TISI continues to decline in October BANGKOK, Nov 20 (TNA) – The Thai Industries Sentiment Index (TISI) continued to drop in October as a result of the persistent political uncertainties and the global economic crisis, according to the Federation of Thai Industries (FTI). FTI chairman Santi Vilass... Read more.
EMPLOYMENT / Immigrants most susceptible to layoffs in face of slump POST REPORTERS Immigrant workers are at highest risk of being unemployed at a time of economic instability as they are likely to be released first by struggling businesses, according to Pornsilp Patcharintanakul, deputy secretary-g... Read more.
ECONOMY Kongkiat critical of crisis response Asia Plus chief calls for faster collective action NAREERAT WIRIYAPONG The government has been too slow to introduce collective efforts to counter the impact of the global financial meltdown, business leaders say, warning that the productive sector of the... Read more.
Thailand to extend deposit guarantee for 3 yrs 30-OCT-2008 Intellasia | Reuters Oct 30, 2008 - 7:00:00 AM Thailand will extend a full guarantee on bank deposits until 2011 to ensure financial stability and reassure savers worried about the global financial crisis, its finance minister said on Tuesda... Read more.
Global crisis may cost a million Thai jobs-industry 29-OCT-2008 Intellasia | Reuters Oct 29, 2008 - 7:00:00 AM The global economic slowdown could cost Thailand a million jobs early next year and output will be slashed, the Federation of Thai Industries said on Monday. “I think industries will ... Read more.
FTI official says dispute poses long-term risks for Cambodian trade VICHAYA PITSUWAN The Preah Vihear dispute has so far only marginally reduced cross-border trade with Cambodia, but business is likely to deteriorate further in the long run, said Sommart Khunset, deputy secretary-general of the Fede... Read more.
AUTOMOBILES & PARTS Tyre makers plead for sulphur imports VICHAYA PITSUWAN Tyre makers have asked the Industry Ministry to help clarify with the Customs Department that their imports of 100% pure sulphur for producing tyres are legal because the product differs from 80% pure sulphur, which is ba... Read more.
Greener garments need a push PORNNALAT PRACHYAKORN The EU Flower eco-label might not guarantee the success Thai textile manufacturers have sought because of scant awareness of the label in the lucrative European Union (EU) market, according to Chen Namchaisiri, the president of the textile maker Asi... Read more.
Auto exports up 21.5% through September Automobile exports in the first nine months this year rose 21.46% from the same period last year to 599,431 units worth 434.27 billion baht, an increase of 27.7%, according to Federation of Thai Industries’ automobile industry club. Surapong Phaisitpatta... Read more.
INDUSTRY Bangkok Post Wednesday October 22, 2008 FTI wants weak baht to boost exports VICHAYA PITSUWAN The Thai baht should be maintained at between 33 and 35 per US dollar in order to boost the country’s competitiveness in export markets, says the Federation of Thai Industries (FTI). The weak... Read more.
