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The Latest Breaking News from Kriengkrai Thiennukul

Thai businesses expect only a slight impact from simmering China-Taiwan tensions following US House Speaker Nancy Pelosi's visit to the island, with some seeing a somewhat positive impact in relation to outbound shipments of Thai products, especially food, and a possible relocation of production bases to other countries.

Bangkok Post

Business sector preps Apec proposals

Key business people are preparing to propose five-point recommendations, including the long-delayed Free Trade Area of the Asia-Pacific (FTAAP), which is part of regional economic recovery plans, to 21 leaders of the Asia-Pacific Economic Cooperation (Apec) when they meet in Bangkok later this year.

Bangkok Post

Banks expected to delay rate hike

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) believes the banking sector will delay raising the interest rate in line with the Bank of Thailand's anticipated gradual policy rate hike.

Bangkok Post

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Mixed feelings on recovery outlook

Bustling commuters, traffic gridlocks and crowded shopping malls have become more common in the third quarter following the country's reopening in June, fuelling hopes that Thailand is now getting back on its feet.

Bangkok Post

Recovery steps falter

Parliament may cool down after legislators finished their job grilling the government in the censure debate last week, but how the Prayut Chan-o-cha administration will better combat economic hardship remains a burning issue.

Bangkok Post

Industrial mood rises for first time in 3 months

Industrial sentiment picked up for the first time in three months in June thanks to an easing of Covid-19 restrictions and improved economic activity, the Federation of Thai Industries (FTI) said on Friday.

Bangkok Post

FTI, KBank gauge effect on Thai investors

The Federation of Thai Industries (FTI) is assessing the impact on Thai investors in Myanmar after authorities in that country ordered companies there to suspend debt payments for foreign loans.

Bangkok Post

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Industrial mood rises for first time in 3 months

Thailand's industrial sentiment picked up for the first time in three months in June thanks to an easing of Covid-19 restrictions and improved economic activity, an industries group said on Wednesday.

Bangkok Post

Dark clouds on the horizon

The drumbeat warning of recession is getting louder and more frequent, based on reports from the US and other major economies.

Bangkok Post

Subdued spending in second half

Most industry chiefs believe private consumption in the second half is expected to remain flat, limited by pressure from high energy prices and the prolonged pandemic.

Bangkok Post

Industry cowers as baht dips again

The Federation of Thai Industries (FTI) has warned against further currency depreciation to 37 baht against the US dollar, claiming it would make life more miserable for businesses and households because of higher oil prices.

Bangkok Post

Committee revises up GDP growth forecast

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has revised up its 2022 GDP growth forecast to at least 2.75%, up from 2.5%, but soaring inflation remains a wild card.

Bangkok Post

Economic worries trump Covid

The highly transmissible BA.4 and BA.5 sub-variants of Omicron are keeping people alert to a possible outbreak, but Covid-19 may not be the most serious concern as the economy ambles forward.

Bangkok Post

Prayut vows EV production within year

Thailand aims to assemble electric vehicles (EVs) domestically within a year, faster than the previous target of 2024, says Prime Minister Prayut Chan-o-cha.

Bangkok Post

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The long road to recovery

The Centre for Covid-19 Situation Administration (CCSA) announced on June 17 that Thailand plans to lift most of its travel restrictions and virus containment measures from July 1.

Bangkok Post

FTI says country needs to step up EV development

Thailand must speed up its electric vehicle (EV) development to stay ahead of Indonesia if it still wants to become a regional EV production hub, says the Federation of Thai Industries (FTI).

Bangkok Post

Chadchart, FTI eye greener Bangkok

Bangkok governor Chadchart Sittipunt is pushing ahead with urban environmental development by teaming up with the Federation of Thai Industries (FTI) to promote eco-friendly factories, clean water and working to increase green areas in the capital.

Bangkok Post

Food crisis to hit nations in second half

A global food shortage is expected to intensify during the third and fourth quarters this year, with the scarcity likely to benefit Thai food exporters, says the Federation of Thai Industries (FTI).

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Call for more Thai solar panel makers

The Federation of Thai Industries (FTI) is encouraging local companies to invest in solar panel manufacturing, currently dominated by Chinese investors in Thailand, to benefit from a two-year tariff exemption for cells exported from Asean to the US.

Bangkok Post

Bracing for the inevitable

Thailand is expected to enter a cycle of policy rate hikes in the second half of this year in response to persistently high inflation, according to research houses.

Bangkok Post

Inflation hits sentiment in Thai industry

The Thailand Industry Sentiment Index (TISI) fell to a seven-month low of 84.3 points in May amid economic uncertainties ranging from rising inflation to political conflicts overseas, says the Federation of Thai Industries (FTI).

Bangkok Post

Doubts linger over job situation

The government's planning unit, the National Economic and Social Development Council (NESDC), reported on May 23 Thailand's unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher employment in both the agricultural and non-agricultural sectors, as the economy gradually recovers.

Bangkok Post

Scarcity of workers poses threat to food export boon

The Thai food industry is enjoying higher overseas purchase orders, attributed to the impact of the Russia-Ukraine war, but the windfall may be short-lived as a severe labour shortage in the food sector remains unsolved.

Bangkok Post

Don't turn off the tap just yet

Whether the government should bid farewell to economic stimulus measures became a source of debate after the topic was raised by an economist at Thailand Development Research Institute (TDRI).

Bangkok Post

Baht on a tightrope

Industry leaders have urged the government to carefully manage the baht to keep its value at a rate that will benefit both importers and exporters.

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