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INSANE: 6 | Vintage Vibes

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 · Jul 27, 2022

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 · Jul 25, 2022

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 · Jul 24, 2022

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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 · Jul 22, 2022

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 · Jul 17, 2022

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 · Jul 13, 2022

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 · Jul 7, 2022

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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).

Bangkok Post · Jul 6, 2022

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 · Jul 3, 2022

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 · Jun 29, 2022

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 · Jun 23, 2022

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 · Jun 22, 2022

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 · Jun 21, 2022

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 · Jun 20, 2022

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Bangkok Post · Jun 19, 2022

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.

Bangkok Post · Jun 19, 2022

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).

Bangkok Post · Jun 13, 2022

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 · Jun 12, 2022

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.

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Bangkok Post · Jun 12, 2022

Several hurdles remain for local EV market

The lingering question following the launch of the government's electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.

Bangkok Post · Jun 9, 2022

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 · Jun 5, 2022

FTI urges maintaining diesel price subsidy

Thailand's inflation rate is expected to stand at 4-5% throughout this year, prompting the need for the government to maintain its diesel price subsidy programme, says the Federation of Thai Industries (FTI).

Benzinga · Jun 1, 2022

Roper Technologies Divests Majority Stake In Its Industrial Businesses

Roper Technologies Inc (NYSE:ROP) has agreed to sell a majority stake in its industrial businesses to affiliates of Clayton, Dubilier & Rice, LLC (CD&R) for cash proceeds of ~$2.6 billion while retaining a 49% minority interest in a new standalone entity. The following businesses are involved in the transaction: Alpha, AMOT, CCC, Cornell,…

Bangkok Post · May 31, 2022

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 · May 29, 2022

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 · May 23, 2022

FTI retains car output target

The Federation of Thai Industries (FTI) has maintained its car production target of 1.8 million units this year though many manufacturers have temporarily shut down factories due to a shortage of semiconductors.

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