board (OCSB).

GENERAL

FTI preps units for AI, creative sector

Business, Lamonphet Apisitniran, Published on 20/04/2024

» The Federation of Thai Industries (FTI) is planning to establish new units to align with the government's policy to promote artificial intelligence (AI) and the creative economy as levers of soft power.