Showing 1 - 10 of 19
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.
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).
Krungsri Auto expects flat growth
Business, Lamonphet Apisitniran, Published on 13/03/2024
» While the 45th Bangkok International Motor Show later this month should ramp up electric vehicle (EV) sales, new auto loans from Krungsri Auto, the country's largest auto loan provider, will grow only 0.4% year-on-year in 2024, says Congsin Congcar, the head of Krungsri Auto Group.
Pickup sales plunge by more than 43%
Business, Lamonphet Apisitniran, Published on 23/02/2024
» Domestic sales of pickups remained sluggish in January, plummeting more than 43% year-on-year, as banks remain cautious in granting auto loans, says the Federation of Thai Industries (FTI).
Federation of Thai Industries warns of business woes ahead of minimum wage hike
Business, Lamonphet Apisitniran, Published on 22/02/2024
» The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this year.
Bank of Thailand pushed to better regulate bank rates
Business, Lamonphet Apisitniran, Published on 03/02/2024
» Companies under the Federation of Thai Industries (FTI) are calling on the Bank of Thailand (BoT) to better regulate commercial banks' interest rates as increasing financial costs are threatening to slow investment.
FTI says wage hike will hit small firms
Business, Lamonphet Apisitniran, Published on 23/01/2024
» Businesses, especially small and medium-sized enterprises (SMEs), are likely to suffer from a daily minimum wage increase amid high loan interest rates as the government continues to push for the wage hike, says the Federation of Thai Industries (FTI).
Sentiment declines in December
Business, Lamonphet Apisitniran, Published on 18/01/2024
» The Thailand Industry Sentiment Index (TISI) fell in December 2023 to 88.8 points, attributed to a range of factors from a decrease in sales to lower production, says the Federation of Thai Industries (FTI).
BoT urged to slash rates as risks mount
Business, Lamonphet Apisitniran, Published on 11/01/2024
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has urged the Bank of Thailand to cut interest rates to better match the country's economy, which faces both internal and external risks.
Industrial sentiment slumps
Business, Lamonphet Apisitniran, Published on 16/11/2023
» The Thailand Industry Sentiment Index continued its decline to 88.4 points in October, the lowest level in 16 months, on the back of lower sales by manufacturers and unpleasant domestic circumstances, says the Federation of Thai Industries (FTI).