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INSANE: 6 | Vintage Vibes

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

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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.

Bangkok Post

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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

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

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

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

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).

Bangkok Post

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,…

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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

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.

Bangkok Post

Shift in economic structure urged

Thailand's economic recovery is relatively slower than that of its Asean peers because the domestic economic structure in the country is reliant on conventional industries.

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Bangkok Post

TISI dips to 86.2 in April on oil price hike

The Thailand Industry Sentiment Index (TISI) in April fell to 86.2 points from 89.2 in March due mainly to the global oil price surge, driven by the prolonged Russia-Ukraine war, and higher inflation.

Bangkok Post

Industrial confidence at five-month low

Thailand's industries sentiment index dropped to a five-month low in April, hit by higher production costs as Russia's invasion of Ukraine pushed up the price of energy and raw materials, an industries group said on Wednesday.

Bangkok Post

Former FTI chief says he has nothing to fear in entering politics

Suphan Mongkolsuthee, former chairman of the Board of Directors of the Federation of Thai Industries (FTI), was on Monday named leader of the Thai Sang Thai Party's economics team.

Bangkok Post

Former FTI chairman joins Thai Sang Thai

Former Federation of Thai Industries (FTI) chairman Supant Mongkolsuthree has entered politics as the economic chief of the Thai Sang Thai Party.

Bangkok Post

Temper your expectations

On April 30, after the last inbound visitor went through the RT-PCR testing process at Phuket airport, it represented the culmination of a 10-month mission for the quarantine team at the terminal.

Bangkok Post

Inflation heads industry agenda

Soaring inflation tops the agenda when the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) meets this Wednesday to discuss Thailand's economic outlook in the second half of the year.

Bangkok Post

FTI wary of wage increase

The Federation of Thai Industries is opposing a proposal to increase the daily minimum wage to 492 baht, fearing that small and medium-sized enterprises (SMEs) will be severely impacted.

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