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The Latest Breaking News from FTI

Drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion baht to the Thai economy this year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

Bangkok Post

Thailand at risk of drought as water demand outstrips supply

Thailand is at risk of water scarcity in the eastern region, where the government's flagship investment project Eastern Economic Corridor (EEC) is being developed, as water demand grows while supply is limited, says the Federation of Thai Industries (FTI).

Bangkok Post

Tinkler company administrator not forcing sale of Coffs Harbour mansion

The 15-bedroom spread at Sapphire Beach is on the market with Sotheby's for an estimated $30 million.

Newcastle Herald

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Chinese EV firms eager to join FTI

Chinese electric vehicle (EV) manufacturers are keen to become members of the Federation of Thai Industries (FTI) to help drive the fledging EV industry in Thailand.

Bangkok Post

Survey suggests power bills should be coalition's priority

Most entrepreneurs want the new government to follow through on its pledge to reduce power bills, referred to in a memorandum of understanding (MoU) signed by the Move Forward Party and seven other political parties, according to the latest survey by the Federation of Thai Industries (FTI).

Bangkok Post

FTI sticks with annual car production forecast of 1.95m

The Federation of Thai Industries (FTI) is maintaining its prediction for total car production this year at 1.95 million cars despite a drop in output last month.

Bangkok Post

MFP to go easy on wage hike

Move Forward Party (MFP) leader Pita Limjaroenrat said a coalition government under his leadership would not raise the minimum daily wage to 450 baht immediately but would ensure a reasonable increase without causing damage to industry or the economy.

Bangkok Post

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Leading the economy

The business sector is calling for the new government to appoint appropriate leaders to take the helm at economic ministries, in particular the Finance Ministry, as they want to see the country progress without interruption amid several internal and external challenges.

Bangkok Post

Poll victors to get policy wish list

The Federation of Thai Industries (FTI) plans to submit a "position paper" detailing the economic policies preferred by businesses to a new government once it is successfully formed.

Bangkok Post

Industries warn of impact of big wage hikes

Hefty wage increases promised by the winners of the general election would hurt businesses, jobs and competitiveness, the Federation of Thai Industries (FTI)  warned on Tuesday.

Bangkok Post

Working our way back to health

Policies to improve the daily minimum wage for rural workers are hotly debated in the run-up to every election, with this year no exception ahead of the country's first general election in four years on May 14.

Bangkok Post

FTI forecasts production to reach 2m

The Federation of Thai Industries (FTI) expects car manufacturing in Thailand to reach 2 million cars this year, close to the level recorded prior to the Covid-19 pandemic, despite concerns over the impact of costly electricity bills and banking problems overseas.

Bangkok Post

Car production, exports rose in March

Car production in Thailand rose 4.16% in March from a year earlier, to 179,848 units, as a shortage of microchips eased, the Federation of Thai Industries (FTI) said on Tuesday.

Bangkok Post

Thai-Saudi trade set to surge

Thailand remains on track to improve economic ties with Saudi Arabia as it seeks a new potential market for its products, following sluggish exports to the US and Europe.

Bangkok Post

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Bangkok Post

Sky-high summer surge

Greater power usage during the summer months is heating up electricity prices as people crank up air conditioners.

Bangkok Post

FTI holds breath on amended tariff rate

The Federation of Thai Industries (FTI) remains hopeful a last-minute cut to the new power tariff, slated to take effect in less than two weeks, can help businesses and households cope with energy bills as authorities meet on Friday to review the rate.

Bangkok Post

Industrial sentiment keeps rising amid tourism recovery

The Thailand Industry Sentiment Index (TISI) continued to rise in March to 97.8 points, the highest in 10 months, thanks to the tourism recovery and farmers' greater purchasing power, says the Federation of Thai Industries (FTI).

Bangkok Post

Industrial sentiment at decade high

Thailand's industrial sentiment in March reached its highest level in a decade, boosted by a rebound in domestic demand and tourism, but high costs, slowing global growth and baht volatility were a worry, the Federation of Thai Industries (FTI) said on Wednesday.

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Bangkok Post

Trade takes a tumble

Prospects for Thai exports look weak this year as a storm of economic uncertainties are expected to slow down shipping.

Bangkok Post

FTI: Overhaul licensing system to cut corruption

The Thai private sector has faced difficulties and delays in applying to the authorities for licences, not least due to the lack of a one-stop service agency. This has resulted in bribery and so it is imperative that the licensing system is overhauled, said Manapol Poosomboon, vice-chairman of the Federation…

Bangkok Post

Prawit seeks voter seal with list slot

Palang Pracharath Party (PPRP) leader Gen Prawit Wongsuwon said he is running for a party-list seat so he can assume the prime minister's post with grace and confidence.

Bangkok Post

Industries uneasy over banking crisis

Domestic car and motorcycle sales may bear the brunt if Thai financial institutions are affected by the risk of failed banks in the US and Europe, says the Federation of Thai Industries (FTI).

Bangkok Post

FTI: Emphasise climate-linked areas

Despite the country's dependence on tourism to boost its revenue, Thailand needs to further drive its economy through electric vehicles (EVs) and bio-, circular and green (BCG) economic development amid a rapidly changing world, says the Federation of Thai Industries (FTI).

Bangkok Post

Sentiment gains on higher orders of goods, spending

The Thailand Industry Sentiment Index (TISI) increased to 96.2 points in February, the highest level since April 2019, as manufacturing and consumer spending increased while the tourism recovery continued.

Bangkok Post

Industrial sentiment reaches 47-month high

Industrial sentiment in February reached a 47-month high, bolstered by a rebound in domestic demand and tourism, but weak exports were a concern, the Federation of Thai Industries (FTI) said on Wednesday.

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