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The Latest Breaking News from FTI

Business sector warns prices will rise if cost of electricity goes up

The Federation of Thai Industries has warned that product prices will rise if the government approves a planned electricity price hike from next month.

Bangkok Post

Battery EVs take off in Thailand

Battery electric vehicles (BEVs) are becoming more popular with Thai motorists, beating other types of EVs that were previously thought to be better suited to the Thai market as concerns over charging facilities ease, says the Federation of Thai Industries (FTI).

Bangkok Post

BoI partners with FTI to promote BCG investments

The Board of Investment (BoI) has joined hands with the Federation of Thai Industries (FTI) to push ahead with new investments in targeted industries in line with bio-, circular and green (BCG) economic development.

Bangkok Post

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A showcase for the BCG model

The Asia-Pacific Economic Cooperation (Apec) summit offered a glimpse into how countries plan to deal with uncertainties post-pandemic as well as the Thai government's push towards a new economic model.

Bangkok Post

Flood boosts sales of farm machinery

The Federation of Thai Industries (FTI) expects demand for agricultural machinery to keep growing in both domestic and overseas markets as damage caused by recent flooding should increase sales.

Bangkok Post

Call for stimulus as slowdown looms

The Thai economy, which is struggling to recover from the impact of the pandemic and the Russia-Ukraine war, likely faces a new slowdown as a global recession is expected next year, says the Federation of Thai Industries (FTI).

Bangkok Post

Call for tax cut to help flood-hit businesses

Company executives want the government to help flood-hit entrepreneurs with a corporate income tax reduction, according to a Federation of Thai Industries (FTI) survey of its members.

Bangkok Post

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Chip shortages put a dent in rising sales of motorcycles

The Thai economic recovery is expected to boost motorcycle sales in the domestic market, but manufacturers are still struggling to deal with ongoing semiconductor shortages, says the Federation of Thai Industries (FTI).

Bangkok Post

September car exports up amid rise in chip supply

More semiconductors are being supplied to the global auto industry, following a decline in demand for chips from the electronics sector, while car exports from Thailand reached their highest level so far this year in September, according to the Federation of Thai Industries (FTI).

Bangkok Post

Domestic car sales rise 15.64% y/y in Sept

Domestic car sales rose 15.64% in September from a year earlier to 74,150 units, helped by an economic recovery and new car models, the Federation of Thai Industries (FTI) said on Thursday.

Bangkok Post

FTI ramps up help for small firms

The Federation of Thai Industries (FTI) is increasing its efforts to help small and medium-sized enterprises (SMEs), especially micro-SMEs, as they try to cope with the financial burden of interest rate hikes and a higher minimum wage.

Bangkok Post

FTI frets over slowdown of shipments in fourth quarter

The Federation of Thai Industries (FTI) has expressed fresh concerns over an export slowdown in the fourth quarter of 2022, following a drop in goods purchase orders overseas.

Bangkok Post

Thailand to boost exports to Saudi market

Thailand has set its sights on growing exports to Saudi Arabia by 5% next year, with potential products including food, construction, petrochemicals, automobiles and seedlings.

Bangkok Post

Bumpy road to recovery

Even as Thailand continues on its path to economic recovery in the fourth quarter, buoyed by tourism and domestic consumption, businesses are still unnerved by pressing challenges, including high inflation, a weaker baht, surging energy prices and flooding, which could hamper the rebound.

Bangkok Post

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FTI suggests retention of current policies

The Federation of Thai Industries (FTI) expects a new government formed after a general election next year to maintain policies that benefit businesses to help them survive in 2023.

Bangkok Post

FTI counsels MPC on rate

The Bank of Thailand needs to determine an appropriate policy rate today amid growing concerns the baht value may fall to 39 to the US dollar, says the Federation of Thai Industries (FTI).

Bangkok Post

Sharp increase in domestic car sales

Domestic car sales in the first eight months this year increased by 19.6% year-on-year to 559,537 units as recovering tourism helped boost demand following the reopening of the country late last year, says the Federation of Thai Industries (FTI).

Bangkok Post

Domestic car sales jump 61% y/y in August

Domestic car sales surged 61.72% in August from a year earlier to 68,208 units, helped by an easing of Covid-19 curbs and a low baseline last year, the Federation of Thai Industries (FTI) said on Thursday.

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Bangkok Post

FTI rolls out carbon credit trade platform

The Federation of Thai Industries (FTI) has launched a carbon credit platform to encourage entrepreneurs to reduce carbon dioxide emissions in a move to help the government fight global warming.

Bangkok Post

FTI highlights switch to battery-powered motorcycles

The Federation of Thai Industries (FTI) expects hybrid electric motorcycles to become less popular among Thai riders after the number of newly registered bikes in this category fell by 80% year-on-year the first seven months this year.

Bangkok Post

FTI foresees opportunities in Saudi Arabian mega-city

The Federation of Thai Industries (FTI) sees a new business opportunity for Thai companies under the newly-forged Thai-Saudi trade cooperation that could lead them to earn revenue in Riyadh's ambitious plan to build the US$500-billion mega-city of Neom.

Bangkok Post

Wage hike looms large for firms

Businesses have mixed reactions to the new daily minimum wage hike finalised by the cabinet on Tuesday as they deal with a raft of economic challenges.

Bangkok Post

Troubled waters

Industry leaders are alert to heavier rainfall as flooding can deal a further blow to the economy, though many of them do not believe certain business activities will be drowned as happened in 2011.

Bangkok Post

Bevy of factors cut car output

The Federation of Thai Industries (FTI) has downgraded Thailand's total car manufacturing target to 1.75 million units this year as its estimate of more production for domestic sales cannot offset a drop in exports amid geopolitical conflicts and lower consumer purchasing power.

Bangkok Post

FTI calls for industrial power subsidies

The Federation of Thai Industries (FTI) is calling on the government to extend its electricity subsidy measures for the public to also cover manufacturers, which are struggling to deal with an increasing financial burden amid high energy prices.

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