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UNCOVERED: 7 - The Untold Story

Domestic car sales rise in March, as car exports fall

Domestic car sales in March rose 9.1% from a year earlier to 87,245 units, helped by improved economic activity following an easing of coronavirus curbs and relief measures, the Federation of Thai Industries (FTI) said on Monday.

Bangkok Post

FTI wants diesel tax cut extended

The Federation of Thai Industries (FTI) is calling on the government to extend the diesel excise tax reduction for another three months to slow soaring energy prices and give businesses and households more time to adjust to higher manufacturing and living costs.

Bangkok Post

Have we missed the crypto boat?

Although Thailand has banned the use of digital assets to pay for goods and services, some organisations think they may still be used as a future alternative currency.

Bangkok Post

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Industry sentiment on 2-year high

The Thailand Industry Sentiment Index (TISI) rose to 89.2 points in March, the highest in 25 months, while the mood in April should be improved by the Songkran festival, says the Federation of Thai Industries (FTI).

Bangkok Post

Key panel further cuts GDP forecast

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) continues to cut its GDP forecast, with maximum growth down to 4%, while inflation is likely to soar to 5.5% based on the unsettled Russia-Ukraine war and Covid-19 outbreaks in China.

Bangkok Post

FTI urges government to rethink planned Ft hike

The Federation of Thai Industries (FTI) wants the government to reconsider the plan to increase the fuel tariff (Ft) as the group works to slow rising energy costs and the pressure on the manufacturing sector.

Bangkok Post

FTI calls for fund to help develop country's SMEs

The Federation of Thai Industries (FTI) has called on large companies and the government to support an "innovation fund", established to help small and medium-sized enterprises (SMEs) develop their businesses.

Bangkok Post

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All eyes on China

China's zero-Covid policy has lasted for nearly two years and faced a tough challenge last week as a flare-up triggered fresh lockdowns in several industrial cities in hard-hit northeastern Jilin province and southern technology hub Shenzhen.

Bangkok Post

FTI jittery on car export goal

The Federation of Thai Industries (FTI) expects Thailand's car exports to miss the target of 1 million units this year amid growing concerns over a raw material shortage and surging prices, driven by the Russia-Ukraine war.

Bangkok Post

4 Energy Stocks Under $10 Wall Street Loves: Tellurian, Energy Transfer, TechnipFMC, and Crescent Point Energy

Oil prices are expected to remain above the $100 mark in the coming months amid the tight supply outlook. The rising prices over the past months have helped energy stocks, Energy Transfer (ET), Crescent Point (CPG), TechnipFMC (FTI), and Tellurian (TELL) to gain significantly. Wall Street analysts see further upside…

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FTI pushes easing of tourism rules

The Federation of Thai Industries (FTI) wants the government to further relax screening of foreign tourists by abandoning the mandatory Test & Go scheme, quarantine and RT-PCR testing to attract more visitors and restore the pandemic-ravaged tourism industry.

Bangkok Post

Is stagflation looming?

With Thailand's inflation galloping, unemployment relatively high and the outlook for economic growth dimmed by another outbreak of Covid-19, economists and analysts are increasingly warning of a possible bout of stagflation.

Bangkok Post

FTI seeks waiver of diesel excise

The Federation of Thai Industries (FTI) is calling on the government to temporarily waive the diesel excise tax to allow it to better manage borrowing to continue the diesel price subsidy programme.

Bangkok Post

Manufacturers want diesel subsidy continued

Manufacturers will struggle to maintain their goods prices for another 3-6 months amid the Russia-Ukraine war, but they insist the government continue to cap diesel prices at below 30 baht a litre, says the Federation of Thai Industries (FTI).

Bangkok Post

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Bangkok Post

Industries confidence drops for first time in 6 months

The country's industries sentiment dropped in February for the first time in six months, dented by a spike in Covid-19 infections, surging oil prices and the impacts of Russia's invasion of Ukraine, an industries group said on Thursday.

Bangkok Post

FTI urges swifter state action on labour amid shortage

The Federation of Thai Industries (FTI) is demanding a greater effort to deal with the severe shortage of 700,000 workers, even as the government is working to bring in migrant workers from neighbouring countries.

Bangkok Post

Fuel tariff freeze demanded as oil prices imperil economy

Executives at the Federation of Thai Industries (FTI) want the government to freeze the fuel tariff (Ft) on power bills and maintain retail gas prices to ease the impact of soaring global oil prices on economic activities and the cost of living.

Bangkok Post

Russia-Ukraine conflict bodes ill for Thailand, say FTI, shippers

Higher inflation and a sluggish economy are looming this year following the Russian invasion of Ukraine, says the Federation of Thai Industries (FTI).

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Forget TechnipFMC, Buy These 4 Energy Service Stocks Instead

Although soaring oil and gas prices are expected to drive the demand for the oil and gas equipment and services industry, several supply-related challenges could mar the industry’s growth. TechnipFMC (FTI) looks overvalued now, given its weak financials. However, we think investors could instead bet on quality stocks in this…

Bangkok Post

FTI fears Ukraine impact on car exports

The Federation of Thai Industries (FTI) is worried the Russia-Ukraine crisis may affect car exports, which already dropped by 5.8% in January because of the prolonged global semiconductor shortage.

Bangkok Post

FTI: Car output to exceed 2m by 2024

Thailand will see its annual car production increase to more than 2 million units within two years thanks to the global economic recovery, the Federation of Thai Industries (FTI) has predicted.

Bangkok Post

Call for cap on utility prices

The Federation of Thai Industries (FTI) wants the government to put a cap on electricity, water and cooking gas prices to slow down living cost increases as well as push stimulus measures as the Thailand Industry Sentiment Index (TISI) continued to increase to 88 points in January.

Bangkok Post

Prices set to see rise after 2 months

Manufacturers can fix their product prices without adjustment for another 1-2 months before seeing them rise and remain high for at least three months as a result of higher energy prices, according to the latest survey by the Federation of Thai Industries (FTI).

Bangkok Post

FTI: 800,000 migrant workers needed

Thailand urgently needs 800,000 migrant workers to serve the manufacturing sector as well as tourism and service businesses that are struggling to deal with a labour shortage, says the Federation of Thai Industries (FTI).

Bangkok Post

Car exports poised to rise to 1m units

Car exports are expected to increase to 1 million units for the first time in two years as the Federation of Thai Industries (FTI) pins its hopes on the limited impact of Covid-19 and the global semiconductor shortage on the automotive industry.

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