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MOTORING

Car exports heat up as local sales lag

Business, Lamonphet Apisitniran, Published on 24/11/2023

» Automotive exports from Thailand increased by 12.2% year-on-year to 105,726 units in October, driven by growing demand for pickups, especially in the Middle East, but domestic sales remained sluggish because of high household debt.

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GENERAL

FTI seeks measures to help ailing SMEs

Business, Lamonphet Apisitniran, Published on 21/11/2023

» Urgent measures from the government are necessary to solve a financial crisis among 12,898 small and medium-sized enterprises (SMEs), now at risk of succumbing to a huge level of debt worth 61 billion baht, says the Federation of Thai Industries (FTI).

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GENERAL

Sugar farmers call for talks

Business, Lamonphet Apisitniran, Published on 20/11/2023

» Sugar cane farmers plan to ask authorities at the Industry and Commerce ministries on Monday to clarify the cabinet's decision to allow ex-factory sugar prices to increase by only two baht a kilogramme, as the intervention is viewed as unfair by sugar manufacturers.

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GENERAL

Rolls-Royce eyes  green jet engines

Business, Lamonphet Apisitniran, Published on 18/11/2023

» Jet engine producer Rolls-Royce expects green engines for aircraft, designed to be more environmentally friendly, to become more popular amid global efforts to cut greenhouse gas emissions.

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GENERAL

Employers seek law to curb political meddling with wages

Business, Lamonphet Apisitniran, Published on 16/11/2023

» A new law ensuring the national tripartite wage committee is independent is needed to prevent intervention by politicians pledging minimum wage increases during election campaigns, says the Employers’ Confederation of Thai Trade and Industry (EconThai).

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GENERAL

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).

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GENERAL

Salaries set to rise 5% next year

Business, Lamonphet Apisitniran, Published on 14/11/2023

» The salaries of employees in Thailand are expected to increase by 5% next year, which is less than the average of 5.2% within Asia, according to the latest survey by Mercer (Thailand), a US-based consulting firm on human resources.

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GENERAL

Call for Ayutthaya logistics hub

Business, Lamonphet Apisitniran, Published on 06/11/2023

» The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is asking the government to consider making Ayutthaya a new logistics hub to serve growing investment, following the construction of the Chinese-Thai high-speed rail system.

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GENERAL

Companies urge faster cuts of unnecessary laws

Business, Lamonphet Apisitniran, Published on 02/11/2023

» The government must speed up efforts to remove several thousand unnecessary laws that hinder business activities to help Thailand draw more foreign investment, says the Federation of Thai Industries (FTI).

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MOTORING

Export demand projected to be resilient

Business, Lamonphet Apisitniran, Published on 02/11/2023

» Automobiles and auto parts, electronics and agricultural products will drive Thai exports in the final quarter of this year, though shipments overall will remain sluggish for 2023, says the Federation of Thai Industires (FTI).