Showing 51-60 of 96 results
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New plant to address droughts
Business, Lamonphet Apisitniran, Published on 19/05/2020
» In response to the ongoing and future droughts plaguing the industrial sector, the Industrial Estate Authority of Thailand (IEAT) is planning to invest in a water desalination plant in the Eastern Economic Corridor (EEC).
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Sugar mills sound alarm over drought
Business, Lamonphet Apisitniran, Published on 13/05/2020
» Thailand's sugar mills are warning that another drought could significantly cut into output for the 2020-21 crop year.
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MPI dragged down to record low negative
Business, Lamonphet Apisitniran, Published on 30/04/2020
» The Office of Industrial Economics (OIE) has downgraded Thailand's manufacturing production index (MPI) for 2020 to a record low of negative 6-7%, with industrial GDP contracting 5.5-6.5%.
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10% contraction seen from renewed outbreak
Business, Lamonphet Apisitniran, Published on 29/04/2020
» The economy could contract by as much as 10% this year in a worst-case scenario in which a second coronavirus outbreak occurs after the government lifts lockdown measures, says a financial expert.
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Recovery for factories under preparation
Business, Lamonphet Apisitniran, Published on 29/04/2020
» The Department of Industrial Works (DIW) is drafting an economic recovery plan to help factories by implementing exemptions around operating costs. It plans to propose the measure to the cabinet for approval this week.
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Sentiment nosedives in March to 28-month low
Business, Lamonphet Apisitniran, Published on 24/04/2020
» The Thai Industry Sentiment Index (TISI) in March hit its lowest level in 28 months, dropping to 88.0 points, primarily due to the economic consequences of the Covid-19 outbreak, the government curfew and the drought, reports the Federation of Thai Industries (FTI).
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State agencies plan for rural recovery
Business, Lamonphet Apisitniran, Published on 23/04/2020
» The government has ordered all state agencies and related bureaus to map out their own economic recovery plans to boost local economies - deemed the main avenue to repair the devastated economy from the bottom up.
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Bitter outlook for sugar industry
Business, Lamonphet Apisitniran, Published on 20/04/2020
» With Thailand in the midst of its worst drought in four decades, sugar production is falling significantly for this year's crop cycle, pushing up the price of sugar globally and placing a severe strain on the domestic industry.
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Industry Ministry defers SMEs' debt payments
Business, Lamonphet Apisitniran, Published on 31/03/2020
» The Industry Ministry will suspend debt payments for 12 months for small and medium-sized enterprises (SMEs) affected by the Covid-19 outbreak who borrowed money from the 20-billion-baht Pracha Rat fund.
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February index wilts on sugar cane woes
Business, Lamonphet Apisitniran, Published on 26/03/2020
» Thailand's manufacturing production index (MPI) fell by 5.19% year-on-year in February to 99.9 points, according to the Office of Industrial Economics (OIE).
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