Showing 31-40 of 68 results
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Ukraine war hits growth forecast
Business, Lamonphet Apisitniran, Published on 03/03/2022
» Thai economic growth is expected to dip to 2.5%, down from an earlier target of 3-4.5%, with the upper bound of inflation at 3% as a result of the dispute between Russia and Ukraine, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).
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FTI calls for rejig of oil price structure as fuel costs soar
Business, Lamonphet Apisitniran, Published on 10/03/2022
» The Federation of Thai Industries (FTI) has called on the government to redesign the domestic oil price structure to better deal with the impact of soaring global oil prices.
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SCG rejigs investment plans
Business, Lamonphet Apisitniran, Published on 11/03/2022
» The widening impact of the Russia-Ukraine war is causing SET-listed Siam Cement Group (SCG), Thailand's largest cement maker and industrial conglomerate, to review its investment plan this year as energy and raw materials prices are increasing.
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Country girds for impact of higher steel prices
Business, Lamonphet Apisitniran, Published on 12/03/2022
» Thailand is bracing for the impact of expensive steel in the global market after prices rose by more than 10% following the outbreak of war between two of the world's major steel exporters -- Russia and Ukraine.
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Automakers fear parts shortage amid conflict
Business, Lamonphet Apisitniran, Published on 26/03/2022
» The Russia-Ukraine war is threatening to cause a shortage of auto parts for European automakers, which will affect global supply chains and car assembly in Thailand, says the Thai Automotive Industry Association (TAIA).
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Key panel further cuts GDP forecast
Business, Lamonphet Apisitniran, Published on 06/04/2022
» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) continues to cut its GDP forecast, with maximum growth down to 4%, while inflation is likely to soar to 5.5% based on the unsettled Russia-Ukraine war and Covid-19 outbreaks in China.
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High steel prices hit constructors
Business, Lamonphet Apisitniran, Published on 12/04/2022
» The Russia-Ukraine war is pushing up domestic steel prices, which have already risen by 20%, causing homebuyers and construction firms to shoulder higher expenses.
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Millcon mulls new recycling venture
Business, Lamonphet Apisitniran, Published on 14/04/2022
» SET-listed Millcon Steel, a Thai steel manufacturer, expects to conclude a new deal with partners in the fourth quarter to jointly develop recycling businesses to add value to scrap.
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Car exports hit by parts crisis
Business, Lamonphet Apisitniran, Published on 26/04/2022
» Thailand's car exports in March dropped by 10.2% year-on-year to 93,840 units due to a shortage of semiconductors and auto parts, which could become even more scarce because of the Russia-Ukraine war, says the Federation of Thai Industries (FTI).
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Inflation heads industry agenda
Business, Lamonphet Apisitniran, Published on 09/05/2022
» Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.
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