Cheap and substandard imports hurting Thai industries – FTI CEO Poll

Most Thai industrialists admit that their businesses have been affected by the imports of cheap and substandard products, particularly electrical appliances, food, textiles, cosmetics and garments, according to the latest…

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Sanan Angubolkul, chairman of the Thai Chamber of Commerce and Board of Trade

Thai private sector urges govt to reach FTAs with more countries

Thai private business operators are urging the government to speed up the finalisation of free trade agreements (FTA) with more countries to boost Thai exports, which fell for ten straight…

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Pita meets with Federation of Thai Industries to soothe concerns

Move Forward’s leader Pita Limjaroenrat stole the limelight again on Tuesday by using a motorcycle taxi to go to a meeting at the Federation of Thai Industries (FTI). He did…

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Photo : AFP

Businesses express concern over Move Forward minimum wage increase policy

Members of the Federation of Thai Industries (FTI) are scheduled to meet with key members of the Move Forward party, to express their concern over the party’s policy to increase…

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Thailand’s car sales for the first ten months jump 17%

Domestic car sales in Thailand, in the first ten months of 2022, were 698,305 vehicles, representing a 17.09% increase, compared to the same period last year, according to the Federation…

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Photo by STEPHEN SHAVER / AFP

Thailand’s private sector tells government – ‘No more lockdown restrictions’

The joint committee of Thailand’s three private sector organizations has told the government not to re-impose lockdown restrictions, but to accelerate vaccinations to cover 70% of the country’s population before…

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Industrial sector confidence index for June lowest in 12 months

The industrial confidence index for June has fallen again for the third consecutive month, to the lowest point of 80.7 in 12 months and from 82.3 in May, according to…

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People dine separated by dividing screens at a street food corner in Bangkok’s Chinatown on January 10, 2021, (Photo by Mladen ANTONOV / AFP)

฿1-2bn Baht per day loss expected due to new restrictions – Commerce Chamber

One to two billion Baht in revenue will be lost per day, resulting in an economic contraction of about 0.1%-0.3%, amid a new round of COVID-19 restrictions beginning today (Monday)…

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Cautious optimism infects Thailand as mass vaccination heralds reopening 

The launch of Thailand’s mass vaccination program on June 7 has sparked hope that the country can reopen for tourists and resume normal business activities. But uncertainty remains. The third…

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Govt’s latest COVID-relief loan triggers fears over transparency, public debt   

Controversy has erupted over the government’s move to borrow another huge sum to aid recovery from the virus crisis.  The government opted for an emergency decree to sanction an extra…

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A child sits at a table in front of closed shops at Pratunam market in Bangkok. (Photo by Mladen ANTONOV / AFP)

Vaccination delay threatens another downward spiral for Thai economy

The combination of a new wave of COVID-19 and delayed vaccination is set to wreak more damage on Thailand’s economy, with people’s incomes falling further and business risks rising. Slow…

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