News
Survey: Thailand’s industrial readiness lagging
Thailand’s industrial readiness score is 2.8 out of 6, according to a new survey, while the ultimate goal is to accelerate the rate to 4 or higher.The first survey report on Thailand’s Industry 4.0 readiness in 2023 has been unveiled by The Sustainable Manufacturing Centre ...
The Nation Reporter
BOI to support Thailand’s efforts to become a bioplastics hub
The Board of Investment (BOI) is supporting efforts to turn Thailand into a hub for the global bioplastics industry, which is driving the green economy.Over the past five years, BOI has promoted investments of more than 37 billion baht in the bioplastics sector, spanning from ...
The Nation Reporter
MPI rises 6.6% in January to reach 10-month high
Thailand’s Manufacturing Production Index (MPI) increased by 6.6% from December last year to reach 99.8 points in January, the highest level in 10 months, thanks to more business activity, driven by an uptick in tourism.However, the January MPI decreased by 4.35% year-on-year due to the ...
Bangkok Post Reporter
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).The inflation rate hike and prolonged global oil price surge, driven by ...
Lamonphet Apisitniran
Industries mood at 16-month low in August over virus restrictions
Industries sentiment declined for a fifth straight month in August to 16-month low, hurt by tougher restrictions to contain the country’s biggest coronavirus outbreak and infections at factories, the Federation of Thai Industries (FTI) said on Wednesday.The measures were imposed in July in 13 provinces ...
Bangkok Post Reporter
Thai industries sentiment hits 11-month low in May
Thailand’s industries sentiment dropped for a second straight month in May, hitting an 11-month low, due to a third wave of coronavirus infections and a slow vaccine rollout, an industries group said on Tuesday.The Federation of Thai Industries (FTI) said its Thai industries sentiment index ...
FTI gloomy over new outbreak
The new Covid-19 outbreak, which stunned Thai people with a new hardly controlled virus variant, continues to raise more concerns over economic health, adding fiscal-monetary burdens to the government, now likely to see GDP miss its target.The Federation of Thai Industry (FTI) on Thursday warned ...
Bangkok Post Reporter
Germany assists Thailand to 'go green'
Industry Minister Suriya Jungrungreangkit has pledged to cooperate with the German-Thai Chamber of Commerce (GTCC) to promote clean industry, as a means of reducing pollution problems including PM2.5 and making Thai industry more sustainable.“The German-Thai Chamber of Commerce offers to help Thailand make its industrial ...
Bangkok Post Reporter
Adopt economies of intelligence or fall behind, Thai industry warned
Thailand’s manufacturing sector will lag behind unless it takes steps to embrace the emerging economies of intelligence for which data and the capacity to synthesize contents are key success factors.According to Robert Parker, a senior executive of IDC, a global provider of market intelligence and ...
Nophakhun Limsamarnphun
Thai industry declares war on plastic pollution with ‘unprecedented’ public-private effort
Every ministry in Thailand has agreed to curb its use of plastic bags and foam packaging as part of the government’s pledge yesterday on World Environment Day.Falling annually on June 5, the day carried the theme of “Beat Plastic Pollution” this year. “All government agencies ...
Rachanon Charoonsak