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FOUND: 5 | Mind Blowing Facts

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.

Bangkok Post

Business wary of political climate

While the Thai economy had been pressured by global geopolitical tensions leading up to the National Economic and Social Development Council's decision last week to revise down the upper range of its growth forecast to 3.2% from 3.5%, the business sector also has to keep a close eye on the…

Bangkok Post

Making more than ends meet

A move to expedite the enforcement of the new daily minimum wage as early as October has added to the debate over what the most acceptable wage rise should be.

Bangkok Post

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FTI sees opportunity in strait spat

Thailand should take advantage of the China-Taiwan tensions by inviting companies like Taiwan Semiconductor Manufacturing Company (TSMC) to invest here as Taiwanese semiconductor and electronics companies are expected to relocate their production facilities overseas, says the Federation of Thai Industry (FTI).

Bangkok Post

FTI frets over looming minimum wage hike

The Federation of Thai Industries (FTI) does not agree with the Labour Ministry's plan to enforce a new minimum wage hike on Oct 1, which is earlier than originally anticipated, as businesses will be flooded with too many financial burdens, notably a rise in the Bank of Thailand's policy rate…

Bangkok Post

Taiwan tensions threaten supply of semiconductors

The growing tensions between China and Taiwan have left the Thai automotive industry facing fresh concerns as manufacturers fear China may ban the export of raw materials for chipmaking to Taiwan, aggravating the prolonged global shortage of semiconductors, says the Federation of Thai Industries (FTI).

Bangkok Post

Paragon of productivity

A determination to work for fellow business people plays an important role in driving Kriengkrai Thiennukul's passion to work for the Federation of Thai Industries (FTI).

Bangkok Post

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TechnipFMC plc (FTI) Q2 Earnings Lag Estimates, Sales Beat

TechnipFMC plc (NYSE: FTI) reported second-quarter 2022 adjusted earnings of 2 cents per share, lagging the Zacks Consensus Estimate of 4 cents per share. This underperformance was due to higher product costs and lease expenses, which pushed up the company's total expenses.

Benzinga

Motorcycle output falls in H1, exports increase 2.94%

Thailand's motorcycle industry is being hit by the ongoing global semiconductor shortage, which caused production to fall by 1.26% year-on-year to 1.24 million units during the first half of 2022, says the Federation of Thai Industries (FTI).

Bangkok Post

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

Manufacturers brace for policy rate hike

Manufacturers are bracing for a higher policy rate, expected to be approved by the Bank of Thailand, by further cutting their expenses and increasing working capital, according to the latest poll conducted by the Federation of Thai Industries (FTI).

Bangkok Post

Output to fall short of 1.8m target

Thailand's car manufacturing is likely to fall short of a target of 1.8 million units this year due to various factors, notably the protracted global semiconductor shortage, says the Federation of Thai Industries (FTI).

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

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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

Producers keep eye on sales amid rising costs

Higher energy prices have driven up production costs by 20%, but manufacturers managed to increase goods prices by less than 10% as they struggle to maintain sales volume, according to the latest poll conducted by the Federation of Thai Industries (FTI).

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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

Car manufacturing for export slides 40% amid dip in orders

Thailand's car manufacturing for export from January to May decreased by 40% year-on-year to 72,527 units due to sluggish purchase orders, particularly from the European and US markets, says the Federation of Thai Industries (FTI).

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

Project aims to ease farmers' fertiliser woes

The Institute for Agro-Based Industries, a unit under the Federation of Thai Industries (FTI), has joined hands with Kasetsart University to develop organic fertilisers, with the aim of helping farmers bearing the higher cost of imported chemical fertilisers.

Bangkok Post

Investigating the crypto crash

The value of cryptocurrencies has plunged over recent days, with Bitcoin -- the largest coin by market cap -- sinking to its lowest point since 2020.

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