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EV sector may face new chip shortage

Electric vehicle (EV) manufacturers may encounter another chip shortage following China's recent decision to restrict the export of two metals as a result of the US-China trade dispute, says the Federation of Thai Industries (FTI).

Bangkok Post · Jul 14, 2023

Delay poses risks to the economy

The University of the Thai Chamber of Commerce (UTCC) expects a prolonged delay in the selection of a prime minister and formation of a new government, leading to protests that, if violent, will significantly affect tourism revenue, causing a loss of 500 billion baht, or a one percentage point decline…

Bangkok Post · Jul 14, 2023

Companies on edge regarding delay

The private sector has grown increasingly concerned about the delay in the new government’s formation, which could affect new investments and the tourism sector.

Bangkok Post · Jul 12, 2023

Drowning in debt

Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

Bangkok Post · Jun 18, 2023

Sentiment declines again last month

Delays in establishing a new coalition government were partly blamed for a drop in the Thailand Industry Sentiment Index (TISI) for a second consecutive month, with the May reading at 92.5 points, down from 95 in April.

Bangkok Post · Jun 14, 2023

The eternal joust over rate hikes

Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.

Bangkok Post · Jun 11, 2023

Industry federation calls for greater business cooperation with Beijing

The Federation of Thai Industries (FTI) wants to increase Chinese investment in Thailand, especially in the electric vehicle (EV), food and healthcare segments, by advocating more business cooperation with Beijing.

Bangkok Post · Jun 8, 2023

Alarm over weather-related threats

Drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion baht to the Thai economy this year, says the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB).

Bangkok Post · Jun 7, 2023

Coalition delays seen as threat to growth

The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.

Bangkok Post · Jun 7, 2023

Business groups back 'fair growth' principle

Key business groups welcome the Move Forward Party's campaign promises to tackle economic inequality, but wonder if it can solve a problem that has long plagued the country.

Bangkok Post · May 28, 2023